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What good is an MBA?

 
 
Reply Tue 10 Feb, 2004 01:16 pm
I have a chance to get an MBA through my job for free. I would like to know what kind of job one can expect to get with an MBA. I have heard that MBAs usually work their asses off about 60 or so hours a week when they first enter the workplace, but is that necessarily true? I am not at a stage in my life where I want to kill myself for my job anymore. Is there a way to get an MBA and get into a plain old 9 to 5 kind of job that pays well? What jobs can be had with an MBA? Would it be helpful to have an MBA if I were to start my own small business someday?

Thanks for any input.
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Type: Discussion • Score: 0 • Views: 1,650 • Replies: 11
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cjhsa
 
  1  
Reply Tue 10 Feb, 2004 01:24 pm
I think it would be very helpful if you were to start your own business. For one thing, the banks will look at your educational background as well as your business plan before loaning you any startup capital.
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Heeven
 
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Reply Tue 10 Feb, 2004 01:24 pm
If you've got the chance to get an MBA for free - do it!

If and when you look for another job later (I presume you've got to hang in this job for a few years to qualify for this free education thingy?) you can pick and choose who you tell about your MBA.

The majority of people in business have at least a Bachelors or Associates Degree. An MBA is not the huge step up it used to be. I work alongside someone who has two (count them TWO) MBA's and we do the same work. If you don't want to work your ass off then you don't have to. However since not much in life is free, grab it while it's on offer. I would!
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husker
 
  1  
Reply Tue 10 Feb, 2004 01:25 pm
I think you have your answer
Quote:
I am not at a stage in my life where I want to kill myself for my job anymore

How long have you been out of college? Going back for that MBA is going to be a job in itself, unless you have the time and energy, and not unlearned the school drill.
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cavfancier
 
  1  
Reply Tue 10 Feb, 2004 01:41 pm
If you can do it for free, go for it. It will always look good on your resume, whatever you do, and is quite expensive to do on your own. You also might want to ask yourself why your company is willing to do this for you. Are they planning on promoting you and giving you a higher-paying position after the degree? If so, you may find yourself in a position where it is hard to leave your job, as you will "owe" them something for the free education. Just some thoughts.
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colorbook
 
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Reply Tue 10 Feb, 2004 01:52 pm
Go for it, you'll regret it later, if you don't.
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Slappy Doo Hoo
 
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Reply Tue 10 Feb, 2004 02:12 pm
I think you're a little confused, or at least you're not writing clearly.

"I have heard that MBAs usually work their asses off about 60 or so hours a week when they first enter the workplace"

If you mean what you typed...no, I don't think a person who holds an MBA is necessarily going to work any longer hours(or less) than someone without an MBA.

The kind of job? Basically all you're doing is possibly creating more job opportunities, or making your resume more attractive with an MBA.
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kickycan
 
  1  
Reply Tue 10 Feb, 2004 04:30 pm
Slappy, this is what I heard. I guess since it's coming from people at my company, which is one of the largest investment banks in the world, I should consider the source. I guess in finance it's a little different. I was wondering about different jobs, because there are many different types of MBAs (executive, accounting, finance, etc.).

Thanks for the input.
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Wilso
 
  1  
Reply Tue 10 Feb, 2004 05:48 pm
As someone who can't get to uni because my work gets in the way, I'd also say go for it. I'm so envious of people who had the opportunity to get an education.

I don't have any night classes available. Even the local senior college (high school for adults) has ALL it's classes during the day.
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kickycan
 
  1  
Reply Tue 24 Feb, 2004 01:29 pm
Anyone know what kind of job an MBA with a concentration in Real Estate could get you? I'm thinking maybe a job as a mortgage loan officer, or something with a development company. Anyone know of any others?
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Slappy Doo Hoo
 
  1  
Reply Tue 24 Feb, 2004 01:38 pm
You don't need an MBA to get a job as a mortage officer...you can break into that as an entry level position.

But I actually can't answer your question, sorry.
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Heeven
 
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Reply Tue 24 Feb, 2004 01:51 pm
Maybe commercial real estate investments - that might be an area you could investigate. There are positions such as asset and portfolio managers, and while they do not require MBA's, the higher the job level, the more managers are encouraged to get their Masters. When companies invest in real estate they want to know that the portfolio managers managing their investments are specialists with the highest education and training. It's a very good selling point when trying to win deals.
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