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Message
1
Posted on 1/24/17 at 1:48 am to barry
quote:
Woah woah woah. Lets not go throwing Texas A&M with a couple top 25 programs in UT and Rice.
Da frick?
A&M's public MBA program is ranked anywhere from 4th-12th by Bloomberg, Forbes, US News and Financial Times.
The executive MBA program was rated 1st in Texas and 1st in graduate salaries for 2015 in Texas.
This post was edited on 1/24/17 at 1:49 am
Posted on 1/24/17 at 2:56 am to texag7
To some degree, where matters as much as what-- you get a top flight MBA or JD, and you'll be in great shape-- if it is a super qualifier (think Engineers with MBAs, or hard science folks with MBAs) it can be dynamite.
Where it falls down, though, is in the diploma mills and as the top line qualifier. There are hordes of MBAs out there. If the paired undergrad is something like Business, or Education, or similar placeholder degrees, it isn't much of an advantage.
The WSJ did a piece about three years ago that showed that returns on MBA's were in decline; since then, the numbers have only grown worse- more than a million students are currently in MBA programs, and we're now on pace to have 200,000 MBAs yearly; about a quarter of all masters degrees awarded now are MBA's, and that continues to grow-- even into the early 90s, the totals were less than half that many, and the share of master's degrees issued was about half what it is now.
Like anything else, an MBA can be a great launching pad- particularly for hard working folks. It is following the explosion of law degrees, though, in terms of being a smaller return than it used to be.
To be fair, it still outpaces humanities degrees easily; getting a first job or a job you are overqualified for, sure. It being a bank breaker-- well, you'll likely end up disappointed.
Where it falls down, though, is in the diploma mills and as the top line qualifier. There are hordes of MBAs out there. If the paired undergrad is something like Business, or Education, or similar placeholder degrees, it isn't much of an advantage.
The WSJ did a piece about three years ago that showed that returns on MBA's were in decline; since then, the numbers have only grown worse- more than a million students are currently in MBA programs, and we're now on pace to have 200,000 MBAs yearly; about a quarter of all masters degrees awarded now are MBA's, and that continues to grow-- even into the early 90s, the totals were less than half that many, and the share of master's degrees issued was about half what it is now.
Like anything else, an MBA can be a great launching pad- particularly for hard working folks. It is following the explosion of law degrees, though, in terms of being a smaller return than it used to be.
To be fair, it still outpaces humanities degrees easily; getting a first job or a job you are overqualified for, sure. It being a bank breaker-- well, you'll likely end up disappointed.
This post was edited on 1/24/17 at 3:00 am
Posted on 1/24/17 at 5:17 am to texag7
quote:
A&M's public MBA program is ranked anywhere from 4th-12th by Bloomberg, Forbes, US News and Financial Times.
Lolz, try again....
quote:
The executive MBA program was rated 1st in Texas and 1st in graduate salaries for 2015 in Texas.
Nice cherry picked statistics. FYI, exec MBA is nota real MBA.
Posted on 1/24/17 at 5:57 am to tylerlsu2008
I'm currently getting a PMBA and it means nothing more for me than promotion "points" once I'm Captain or Major promotable 
Posted on 1/24/17 at 7:33 am to AbuTheMonkey
quote:
AbuTheMonkey
Thanks! I want to go into IB. I'm applying to some of the BB internship programs they offer to veterans this summer.
quote:
lynxcat
I got in to Tuck R1, waitlisted at Kellogg. Awaiting results at Fuqua, McCombs, Anderson.
Posted on 1/24/17 at 8:09 am to texag7
Mays is a good program but you just cherry picked to try to make it sound great.
Posted on 1/24/17 at 8:13 am to Azazello
If you got into Tuck then our should get into the four you are waiting to hear from.
Tuck is known for having the most unique culture of any of the top schools since it is so small and removed. You won't be able to go wrong with that list - congrats and good luck!
Tuck is known for having the most unique culture of any of the top schools since it is so small and removed. You won't be able to go wrong with that list - congrats and good luck!
Posted on 1/24/17 at 8:14 am to RogerTheShrubber
quote:
My older brother is a CPA with an MBA, he's had a great career. I don't think he gives a rats arse about the perceived prestige
I wonder if he believes the MBA had a measurable positive impact on his career?
Posted on 1/24/17 at 8:36 am to Azazello
Go to Tuck. Fuqua, McCombs, and Anderson are all significant steps down in reputation and prestige.
Not to mention, its been routinely said Tuck has one of the best alum networks (in regards for alums being close knit / going to bat for you).
Not to mention, its been routinely said Tuck has one of the best alum networks (in regards for alums being close knit / going to bat for you).
Posted on 1/24/17 at 9:11 am to TDcline
MBA isn't even in the same ballpark as a Law Degree
Posted on 1/24/17 at 10:03 am to HoustonTyger
quote:
Just out of curiosity, did you go to a top 25? Do you think it was worth it?
Yes, and so far, yes, definitely. If you get into a top ten school, I think it's a no brainer to go, but that's just my opinion.
Posted on 1/24/17 at 10:05 am to TDcline
just another box checked off
Posted on 1/24/17 at 10:16 am to AbuTheMonkey
Top 20 MBA program is the best educational debt you can take on, blows away any law school or med school. Just the job opportunities you have access to all over the world if you want.
Posted on 1/24/17 at 10:25 am to slackster
quote:
I wonder if he believes the MBA had a measurable positive impact on his career
Undoubtedly.
Posted on 1/24/17 at 1:01 pm to lynxcat
quote:
Mays is a good program but you just cherry picked to try to make it sound great.
LINK
FULL TIME MBA
1st in the U.S. for value - Financial Times
4th U.S. Public - Bloomberg
8th U.S. Public - Financial Times
9th U.S. Public - US News
9th U.S. Public - Forbes
Posted on 1/24/17 at 1:11 pm to tylerlsu2008
quote:
Lolz, try again....
Excellent rebuttal with link.
Posted on 1/24/17 at 1:35 pm to Azazello
Azazello, that's an impressive list of schools. I've only applied to SMU and have been accepted for the Fall of this year. I'm retaking the GMAT in February and if I can raise my score a little more, I'll consider holding off until the Fall of 2018. You mind me asking what you scored?
Posted on 1/24/17 at 1:49 pm to tigertyler
quote:you engineers are a delusional bunch
As an engineering student I would say Law school is slightly above engineering, and both are way above an MBA.
Posted on 1/24/17 at 2:43 pm to Azazello
quote:
I got in to Tuck R1, waitlisted at Kellogg. Awaiting results at Fuqua, McCombs, Anderson.
If you don't get off the wait list at Kellogg, Tuck and Fuqua are both good options. Can't go wrong with either of those. It'd have to be a pretty generous financial package for me to consider Anderson and McCombs over those two, to be perfectly honest - especially considering cost of living in LA and Austin.
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