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The MBA Thread

Discussion in 'Business, Careers & Education' started by Tarmac, Aug 28, 2008.

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  1. cchen

    cchen Senior member

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    Yea - I know they're not HBS, Tuck or Sloane, but still pretty strong schools.

    What do you think about their reputations in the business world and the opportunities I'll have from each individual school? BU is much more convenient for me like I said, but I want to go to school that will give me the best opportunities.

    Is there much of a difference?


    outside of Boston I don't think there's any difference
     
  2. dmass1

    dmass1 Senior member

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    Agree with that for the most part, although I think BU probably has better networking opportunities outside of Boston because of the diversity in their student body and the fact that many of them don't stay in Boston after completing the program. On the other hand I think most BC grads stick around, which will help if I stay in Boston.


    The reputation I can't figure out though. Some rankings have BC higher and some have BU higher, and people that I have spoken with also have diverging opinions on the strengths of each program. Having a tough time deciding and I was hoping to get some objective info.
     
  3. yjeezle

    yjeezle Senior member

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    i've been thinking about going from private to public and then going to grad school in a few years (MBA).

    is this an inadvisable?

    i'm currently a business analyst at a large electronics manufacturer.

    my reason for moving is: my branch is going down and I need to start looking at options.
     
  4. Lord-Barrington

    Lord-Barrington Senior member

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    That's a pretty good reason!

    Private to public is actually a good move at this point. Why? A few reasons:

    1) MBA programs actually like public sector/NGO applicants because they don't get enough of them and they round out their applicant pool. bankers and consultants are incredibly bloated applicant pools whereas government/NGO applicants usually look elsewhere, so the competition for those spots isn't as fierce.

    2) You'll likely get more time off in the public sector which will give you much needed time to prepare your applications and study for the GMAT, both incredibly time consuming endeavours.

    3) I think doing a stint in the public sector (especially in a commercial role) is good for private sector workers and vice versa. Government and industry do billions of dollars of business together in the US, yet there's very little crossover aside from certain sectors.
     
  5. yjeezle

    yjeezle Senior member

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    what do you mean by commercial?

    also, would i be taking a pay cut moving from private to public?

    my salary atm isn't stellar ($45K) but I would still like to maintain my current lifestyle...
     
    Last edited: Nov 27, 2011
  6. Lord-Barrington

    Lord-Barrington Senior member

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    Commercial means dealing with commerce in some facet, usually in a facing role with industry.

    You probably wouldn't take a paycut if you transitioned to the federal government. 45K is the bare minimum for many agencies and departments.
     
  7. Joffrey

    Joffrey Senior member

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    ^Right. With a ba/bs and two years relevant work experience you qualify for $55k or whatever a GS-11 is now (location specific of course so for DC it'd be a bit higher now maybe $60k).
     
  8. gomestar

    gomestar Senior member

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    I've just started with Manhattan's GMAT class. So far so good.

    Before that I (very) casually strolled through their math books but I didn't gain much from it besides a few good refreshers because 1) I was too causal, 2) I was working 80 hours a week, and 3) up til early October was wedding planning, and then the holidays, and on and on. Fortunately work is light right now I and I can focus on the class which pretty much forces you to work hard for 9 or so weeks.

    I took one of their CAT exams online before the first session and scored 600. This kind of surprised me as I would have been happy with 550, and looking at the diagnostic I think I could have done better - some of my math mistakes were stupid, some were little things that I had just forgotten (hello, prime number tree), and even with absolutely zero verbal training I was consistently scoring in the low 80th percentiles until the last 8-10 questions where the dog kept on hounding me to get up on my lap (which she did, then promptly stuck her giant ears right in my line of sight). Hopefully this class gives me the kick I need to hash out a good score.


    oh, and if any NYC people are interested I have the 8 Manhattan GMAT books that I can l let go for the cheap.
     
  9. constantine.

    constantine. Senior member

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    Anyone know much about McCombs reputation with real estate finance concentration? Or any other Texas schools?

    I'm interested in community development financing, and I currently work in the non-profit sector (affordable housing manager/developer with experience with financing tools like low-income housing tax credit, new market tax credit, and historic rehab tax credit).

    I recognize that most people who go to b-school wont have an interest in affordable housing, but I'm working closer with large lenders that work within the community reinvestment act and some of these financial tools are complicated and laborious. I'm starting to think I need more of an finance background and I hear that getting a master's in real estate development is inferior to an MBA.

    Thanks dudes.
     
  10. tadd

    tadd New Member

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    Just saw this thread. New guy here, but I am currently towards the end of my first semester pursuing my MBA. It's amazing how much real world application stuff you can learn to apply.
     
  11. Calnell

    Calnell Member

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    I completed my MBA a few years ago and am now considering going back for a phd. Any mba's out there that went this route?
     
  12. nerdykarim

    nerdykarim Senior member

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    There's another thread for business PhD's; if you can't find it in a search, PM me and I'll dig up the link.

    I'm finishing up my JD/MBA this spring and will roll straight into a doctoral program in Management Information Systems after taking the bar exam this July. Most of the people I know from various doctoral departments have MBAs; it seems to be a pretty common launching point into the PhD.
     
  13. Flambeur

    Flambeur Senior member

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    Which school are you going to, by the way?

    And it seems that maybe 50% of incoming doctoral students have MBAs, but a harder masters that builds a better foundation for research/methods is probably better.

    I need to make a new thread about the PhD thing. I think there is an actual Prof who graduated from Purdue lurking about, and probably some more graduates or current students.
     
    Last edited: Mar 27, 2012
  14. nerdykarim

    nerdykarim Senior member

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    This is definitely true. IME (current MBA student taking doctoral classes before jumping into my doctoral program), MBA programs are both easier and and also qualitatively very different from the methods courses that will take up 60% of your first two years in a PhD program.



    I updated it fairly recently when I was making my decision; iirc a couple professors have posted to it.
     
    Last edited: Mar 27, 2012
  15. Calnell

    Calnell Member

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    Thanks, I'll search for the thread now. Congrats on finishing your jd/mba (well you're almost done!) and moving into your doctoral program. I'm thinking about a phd in organizational mgmt. Just found out my GMAT scores expired last Sept so that sucks
     
  16. Calnell

    Calnell Member

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    I agree that the MBA doesn't give you enough foundation for a phd program. I have a masters in a quantitative field so I'm hoping I'll be prepared
     
  17. furo

    furo Senior member

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    Okay, so I decided to try for my MBA at 30yrs old. I'm already full-time employed, so looked only at part time programs. That being said, I've been accepted to UNC (Kenan-Flagler), and Indiana (Kelley), both of which offer MBA via distance learning (primarily online) with a few class trips and week-long-ish sessions.

    The cost of UNC over Indiana, after I factor in my company's contribution, would be $20k higher to finish in 3 years, or $30k higher to finish in 2 years.

    My goal is general management with a slight lean toward marketing, but at the present, not focused on a career change or bailing from my current company upon graduation. My current industry HQ is in the northeast. So knowing this, what do you guys think the better choice would be?
     
    Last edited: Mar 29, 2012
  18. Flambeur

    Flambeur Senior member

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    I would hesitate to recommend ANY online program.
     
    1 person likes this.
  19. furo

    furo Senior member

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    :facepalm:
     
  20. Calnell

    Calnell Member

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    An MBA is one of those programs where you really benefit by going full time. Top schools focus more on networking and job placement than academics. Many classes are case-based and the benefits come from the in-class discussions and group projects.

    To answer your question: I'd go with Kelley and save the money.
     

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