Business Forum: Is MBA degree worth the time and money?

  • Article by: Ronald M. Bosrock
  • Updated: April 25, 2010 - 5:41 PM

B-school curriculums will have to evolve to stay relevant, three business school professors argue.

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subhumanApr. 25, 10 6:42 PM

I have worked for and with had MBA's. Poor people skills, no business sense, what can the company do for me attitude and too worried about petty office politics. On the other side too busy psycho analyzing employees based on a few observations to make sure that you were reviewed based on 15 minutes of your worst day. Best manager I worked for barely graduated from high school, put the company first, had your back, was generous with praise and if you screwed up, you immediately knew. Not 6 months later during the review process like the MBA manager. There is hope, I have had the opportunity to meet some MBA's that are actually decent managers.

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mariamarsalaApr. 25, 10 8:27 PM

Social responsibility, common-sense skepticism and respect for people are things taught at home; things you learn by the time you're 12. Business skills can be learned; no MBA or college for that fact, necessary. Colleges help adults to stay at home longer or party.

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vikings1Apr. 25, 10 8:42 PM

"Business skills can be learned; no MBA or college for that fact, necessary." A pretty ignorant statement from somebody that thinks college is just partying and living at home. I'm curious what you think "business skills" entail in your world.

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chrispattyApr. 25, 10 9:16 PM

Unfortunately, the results of the survey didn't take one thing into account. The CEOs of these companies worked in an era when an MBA wasn't as necessary. It was mostly commitment to a company and climbing the ranks. Today's market is way too competitive and specialized that most employees with specialized skills stay with companies for 3-5 years then jump ship. An MBA is becoming the new method of distinguishing yourself much like the BA was a few decades ago. Take this survey in 20 years, and I bet the % of CEOs with MBAs will be significantly higher.

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mnhockey99Apr. 25, 10 9:16 PM

I am approx 1/2 way through the evening MBA program at UST and disagree with the generalizations made about managers with an MBA. One could argue that there are crappy managers that work at any particular organization, both with an MBA and without. I happen to enjoy enhancing my skills while working... not partying or staying at home (as one poster incorrectly assumed).

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jojoobooApr. 25, 10 9:42 PM

Does an MBA guarantee a job as a CEO? Of course not. Too many people have expectations that education automatically equals a quicker path to the top whether that education is in the form of a BA or an MBA or a PhD. Education should be valued first and foremost as valuable in and of itself. Any opportunities that come along still require hard work, strong/influential networks, and a decent amount of luck/timing.

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HealthcrusaderApr. 25, 1010:46 PM

Few MBAs can contemplate the competitive world markets and few have even left the country for more than a few weeks!

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wunderdudeApr. 25, 1011:37 PM

Young people. Race through the least expensive undergrad program you can fine and save your money for an MBA. That's where the payoff comes.

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ORIOLE75Apr. 26, 10 5:29 AM

I have been hearing those same criticisms of MBA programs for years. Yet graduates still get hired. I think the big corporations who hire them want them for thier number crunching and analytic skills, not touchy-feely stuff.

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EbuddyApr. 26, 10 7:43 AM

...but at some point you need to have the drive, ability, humility AND ego, not to mention work hard to get anywhere with it. Those that think that those three letters alone are the path to "Easy Street" are destined to fail.

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