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lets talk about getting an MBA

dead_reggin_storage_fashi

dead_reggin_storage_fashi

New member
I have BS from UCLA and thinking about getting my MBA in a year or so. I have experiance I just need to realize I need to do well on the GMAT etc

but I have heard that an MBA doesnt mean shit unless it is from the top of the top. seems everyone at the top of command has an MBA from a big hairy school.

As a result, the value of your MBA degree is directly related to the prestige of the university and business school which grants it. A recent study of the value of MBA programs concluded that “if you don’t get into a leading business school, the economic value of the degree is really quite limited.” [1] The study examined consultants at McKinsey & Company



Harvard Business School
Stanford Graduate School of Business
MIT Sloan School of Management
Wharton School, University of Pennsylvania
Kellogg School of Management, Northwestern University



I could maybe try stanford...... only dream on that and hope...maybe USC i could try too

Goldman, Sachs & Co really only hires those from strong MBA programs. I would love to work overseas in the Asian market for Goldman Sachs
 
dead_reggin_storage_fashi said:
I have BS from UCLA and thinking about getting my MBA in a year or so. I have experiance I just need to realize I need to do well on the GMAT etc

but I have heard that an MBA doesnt mean shit unless it is from the top of the top

As a result, the value of your MBA degree is directly related to the prestige of the university and business school which grants it. A recent study of the value of MBA programs concluded that “if you don’t get into a leading business school, the economic value of the degree is really quite limited.” [1] The study examined consultants at McKinsey & Company



Harvard Business School
Stanford Graduate School of Business
MIT Sloan School of Management
Wharton School, University of Pennsylvania
Kellogg School of Management, Northwestern University



I could maybe try stanford...... only dream on that and hope

Goldman, Sachs & Co really only hires those from strong MBA programs. I would love to work overseas in the Asian market for Goldman Sachs
Click to expand...

not true. i have a cousin that got hired by them straight out of college after his bachelors. they recruited him wayyyy before that (he interned there for the summer. paid him well, too). they recruit all the freakin 4.0 gpa, top 20 business school kids.

fuck the corporate ladder. make your bread, stack it, and make your money work for you.

an MBA will get you a job with a botique investment firm/bank....but the big dogs, yeah, they all go for the top end schools. such is the bullshit of the corporate world
 
if the jobs you seek and want to acquire, require an mba - then go for it.

if u just want to get one, then blindly start seeking - don't waste your time.

rat-racers go for mba's, hoping it will translate to more money in their stuck careers. 9/10 it never appears. they continue bieng spreadsheet monkeys working in jobs that don't speicifcally require an mba.

elitists just use the 'mba' paper to create a barrier of entry to higher positions. that's all. you can learn all the mba shit yourself just by reading books for 2 years.

r
 
Razorguns said:
if the jobs you seek and want to acquire, require an mba - then go for it.


r
Click to expand...

eventually that will be the case. I just am startging to read the big hairy companies basically only hire from the top 5 schools. USC aint bad but is not Kelllogg
 
nimbus said:
i heard the study guides help a lot, but that the classes are a waste of time
Click to expand...
I took the gmat stone cold and got 530, which isnt that good but I asked around my uni and knew all i had to get was a 500 or higher since my gpa was stacked.
 
in today's age an MBA is not a valuable as they were 5 years ago but if that's what you want to do do it, if you have any doubt don't waste your time or money
 
I am starting my Bachelor of Science at one of the schools u mentioned above and I honestly think that a Master's of Economics in one of those schools is far more useful than an MBA (if u take business school undergrad).
 
Anyway, what really boils down to at the end of the day is your performance. I know a few hedge fund managers / advisors who do not have MBAs.

On the other hand, I know some who have triple graduate degrees from Yale. So whilst good schools do kind of open doors, a truly fantastic performer is more important.
 
ErikZ said:
I am starting my Bachelor of Science at one of the schools u mentioned above and I honestly think that a Master's of Economics in one of those schools is far more useful than an MBA (if u take business school undergrad).
Click to expand...


where do u go now?
 
calveless wonder said:
not true. i have a cousin that got hired by them straight out of college after his bachelors. they recruited him wayyyy before that (he interned there for the summer. paid him well, too). they recruit all the freakin 4.0 gpa, top 20 business school kids.

fuck the corporate ladder. make your bread, stack it, and make your money work for you.

an MBA will get you a job with a botique investment firm/bank....but the big dogs, yeah, they all go for the top end schools. such is the bullshit of the corporate world
Click to expand...

