HBS job offers fall to five year lows — recruitment market frozen

[Anonymous]

MBAs used to be necessary to break into a solid position with a large corporation. As a PP indicated, you're better off starting your own company if you think an MBA will make you a better business manager.

As an exec, I'd be far more inclined to hire someone who has run a business, holding various roles as they move around. You don't need an accounting degree to be a CFO (it might help, but it's not necessary). The same goes for running HR, CIO, etc.... There are so many resources available to learn these jobs.

[Anonymous]

The economy is terrible, the jobs you hear gained are all trash

[Anonymous]

Top MBAs are great for someone who wants a corporate job after working in a non-business field. Career switchers. It can definitely pay off if you go from making peanuts to making bank.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Should’ve done accounting and data analytics.

Data analytics is not that great even now. In five years it'll be done by AI. You can always pay your rent with accounting and finance.

I work in tech and lol, no. That said I place no value at all on data science degrees. There’s no substitute for real world experience.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Should’ve done accounting and data analytics.

Data analytics is not that great even now. In five years it'll be done by AI. You can always pay your rent with accounting and finance.

I work in tech and lol, no. That said I place no value at all on data science degrees. There’s no substitute for real world experience.

PP poster here, I work in data analytics/tech and you're wrong (even if you LOL). AI is already doing analytics for us. When you mean tech, are you talking about using tech on your job with the tech support team?

[Anonymous]

Anonymous wrote:Top MBAs are great for someone who wants a corporate job after working in a non-business field. Career switchers. It can definitely pay off if you go from making peanuts to making bank.

This is accurate in my experience.

[Anonymous]

Anonymous wrote:Top MBAs are great for someone who wants a corporate job after working in a non-business field. Career switchers. It can definitely pay off if you go from making peanuts to making bank.

+1,000. Starting offers when I graduated from a top program (#1 or #2 depending on the year / publication), were comfortably around $150,000 plus sign on. I had one girl who previously had been a pastry chef join me at a top tier consultancy. She got paid exactly what I did, but for her it was like a $100K raise.

[Anonymous]

Does MBA still matters for consulting folks?

[Anonymous]

The recent controversy involving Harvard is shining a spotlight on what top universities are teaching their students. This is similar to what Covid-19 did for parents when their kids were doing remote learning.

[Anonymous]

If this is only a five year low, that doesn’t seem too concerning. I’d be curious how it compares to 2009-2012.

[Anonymous]

Anonymous wrote:The recent controversy involving Harvard is shining a spotlight on what top universities are teaching their students. This is similar to what Covid-19 did for parents when their kids were doing remote learning.

Harvard has taken a huge hit to its brand and prestige, no questions about it. Many more people are looking at recent grads with a skepticism we didn't before, and not only Harvard but other elite colleges too. But that aside, I still agree with previous posters who commented that a top MBA (top 10 school) is a great and quick route to solid six figure incomes. It really can leapfrog you up the corporate ladder and I know plenty of people who went for a top 10 MBA from a huge variety of backgrounds and all have done extremely well.

[Anonymous]

Anonymous wrote:The economy is terrible, the jobs you hear gained are all trash

False

[Anonymous]

Anonymous wrote:The economy is terrible, the jobs you hear gained are all trash

Are you in China? The US economy is rockin'

[Anonymous]

What are the other 27% doing that are not seeking employment? Getting an MBA for fun?

[Anonymous]

Anonymous wrote:What are the other 27% doing that are not seeking employment? Getting an MBA for fun?

Going back to previous employers who likely sponsored their MBA or starting their own company