Is an MBA really worth having? Not according to this.

[StageLeft]

Yowsers

 

[pyonir]

that's why you need it in a specific field.

MBA in: global management, healthcare management, marketing, accounting etc.

 

[Gulzakar]

No, thats why you don't pay an outrageous fortune for a "reputable" school...

 

[StageLeft]

Originally posted by: Gulzakar
No, thats why you don't pay an outrageous fortune for a "reputable" school...

So pay $50k for one from a non refutable school? THen it would seem to me to be even more useless!

 

[pyonir]

according to the ASU website...it looks like an MBA from there would be about 30k. that is a pretty good school too.

 

[StageLeft]

Originally posted by: pyonir
according to the ASU website...it looks like an MBA from there would be about 30k. that is a pretty good school too.

But also the money missed by not working (assuming you have a job). Thing is why evenspend $20k if it's no good according to this? Is this article way off base?

 

[pyonir]

some schools allow you to work while you earn the degree.

 

[spidey07]

I've been hearing alot about his lately. That an MBA isn't worth what it used to be and experience is key.

 

[Davegod75]

Muhaha......that's why you work at a company where they will pay for it !!!!!!!! only 6 month obligation also.


hehe....

I'll be getting several masters degrees for free btw

 

[pyonir]

if i actually wanted to continue working where i already do, i could get as many MBA's in different fields as i like, and as of right now a doctorate. all for free.

 

[Parrotheader]

Well not to offend anyone because I'm sure there are probably plenty of people with MBAs out there who have incredible skills in their area. But I have a hard time getting almost every MBA I work with or know to tell me EXACTLY what it is that they do or that they were trained to do. Every single one of them just tap dances around without really saying anything. Coupling those descriptions along with the personality types of a lot of these people, the best I can come up with is that it's a masters in BS. And I hear other non-MBA professionals say the same thing all the time. Maybe corporations are catching on and want to hire people with more specific skill sets?

Now I personally subscribe to the belief that it's better to have a broad range of skills than to be SO tightly defined in your training and duties that you're basically limited to one thing. So from that standpoint I understand the MBA approach on things. But at the same time, it seems that a lot of their training is SO broad that sometimes it's to the point of being useless. And with so many people going back to get their MBAs now, it simply doesn't carry the punch it used to. Like I said, I'm honestly not trying to dog MBAs, that's just my observations from my perspective.

 

[cchen]

Obivously if you don't get any internships or work experience while you're still in school it's your own fault if you don't get a job. I'm just gonna be a freshman in college but I already have 3 years of experience doing real work. I havne't had any problems finding jobs.

 

[pyonir]

Originally posted by: Parrotheader
Well not to offend anyone because I'm sure there are probably plenty of people with MBAs out there who have incredible skills in their area. But I have a hard time getting almost every MBA I work with or know to tell me EXACTLY what it is that they do or that they were trained to do. Every single one of them just tap dances around without really saying anything. Coupling those descriptions along with the personality types of a lot of these people, the best I can come up with is that it's a masters in BS. And I hear other non-MBA professionals say the same thing all the time. Maybe corporations are catching on and want to hire people with more specific skill sets?

Now I personally subscribe to the belief that it's better to have a broad range of skills than to be SO tightly defined in your training and duties that you're basically limited to one thing. So from that standpoint I understand the MBA approach on things. But at the same time, it seems that a lot of their training is SO broad that sometimes it's to the point of being useless. And with so many people going back to get their MBAs now, it simply doesn't carry the punch it used to. Like I said, I'm honestly trying to dog MBAs, that's just my observations from my perspective.

what about in a specific field...say you are looking for an accountant. and he has an MBA in accounting.

 

[PlatinumGold]

Well not to offend anyone because I'm sure there are probably plenty of people with MBAs out there who have incredible skills in their area. But I have a hard time getting almost every MBA I work with or know to tell me EXACTLY what it is that they do or that they were trained to do. Every single one of them just tap dances around without really saying anything. Coupling those descriptions along with the personality types of a lot of these people, the best I can come up with is that it's a masters in BS. And I hear other non-MBA professionals say the same thing all the time. Maybe corporations are catching on and want to hire people with more specific skill sets?

