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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]One-year "business" masters programs don't replace/supplant the MBA at all - grads of these programs compete with undergrads for jobs, not MBAs.  They exist for kids who struck out at OCR during college.[/quote]

[quote=Anonymous]Yup, that's for people who couldn't get a job out of college.[/quote]
[quote=Anonymous]

Let me elaborate on this paper link.  It measures the financial returns to graduate education.  Some of the results are predictable.  Medical school and law school are highest.  Anthing in health care or applied math/computers is high.  Arts and humanities masters degrees lower the value of lifetime income.  Surprisingly, engineering masters and M.B.A.'s have a low return, because accepted students usually have good degrees and jobs.  But specialty business masters have a high return.

The modern M.B.A. is too broad to provide enough technical background for many Wall Street positions.  Much of the modern diluted two-year curriculum is fluffy soft courses that have nothing to do with finance.  A well-prepared student can learn as much finance in one year as business bachelor's or M.B.A.'s.

www.nber.org/system/files/working_papers/w26959/w26959.pdf[/quote]

Going to school for "business" isn't about learning much at all -- not at the undergrad, graduate, or (certainly not)  at the professional/MBA level.  And it doesn't matter how much you learn in your 1-year finance program, you're still going to end up competing with undergrads (not MBAs) for jobs.

(I am not referring to super technical, math-heavy programs -- like Princeton's MFin -- above.)[/quote]

But MBAs are heavy quant[/quote]

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