Reply to Is an MBA a status symbol to middle class (and lower UMC) parents?

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[quote=Anonymous]An MBA is a big deal for LC/MC families. Yes, even one from a big state school. These programs can allow for people to become eligible for roles at financial institutions that they wouldn’t otherwise be able fill. Where I work, at a large financial institution, top management positions require a masters degree.

An MBA shows a certain level of work ethic and a dedication to the field. I’m sure these kids did put a lot of effort into the programs and they should be proud of themselves. Just because someone isn’t attending Harvard business school doesn’t mean that they won’t be very successful and be able to further their careers in a meaningful way.

I think some posters are comparing these kids’ lives with their own where they have family members who went to very elite schools, this is not necessary for success and a masters degree in general is a big deal for families where people don’t get professional degrees. It’s a huge accomplishment and, especially in finance, and MBA can allow them to make a lot more money than likely their parents ever did.[/quote]

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