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B-school Confidential: MBAs May Be Obsolete
Yahoo Finance ^ | 10/04/2007 | Penelope Trunk

Posted on 10/04/2007 11:56:42 AM PDT by SirLinksalot

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1 posted on 10/04/2007 11:56:57 AM PDT by SirLinksalot
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To: SirLinksalot

From my personal experience, having an MBA helps in terms of personal development and in ‘all else equal’ situations when applying for jobs, but, as a Business degree is somewhat generic, it is how you specialize that makes a difference.

Focus on your field, and if you are pursuing an MBA, also work on a PMP certification or something that shows you have specialized knowledge and skills.


2 posted on 10/04/2007 11:59:58 AM PDT by mnehring ("Ron Paul and his flaming antiwar spam monkeys can Kiss my Ass!!"- Jim Robinson, Sept, 30, 2007)
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To: SirLinksalot

I wonder.....does Steve Jobs have an MBA? Bill Gates? the Gooooogle guys?..........


3 posted on 10/04/2007 12:01:29 PM PDT by Red Badger ( We don't have science, but we have consensus.......)
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To: Red Badger

Of course you know the answer is NO to all three right ?

In fact Jobs and Gates were college dropouts.


4 posted on 10/04/2007 12:02:51 PM PDT by SirLinksalot
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To: SirLinksalot

Exactly...........


5 posted on 10/04/2007 12:14:25 PM PDT by Red Badger ( We don't have science, but we have consensus.......)
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To: SirLinksalot
I couldn't agree more with this article. Too much college is too much college. Get your bachelors then go on and get your CPA and hit the ground running. One of my best friends does not have his MBA but he hires people to work under him, that have them. Often, the experience you obtained is far more valuable to an employer than the amont of time you spent in college.

But .. I think that people who waste their time getting high degrees, are bound for success. They are not only intelligent, but they have good common sense, instincts and the drive to succeed.

Unfortunately, I also know some *professional students*. They stay in school, getting more-and-more degrees, so they don't have to go out and try to make it in the real world. They like to think of themselves as great intellects, and brag about their degrees .. but none of them have ever accomplished anything by using any of their degrees. My husband calls them "educated idiots".

One last thought. Women need to get their Bachelors. If women ever expect to make enough money to support themselves and be truly independent .. then they need to get an education. Women need to know that they can make it on their own, if they have to.

6 posted on 10/04/2007 12:15:14 PM PDT by CometBaby (You can twist perceptions .. reality won't budge!)
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To: SirLinksalot

I’m finding more and more that the people who are set on hiring MBA’s are the people with MBA’s. Once an MBA gets to the top of your company, you can expect the MBA to become a job requirement.


7 posted on 10/04/2007 12:19:56 PM PDT by T.Smith
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To: mnehrling
I'm glad I have mine. For me it was worth the time I put in. I have used what I learned many times.
8 posted on 10/04/2007 12:20:26 PM PDT by b4its2late (~ This Tagline Intentionally Left Blank ~)
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To: CometBaby
"Women need to know that they can make it on their own, if they have to."

Would you please tell that to my sisters? They won't listen to their big brother. :)

I plan on starting my MBA next year. That is after I finish my PMP certification.

The endgame is to acquire a baseline of business knowledge to start/buy my own business. NOT to climb the corporate ladder...
9 posted on 10/04/2007 12:21:40 PM PDT by TSgt (Extreme vitriol and rancorous replies served daily. - Mike W USAF)
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To: SirLinksalot

What really hurt the MBA was lack of a certification. MBAs should have had certification testing much like CPAs etc.


10 posted on 10/04/2007 12:30:42 PM PDT by Codeflier (Implement Loser Pays)
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To: SirLinksalot

While a “professional” journalist may disagree, I have found that people with MBA degrees generally know something valuable regarding finance, operations and working in groups under pressure to solve complex business problems.

When I look at the twenty-something children of my friends, I see that the ones with MBAs have triple-digit incomes. And that many of the ones who only earned “soft” BAs or “soft” MAs are still trying to “launch”.

I gather that the author of this cheap-shot piece has a “soft” degree himself and that his envy of the success of others has led him into a quagmire of wishful thinking and self-pity.


11 posted on 10/04/2007 12:34:59 PM PDT by pfony1
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To: pfony1
I gather that the author of this cheap-shot piece has a “soft” degree himself and that his envy of the success of others has led him into a quagmire of wishful thinking and self-pity.

Actually, the author is a woman.
12 posted on 10/04/2007 12:44:32 PM PDT by SirLinksalot
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To: b4its2late

Would you recommend a new business undergraduate to immediately apply to an MBA program, or would you advise that he/she work for a few years first before going to MBA school ?


13 posted on 10/04/2007 12:46:18 PM PDT by SirLinksalot
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To: SirLinksalot

Don’t forget Richard Branson.


14 posted on 10/04/2007 12:47:45 PM PDT by mgstarr ("Some of us drink because we're not poets." Arthur (1981))
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To: SirLinksalot; pfony1
The best thing you get out of business school is a good job afterward.

So the article is saying that you don't learn anything useful about running a business in business school? Isn't there some sort of body of knowledge that is required to run a large corporation? Maybe not.

15 posted on 10/04/2007 12:54:40 PM PDT by wideminded
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To: wideminded
Isn't there some sort of body of knowledge that is required to run a large corporation?

How about getting some working experience and actually LEARNING from it ?
16 posted on 10/04/2007 1:03:58 PM PDT by SirLinksalot
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To: SirLinksalot
In fact Jobs and Gates were college dropouts.

Michael Dell also. Want to make it big? Then get after it as soon as you can rather than coasting along in our leftist madrassas called universities.

17 posted on 10/04/2007 1:09:31 PM PDT by Mind-numbed Robot (Not all that needs to be done, needs to be done by the government.)
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To: SirLinksalot

I’ve got mine and I’m glad I did.


18 posted on 10/04/2007 1:12:53 PM PDT by lilylangtree (Veni, Vidi, Vici)
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To: SirLinksalot

The value of an MBA is not the credential. The value is the knowledge you gain when getting the degree. A “top business school” may offer a “credential” but the most valuable MBA to the business may come from any good accredited program. It is self motivation, ethics and wisdom that makes the MBA not the school.

I don’t believe the MBA is obsolete. Perhaps if Harvard is more interested in diversity than quality, it is Harvard that is obsolete.


19 posted on 10/04/2007 1:14:08 PM PDT by Proud2BeRight
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To: Mind-numbed Robot

btt


20 posted on 10/04/2007 1:14:59 PM PDT by Ciexyz
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