Seems like everyone’s upper middle class adult kids have an MBA?

[Anonymous]

Ewww not sure I would admit my kid had an MBA.

[Anonymous]

Anonymous wrote:Ewww not sure I would admit my kid had an MBA.

wow. ignorant much? Do you even know what it takes to get an MBA? There are a lot of good books on it

[Anonymous]

Anonymous wrote:Ewww not sure I would admit my kid had an MBA.

The CEO of Google/Alphabet has one.

[Anonymous]

Anonymous wrote:Ewww not sure I would admit my kid had an MBA.

But proud of your kid's tattoos, nose ring, and trips to the....

[Anonymous]

I'm sure it was just small talk

[Anonymous]

Anonymous wrote:We are the same age as the people who attended your event, and wow it must’ve been one boring event. We never talk about stuff like that with our friends. It never comes up. What kind of event was it?

Not uncommon to drop credential highlights I guess but I just couldn’t believe how many parents said their millennial adult kids plural had MBAs. Seemed almost like an UMC striver bandwagon template they were all following and had to share to signal…..something. They shared it as if to imply they wanted everyone to know their kids had “it.” I guess what “it” signals is a little over my head. Maybe they just want everyone to know all of their kids have ADVANCED degrees?

[Anonymous]

Anonymous wrote:

Anonymous wrote:We are the same age as the people who attended your event, and wow it must’ve been one boring event. We never talk about stuff like that with our friends. It never comes up. What kind of event was it?

Not uncommon to drop credential highlights I guess but I just couldn’t believe how many parents said their millennial adult kids plural had MBAs. Seemed almost like an UMC striver bandwagon template they were all following and had to share to signal…..something. They shared it as if to imply they wanted everyone to know their kids had “it.” I guess what “it” signals is a little over my head. Maybe they just want everyone to know all of their kids have ADVANCED degrees?

MBA is not an advanced degree. PhD, MD, and JD are. A masters degree is not advanced though.

[Anonymous]

Anonymous wrote:It's the new law degree. Just as expensive but half as useful

My FIL has a Harvard MBA was recruited before he finished program and retired at 45. He and his wife agreed that they weren’t going to hold on to all their money and have us wait until they die so they have been very generous.

I know lawyers right out of law school making $30,000 per year being taken advantage of by older lawyers who know the job market is flooded with attorneys. Law schools take too many students so you have a glut of lawyers who graduated in the bottom 50%.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:We are the same age as the people who attended your event, and wow it must’ve been one boring event. We never talk about stuff like that with our friends. It never comes up. What kind of event was it?

Not uncommon to drop credential highlights I guess but I just couldn’t believe how many parents said their millennial adult kids plural had MBAs. Seemed almost like an UMC striver bandwagon template they were all following and had to share to signal…..something. They shared it as if to imply they wanted everyone to know their kids had “it.” I guess what “it” signals is a little over my head. Maybe they just want everyone to know all of their kids have ADVANCED degrees?

MBA is not an advanced degree. PhD, MD, and JD are. A masters degree is not advanced though.

Okay, die on that hill, but the value of those advanced degrees will be subject to the whims of the MBAs nonetheless.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I decided not to get one. I didn’t see the ROI happening.

Most of those are paid by employers, eitheru fully or a significant portion.

Not sure. Many places (top banks) no longer pay for them, I just learned.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I decided not to get one. I didn’t see the ROI happening.

Most of those are paid by employers, eitheru fully or a significant portion.

Not sure. Many places (top banks) no longer pay for them, I just learned.

MBA works better for MC management consulting--typically, not necessary for IB.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Ewww not sure I would admit my kid had an MBA.

wow. ignorant much? Do you even know what it takes to get an MBA? There are a lot of good books on it

Yes, I knew some MBA student while I was working on my PhD in computer engineering.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I decided not to get one. I didn’t see the ROI happening.

Most of those are paid by employers, either fully or a significant portion.

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.

Yes, this happens. My employer has since changed their program, but when they paid for my MS in 2010, there was no tuition limit. My total cost was close to $70k over two years, and they never batted an eye.

Is this common? Are you describing 100% tuition WHILE you continue to work full-time ie an online or executive night/weekend MBA program?

EMBA's. We continued to work. I worked for Otis at the time, and you can look up the details of their (UTC's) program.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I decided not to get one. I didn’t see the ROI happening.

Most of those are paid by employers, either fully or a significant portion.

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.

Yes, this happens. My employer has since changed their program, but when they paid for my MS in 2010, there was no tuition limit. My total cost was close to $70k over two years, and they never batted an eye.

Is this common? Are you describing 100% tuition WHILE you continue to work full-time ie an online or executive night/weekend MBA program?

EMBA's. We continued to work. I worked for Otis at the time, and you can look up the details of their (UTC's) program.

Edited to add, since the headquarters is in Farmington, we had access to New England MBA programs that would have otherwise been out of reach for whatever reason.

[Anonymous]

MBA? Meh
NBA? Now that’d be more interesting