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Reply to "Is a Georgetown MBA considered prestigious?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous] Executive MBA programs ... require an intense amount of commitment, intelligence and time management. ... Traditional MBAs have the luxury of ONLY being focused on their education.[/quote] This solipsism is embarrassing. Younger full-time students are more intensely committed to their educations, and less committed to jobs, family, etc. [b]Older executive students have a higher opportunity cost of attendance,[/b] and are limited by other commitments. Executives appreciate their education more, because it is so expensive. Executive students are weaker technically, but more mature at applications. For example, I assigned a Harvard case about investing in gold. Full-time students did a good statistical analysis showing that gold had low historical returns with high risk, and was not a useful hedge. They abruptly concluded by recommending gold investments because "there is nothing else like gold!" Confused, I retorted "What about silver?" They looked at me like deer in headlights, as though I had asked a trick question. Executives would not be so flummoxed.[/quote] Unusual take on "opportunity costs" with which I disagree. Young full-time MBA students endure a much higher opportunity cost to attend an MBA program than do EMBA students. EMBA students continue to work full-time while enrolled in an EMBA program and are being groomed for promotion. Young full-time MBA students sacrifice almost 2 years of earnings and are not eligible for promotion during their time in the MBA program because they are not working.[/quote]
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