Truth. dead, cheack karma messages.
 
Last edited:
I have one, but the degree was more of a byproduct of my desire to get some more work experience and some time to grow the fuck up.

it helps tho. it's one of those things that will matter at the right time.
 
dead_reggin_storage_fashi said:
I have BS from UCLA and thinking about getting my MBA in a year or so. I have experiance I just need to realize I need to do well on the GMAT etc

but I have heard that an MBA doesnt mean shit unless it is from the top of the top. seems everyone at the top of command has an MBA from a big hairy school.

As a result, the value of your MBA degree is directly related to the prestige of the university and business school which grants it. A recent study of the value of MBA programs concluded that “if you don’t get into a leading business school, the economic value of the degree is really quite limited.” [1] The study examined consultants at McKinsey & Company



Harvard Business School
Stanford Graduate School of Business
MIT Sloan School of Management
Wharton School, University of Pennsylvania
Kellogg School of Management, Northwestern University



I could maybe try stanford...... only dream on that and hope...maybe USC i could try too

Goldman, Sachs & Co really only hires those from strong MBA programs. I would love to work overseas in the Asian market for Goldman Sachs
Click to expand...
My little brother is currently at Kellogg. Is it tough to get in there? He's got a lot of natural intelligence but I dont know that his undergrad grades were all that hot (partied alot). Although he's been highly successful in his career since he left undergrad, does that have anything to do with it>
 
nefertiti said:
Truth. dead, cheack karma messages.
Click to expand...

really curious as to what was in said k message, to see your opinion cause you're a shmartay please fill me in if you want, I'd appreciate that thanks nef.
 
FriendlyCanadian said:
really curious as to what was in said k message, to see your opinion cause you're a shmartay please fill me in if you want, I'd appreciate that thanks nef.
Click to expand...

Just talking about education background and current place of employment, things im not comfortable being public. The condensed version of what I told him is this : You don't need an MBA from a top school but it certainly makes life 10x easier. Either way, if you want to work for the Goldman Sachs and Morgan Stanleys of the world, be prepared to show, somehow, that you want it more than anyone else interviewing.
 
nefertiti said:
Just talking about education background and current place of employment, things im not comfortable being public. The condensed version of what I told him is this : You don't need an MBA from a top school but it certainly makes life 10x easier. Either way, if you want to work for the Goldman Sachs and Morgan Stanleys of the world, be prepared to show, somehow, that you want it more than anyone else interviewing.
Click to expand...

Cool well thanks very much for the information nef, I'll hit you again after I've spread more. =)

anymore information about this kind of stuff would be fabulous as I'm just starting the long adventure to obtain my career. =)

what do you do if you don't mind my asking?
 
FriendlyCanadian said:
Cool well thanks very much for the information nef, I'll hit you again after I've spread more. =)

anymore information about this kind of stuff would be fabulous as I'm just starting the long adventure to obtain my career. =)

what do you do if you don't mind my asking?
Click to expand...

Mostly mergers and aquisitions. Some restructuring. Some spinoffs. Used to do asset management. Anything more detailed, PM me.
 
I just started the MBA.PM program at USC. Let me know if you have any questions. If you are in Southern California, then USC or UCLA are both good. I applied and got into both, but chose USC because they are nearly the same price (Part-time programs). I took a GMAT prep class from Manhattan GMAT and got a 710. I highly recommend it.

flash.
 
A lot of people I work with are getting their MBA's through the University of Phoenix....

kind of laughable.

Go get an engineering degree, you'll be better than everyone else.
 
i have a masters degree in taxation from robert morris college in pittsburgh, pa. . .i doubled my annual income two weeks after i graduated. . .my next employer paid me an $8,000 signing bonus. . .
 
I have my MBA from a Connecticut State University, not the best and not the worst. If you have no prior experience, than where you get it from matters more. I used my to get a better job inside my company - technical marketing as my undergrad is in mechanical engineering. Now I am going to law school, so I will not even use my MBA.
 
How common/possible/realistic is it to go for an MBA straight out of college? I'm going to get have 2 BA's, one in Psychology and one in Economics. I've worked for the last 3 summers, 1 being a bullshit job but the last two being internships at legit (although hi-tech startup) companies. But I'm guessing this doesn't count as work experience since it isn't relevant. NEways, anyone?
 
There are so many MBAs running around in the private sector in my geographical labor market that it has actually devalued the B.S. degree. These aren't top tier universities, however it still alters the equilibrium of supply and demand for college educated labor. Why hire a B.S. when you can have an MBA for the same price that you can plug in and make near zero human capital investment in the form of on the job training?

