Is a MBA still worth getting?

[BrutalBoy]

Since everyone now has a Bachelors, will getting a MBA separate you from everyone else when looking for a job/ getting a promotion?

What about if you have two bachelors+a MBA

 

[blink_man182]

I have a double major undergraduate degree as well as a graduate diploma. I think MBA's are still worth it. But not necessary all the time when getting a job. One of the more interesting things is the ever growing number of employers that are promoting within and their succession management programs. A lot of these newer up to date, industry leading work places will pay for a bright up and comer to get their masters while continuing to work for them.

 

[Lead]

Depends what major you are. For accounting, I have heard a CPA trumps an MBA. I couldn't tell you what is true with other business majors

 

[BrutalBoy]

Depends what major you are. For accounting, I have heard a CPA trumps an MBA. I couldn't tell you what is true with other business majors

Accounting+Marketing

Im in the process on taking the CPAs

although if I do take the MBA, it'd look ridiculous on a resume

 

[Lead]

I have a double major undergraduate degree as well as a graduate diploma. I think MBA's are still worth it. But not necessary all the time when getting a job. One of the more interesting things is the ever growing number of employers that are promoting within and their succession management programs. A lot of these newer up to date, industry leading work places will pay for a bright up and comer to get their masters while continuing to work for them.

This can be true also. A lot of times, if your work really wants you to get an MBA, they will help pay it for you. Same is true for a CPA.

 

[Lead]

Accounting+Marketing

Im in the process on taking the CPAs

although if I do take the MBA, it'd look ridiculous on a resume

Interesting mix. Are you interested in public accounting? Once you reach partner level, a lot of your job can become marketing the firm and gaining new clients. That actually is a good double major if you are thinking of that route.

 

[BrutalBoy]

Interesting mix. Are you interested in public accounting? Once you reach partner level, a lot of your job can become marketing the firm and gaining new clients. That actually is a good double major if you are thinking of that route.

Right now, I work for a liquor distributor(marketing department). Im still looking for an accounting job, either as an intern or entry level).

 

[A13KS]

I was going to make a thread on this earlier, but never pulled the trigger. The company I work offers to reimburse you 85% of your tuition costs if you go for a MBA. Aaaaand San Jose State offers a 1.5 year long MBA program for full time working peoples. I;m interested, but I just graduated in May and I have no desire to return to school within a year. That and I have about 20k in loans to pay off :icon_chee

 

[Satsui Ryu]

Outside of top 5 schools not really. But if you get the hookup on tuition reimbursement from your work then it might be something with looking into.

 

[Lead]

Right now, I work for a liquor distributor(marketing department). Im still looking for an accounting job, either as an intern or entry level).

It depends on what you enjoy but like I said, public accounting opens a lot of opportunities in the future. The longer you stay, the better salary you can get in a corporate job after. Pay as a partner is good too, especially if you can help grow the firm with more clients.

Did you pass any of the CPA exam yet?

 

[Bukowski82]

Since everyone now has a Bachelors, will getting a MBA separate you from everyone else when looking for a job/ getting a promotion?

What about if you have two bachelors+a MBA

Absolutely! Thinking of taking that same plunge. I just work for the govt, but from what I understand it's almost a must to have one if you want to work for a legit company in the private sector in that field.

 

[emperor]

It helps separate you, but it also costs you two years of your life and $50k or so of your money. You don't learn anything that you wouldn't learn on the job anyway, and you're no smarter than anyone else when you do enter the workforce. At a lot of jobs, MBAs get a bad reputation for thinking they're above doing grunt work or serving in a low-level position.

If you're expecting anything other than three letters to add to your resume to help set you apart, you're way off. But if you really need something to help your resume and have a couple years to blow, you could do worse.

 

[Lead]

It helps separate you, but it also costs you two years of your life and $50k or so of your money. You don't learn anything that you wouldn't learn on the job anyway, and you're no smarter than anyone else when you do enter the workforce. At a lot of jobs, MBAs get a bad reputation for thinking they're above doing grunt work or serving in a low-level position.

If you're expecting anything other than three letters to add to your resume to help set you apart, you're way off. But if you really need something to help your resume and have a couple years to blow, you could do worse.

I don't think he is considering taking work off during this. If he was, I wouldn't advice it. Just like with the CPA, you still usually work during it and then take night classes.

 

[PabloZed]

I think "an" MBA is very valuable. One measure is to look at job openings that require or recommend one. It opens doors and can be a substitute for actual experience. I also believe an MBA is worth more than a JD, for example, because an MBA can concentrate in accounting or marketing. A random JD right now, given the glut of lawyers, is not worth the time and expense.

 

[BIKES!]

Only get an MBA on the company's dime.

 

[MASShole]

I did it part-time for 2.5 years so I didn't lose any work experience. Friends had full reimbursement and finished in 3-3.5 years. No experience loss + free degree = win

 

[BrutalBoy]

It helps separate you, but it also costs you two years of your life and $50k or so of your money. You don't learn anything that you wouldn't learn on the job anyway, and you're no smarter than anyone else when you do enter the workforce. At a lot of jobs, MBAs get a bad reputation for thinking they're above doing grunt work or serving in a low-level position.

If you're expecting anything other than three letters to add to your resume to help set you apart, you're way off. But if you really need something to help your resume and have a couple years to blow, you could do worse.

I don't think he is considering taking work off during this. If he was, I wouldn't advice it. Just like with the CPA, you still usually work during it and then take night classes.

I will be working

 

[BrutalBoy]

I think "an" MBA is very valuable. One measure is to look at job openings that require or recommend one. It opens doors and can be a substitute for actual experience. I also believe an MBA is worth more than a JD, for example, because an MBA can concentrate in accounting or marketing. A random JD right now, given the glut of lawyers, is not worth the time and expense.

Dont some MBA programs require you to have a certain amount of professional work history?

 

[BIKES!]

Depends what major you are. For accounting, I have heard a CPA trumps an MBA. I couldn't tell you what is true with other business majors

Definately true for accounting roles and holds true much of the time for finance.

It's like this:

A CPA is a predominantly objective test that requires significant work and pre-requisites to pass. Unlike the BAR, 50% do not pass every sitting.

An MBA is fairly easy for those 3-5 years out of school with the discipline of 50 hour work week and mid level responsibilities.

I've met many MBA's from top 10 programs that were weak and I have never met a CPA that didn't pick up things ridiculously fast.

 

[MASShole]

Dont some MBA programs require you to have a certain amount of professional work history?

The average age of a part-time MBA student is 27 or 28 years old. You should have approx 5 years of work experience. It does actually help with understanding the concepts.