Now I personally subscribe to the belief that it's better to have a broad range of skills than to be SO tightly defined in your training and duties that you're basically limited to one thing. So from that standpoint I understand the MBA approach on things. But at the same time, it seems that a lot of their training is SO broad that sometimes it's to the point of being useless. And with so many people going back to get their MBAs now, it simply doesn't carry the punch it used to. Like I said, I'm honestly trying to dog MBAs, that's just my observations from my perspective.

In general, MBA is more about human "networking" then about learning skills. The only mba programs even worth considering are Princeton, Harvard, Yale and MB U Penn. after that your not going to get any real credit for having an MBA.

If you have 10 years or so in the field as an engineer or something specific it's not a bad idea to get an mba.

 

[AmigaMan]

Well that article be damned, I'm still getting an MBA after a couple more years of on the job experience. I don't want to program all my life, I want to become a pointy-haired boss one day. And I figure getting an MBA might just give me a leg up on other people who aspire to be managerial-types.

 

[Angrymarshmello]

That was a really good read...makes me think twice about going to grad school

 

[gotsmack]

Originally posted by: PlatinumGold

Well not to offend anyone because I'm sure there are probably plenty of people with MBAs out there who have incredible skills in their area. But I have a hard time getting almost every MBA I work with or know to tell me EXACTLY what it is that they do or that they were trained to do. Every single one of them just tap dances around without really saying anything. Coupling those descriptions along with the personality types of a lot of these people, the best I can come up with is that it's a masters in BS. And I hear other non-MBA professionals say the same thing all the time. Maybe corporations are catching on and want to hire people with more specific skill sets?

Now I personally subscribe to the belief that it's better to have a broad range of skills than to be SO tightly defined in your training and duties that you're basically limited to one thing. So from that standpoint I understand the MBA approach on things. But at the same time, it seems that a lot of their training is SO broad that sometimes it's to the point of being useless. And with so many people going back to get their MBAs now, it simply doesn't carry the punch it used to. Like I said, I'm honestly trying to dog MBAs, that's just my observations from my perspective.

In general, MBA is more about human "networking" then about learning skills. The only mba programs even worth considering are Princeton, Harvard, Yale and MB U Penn. after that your not going to get any real credit for having an MBA.

If you have 10 years or so in the field as an engineer or something specific it's not a bad idea to get an mba.

you're leaving out a lot of top tier schools. Just listing the first four you thought of is not fair. Have you participated in every top tier MBA program? It also depends on what concentration you want for the MBA. MIT/Sloan is rated #1 for production/operations management and MIS by US News.

 

[ManSnake]

Most big enterprises I know of pay for your MBA education, if it's free, then it is worth it!

 

[BrunoPuntzJones]

what about in a specific field...say you are looking for an accountant. and he has an MBA in accounting.

Better would be an Masters of Science in accounting. I'm 3 hours shy of one and it's tons of good info compared to an MBA which from what I saw, was just more classes. Woopty do. The MSA ones are heavily focused on concepts covered on the CPA exam. Have to have 150 hours to sit for the exam, so might as well get a masters and take classes that will help you pass it.

 

[SP33Demon]

I second Amigaman! don't want to program all my life ahhhhh

 

[OJ]

My company pays for our education, they paid for two of my undergrad degrees, the only problem is they have determined from IRS rules that graduate work reimbursement is taxable income!!!!!!!!!

 

[Ramsnake]

one big advantage of doing an MBA , is the friendhips and the contacts you make, they will be of use to you for life. go to harvard, princeton or yale and u'll see your self along with future leaders, even if u dont turn into one, no point in avoiding the MBA you'll never know when a friend from business school can be of great help to u.