EnterTheVoid Posted February 3, 2012 Posted February 3, 2012 MBA's are over rated. Try getting into a senior position based on technical knowledge alone -- Project Manager/Project Supervisor/Engineering lead etc.
triam Posted February 4, 2012 Posted February 4, 2012 MBA's from good schools have solid value, I myself am a hardcore techie till now and was under the same impression 2-3 years that MBA is nothing special etc, but I have personally seen 2-3 friends of mine who attended Wharton and Kelloggs etc whose thought process completely changed after an MBA. the way they approach problems is very different than how techies do (not that one is right and one is wrong but it gives different perspectives). If I can afford it and I get into a top notch school I will seriously consider doing it.
Nova Posted February 4, 2012 Posted February 4, 2012 You said.. you are going to keep your job and do MBA. It will not hurt you for sure and that extra degree might open other doors. I say go for it.. not just for the sake of a degree but do a knowledge oriented study. It is what you do with it...that counts, in my opinion.
devla Posted February 5, 2012 Posted February 5, 2012 MBA is as much about learning from others around you as it is about learning from curriculum. Be it inter-personal skills, networking, learning from the experience of others, etc. That's why it is key that you go to a good school, because generally the kids there will have a stronger academic and professional background than at a 2nd or 3rd tier B school or online. My personal opinion is that it helps, no matter what field you pursue, unless of course if you are extremely talented, i.e., creme-de-la-creme of your field.
akshayxyz Posted February 5, 2012 Posted February 5, 2012 MBA is as much about learning from others around you as it is about learning from curriculum. Be it inter-personal skills, networking, learning from the experience of others, etc. That's why it is key that you go to a good school, because generally the kids there will have a stronger academic and professional background than at a 2nd or 3rd tier B school or online. My personal opinion is that it helps, no matter what field you pursue, unless of course if you are extremely talented, i.e., creme-de-la-creme of your field. ++ MBA, esp from top schools is a lot about networking and learning from each other. These days bookish knowledge you can get yourself. Also, a degree from top school helps in getting interview calls and negotiating salary. After that its all about the individual's skills and execution.
jairamesh Posted February 5, 2012 Posted February 5, 2012 MBA = super coolness. MBA = super coolness = aka you got conned. We have seen what MBAs have done to the world of finance. If ever there was title for the most idoitic term, the the word "Financial Engineering" would win hands down. I repeat MBA is a con job. Only guys who get into prestigious Business Schools (Wharton, Chicago, Harvard etc.) get success through networks and brand name of school, and the majority of the students accepted are based through contacts and more importantly background. Look at this way, which fecking idiot would pay USD 100,000 each year (2 year course) for something you can learn off wikipedia. The price tag of USD 200,000 for example to study at Harvard is the price you pay for the privilege to build valuable contacts in top-tier of various companies, it's not about knowledge.
punjabi_khota Posted February 5, 2012 Posted February 5, 2012 ^MBAs don't/can't do 'financial engineering'. Thats a different area.
jairamesh Posted February 5, 2012 Posted February 5, 2012 ^MBAs don't/can't do 'financial engineering'. Thats a different area. Different area or not, it's still bullsh!t, there is no such thing.
devla Posted February 5, 2012 Posted February 5, 2012 Different area or not' date=' it's still bullsh!t, there is no such thing.[/quote'] Are you arguing against financial engineering or MBA? Anyway, if you are making a financial case against MBA in the US (you 200k example), the same case can be made against any graduate degree in the US (for folks in India, masters education in the US is referred to as graduate school or grad school). People spend a lot of money on grad schools but it's questionable as to whether they get the ROI on it. I think the story in India is probably different. At least from my times ('98), the guys who did MBA are doing better than the guys that did their M Tech or ME. This is empirical. I think we all agree that if you want to do an MBA, do it from a tier 1 or tier 2 school. Otherwise, it's questionable as to how much benefit you will get out of an MBA.
hari504504 Posted February 5, 2012 Posted February 5, 2012 Different area or not' date=' it's still bullsh!t, there is no such thing.[/quote'] really ? Financial Engineering courses I have explored are all incredibly hard to get in and the course material is considered to be as tough as CFA Level-2 ... not to mention Investment Banks swoop in on these guys. Maybe it depends on which university is designing the course/quality...
