Is a MBA worth the time and money?

[michaels]

Does the degree usually turn results for ones career regardless of the career?

 

[KLin]

Ask this guy.

 

[Vette73]

depends on what you want to do.

I know someone that has one but makes only maybe 5% more then my wife, BS degree only, and that is working at Exxon right now.


Yea that can pay off, but in her case it has just meant more work for very little more pay. If you take the extra hours she works, she probable makes less per hour then the people she is in charge of.


MBA by itself, NO.
MBA with a idea on what you want or a job that requires it then Yea,

 

[michaels]

lol

Well i was looking at the MBA degree and I have some of the requirments for core classes and it doesn't look too bad, i'm thinking of it.

 

[madeupfacts]

why would you want a masters in butt assasination?

 

[Taggart]

Get the MBA if you have a reason for getting it. This can include starting a business or moving into management in a company.

Do NOT get an MBA just to get one. Then it is fairly worthless.

 

[mb]

I'm getting my MBA because I need 150 credit hours to become a CPA. For me, it was either double major or get an MBA.

 

[michaels]

Well I want to move up in higher industrial management.

 

[RichardE]

If you are going into engineering, get it I hear.

 

[ponyo]

Originally posted by: Taggart
Get the MBA if you have a reason for getting it. This can include starting a business or moving into management in a company.

Do NOT get an MBA just to get one. Then it is fairly worthless.

Why do you need a MBA for starting a business? You think they actually teach you useful thing about starting or running a business? lol.

 

[aswedc]

Wow, no one has said it depends on how the school is ranked yet?

 

[koloastreet]

from all the managers ive spoken to in the defense industry, MBA matter only if its in finance and from one of the top 10 schools.

 

[ottothecow]

it matters on how the school is ranked

 

[gotsmack]

It is worth the time and money only if its ranked. It doen't really turn your career around unless you were one of the people who are on the way up.

An MBA is more of a prerequisite for some positions.

 

[AgaBoogaBoo]

Originally posted by: Naustica

Originally posted by: Taggart
Get the MBA if you have a reason for getting it. This can include starting a business or moving into management in a company.

Do NOT get an MBA just to get one. Then it is fairly worthless.

Why do you need a MBA for starting a business? You think they actually teach you useful thing about starting or running a business? lol.

I'm sure there must be something you can gain by taking it, it may not necessarily teach you how to start a business better but possibly give you a stronger skillset to work with.

 

[AgaBoogaBoo]

Originally posted by: koloastreet
from all the managers ive spoken to in the defense industry, MBA matter only if its in finance and from one of the top 10 schools.

Even a lot of people in the IT area benefit from an MBA, I know of one specifically who reports directly to the CIO of a large company that worked on one while working.

 

[rockyct]

I'll be graduating with an EE degree in one year, but my school ( Cal Poly San Luis Obispo) has an MBA program for engineers. I've been considering it, but I still don't know if it's really worth it either.

 

[LegendKiller]

Originally posted by: koloastreet
from all the managers ive spoken to in the defense industry, MBA matter only if its in finance and from one of the top 10 schools.

I don't have one from a top 10 school (Not even top 30), I have 4 years of experience, and I work in treasury at a fortune 100 company right next to Duke MBAs. Although mine was in finance. MBAs get you noticed, your brains get you fed.

 

[chusteczka]

Is a MBA worth the time and money?

Not if the basics have yet to be mastered.

 

[vegetation]

It all depends on your background. If you have a technical degree, an MBA can be very valuable because it teaches you business and strategy concepts that you never formally learned. That's valuable to an employer from a managerial aspect. The school doesn't even have to be a top ranked one.

On the other hand, if you have already had a BBA or some other equivalent, and thus no technical skills outside of the typical core of business subjects then an MBA wouldn't offer you much unless it was one of the top ranked schools.

If you want to start a (real) business, but have no formal business background, you do not need an MBA. Rather, just take a few accounting and econ classes at a community college and buy a subscription to the WSJ.

 

[Jeff7]

What exactly is an MBA? Or a BBA for that matter.

I am aware of Associate's degrees, Bachelor's, Master's, and Ph.D's.

 

[Taggart]

Originally posted by: Jeff7
What exactly is an MBA? Or a BBA for that matter.

I am aware of Associate's degrees, Bachelor's, Master's, and Ph.D's.

MBA = Masters of Business Administration
BBA = Bachelors of Biz Admin

 

[koloastreet]

your one of those hidden jewels. its like some of the software engineers who i work with who went to some small unknown college in the boonies, yet end up out smarting all the senior level folks.

Originally posted by: LegendKiller

Originally posted by: koloastreet
from all the managers ive spoken to in the defense industry, MBA matter only if its in finance and from one of the top 10 schools.

I don't have one from a top 10 school (Not even top 30), I have 4 years of experience, and I work in treasury at a fortune 100 company right next to Duke MBAs. Although mine was in finance. MBAs get you noticed, your brains get you fed.

 

[Kyanzes]

OP: If you want everything from life it can offer you better be a genius or... simply get to know people, form relationships, be an opportunist, and be ready to return the favor. Know people.

 

[Hyudra]

those MBAs from NYU are like 100k+ too