150K Masters degree, to become a Deli Clerk

[NoTine42]

Pretty much this. If they truly had an idea worthy of 'entrepreneuring', they'd have taken courses in how to manage the business around it, not the entrepreneurship itself. Wtf could that degree even possibly teach? Especially, at the masters level.

I wish we didn't get duped into believing this garbage to the point that colleges will accept your money for bullshit degrees like this.

See GoPro, The Masters class in entrepreneurship is how to screw the public when you offer an IPO for your established company.

 

[Ns1]

With a degree in entrepreneurship you would think he'd start an aluminum/plastics recycling company or something instead of working at a deli counter.

something tells me he did it wrong.

Pretty much this. If they truly had an idea worthy of 'entrepreneuring', they'd have taken courses in how to manage the business around it, not the entrepreneurship itself. Wtf could that degree even possibly teach? Especially, at the masters level.

I wish we didn't get duped into believing this garbage to the point that colleges will accept your money for bullshit degrees like this.

buddy took got an entrepreneurship at a top XX college for entrepreneurship - they basically taught him how to hustle for money, helped him develop the balls to ask for money, and gave him the connections to ask for money.

dude's doing pretty well now, but he had it in him to begin with.

 

[smackababy]

See GoPro, The Masters class in entrepreneurship is how to screw the public when you offer an IPO for your established company.

You need something first. GoPro, while incredibly overvalued, has a good product and found a way to market it effectively. No class is going to teach you that.


You know what would be better? A masters in business management. So, once you get all that money, you don't run your company into the ground.

 

[Linux23]

SMDH. Terrible.

 

[CraKaJaX]

This is why I chose 4 years of school vs. 4 years of vacation.

 

[smackababy]

This is why I chose 4 years of school vs. 4 years of vacation.

You mean you actually went to class, payed attention, and didn't drink and party every night? What kind of loser are you? One that doesn't work at a Deli and drives a new S-Class? Oh...

 

[Red Squirrel]

That's almost as much as my mortgage. Ridiculous that people feel the need to spend that much for school.

School is simply to get a piece of paper that entitles you to a job, pick the cheapest one and be done with it! I went to community college and paid less than 10k for 3 years including books and I could not care less how prestigious it is, I'm better off financially than people who went to super high end places.

There are also things that you can only really learn about from being exposed to it. Entrepreneurship would be one of those things.

 

[kt]

Pretty much this. If they truly had an idea worthy of 'entrepreneuring', they'd have taken courses in how to manage the business around it, not the entrepreneurship itself. Wtf could that degree even possibly teach? Especially, at the masters level.

I wish we didn't get duped into believing this garbage to the point that colleges will accept your money for bullshit degrees like this.

It's not quite true depending on the school. A friend of mine actually has a Master in Entrepreneurship. From what he tells me, it's more about network building and he got something out of it. Given he didn't put himself $150k in debt for it but he did spend the money to get the degree and it has more than paid off for him.

 

[Ns1]

finally read the OP

42 and Living With Roommates

“I’ve had to seriously downgrade my living situation,” said Alex Gomez, a 42-year-old with a master’s degree in entrepreneurship. Gomez lost his last full-time job in 2009 and has been looking for work since a short-term contract position ended in 2012.

Gomez’s home was foreclosed on, so the Tampa resident lives with three roommates in a college neighborhood. He drained his 401(k) trying to save his house, and he has around $150,000 in student loans. His mother is tapping her 401(k) to pay his rent. Gomez subsists on that and about $200 a month in food stamps.
....
“I have been applying and looking for pretty much anything at this stage,” he said. Although he’s looking for work in engineering or data management, “I applied to a supermarket as a deli clerk because I used to be a deli clerk as a teenager,” he said. He was told he was overqualified and turned down.

if you're looking for a job in engineering or data management why the fuck did you get a degree in entrepreneurship? what the fuck kind of entrepreneur is this.

 

[waggy]

finally read the OP



if you're looking for a job in engineering or data management why the fuck did you get a degree in entrepreneurship? what the fuck kind of entrepreneur is this.

I have to admit i'm a little confused on what a MBA in Entrepreneurship is. I have never heard of it.

is this from the university of Phoenix type thing?