An MBA doesn't pay for off with the state gov't that I work for. The 2 years experience on the job is treated the same. Moving up within a state bureaucracy is more political in nature and less about qualifying credentials.
 
Mickey36 said:
I have my MBA from a Connecticut State University, not the best and not the worst. If you have no prior experience, than where you get it from matters more. I used my to get a better job inside my company - technical marketing as my undergrad is in mechanical engineering. Now I am going to law school, so I will not even use my MBA.
Click to expand...

that's interesting, im torn between JD and MBA. my impression is that the JD is more universal, and can be applied to a lot more professions...as well as not requiring any prior "business experience". The downside is, well, its just harded to get into a good program, and harder to get one period.
 
CrazyRussian said:
that's interesting, im torn between JD and MBA. my impression is that the JD is more universal, and can be applied to a lot more professions...as well as not requiring any prior "business experience". The downside is, well, its just harded to get into a good program, and harder to get one period.
Click to expand...

I find the JD much better than the MBA and not as many people have one. The LSAT is harder than the GMAT and the entrance is much more competitive. If I had to chose between the two, JD all the way.
 
KillahBee said:
I have one, but the degree was more of a byproduct of my desire to get some more work experience and some time to grow the fuck up.

it helps tho. it's one of those things that will matter at the right time.
Click to expand...

Agree with KB somewhat on this one. I got an MBA because it looks good to clients. Does not make me a better engineer or project manager. It will help if I decide to get a regular job again. I have 27 years of IT experience to go with education and certifications though.

For younger people without as much experience, an MBA from the right school might get you the interview but your brains and skills will get you the job.

S
 
nefertiti said:
Just talking about education background and current place of employment, things im not comfortable being public. The condensed version of what I told him is this : You don't need an MBA from a top school but it certainly makes life 10x easier. Either way, if you want to work for the Goldman Sachs and Morgan Stanleys of the world, be prepared to show, somehow, that you want it more than anyone else interviewing.
Click to expand...

lol getting your master's far from gaurantees you a job and definately doesn't gaurantee your life becoming easier. The fact is there are many people that come out of their masters making hardly enough to pay back their student loans..
 
Mickey36 said:
I find the JD much better than the MBA and not as many people have one. The LSAT is harder than the GMAT and the entrance is much more competitive. If I had to chose between the two, JD all the way.
Click to expand...

guess that explains why there's so many good attorneys running around :rolleyes:
 
digimon7068 said:
guess that explains why there's so many good attorneys running around :rolleyes:
Click to expand...

I didn't say that attorneys were better people, just better job prospects. Also, since most attorneys are lacking in the personality department, it makes it that much easier to get a good job because of the lack of competition.
 
I am 27 and already completed my MBA from an OK school here in NY. When I was 24 I got somewhat bored at work one day and thought hey maybe it I get this degree everything will be better. I randomly took the GMAT and applied to a bunch of schools not thinking I would get into any of them.
Well four years later.... I definitely have a much better job at a different company but I truly believe my MBA had NOTHING to do with getting. (Work paid for it though so that was a bonus). While everyones experiences will differ I learned more in the workforce versus studies. Any pursuit of an advanced degree should be in something that you truly love and want to have a career one. Perhaps the best thing I learned in 2.5 years of grad school was how much I hated finance (my major).
 
Mickey36 said:
I didn't say that attorneys were better people, just better job prospects. Also, since most attorneys are lacking in the personality department, it makes it that much easier to get a good job because of the lack of competition.
Click to expand...

aaaahhh. . .i'm just jealous. . .a couple of my buds, after we got our masters degrees in taxation, went on to law school. . .i thought about it (i was a much better student than either of them) but, i just felt too old (i was 31 when i finished my MST) so i decided against it. . .they both make quite a bit more than me now. . .but, i'm catching back up :)
 
SC4EVA said:
I think at this point I would rather spend time working on learning some new languages, etc.
Click to expand...
an MBA does next to nothing for u if u r a career federal employee :(
 
digimon7068 said:
aaaahhh. . .i'm just jealous. . .a couple of my buds, after we got our masters degrees in taxation, went on to law school. . .i thought about it (i was a much better student than either of them) but, i just felt too old (i was 31 when i finished my MST) so i decided against it. . .they both make quite a bit more than me now. . .but, i'm catching back up :)
Click to expand...

