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I've been thinking about going back to school to get an MBA.
Is it worth the time/financial commitment to get the MBA? I was a comp sci major in college, is it hard to get an MBA without a business/finance background? Just curious to hear some thoughts and opinions of people that have actually done it. -
For the most part, part-time MBAs aren't worth the investment unless your employer is footing the cost. If you are truly miserable with your career and want to change then its best to attend a top ranked full-time program. I did a part-time MBA at my local state school to fulfill the requirements to sit for the CPA exam. I had a specific goal in mind, and with my employer paying I couldn't turn down the oppurtunity. You do not need a business/finance background to get an MBA, even at the best programs.
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I mostly agree with this.
Originally Posted by HookEmBP
For the most part, part-time MBAs aren't worth the investment unless your employer is footing the cost. If you are truly miserable with your career and want to change then its best to attend a top ranked full-time program. I did a part-time MBA at my local state school to fulfill the requirements to sit for the CPA exam. I had a specific goal in mind, and with my employer paying I couldn't turn down the oppurtunity. You do not need a business/finance background to get an MBA, even at the best programs.
A good Executive MBA, which is technically different than a part-time or flex MBA type program, is a great way to go.
I would not piecemeal an MBA together, if that's what you're asking. I would want to go through it as a cohort group, whether that is a full-time or Executive-type program.
I'm halfway through my 4th semester out of 5 and it has already paid huge dividends for my career. -
I'm a part-time MBA student with a non-business background I still have a full time job where I work 50-60 hours a week:
I'm basically piecemealing it together as that is really the only option for me at the moment and I feel like piecemealing is better than not doing it all.
It is not fun to try and find those 15-20 hours a week (I'm taking a new class every 8 weeks) nor is it easy. You need to make sure you can make the time commitment both due to to the cost and to make sure you are actually getting anything out of it.
It has been semi-rewarding so far for me but I do feel a little overburdened at time.
What type of program are you looking at? -
I've been looking at NYU Stern. I'm pretty happy with my job right now, I don't think they would foot any of the bill. I would be doing the Part time program and not quitting my job to do the full time program
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I didn't even know that Stern had a part time program...
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Have you considered the Executive MBA program?
Originally Posted by NetFan44
I've been looking at NYU Stern. I'm pretty happy with my job right now, I don't think they would foot any of the bill. I would be doing the Part time program and not quitting my job to do the full time program
Stern has all 3 types...part-time, Executive, and full-time.
Stern has the #1 ROI from an MBA in the world. -
Not yet. Probably will be soon though...
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I looked a little into the EMBA from Stern. According to NYU statistics, the average age is 38, with 14 years work experience and 9 years of management experience. I'm 24, with 3 years work experience and 0 years management. So I'm not sure I'd 1) be able to get into the program and 2) be able to keep up due to my lack of experience
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It's pretty hard to get into any decent executive program if you're under 30 (I had that problem)
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Ahhh good point...forgot you were early 20s.
Originally Posted by NetFan44
I looked a little into the EMBA from Stern. According to NYU statistics, the average age is 38, with 14 years work experience and 9 years of management experience. I'm 24, with 3 years work experience and 0 years management. So I'm not sure I'd 1) be able to get into the program and 2) be able to keep up due to my lack of experience
I love my EMBA program, but I'm 33 years old and one of the younger people.
With all due respect to Bob Futon, I don't necessarily believe that "having an MBA is better than not having one." If you can, get into a prestigious school. It's the same as an undergrad. 95% of the schools out there don't mean much of shit. But, if you go to a top-tier, it can be a career enhancer.
If you are looking to work at a top consulting firm, they want to see the proper pedigree in their people's education and resumes.
It all depends what your career plans are I guess. For me, a part-time MBA didn't make sense. -
A lot of it has to with continous improvement and lifelong learning for me. Plus I can get 75% of the bill footed right now.
Honestly I'll probably look up Law School at some point too. I want to be a well rounded motherfucker in mediocrity -
I hear ya. I considered Law School for a while, too...still might do that eventually.
Originally Posted by Bob Futon
A lot of it has to with continous improvement and lifelong learning for me. Plus I can get 75% of the bill footed right now.
Honestly I'll probably look up Law School at some point too. I want to be a well rounded motherfucker in mediocrity
With them picking up 75% of the bill, I probably would have done the same thing. Also, you're in Vermont, and aren't there about 3 colleges there total?
I'd say at least 2/3 of what I've learned in this program I could have learned at the library. For me, I wanted the free consultation and networking that goes with a top-notch faculty. Online or going to a smaller school just wouldn't have fit my needs, but if I were in a different situation, I most likely would have done it that way. -
For me not having a business background has always been a pain in the ass. The majority of Champlain is online with the other part coming through residencies (like 3 straight 12 hour days)
I'm also hoping that getting my MBA will remind me to use conjunctive verbs when forming sentences. -
I am in my second semester of University of Michigan's evening MBA program. My company is paying for it. If you don't have someone paying for it, just do a full time MBA and knock it out. Much better that way and the recruiting is really top notch.
The better schools get the better recruiters. If you are thinking of moving companies after you get your MBA, try to get into the best program possible. If not, any decent accredited program will do. Just make sure you at least go to a program that requires you to take the GMAT.
Yes a part time MBA is alot of work, especially if its like michigan's where you take 60 credits, and the courses are the same courses taught by the same teachers the day students get.
Executive MBA programs are for well established people for the most part.
Or if your company is footing the bill and authorizes you to take an EMBA. Mine doesn't.
I have met a few good contacts already and its nice to learn with like minded people.
I have learned alot already too. I have had many "aha" moments in class where you realize why your company does the stupid stuff it does or stuff it should be doing. That's what's nice about the evening MBA, you can apply stuff you learn in the classroom on monday night to things you work on tuesday morning.
good luck. -
Wooooo Stern!! 2 month old alum here :-)
Originally Posted by NetFan44
I've been looking at NYU Stern. I'm pretty happy with my job right now, I don't think they would foot any of the bill. I would be doing the Part time program and not quitting my job to do the full time program
I believe the part-time program is called Langone. It's a very good program and just having the NYU Stern name will help tremendously in job applications. -
thanks for the responses fellas, pretty sure I'm just gonna apply for the part time program and worry about doing it if I actually get accepted
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