punjabi_khota Posted February 5, 2012 Posted February 5, 2012 Are you arguing against financial engineering or MBA? Anyway, if you are making a financial case against MBA in the US (you 200k example), the same case can be made against any graduate degree in the US (for folks in India, masters education in the US is referred to as graduate school or grad school). People spend a lot of money on grad schools but it's questionable as to whether they get the ROI on it. I think the story in India is probably different. At least from my times ('98), the guys who did MBA are doing better than the guys that did their M Tech or ME. This is empirical. I think we all agree that if you want to do an MBA, do it from a tier 1 or tier 2 school. Otherwise, it's questionable as to how much benefit you will get out of an MBA. :WTF: except that in most cases, you graduate with a MS or PhD in sciences/engineering without any student debt. MBA from ivy league types would leave you with ~100-150k debt. Am sure they can make it up later (similar for lawyers and doctors).
DomainK Posted February 5, 2012 Posted February 5, 2012 Engineers always run to do MBA even after Engineering - proves that MBA is actually better than Engineering. Simple. :dontknow:
hari504504 Posted February 5, 2012 Posted February 5, 2012 Engineers always run to do MBA even after Engineering - proves that MBA is actually better than Engineering. Simple. :dontknow: Thats just some kind of social conditioning.... "any MBA makes you management material".. the truth is far from that
Alchemist Posted February 5, 2012 Author Posted February 5, 2012 Nice point guys. This what I think I will be doing. Prepare for GMAT as of now. See what the score is. In the mean time explore some of the options discussed above. Also, I am communicating with an accredited university nearby that offers a co hort weekend program. Lets see how it goes.
zen Posted March 1, 2012 Posted March 1, 2012 have you considered executive MBA programs? If your company can give you a little bit of time off for residential modules and trips, then EMBA is a good option and also opens up a lot of choices for you rather than relying on nearby insitiution (which I don't know what it is) On the negative side, EMBA puts a lot of stress as you have to work 20-25 hours per week on top of work (unless somehow you can find time to finish projects while working) Morning/Evening MBAs could take too long to complete (36 to 48 months) vs EMBA (usually 12 to 18 months) In a few months, I would be pursuing FT 12-month MBA at an Ivey league B-school (rated as the best in Canada by many)
punjabi_khota Posted March 1, 2012 Posted March 1, 2012 have you considered executive MBA programs? If your company can give you a little bit of time off for residential modules and trips, then EMBA is a good option and also opens up a lot of choices for you rather than relying on nearby insitiution (which I don't know what it is) On the negative side, EMBA puts a lot of stress as you have to work 20-25 hours per week on top of work (unless somehow you can find time to finish projects while working) Morning/Evening MBAs could take too long to complete (36 to 48 months) vs EMBA (usually 12 to 18 months) In a few months, I would be pursuing FT 12-month MBA at an Ivey league B-school (rated as the best in Canada by many) Canada mein "ivey" league ? :WTF:
jairamesh Posted March 1, 2012 Posted March 1, 2012 have you considered executive MBA programs? If your company can give you a little bit of time off for residential modules and trips, then EMBA is a good option and also opens up a lot of choices for you rather than relying on nearby insitiution (which I don't know what it is) On the negative side, EMBA puts a lot of stress as you have to work 20-25 hours per week on top of work (unless somehow you can find time to finish projects while working) Morning/Evening MBAs could take too long to complete (36 to 48 months) vs EMBA (usually 12 to 18 months) In a few months, I would be pursuing FT 12-month MBA at an Ivey league B-school (rated as the best in Canada by many) :hysterical: conned!
zen Posted March 1, 2012 Posted March 1, 2012 Canada mein "ivey" league ? :WTF: ^ :hysterical: X: mumbai = ind's NY PK: Ind mein "NY"? :WTF:
punjabi_khota Posted March 1, 2012 Posted March 1, 2012 ^ :hysterical: X: mumbai = ind's NY PK: Ind mein "NY"? :WTF: Kya fraud hai yeh :facepalm:
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