I'm reapplying to MBA programs after being waitlisted but am curious about the importance of an MBA in getting in the door or riding in a larger corporation like Nike or Google, for example. I have an art background and most of my career is in marketing. Currently working as a project manager at a digital ad agency but want to know how important an MBA would be other than getting in the door at certain companies.
Yes, if your school has a lot of alumni at your target company or if your target company actively recruits from that school
Only apply for top 20 MBA programs or get specialized masters in your field.
That's what I've done. Waitlisted at Tuck but got the final rejection on Friday. Just trying to reassess before reapplying.
Check out the Medium post: “Only get an MBA if you’re willing to leave it off your resume” Having an MBA I felt it was pretty accurate.
There's a significant risk/reward problem with pursuing an MBA. Time not working and student debt will set you back a lot - will the additional income opportunity and employability of having the MBA offset that in a reasonable timeframe? MBAs are great for building a network, getting into consulting, and having an edge in some job roles, but for someone mid-career it's also a hole to dig out of.
Not worth it.
Except top10 .. All other sucks dont waste your time and money and effort
Worthless, unless you really can't get the job otherwise/need it as a crutch. Principal Product Manager here, no MBA. Look at what MBA coursework typically entails... it's 3/4 common sense and 1/4 stuff you can learn while getting paid doing your job. Ask to focus on product management work in your current job instead of being a project management robot and read Cracking the PM Interview for starters.
MBA also teaches you how to spot sample bias...as in everyone who doesn't have an MBA says it's worthless.
Have you been reading the other people in this same thread who have a MBA and wrote it had minimal impact on career, or they used it to land a job but it had high opportunity cost?
Unless it's GSB or HBS, tech companies don't care much. Anything below top 10 MBA just looks pathetic. It's embarrassing to get an MBA from Wake Forest or something like that. The education is mostly worthless - value is the signal of prestige, alumni network, and on-campus interviews. Which is tough to justify for $250k. You're better off just getting into the company you want in a lower paying job and working your way up.
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Depends on the program. Look at the employer lists of each school to get an idea of where the typical graduates work. Assume that a heavy amount indicates on campus recruiting and would give you a better chance at landing there. There are some local effects too (like U of W for Microsoft) but generally speaking the top 10 schools can get in anywhere. With your background, check out Kellogg's MMM program
That's the general sense I've gotten. I've been aiming high at top 10 schools for that reason since they can open doors anywhere, even internationally. But conversely also it's that much more competitive. I'm very interested in the MMM program but have been told by multiple people that it is mostly engineers, which obviously gave me pause. Is that true or have I been misled?
Used to be mostly engineers, two years ago it switched to design/MBA. Look at the website