 

[shabby]

finally read the OP



if you're looking for a job in engineering or data management why the fuck did you get a degree in entrepreneurship? what the fuck kind of entrepreneur is this.

Obviously he failed the course.

 

[Ns1]

I have to admit i'm a little confused on what a MBA in Entrepreneurship is. I have never heard of it.

is this from the university of Phoenix type thing?

here's the curriculum for a maters in entrepreneurship from my alma mater

The MSEI can be completed in one year on a full-time basis or over two years on a part-time basis. Many classes are offered at night to accommodate the needs of working professionals, with some courses available during the day.

REQUIRED COURSES
BAEP-549 The Entrepreneurial Journey 2
BAEP-563 Corporate Entrepreneurship 3
BAEP-552 Cases in Feasibility Analysis or
BAEP-554 Venture Initiation 3
MKT-525 Consumer Behavior 3
MOR-554 Leading Innovation and Change 3

ELECTIVE COURSES UNITS
Select 9 units from the following:
BAEP-553 Cases in New Venture Management 3
BAEP-557 Technology Commercialization 3
BAEP-558 The Entrepreneurial Advisor: Problem Solving for Early-Stage Companies 3
BAEP-559 Investing in New Ventures 3
BAEP-591 Social Entrepreneurship 3
DSO-547 Designing Spreadsheet Based Models 3
ISE-545 Technology Development and Implementation 3
ISE-555 Invention and Technology Development 3
MKT-528 Sales Management: The Art and Science of Sales 3
MKT-530 New Product Development 3
MOR-565 Alliances and Corporate Strategy 3
MOR-567 Interpersonal Influence and Power 3
MOR-570 Leading Effective Teams 3

 

[clamum]

finally read the OP



if you're looking for a job in engineering or data management why the fuck did you get a degree in entrepreneurship? what the fuck kind of entrepreneur is this.

That's what I was wondering. Well I'm not surprised he can't find a job in engineering or data management. What do those things have to do with entrepreneurship? That's like me (computer science degree) trying to get a job as a mechanical engineer or something, isn't it?

 

[Ns1]

That's what I was wondering. Well I'm not surprised he can't find a job in engineering or data management. What do those things have to do with entrepreneurship? That's like me (computer science degree) trying to get a job as a mechanical engineer or something, isn't it?

That's probably one reason why he can't get a job; can you imagine the interview question "so tell me more about this entrepreneurship degree..."? I can't see how he can answer that question in a positive light.


To add to that, he has almost the same arguments working against him as hiring an overqualified worker - "oh as soon as he gets his business going he's gonna be outta here for sure. Let's hire someone else who looks like they'll stay."

 

[smackababy]

That's probably one reason why he can't get a job; can you imagine the interview question "so tell me more about this entrepreneurship degree..."? I can't see how he can answer that question in a positive light.


To add to that, he has almost the same arguments working against him as hiring an overqualified worker - "oh as soon as he gets his business going he's gonna be outta here for sure. Let's hire someone else who looks like they'll stay."

It seems like his main problem is he spent $150,000 on a degree designed around starting your own business (or, at least, being a part of that process for someone else's business) and he is looking to do the opposite.

He had a steady job for a length of time, and can't find something after being laid off.

 

[Scarpozzi]

I took a class on entrepreneurship in my MBA program. The class itself was a joke, "All you need to do is start a company or create a product....then find investors"

I think the lesson here is that there are 2 kinds of people...those who work with science and math and make money...then there are the dreamers who should work in a deli straight out of high school and save the taxpayers and themselves time and money.

I highly doubt he paid $150k for a master's degree alone. He probably included his undergrad tuition with that or included his living expenses for the past few years in his student loans.

 

[Naer]

Just another victim of a culture in decline

 

[Fern]

I don't think the guy has a clue.

1st upon graduation he should have been exploring, evaluating and then opening his new business. I see no evidence of that.

2nd he can't find a job? Make one. Nothing wrong with being a deli clerk. He should use that to open his own deli place. Learn how to cost-out sandwiches. Meet suppliers. Learn the local market. E.g., what are the top sellers? What is the breakdown between carryout and sit down? What should rent be?

