Seems like everyone’s upper middle class adult kids have an MBA?
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Anonymous
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We were at a large event this weekend largely filled with upper middle class parents in their 50s and 60s, so most of our kids are mid 20s to late 30s.
It felt like we were at an MBA parent convention the number of times people dropped what MBA program kid one just finished and kid two finished a few years ago. Premier universities mostly, but premier or not, the MBA was mentioned whenever anyone was giving a brief bio of their adult kids. Parents with three or four kids, multiple kids would have MBAs. Of course it’s an accomplishment but does it warrant highlighting? Maybe I’m missing what this supposedly signals. I thought if you do mention credentials it ought to be medical school or medical residency or fellowship or maybe a top level school or clerkship. I guess I don’t understand what’s fueling this saturation. |
Anonymous
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It’s a check mark for a lot of employers, and there are a lot of new programs aimed at working professionals. It’s still only a big deal if you went to Stanford, Wharton etc.
- MBA from a third-tier program |
Anonymous
| I have a MBA from UMD. I only got it bc my stepmom(who has one from an even lower ranked school), wouldn't stop pestering me about it. |
Anonymous
Nobody detailed how their kid earned it. Is it online MBA programs fueling this or most of these UMC adult kids took two years off from their careers? I knew MBAs were popular but I didn’t realize they were THAT popular and saturated. The universities mentioned most frequently were Maryland, Georgetown, Duke, NYU, and some Ivy League colleges. Nobody said Harvard, which I believe is the most premier right. It almost seemed like the parents wanted to go out of their way to underscore that their kids didn’t just have a bachelor’s. |
Anonymous
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Chicago schools at the top of the list. U Chicago (Booth) and Northwestern (Kellogg):
https://www.usnews.com/best-graduate-schools/top-business-schools/mba-rankings |
Anonymous
Nobody actually believes that. Harvard, Wharton, and Stanford are the best. |
Anonymous
| I decided not to get one. I didn’t see the ROI happening. |
Anonymous
| No different than them mentioning their AAU team 10 years ago. |
Anonymous
Are the nobody in the room with us, because I believe it. |
Anonymous
Most of those are paid by employers, either fully or a significant portion. |
Anonymous
| Stanford GSB seems most sought after these days but HBS and Wharton are right there. The Chicago schools are great too but would be just after that group of 3. It would probably take some $$ or a regional reason to pick one of the Chicago schools over the other 3 (it happens but isn't common). |
Anonymous
Please use your own judgement and do not just follow USNWR. Anyone who thinks rankings actually change year to year based on what USNWR publishes is a fool. |
Anonymous
| It's the new law degree. Just as expensive but half as useful |
Anonymous
Quicker and often a lot of online classes? |
Anonymous
How does it work if it’s fully paid for? These young professionals have really generous tuition reimbursement? I’ve never used it but I think my tuition reimbursement at work is only $5K a year. Or maybe it’s $10K. But certainly nowhere near enough for a program that costs $50K or more per year. I work for a Fortune 500 company. |