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Hi everyone, I like many people am asking the same question as many do after the getting that BS in business admin. What next?
Here's my deal. I live in a very depressed rust belt city. I have great grades, great extra-curriculars, and good work experience. I have applied, and thus far have three offers in the Buffalo area, none of which pay over $30,000 a year, which is pathetic.
I have also been accepted to Oklahoma Christian University to get my MBA, it costs $15,300 for the entire program, which lasts 1 year. I would love to spend a year in OkC.
So this is my question, would you go for the MBA, or keep looking. From what I hear entry level jobs almost always want entry level candidates, even though I am willing to self-relocate. I have a good job, and just finished paying my last student loans off (1 month before graduation), and I've got around $7000, please about $2000 in my 401k… So I can survive without work for a bit…
Agreed...the better MBA programs want you to have work experience. So much of an MBA is comparing industries and talking about real world situations--if you have no experiences to bring to the table, you won't be able to contribute much.
Generally, 3-5 years work experience is suggested before applying to an MBA.
Unless you're in the sciences, working for a few years is a better bet. You can pay down/off any undergrad loans and save up some money. I made the mistake of going straight into grad school. I did my MA then took a few years off before doing my terminal degree. My work experience helped to get into a great program and I also have a much clearer idea of what I want to get out of it now that I've been in the workforce. While I'm sure the school you're going to is fine, you'll find that you will get better jobs from a school with a bigger reputation, and you'll have a better shot at getting into those bigger schools if you get some good work experience first.
Glad I read this thread. I've been regretting not going straight into a Masters program after getting my Bachelors. Been thinking of going back now after 3 years of full time work.
Glad I read this thread. I've been regretting not going straight into a Masters program after getting my Bachelors. Been thinking of going back now after 3 years of full time work.
I have a three year gap between my MA and my MFA when I go back to school this fall.
Best decision I ever made. I had the option to go straight into a Ph.D. and I shudder to think where my life would be now if I'd done that.
Hi everyone, I like many people am asking the same question as many do after the getting that BS in business admin. What next?
Here's my deal. I live in a very depressed rust belt city. I have great grades, great extra-curriculars, and good work experience. I have applied, and thus far have three offers in the Buffalo area, none of which pay over $30,000 a year, which is pathetic.
I have also been accepted to Oklahoma Christian University to get my MBA, it costs $15,300 for the entire program, which lasts 1 year. I would love to spend a year in OkC.
So this is my question, would you go for the MBA, or keep looking. From what I hear entry level jobs almost always want entry level candidates, even though I am willing to self-relocate. I have a good job, and just finished paying my last student loans off (1 month before graduation), and I've got around $7000, please about $2000 in my 401k… So I can survive without work for a bit…
What do you all think?
Work first. If you research MBA programs, you'll see that credible MBA graduates who are taken seriously come from top-ranked schools and have several years of work experience. As an MBA recipient myself, I can tell you that it is a practical degree; it's generalist degree about how to work with people and make a buck, and it is much more beneficial if you have some practical instead of purely theoretical knowledge.
In a few years, you could have experience and qualifications to go to a much better MBA program than that one, and you will significantly increase your probability of an even greater earnings jump coming out of the program.
Ambient's post is excellent advice. There is no more watered down masters program than an MBA thanks to all the fly by night matchbook universities out there offering it. The work experience will reward you 3 fold over an MBA. If in your profession having an MBA will help you climb the ladder, then you can pursue it. Make sure that you attend a university with a known reputation.
Also, don't overlook getting a masters in something else that might enhance your career even more such as some form of information technology or public administration. This, of course, depends on your career path.
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