I am 37 and going to law school. See what you are missing :)

http://home.earthlink.net/~michelle1108/sitebuildercontent/sitebuilderpictures/lawschoolef.jpg
 
nefertiti said:
Mostly mergers and aquisitions. Some restructuring. Some spinoffs. Used to do asset management. Anything more detailed, PM me.
Click to expand...
any chance you started in private wealth management and did well before you were offered M&A and other opportunities in the company?
 
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UA_Iron said:
A lot of people I work with are getting their MBA's through the University of Phoenix....

kind of laughable.

Go get an engineering degree, you'll be better than everyone else.
Click to expand...
he is right in that univ. of phoenix is a joke

he is also right in that the engineering peers i had in my my MBA were the best I encountered, only in that they were more in tune with operations for some reason, and finance was a joke for them just easy.

if I had to hire MBA's I would definitely pick engineering undergrad. + finance MBA in many many, many situations.

that being said I still scored higher than them in all of finance and I have to say that because I'm jealous and pissed off of their engineering background and intelligence.
 
Mickey36 said:
I have my MBA from a Connecticut State University, not the best and not the worst. If you have no prior experience, than where you get it from matters more. I used my to get a better job inside my company - technical marketing as my undergrad is in mechanical engineering. Now I am going to law school, so I will not even use my MBA.
Click to expand...
school junkie, break out of it. figure out what you love.
 
Jimsbbc said:
There are so many MBAs running around in the private sector in my geographical labor market that it has actually devalued the B.S. degree. These aren't top tier universities, however it still alters the equilibrium of supply and demand for college educated labor. Why hire a B.S. when you can have an MBA for the same price that you can plug in and make near zero human capital investment in the form of on the job training?

An MBA doesn't pay for off with the state gov't that I work for. The 2 years experience on the job is treated the same. Moving up within a state bureaucracy is more political in nature and less about qualifying credentials.
Click to expand...
this is a case where there appears to be absolutely no name value, and therefore agreed, MBA worthless.
 
Mickey36 said:
I find the JD much better than the MBA and not as many people have one. The LSAT is harder than the GMAT and the entrance is much more competitive. If I had to chose between the two, JD all the way.
Click to expand...
better at least love law for awhile before you want to do business, if that's what you mean. I went down the same road, asked and asked and asked about whether to get an MBA or a JD/MBA, and the universal concensus was unless you want to be a lawyer OR BE SEEN AS ONE, don't get a JD.
 
Smurfy said:
My little brother is currently at Kellogg. Is it tough to get in there? He's got a lot of natural intelligence but I dont know that his undergrad grades were all that hot (partied alot). Although he's been highly successful in his career since he left undergrad, does that have anything to do with it>
Click to expand...
what the.......

amazing school, so much respect.
 
dead_reggin_storage_fashi said:
I have BS from UCLA and thinking about getting my MBA in a year or so. I have experiance I just need to realize I need to do well on the GMAT etc

but I have heard that an MBA doesnt mean shit unless it is from the top of the top. seems everyone at the top of command has an MBA from a big hairy school.

As a result, the value of your MBA degree is directly related to the prestige of the university and business school which grants it. A recent study of the value of MBA programs concluded that “if you don’t get into a leading business school, the economic value of the degree is really quite limited.” [1] The study examined consultants at McKinsey & Company



Harvard Business School
Stanford Graduate School of Business
MIT Sloan School of Management
Wharton School, University of Pennsylvania
Kellogg School of Management, Northwestern University



I could maybe try stanford...... only dream on that and hope...maybe USC i could try too

Goldman, Sachs & Co really only hires those from strong MBA programs. I would love to work overseas in the Asian market for Goldman Sachs
Click to expand...


BRUIN DOG in the house!!!!!!!!!!!!!!!! You should be shot for considering USC.

My brother played for them in the Tommy Maddox era.

I work for a HEdge Fund and MBA's do hold a lot of weight. Any investment in yourself is a wise one & the school doesn't really matter.
 
I thought it took about 2 years to get an MBA.
 
chewyxrage said:
This has been an interesting thread - anyone else?
Click to expand...
well I can say for one thing my MBA program barely cracked the Top 50 and my pay went from $45,000 pre-MBA to over $100,000 post-MBA, more than double which I mean I know it's still not a lot to some people but it made a big difference in my life, so don't listen to everyone who says "unless it's from a Top 10 it's worthless". It's what you make of it mostly as long as it's from a good MBA program in your area. Let me know if you have any specific questions bro.
 
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