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Reply to "Is a Georgetown MBA considered prestigious?"
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[quote=Anonymous][quote=Anonymous]Then why will a company spend $200,000 plus salary and lodging for an employee to get an EMBA?[/quote] Business prof here. Some people find themselves with 10 years experience and limited education. Somebody managing a family business is a classic example. Sometimes companies want to give someone a promotion, and this degree is a reward, preparation, and signal for more responsibility. Sometimes a company is planning to limit their career, and the degree is a reward for past service. The MBA is not a very technical degree today. Nevertheless, good young students have skills with spreadsheets, statistics, programming, data management, and financial or marketing analysis. They can learn more specialized skills on the job. But you don't expect this from somebody who studied in his thirties. This older student missed all the technical stuff a decade earlier. Exec Ed students spend a lot of time networking over "free" coffee and muffins. They don't have much time for homework. Exec Ed alumni are enthusiastic about the school. They say good things, and come back to hire future graduates. And they don't need help finding a job. Yes, the degree is expensive. But ignorance is also expensive, especially when making important business decisions.[/quote]
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