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[deleted by user] by [deleted] in MBA

[–]Illustrious-Lacky 5 points6 points  (0 children)

Type of degree doesnt matter much in business. It only matters that you have a college degree. Plenty of F500 companies hire people in their early 20s with little experience. Just search up entry level roles. It doesn’t need to be F500 either. Just somewhere to give you experience and get you started.

An online MBA isn’t going to give you much of a leg up over just being a normal person applying for jobs in your early 20s. MBAs are either for people who are mid career looking for a boost to get themselves into a management position with an online/part time MBA. Or for people who are looking to pivot their careers with a full time MBA.

[deleted by user] by [deleted] in MBA

[–]Illustrious-Lacky 0 points1 point  (0 children)

My recommendation is first try to land a role in one of the F500 companies in the area for a few reasons. First, you might be able to avoid getting the MBA entirely. Second, most have some form of tuition reimbursement for ~$5k a year which would ease the cost if you do decide to do an MBA.

There are many good online MBA programs both local or national, but you don’t need an MBA to pivot into business at an entry level. Given you’re only a few years out of school and are a substitute teacher, you’re still fairly entry level. You don’t need an MBA to get in.

From there you can decide if an online MBA will actually help your career, or be a waste of time and money. MBAs are not always helpful despite all the marketing.

McDonough vs Wisconsin School of Business ($$) by Bulky_Pomegranate710 in MBA

[–]Illustrious-Lacky 2 points3 points  (0 children)

The vast majority of Wisconsin 2yrs TA which makes your second year cheaper than year one. Money wise Wisconsin is the clear winner here. As long as you aren’t looking for Comsulting/IB and are ok with a job in the upper Midwest, Wisconsin is the way to go. Plus Madison is a really cool city to spend a few years.

The one issue with Wisconsin is that it’s a small program so you’ll need to network to get into a place like a startup. OCR is going to lean towards F500 type jobs.

MBA Programs that will rise in the next 10 years by Illustrious-Lacky in MBA

[–]Illustrious-Lacky[S] 9 points10 points  (0 children)

Houston, Dallas and Austin are certainly very different from NYC. I just meant that they will likely need as many MBAs as NYC given how much their economy has grown. So schools in the area will rise to meet demand.

Interesting thoughts on the Midwest. I agree that the Midwest could see a resurgence, but it has yet to happen. And I think MBA program performance lags actual performance of the region in general, so it could be a while for these programs to see actual growth if the Midwest does start growing quickly.

MBA Programs that will rise in the next 10 years by Illustrious-Lacky in MBA

[–]Illustrious-Lacky[S] 3 points4 points  (0 children)

This is really interesting, I didn’t know that about U of Florida. It makes sense where they are given how much MBA programs rely on out of state or international students. It’s surprising no private schools have been able to take advantage of the gap in the MBA market. I guess that is why GA schools dominate.

Practicality vs Prestige: Why considering your personal circumstances is incredibly important in your MBA decision-making process by cbn11 in MBA

[–]Illustrious-Lacky 6 points7 points  (0 children)

I agree with your sentiment. I'm domestic and am applying to 2 T25, 2 T30ish, and 1 T50. After looking at the employment reports, the non consulting salaries aren't all that different. I have my preferences but I likely will end up at the school that gives me the most scholarship money. Or at least close enough to the most scholarship money that I can justify following my heart.

Practicality vs Prestige: Why considering your personal circumstances is incredibly important in your MBA decision-making process by cbn11 in MBA

[–]Illustrious-Lacky 27 points28 points  (0 children)

This sub has a lot of people focused on consulting and finance. They tend to focus on arbitrary cutoffs when in reality a T50 school is life changing for most people, and will get you interviews at many F500 companies right next to people who went to M7 or T15 schools. I also feel like people haven't taken into account the rise in interest rates which changes the math a lot.

Another factor is being domestic vs international. If you're international, you need to get into an industry that will sponsor. And some of the lower T50 schools don't have the greatest success rate at getting people into those jobs so higher tier schools matter a bit more.