Is MBA overrated?
This is a very thought provoking article from Business week. The gist of the article is that an MBA degree from a top10 school doesn't guarantee a spot in the stratosphere . To reach such echelons requires hard work, time and effort. Some keys stats were:
A) Only 1/3 of the top exec at S&P 500 are MBA
B) And 2/3 of these guys got executive MBA
But an interesting point in favor of MBA was that in general people with MBA degree took home 19% more salary than their non MBA peers. Learnt a lesson today : While MBA can only open the door, to reach the stars would still need lots of hardwork.
A) Only 1/3 of the top exec at S&P 500 are MBA
B) And 2/3 of these guys got executive MBA
But an interesting point in favor of MBA was that in general people with MBA degree took home 19% more salary than their non MBA peers. Learnt a lesson today : While MBA can only open the door, to reach the stars would still need lots of hardwork.
posted by MGalBlue at 8:36 PM
10 Comments:
tahnks for stopping by my blog, Ross is a great school, have a great time.
I think the obvious flaw in the businessweek analysis is that they limit their pool to Fortune 100 companies and that current execs are people who would have done their MBAs in the late 70s when it was considerably different (and less popular) Still gives one pause, though.
Gee thanks MBAGal. Rock Ann Arbor, will you?
I am too a student of MBA (Univ of Strathclyde, Glasgow, UK)
I agree that the MBA qualification now has become a basic requirement to be considered for senior management roles...nothing special. ...and at least in the UK, from a job perspective, all that matters is your pre-mba experience.
All the very best.
Very nice! I found a place where you can
make some nice extra cash secret shopping. Just go to the site below
and put in your zip to see what's available in your area.
I made over $900 last month having fun!
make extra money
Very nice! I found a place where you can
make some nice extra cash secret shopping. Just go to the site below
and put in your zip to see what's available in your area.
I made over $900 last month having fun!
make extra money
Thanks for the link. Interesting article. But too much of statistics in there..makes me cynical of its arguments.
However, I agree with your summary.(While MBA can only open the door, to reach the stars would still need lots of hardwork.)
Hence my choosing of Haas over Wharton.Though MBA helps catapult one's career, he still needs to work hard to earn it. Thanks for stopping by my blog and Ross is definetely good choice. I am sorry that I won't get to do MAP at Ross :(
Thanks!
I think i will love tuck!
Are you coming to GBR?
Check out the video I have posted...
Post a Comment
<< Home