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-   -   To MBA or not to MBA? (http://forums.pelicanparts.com/off-topic-discussions/265037-mba-not-mba.html)

jyl 02-07-2006 01:55 PM

I didn't know LBS was that expensive. Wow. Well, it is a damn good school.

Don't forget that the NPV analysis turns into a garbage in garbage out exercise if you're going into a career with volatile earnings, such as the capital markets, where income can swing +100% to -50% each year. In the end, I don't think you should base your decision on such an imprecise analysis.

Also consider an evening MBA, instead of a traditional 2-year fulltime program. At Haas, the evening students were higher-caliber than the full-time students and, if anything, more highly valued by recruiters. They were more mature, had more and continuing work experience, were demonstrating intense time management skills and work ethic, and were more focused.

Something else to think about: you could do evening for the first part of the MBA program, get the basic courses out of the way, then switch to full-time for the second part to get a wider selection of electives and be able work full-time on recruiting. This would greatly reduce the opportunity cost.

Dennis Kalma 02-07-2006 04:42 PM

Mr. Beau,

Short answer is that I actually don't give a rip what colour, creed, height, orientation, education, designation or appearance the person has...if they satisfy ACE then I hire them....and ACE for all you who wonder...stands for Attitude, Competency, Enthusiasm....and I can teach competency whilst I cannot teach the other two. All I really care about is can they do the job, will they bring some energy to the party, can they get along well enough to not damage the rest of the department and do they WANT to do a good job.

Just the track record with MBA's is crappy, so I tend not to go back to areas where I have had poor experience unless I have to.

And, I'd add, that if an employer narrowly uses specific degrees or even is very narrow minded about the marks everyone got, then one has to ask whether they'd actually be any good to work for....


Dennis

BlueSkyJaunte 02-07-2006 05:39 PM

Quote:

And, I'd add, that if an employer narrowly uses specific degrees or even is very narrow minded about the marks everyone got, then one has to ask whether they'd actually be any good to work for....
Quote:

Presumably he went and got that MBA precisely because he wanted to get out of the "technical" pigeonhole (and out of departments like yours).
Quote:

Maybe your department sucks. Hahahahah
LOL, thanks guys, I needed a laugh at the end of the day...:D

RoninLB 02-07-2006 05:39 PM

Quote:

Originally posted by Dennis Kalma

Just the track record with MBA's is crappy, so I tend not to go back to areas where I have had poor experience unless I have to.

I have limited eyes afa figuring MBAs outside of NYC. So I just want to add my end.

Generating income for wall St firms is the game around here. It's a game where where accountants are outliers. They more or less try to avert jail time. And different groups connect for efficiency, it's called group dynamics. Firms where the Irish influence policy are/were the best to work for afa $action.

Local school may have real world class pro's teaching for various reasons. Maybe he wants to search out an idea and feed it as a required student paper. Maybe he wanted to work his self group leader demeanor. Or maybe feeding his fans action "tips" on how to make some fast tuition money gets him off. The laugh was where students came back to some teachers class just to hang and get "tips". For sure most text was something you needed to past testing. Sometimes very interesting subjects would have priority over everything.

New grads got a drift that they have 6-8yrs to score big. Check out info on wall street's last recent bonuses. It affected sales at the expensive car dealers, Tiffany's, jewlery shops, real estate, etc. If not it'll turn into a pretty hum drum experience.

btw.. B average grads had a rep for being more productive than A grads.

go figure :D

andrew15 02-07-2006 07:38 PM

Mediocre
But
Arrogant

:)

BlueSkyJaunte 02-07-2006 08:16 PM

LOL!

snowman 02-07-2006 08:28 PM

Education is the Quick road to sucess in most fields. At least until the Masters level. After that I think its mostly based on your performance and who you know. Your performance will put you on the hire list. Who you know will put you in the best jobs available. Unfortunately its still a bit of an old boys club. You went to Harvard, the guy thats hiring went to Harvard, it helps, and it helps a LOT. Didn't do to Harvad, get to know someone that did and that you can use for a referance. Get to know the guys running things, eg the CEO, the investors or the people who will most likely become one of these people. Put another way, a janitor cannot hire you to become the CEO of a company. Get to know and be appreciated by the people that can hire you. Its a real cool feeling knowing that you can write a business plan and have someone pony up millions of bucks to make it happen, why, because they know and trust your judgement. If you do go for the MBA, go to the school that is most likely to get you a job. Investors love to put Ivy league names on their investment brochures.


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