MBAs Climb to the Top of the Most Popular Degree List
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Anonymous
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No reasonable person would go to law school and med school is a poor investment for most. |
Anonymous
| MBA's are a dime a dozen |
Anonymous
Depends on the school of course, but MBA's make up a huge % of the 1% that so many envy these days, |
Anonymous
Source? This paper shows that almost half of the nation's top earners are executives - no surprise - but it says nothing about their degrees. https://web.williams.edu/Economics/wp/BakijaColeHeimJobsIncomeGrowthTopEarners.pdf |
Anonymous
http://hbr.org/2014/03/whos-got-those-top-jobs/ar/1 http://www.washingtonpost.com/blogs/on-leadership/wp/2014/02/14/the-resume-that-makes-for-a-top-executive/ http://www.dailyillini.com/article_673ba060-17c1-5388-a0a6-d32917567c97.html |
Anonymous
| MBA here. Anyone who goes to one of the top-25 schools (for MBAs) is fairly likely to do well financially, assuming they choose a career path that enables it. In my epxerience, the ones who make the big bucks either own their own company, or run a big one i.e. not the salaried types. |
Anonymous
Agree anything through the level of UNC is solid and will get you in the door for an interview. Then it is up to you to make the difference. |
Anonymous
Even if you think a MBA is nothing special, Law and Medicine are becoming very unattractive careers, with few exceptions. |
Anonymous
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Huh. I would've guessed that it was #1 for years now. |
Anonymous
Yep. the lawyer glut is in full force - good luck finding a plum job and the prestige of being a lawyer when they hand out degrees like crackerjack prizes. And doctors have been on a slow decline to "service worker" status for years. |
Anonymous
Agree - I think there is huge variation in the paths MBAs can choose and the financial rewards that follow, from mid level management to private equity/investment banking to consulting. The top schools seem to have more people aiming for the more lucrative end of the market. Many of my classmates (from a top program) have been very successful. |
Anonymous
| I've concluded two things in recent years: 1) the MBA is the most marketable graduate degree; 2) an undergraduate business degree is worthless. Follow your passion as an undergraduate and go to the best possible business school. |
Anonymous
As an MBA and with a child who wants an MBA that was my thought too, but now I see some kids coming out of undergrad business programs getting great jobs and wondering if we need to redirect DC to consider undergrad b-school. DC is going to a college where you can apply in to the B school part way through so maybe that's the best of all worlds - so some passions and some b-school. My MBA program doesn't take anyone direct from college so getting that first job is critical so am a little worried about DC following a passion that doesn't lead to the employment required to get to the MBA. |
Anonymous
Med School is a fantastic investment as even last in medical school will get you a primary care residency somewhere in the country. The reason why med school isn't as popular is purely down to the difficulty and planning required to get in. Any college grad can walk in and take the gmat today then apply for b-school. If you didn't do the prereq pre-med courses for med school in UG, you would have to take them (which would take 2+ years), then you would have to apply for med school (which is statistically a lot harder to get into than any other professional program...i.e. Harvard Med is a lot harder to get into than HLS or HBS). If you want to go to med school, besides the very few that do post-bac pre-med, you have to have that idea from the beginning pretty much. |