Is MBA worthed?

[Duniyo]

I have a computer science degree in undergrad. I have been in the workforce for 5 years - working for a major bank.To my dismay, I haven't made much progress in my career except for the salary. Everyday I see many computer professionals around me with 10, 15, or 20+ years of experience but with little career advancements. I certainly don't want to be in their position 10 years from now.

I am thinking of getting MBA from state university to enhance my career prospect and to jumpstart my entrepreneurial spirit.

We are in a age were everyone is trash-talking MBA. Is MBA worthed? From elite school it certainly does but I am refering to state university.


Cheers,
-Duniyo

[mrmarket]

Can you go at night with your tuition paid for? If yes, then certainly. The education does give you a nice perspective on business and the markets.

[sixfeetfour]

Duniyo -
Nice thread. I have actually been contemplating that for the last two weeks via and online MBA. I was looking at ASU.
I agree with MrM, if the tuition is paid and you can go at night/weekends then get it done.

I also think that while the education is good, especially if its free, the title of MBA after your name doesn't change who you are, it only gives you more tools in your toolbox. What you do with those tools and that toolbox is only as good as your entrepreneurial spirit. If you know what you want to accomplish in obtaining an MBA it is better than getting one and hoping that something magically happens. If you have the attitude, confidence, managerial and marketing skills to get where you want to be without the MBA title, then you will probably get there. If you feel that once you receive an MBA and a big promotion or new job will fall from the sky, you may have another thing coming.

I spoke with a coworker (this morning actually) that recently received her MBA. She stated that our company paid half the tuition and then required her to commit to being employed by the company for 3 years after her graduation. So the company paid half tuition and gets a commitment for 5 years (2 for the schooling and 3 years after graduation). Now I assume, had she left the company during the 3 years post graduation that she would have been required to reimburse the company. She received her MBA in 2010 she is still with the company and has received no promotion for her education. I think she would realize more salary benefit if she switched jobs.

As for me, realizing that our company requires a 5 year commitment to pay only half tuition, I am not going to pursue it at this time. However, I would like to obtain an MBA within the next 7 years - currently 38. I am reviewing other job opportunities to advance my career once again as I feel that my marketing and managerial skills are better than the average Joe that gets an MBA but maybe I am overconfident, we shall see.

As you stated there are many articles that say it is either beneficial or not. I could post a few here but you have likely already read them. I did like this statistic about CEO's though and the tid-bit they had noted about MBAs.

http://www.statisticbrain.com/ceo-statistics/

Good luck in your endeavors...

[mrmarket]

MBA is also great if you want to make a career change. I was a plant engineer and, even though I loved the work, I was more interested in the business side of the equation. The best way to jump over quickly was to go back to school for the MBA.

[Duniyo]

Can you go at night with your tuition paid for? If yes, then certainly. The education does give you a nice perspective on business and the markets.

No, my employeer doesn't pay for MBA. I am now looking for a job at Ohio State University (OSU), so I can lower my MBA tuition if I decided to attend OSU.

.... I was more interested in the business side of the equation.

I am dying for the business side of the equation.

[mimo_100]

I have a computer science degree in undergrad. .. clip....

I am thinking of getting MBA from state university to enhance my career prospect and to jumpstart my entrepreneurial spirit.

We are in a age were everyone is trash-talking MBA. Is MBA worthed? From elite school it certainly does but I am refering to state university.

Cheers,
-Duniyo

I have some past work towards a Masters. There is a value in education, if you want more money. And co-workers recognize your achievement, which will help you politically. Anytime you dig deeper into a subject, you get more history and a better understanding of whatever you study.

If you watch "The Factor" (Bill O'Reilly) you will sooner or later see how he and his associates make a genuine effort to dig into a story, get the details, and then report on them, no matter what the politics are. You will learn this discipline in post grad studies, especially in doctoral programs. Witness our Huge Leader. Read his writeups as to why he is buying a particular stock. If nothing else, pursuing a Masters should help you to be a good research person.

PS I had to look up "worthed' for its meaning (there is no dictionary word "worthed" - I think you meant "worth it"), so my Masters work so far has sharpened my need to look up a word I do not recognize. LOL.

[Duniyo]

..........

PS I had to look up "worthed' for its meaning (there is no dictionary word "worthed" - I think you meant "worth it"), so my Masters work so far has sharpened my need to look up a word I do not recognize. LOL.

I didn't notice that, for a moment I was thinking about how to refute your finding. No wonder I am not advancing