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.

What are you talking about? Any degree above the baccalaureate level is by definition an “advanced degree.”

Anonymous wrote:

Anonymous wrote:Venture capital firms are not hiring BAs they’re hiring MBAs from Stanford Harvard and Wharton earning about $300,000 starting salary. Consulting firms, financial services all paying good money and bonuses. I’m not sure why people are sneering at MBAs

Because a lot of the parents boasting about their kids' MBAs think that their degree from Rochester or UMD or Fordham is on par with a Harvard MBA.

(I have an MBA from one of the first three schools I mentioned.)

NP here. What’s wrong with an MBA from
Rochester/UMD/Fordham? Give me a break, it’s 2023, I don’t care if someone went to HBS. Those grads don’t have a lock on being smart, successful and worth of praise for their accomplishment.

Anonymous wrote:I have an MBA in Finance. I went in person 3.5 years after work in a part time program. Pre on-line schools.

MBAs were hard back in the day. My school wanted people with work experience at prestigious companies and references etc. We were all working full time and doing school
7-10 pm.

Today you can get on online or just stay one extra year in school and have one at 22

My own niece just stayed on more year on college partying and got one.

In my day the classroom discussions were interesting. People in class were 25-40 many were AVPs, VPs etc trying to reach next level.

Interesting observation that some MBA programs do not require post undergraduate degree work experience.

Your niece wasn't ready to leave college & enter the workforce full-time so she made good use of an extra year in college at a school where she was very happy. Nothing wrong with this. Happiness is hard to find. There are many options and many paths in life. I applaud her for taking time to enjoy life in a productive manner. To an extent, I am envious as well because she enjoyed her college years so much to stay an extra year.

Many public universities are generous with awarding college credit for pre-college accomplishments through testing or advanced high school courses. One might enter a public university with enough credits to start as a sophomore and graduate within three years. Taking an extra year to earn a higher degree such as an MBA or specialized masters degree (very common for accounting majors) could be a wise use of time in order to mature a bit more and enjoy life at a time when one has fewer obligations. Such a student could go straight through from kindergarten to MBA and then--after a few years (say 5 years) of work experience return and earn a second masters degree. Yes, I hear the laughter, but MBA material is best learned after several years of post undergraduate degree work experience as a more mature, more experienced person. Some folks are just not ready to enter the workforce at age 21 or 22. Different paths. Or wait until 10 years or more of work experience and enroll in an EMBA program (Executive MBA).

Point is that your niece used her time in a productive manner while prolonging for one year a very happy time in her young life. She can still pursue another higher degree many years later.

Anonymous wrote:An MBA is a very practical degree. If you're not born with a silver spoon, getting an MBA from a good program can be a huge boost for your career and earnings.

That was definitely the case for me. I came from modest means, got an MBA from a top program, and now make excellent money and have a nice career in a field I enjoy. I couldn't care less about prestige or what anyone else thinks!

Great post.

Earning an MBA after a few years of post-undergraduate work experience is a solid step on a path to promotions and higher pay. An MBA program helps in many ways, but the two most obvious are to see the big picture and to have an approach to solving problems.

Another advantage to earning an MBA is, unlike law or medicine, that there are no licensing process or continuing education requirements after completing the degree requirements. Also, an MBA is a universally recognized and respected degree.

Full-time MBA programs usually require 2 years of study while law school is 3 years and medical school at least 4 years.

An MBA is a very practical degree. If you're not born with a silver spoon, getting an MBA from a good program can be a huge boost for your career and earnings.

That was definitely the case for me. I came from modest means, got an MBA from a top program, and now make excellent money and have a nice career in a field I enjoy. I couldn't care less about prestige or what anyone else thinks!

It's a big accomplishment.

Anonymous wrote:

Anonymous wrote:It’s a check mark for a lot of employers, and there are a lot of new programs aimed at working professionals. It’s still only a big deal if you went to Stanford, Wharton etc.

- MBA from a third-tier program

Even within m7, Kellogg is a joke now

MBA’s only matter if you went to gsb, w, or hbs

And w is shaky also - they are massively diluting w for a cash grab

Kellogg is ranked 2nd in the nation, and just had a 10k salary increase for their grads. Yall say anything on here, and it sounds a bit like "they're letting in too many minorities and lgbtq" to me.

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

You are a ninny. I am a boomer. Everyone, I went to college with earned a JD, MD, MBA or some combination thereof. We were all educated enough to value/respect each other's choices. Are you an uneducated MAGA or southern?

I have an MBA in Finance. I went in person 3.5 years after work in a part time program. Pre on-line schools.

MBAs were hard back in the day. My school wanted people with work experience at prestigious companies and references etc. We were all working full time and doing school
7-10 pm.

Today you can get on online or just stay one extra year in school and have one at 22

My own niece just stayed on more year on college partying and got one.

In my day the classroom discussions were interesting. People in class were 25-40 many were AVPs, VPs etc trying to reach next level.

Anonymous wrote:

Anonymous wrote:Venture capital firms are not hiring BAs they’re hiring MBAs from Stanford Harvard and Wharton earning about $300,000 starting salary. Consulting firms, financial services all paying good money and bonuses. I’m not sure why people are sneering at MBAs

Because a lot of the parents boasting about their kids' MBAs think that their degree from Rochester or UMD or Fordham is on par with a Harvard MBA.

(I have an MBA from one of the first three schools I mentioned.)

So these adult kids with MBAs are unemployed, that's your gripe?

Anonymous wrote:Venture capital firms are not hiring BAs they’re hiring MBAs from Stanford Harvard and Wharton earning about $300,000 starting salary. Consulting firms, financial services all paying good money and bonuses. I’m not sure why people are sneering at MBAs

Because a lot of the parents boasting about their kids' MBAs think that their degree from Rochester or UMD or Fordham is on par with a Harvard MBA.

(I have an MBA from one of the first three schools I mentioned.)

Venture capital firms are not hiring BAs they’re hiring MBAs from Stanford Harvard and Wharton earning about $300,000 starting salary. Consulting firms, financial services all paying good money and bonuses. I’m not sure why people are sneering at MBAs

Anonymous wrote:MBAs are new new BAs. People who care about their kids push them to get an MBA.

Exactly. It is not advanced.

MBAs are new new BAs. People who care about their kids push them to get an MBA.

Anonymous wrote:

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.

People with Ph.Ds do not say "eeuuuwww"