Get successful and perhaps sell franchises.

If he's not interested in deli's, or evaluates them as a poor choice, pick something else and get moving.

BTW: I see no accounting, finance, risk management or business law classes in the curriculum posted above. There's no excuse for those omissions.

Fern

 

[Ns1]

BTW: I see no accounting, finance, risk management or business law classes in the curriculum posted above. There's no excuse for those omissions.

The intro text says

We build on the base of business knowledge students have acquired in their prior Business School courses by focusing on the pre-start-up, start-up and early growth stages of new ventures. Students will learn how to gather the resources necessary to start and grow an entrepreneurial company

 

[Fern]

Ah, OK.

Tx

Fern

 

[Hugo Drax]

here's the curriculum for a maters in entrepreneurship from my alma mater

The MSEI can be completed in one year on a full-time basis or over two years on a part-time basis. Many classes are offered at night to accommodate the needs of working professionals, with some courses available during the day.

REQUIRED COURSES
BAEP-549 The Entrepreneurial Journey 2
BAEP-563 Corporate Entrepreneurship 3
BAEP-552 Cases in Feasibility Analysis or
BAEP-554 Venture Initiation 3
MKT-525 Consumer Behavior 3
MOR-554 Leading Innovation and Change 3

ELECTIVE COURSES UNITS
Select 9 units from the following:
BAEP-553 Cases in New Venture Management 3
BAEP-557 Technology Commercialization 3
BAEP-558 The Entrepreneurial Advisor: Problem Solving for Early-Stage Companies 3
BAEP-559 Investing in New Ventures 3
BAEP-591 Social Entrepreneurship 3
DSO-547 Designing Spreadsheet Based Models 3
ISE-545 Technology Development and Implementation 3
ISE-555 Invention and Technology Development 3
MKT-528 Sales Management: The Art and Science of Sales 3
MKT-530 New Product Development 3
MOR-565 Alliances and Corporate Strategy 3
MOR-567 Interpersonal Influence and Power 3
MOR-570 Leading Effective Teams 3

All that shit sounds like stuff you can learn for free on your own time, despite the fancy labels they attach to the courses.

 

[WhoBeDaPlaya]

It's a general graduate degree. The "rumor" is that the graduate degree is the new undergraduate degree. And the marketing machine for the MBA is probably the most hardcore next to law school: this one gets you 6-figure jobs out of school, apparently.

MS became the new BS awhile back. That's partially why I decided to tough it out for a doctorate.

 

[Hugo Drax]

I don't think the guy has a clue.

1st upon graduation he should have been exploring, evaluating and then opening his new business. I see no evidence of that.

2nd he can't find a job? Make one. Nothing wrong with being a deli clerk. He should use that to open his own deli place. Learn how to cost-out sandwiches. Meet suppliers. Learn the local market. E.g., what are the top sellers? What is the breakdown between carryout and sit down? What should rent be?

Get successful and perhaps sell franchises.

If he's not interested in deli's, or evaluates them as a poor choice, pick something else and get moving.

BTW: I see no accounting, finance, risk management or business law classes in the curriculum posted above. There's no excuse for those omissions.

Fern

Yeah but for #2 you don't need to spend 150k getting that degree. You spend your time working S a deli clerk. Save every penny you can get, learn the buisness and what's involved and the. You start your own deli.

People like Dave Thomas did not go to college to learn how to be an entrepreneur. He worked hard in the industry, learned and went to start his own. Burger chain.

 

[Ns1]

All that shit sounds like stuff you can learn for free on your own time, despite the fancy labels they attach to the courses.

You most certainly can, which is why the curriculum in practice focuses on soft skills like working with others, public speaking, and hustling (fka networking).

 

[Carson Dyle]

Does this guy not know what "entrepreneurship" means, or don't I?

One of the most overused words in our pop vocabulary.

I constantly hear the term used to describe anyone who starts a business, no matter how established that particular type of business. Often used by people to pat themselves on the back, as if they were some kind of visionary. I once heard a guy who had just opened a soft-serve ice cream stand call himself an "entrepeneur". Yeah, sure.