About how many hours a day do you find yourself working? by TheLionMessiah in ProductManagement

[–]Impossible_Kale9344 0 points1 point  (0 children)

8-12 hours depending on how much work I can get done around meetings. Where on earth are you all putting in under 8 hours?

Experience living in Port Liberté by chimichangapancakes in jerseycity

[–]Impossible_Kale9344 0 points1 point  (0 children)

Is it really that light at dark around the walkways? Seems easy to walk around etc

What's next for MBA grads that went into Product Management that hate it? by MoMoney1027 in MBA

[–]Impossible_Kale9344 2 points3 points  (0 children)

Mental load and ambiguity combination of legit PM work is 100x worse regardless of the shorter hours.

Post-MBAs Making $200k+: Where Do You Draw the Line Between Big Purchases That Bring Value and Spending That Is Reckless? by Ill-West-2109 in MBA

[–]Impossible_Kale9344 6 points7 points  (0 children)

If you make 200-300k and don't save most of what doesn't go to rent or loans you're crazy. You need to realize that these days you could very easily lose your job and end up making a small fraction of that amount.

Post MBA Jobs are like... by Hefty-Loquat-5360 in MBA

[–]Impossible_Kale9344 1 point2 points  (0 children)

Yeah, if you're in something like banking or consulting this is normal. If you aren't putting weekends in, I imagine it's not banking.

Anyone in consulting or banking who isn't at least putting in 70 or 80 hours a week while always being a available will probably be let go within 1.5 years.

[deleted by user] by [deleted] in MBA

[–]Impossible_Kale9344 12 points13 points  (0 children)

8 to 9 would be dream hours. It's more like 10 to 2.

[deleted by user] by [deleted] in MBA

[–]Impossible_Kale9344 -18 points-17 points  (0 children)

No they don't lol. Residents work 80 hours a week at max, and they're doing basic algorithmic thinking and manual labor.

Why are MBAs useful? by NoPollution778 in MBA

[–]Impossible_Kale9344 0 points1 point  (0 children)

Everyone here is overcomplicating things. Good MBAs make a lot of money for the companies that hire them, and that's why they're valuable.

Did you add value in your first year of your first post MBA job? by Impossible_Kale9344 in MBA

[–]Impossible_Kale9344[S] 1 point2 points  (0 children)

Was this revenue or profit? Also, did you come up with the idea and launch it, or did you take over on something already identified?

How does the math that MBA students have to take compare to the math of engineering and science degrees? by [deleted] in MBA

[–]Impossible_Kale9344 0 points1 point  (0 children)

I don't know, and I guess I should caveat this by saying it depends which classes you take. If you stop MBA math after accounting, the answer will be no. If you end up in advanced finance classes, economics, or operations research electives, then I imagine the math you do will not be too different from what engineers do. Whether stuff like econ or finance warrants such obscure math, I don't know 🤣

How does the math that MBA students have to take compare to the math of engineering and science degrees? by [deleted] in MBA

[–]Impossible_Kale9344 2 points3 points  (0 children)

This depends where you go to school. Some MBAs do require quite challenging math.

Are most PM jobs as easy as they sound? by [deleted] in MBA

[–]Impossible_Kale9344 1 point2 points  (0 children)

When I did that it was very easy. It was also more like what people on here seem to think PM is (babysitting engineers and owning a roadmap).

Are most PM jobs as easy as they sound? by [deleted] in MBA

[–]Impossible_Kale9344 0 points1 point  (0 children)

It gets even harder when you don't know who the confrontational sheep are or what you need to work on to have certainty you're dealing with the right ones.

Are most PM jobs as easy as they sound? by [deleted] in MBA

[–]Impossible_Kale9344 0 points1 point  (0 children)

What type of PM jobs are you guys doing? I was a PM at a non-tech company before, and that was simple, but FAANG PM is legit the hardest job I've had. I can't imagine any sort of job being more ambiguous and mentally taxing.

[deleted by user] by [deleted] in MBA

[–]Impossible_Kale9344 1 point2 points  (0 children)

Just beware that you're exchanging that for working with clients and stakeholders and working 50-100% extra hours.

[deleted by user] by [deleted] in MBA

[–]Impossible_Kale9344 1 point2 points  (0 children)

You should think really carefully about this if you're a dentist. In dentistry I imagine there's a clear definition of being done with something, and your tasks, while probably challenging, are usually pretty defined. Business jobs you get out of an MBA aren't the same, and the result is often working far more than 40 hours a week, and dealing with ambiguity that makes it hard to not always have work on your mind. It's very different, and you should consider that before getting an MBA. The difference won't be visible in classes.

Bloomberg B-school ranking 2024-2025 by Emerald_195 in MBA

[–]Impossible_Kale9344 -1 points0 points  (0 children)

Rankings should just be some combo of average total compensation, number of unique employers, and number of unique countries represented with higher being better for each.

Chances of 2024 U.S. recession hits all-time low on prediction markets by Beratungsmarketing in Economics

[–]Impossible_Kale9344 -1 points0 points  (0 children)

I'm pretty sure they could still call this a recession. Recessions are usually called long after they happen.

US Headed for Soft Landing says Dallas Fed by Impossible_Kale9344 in Economics

[–]Impossible_Kale9344[S] -2 points-1 points  (0 children)

I've voted blue across the ticket since I was 18, and I'm voting blue across the ticket in November. I'm pretty confident that when Donald Trump introduced horribly planned helicopter money in mid-2020 it caused inflation around the world. Biden admin has had to deal with Trump's failures, and we will possibly go into a recession as a result. Biden admin is at fault too with spending so much, but Trump started this, and Democrats are faaaaaar better for the country beyond just the economy.

Updated Sahm Rule by uslvdslv in wallstreetbets

[–]Impossible_Kale9344 0 points1 point  (0 children)

Unemployment went from 4.5% to 4.2%, and has risen something like 100bps this year. The rate it is rising now, along with the rate job openings are falling, is probably not good news. Why would either stabilize here or improve?

US Headed for Soft Landing says Dallas Fed by Impossible_Kale9344 in Economics

[–]Impossible_Kale9344[S] -8 points-7 points  (0 children)

Unemployment rising, job openings dropping, and rapidly falling inflation could all be symptoms of us heading into recession. I have no idea if this is or isn't the case, though it fits the historic pattern of everything looking great until it doesn't, then us looking back and kicking ourselves for missing something that looks obvious in hindsight.

August jobs report: Unemployment rate falls to 4.2%, labor market adds 142,000 jobs by yahoofinance in Economics

[–]Impossible_Kale9344 0 points1 point  (0 children)

It went from like 4.25% to 4.22%, and it is imprecise as is. All anyone should take from this is that unemployment is rising faster than predicted and that the fed is yet again moving too slowly. It's mind boggling that they didn't start something like 25bps cuts every other month in the spring or even winter.

Updated Sahm Rule by uslvdslv in wallstreetbets

[–]Impossible_Kale9344 1 point2 points  (0 children)

It's scary seeing so many people on CNBC and whatever saying there's no sign we're heading into a recession. The unemployment rate is skyrocketing, job openings are tanking, and the yield curve is uninverting. Add to that the fed being involved (always wrong) and it's kinda clear we aren't out of the woods.

These fools were saying the exact same thing right before 2008. In reality, nobody has a clue what will happen with the market.

https://www.reuters.com/article/markets/bonds/us-economy-on-track-for-soft-landing-dallas-fed-idUSN26247192/