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is an MBA even worth it (pg. 2)
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| AnotherWay83 |
| quote: | Originally posted by Vector A
One would not know it from reading you here. With those kind of qualifications, I find it tough to imagine you having much income trouble.
But if you do, perhaps it has something to do with your winning personality, which business school is hardly equipped to fix anyway. |
you're right, i don't have income trouble, but i most certainly don't come from wealth and besides it's only been two yrs since i actually started making a decent salary. while i've saved up enough to pay for at least half of the entire program, it won't be enough to go all the way so a loan will be necessary. i already have a good bit of my undergrad student loans left, plus the lost income will be that much greater now if i go full time. then again, waiting to go back to school will only increase the cost further since tuition increases quickly.
my biggest fear is comin out of school with 6-figures in debt and then getting a job that pays the same as the one i have now. if the salary jump isn't significant (or takes too long to materialize, considering the current economic climate) i might be better off just staying the course and foregoing an advanced degree. i'm really split right now on what to do. |
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| ziptnf |
| quote: | Originally posted by rem11
ziptnf, r u anyway related to turtleman?
NAW IM SAYIN? "
NO, dont be a 28yo douche |
I... uh... what? Who? |
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| rem11 |
yea
LIVE ACTION!
rofl @ :28
rofl @ turtles not likin eachother.....
ok i gotta take break posting on ta, im last poster in most topics, thats wen u need passages malibu forum recovery annonymous. |
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| Fledz |
It is if you're in a big corporate firm and they are covering the costs. One of the advantages there is not only do they pay for it, but you get job security for a number of years after.
You're not going to do it full time, part time will take longer but it's only 3 years. Virtually all of the upper managers in my industry have MBAs but almost all of them did them when it was required, not earlier.
Doing an MBA without experience is worthless because you can't draw on your experience as you learn, so you are limiting yourself.
I think it's more than a little degrading to call MBA students shallow, unimaginative, too greedy and not sharp enough though. Where the did that come from? |
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| AnotherWay83 |
| quote: | Originally posted by Fledz
I think it's more than a little degrading to call MBA students shallow, unimaginative, too greedy and not sharp enough though. Where the did that come from? |
i'm still waiting for vector A to answer that myself :cool:
i have a total of 4 yrs work experience, but my background is in IT (software dev) so regardless i guess i'll be goin into the MBA program rather green in that sense... |
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| Meat187 |
An MBA is one of those curious degrees that qualifies you for absolutely nothing. In that respect it ranks even behind philosophy, which at least enables you to bull your way through a Lira thread.
So there are two types of MBA students:
1) Those who have been promoted to a job that now involves business stuff. Of course they are already qualified for that and are learning almost everything on the job. But usually there are some guys who studied business even higher up the ladder and they don't want to feel that their degree is worthless and everything they do can also be done but a computer scientist with some experience and common sense. Thus they ask him to do an MBA, because it's often regarded as a quasi-requirement for business jobs, even if you do it long after starting the job.
2) Those who pop the collar of their pink Lacoste polo and smear a load of gel in their hair.
Obviously you want to land in group 1, so try advancing your career with what you already got, until you land in a job for which you can retroactively do your MBA. |
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| tubby |
so your current job is writing risk analysis programs? what part of that process are you doing? Coding? functional specs? cost-benefit? managing the team responsible?
or more importantly, where do you want to be going with this? Aiming for CIO positions? that'll determine if an MBA will help.
My brother in law did his MBA in 3 years part time, was a huge drain on his life, but he was glad to have done it before he had kids, no way he could do it now. Benefit to his career - hard to say but I'd have to say it has, whether or not it was worth the sacrifices at the time, even harder to say |
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| Sushipunk |
| quote: | Originally posted by tubby
he was glad to have done it before he had kids |
Hey, the thread starter won't be worrying about that. Like, ever! |
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| Fledz |
I remember talking to a guy a few years back about an MBA and he basically condensed it down to his through his experience:
It may not have necessarily thought him too much that he didn't already know, but it opened up doors. He said that doors opened in his career that he didn't even know existed. It's all about networking and selling yourself, and an MBA in the right profession is yet another tick of a box to an ever growing of hopefully more refined and impressive resume.
It is a massive drain as tubby said so make sure you really want to do it. I did postgrad business this year (core subjects are virtually the same as MBA) and it was pretty rough. Second semester was easier to deal with but the first one with 2 subjects, tonnes of group work and full time work was really full on. Would I do it again? Absolutely, as that opened doors for me too. |
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| Fledz |
| You're usually someone I agree with but that is one of the single dumbest and most ridiculous things you have ever posted on this forum. |
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| Ygrene |
Yes, do it. Particularly if it's paid for.
After you've met the employment obligations post completion, you'll likely either be able to:
A. Stay where you are because you know the drill and you are valuable resource to them. Consider that you may be able to change some of the things that you don't like about your current situation as you become a more integral part of the organization.
B. Focus on leaving the company for your absolute dream job, whatever it may be. You've got a great deal of experience and an MBA from a top 10 school. Additionally, some of the connections you make during your schooling could help you find that job.
C. Focus on leaving the company for a job solely to make bank. Most big salary gains are made when leaving one company for another. Ideally, option B would do this for you but some people's idea of a dream job is one where they just make bank. |
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