Educated brehs, what's wrong with getting an MBA?

[-DMP-]

I'm currently getting one but my job is paying for it. If it wasn't for my job, I'd prolly try to specialize in something like finance or accounting ( I have engineer bachelor's)

But this one is free so

 

[Treblemaka]

MBAs only matter if you know what you want to do.

If you want to be C-level management at a company an MBA gives you a leg up, if you don't it may be a waste of money.

A lot of MBA programs are good for networking. You meet A lot of people who will be successful because they have the drive to be in an MBA program.

I'm getting mine as part of my retirement plan. I'll be in investing in real estate but right around the time I'm 60 I'd like to teach at a university to keep my mind active. You need a Masters most places to teach

 

[SheWantTheD]

Wouldn't a Masters in some shyt like Philosophy be useful if somebody wanted to teach philosophy?


Most advanced degrees serve a clear purpose.


If my child wanted to become a doctor I should tell them no because they'll be taking a lot of filler classes?

A philosophy degree is practically useless. Do you know anyone getting paid to teach that shyt besides for at a college? And do you really need to go to four years of schooling for that? Hell no. And did you even read my comment? I said the vast majority of degrees, not all.

 

[Reginald Noble]

I know too many Blacks with Master's degrees unemployed. Don't do it until you're 50 and in upper management already making $150k+

 

[Ohene]

It's because the MBA is way too general in a more complicated business landscape.

how so? i'm sure they specialize

the only knock is that its expensive. but you get into a good school? go for it
my friend is 26 making 140K. Just finished his MBA at the University of Toronto and landed a job at McKinsey. Of course he probably has anywhere from 50-100K in debt to payoff but the signing bonus alone will take care of a lotta that

 

[☑︎#VoteDemocrat]

Because that shyt is useless breh. Masters, PHD, all further schooling for what? All in all it's just making schools more money. Already wasted 18 years of my life going to public school, why waste an extra two or four years after getting your bachelors?

Student loan debt is no joke. I see people who got useless bachelors degrees only to go get another useless masters or Phd

You're broke.

Shut the fukk up.

 

[☑︎#VoteDemocrat]

You can. I could work in New York and get a job starting at 100,000+ fukk is you talking about. And you are assuming that I plan on working a job under someone else in the long run. Fukk that indentured servant/slave mentality. The vast majority of degrees in college are useless as you can self-teach most of those things. And more then half the classes you take are filler classes that don't mean shyt to what you are actually going to be doing on the job.

Its clear you're full of shyt or don't possess any skills that are particularly unique.

 

[☑︎#VoteDemocrat]

I see a lot of folks against getting one, but what's actually the problem with it?




If it came down to me and some random for a job, I'd rather be the one with a MBA who did great in school than the one competing against the guy with a MBA who did great in school


If you don't wanna get into the corporate world I could understand it being pointless. But I'm pretty sure most huge companies would hire a guy with a MBA from a good school first.

Depends what you want. I'm hearing CFAs are becoming a lot more popular.

 

[Reginald Noble]

how so? i'm sure they specialize

the only knock is that its expensive. but you get into a good school? go for it
my friend is 26 making 140K. Just finished his MBA at the University of Toronto and landed a job at McKinsey. Of course he probably has anywhere from 50-100K in debt to payoff but the signing bonus alone will take care of a lotta that

The problem is this is actually really rare and not as common as you think.

Put it this way - Regardless of education if you make more than 100k+ you are still in the Top 20% of all NYCers. That's not nationwide. That's NYC the most expensive place to live and you're in the Top 20%.

The higher you get the less jobs there are, so you are really rolling the dice by getting an MBA at a young age which if revealed precludes you from getting all but a few specific jobs. What happens if you get laid off? Not good.

 

[Reginald Noble]

Depends what you want. I'm hearing CFAs are becoming a lot more popular.

Correct, CFA is very valuable right now and will be en vogue for bare minimum another 10-20 years give or take. Depends what happens on Wall St.

 

[☑︎#VoteDemocrat]

A philosophy degree is practically useless. Do you know anyone getting paid to teach that shyt besides for at a college? And do you really need to go to four years of schooling for that? Hell no. And did you even read my comment? I said the vast majority of degrees, not all.

you shytted on bachelors, en masse.

Don't backtrack now. You exposed yourself. You're one of those "get money hustlers" not one of those "delayed gratification warriors"

Get your broke paycheck to paycheck bullshyt outta here.

 

[Wink Beaufield]

Nothing wrong with leveling up a bit with a masters. However you gotta have some experience behind that piece of paper. A hiring manager is more likely to pick up the breh with a bachelor's degree combined with years of experience over somebody with just a masters straight outta grad school.

 

[Ohene]

The problem is this is actually really rare and not as common as you think.

Put it this way - Regardless of education if you make more than 100k+ you are still in the Top 20% of all NYCers. That's not nationwide. That's NYC the most expensive place to live and you're in the Top 20%.

The higher you get the less jobs there are, so you are really rolling the dice by getting an MBA at a young age which if revealed precludes you from getting all but a few specific jobs. What happens if you get laid off? Not good.

i hear you...but at the same time if you look at salary statistics for good schools then youll see its not THAT uncommon.

thing is most MBAs are entering with work experience already. They're graduating at age 28 for example with 3-4 years experience since undergrad and a couple summer internships as well during their MBA. So its really not that far fetched for them to make that much bread. You just have to know whwat you're doing when you choose your school and enter the school because of how competitive it must be. If you know how to network at information sessions, participate in extra curriculars and are smart there is no reason you wont succeed with an MBA. You dont have to work in New York at Goldman Sachs to make 100K+. You can very well do the same working at a fortune 500 in strategy, corporate finance etc. There are many options.

If I ever get my MBA i think i'll be in a good position because i know how the system works. All that extracurricular, networking shyt comes relatively easy to me now. But for a science student or something the learning curve might be a bit different if they dont naturally have the social skills and ambition business students develop in undergrad. On top of that I have big 4 accounting experience that should provide a decent profile for me.

 

[Ohene]

Depends what you want. I'm hearing CFAs are becoming a lot more popular.

Indeed, however an MBA provides that valuable networking. Just gotta be creative otherwise. I remember a couple years ago in undergrad I was fedexing pkgs with some of my work (personal equity research reports) and resume to folks and shyt. Anything to standout.

 

[Skrilla]

Because that shyt is useless breh. Masters, PHD, all further schooling for what? All in all it's just making schools more money. Already wasted 18 years of my life going to public school, why waste an extra two or four years after getting your bachelors?

Student loan debt is no joke. I see people who got useless bachelors degrees only to go get another useless masters or Phd

I agree that college isn't what cacs try to make it seem, but if a breh is disadvantaged financially then his best option is usually either post secondary education including trade school or the military (but I wouldnt recommend going in there right now).

Because what generally happens is, if a breh doesn't want to go to college and get some sort of degree/trade, he will likely take whatever he can get which won't be much options wise, it definitely will be less options than the breh with the degrees has. He'll resort to hustling and risk landing in the cage, or work some dead end job til he's 65, if he can even find legal work. I'm not talking about OP but black men in general.

Black men with more education fare better than black men with less education on average. Degrees CAN be useless but it really depends on what the degree is in, if it's in something needed or useful somewhere it's worth it, without less education, a black male fares worse when it comes to employment/careers and salary.

I've been on the entrepreneurship wave for about a few yrs now though but what I did was go to college, got a pretty good job, stacked from chips from there and then used it to go into business for myself. I agree that the "American dream" they sell really is all a game, but it's about the way you play it