but seriously, whats the big deal

I'm Krallum and I approved this message.

4/23/2012 12:57:06 PM

Quote :

"the reason I say that those who evaluate MBAs on cost alone are the worse types of MBA candidates is because it is clear that they want the degree for the title alone and not necessarily for what they will learn."

Honestly, if the only reason you're getting it is because your company will pay for x amount why would you pay $texas? Get the piece of paper so you can get your promotion and get on with your life.

4/23/2012 1:34:15 PM

it's a fucking business degree; it has money in the title.

there's nothing noble about studying business for business' sake.

4/23/2012 1:42:46 PM

yeah I'd be interested to see how many people have a FT job before starting the MBA. At that point the prestige of the program is going to have very little influence (unless they are not just going for a promotion but jumping ship).

4/23/2012 1:45:43 PM

^I agree

I have a FT job and plan to be here for the long haul. My company reimburses up to $5k a year and I decided to take advantage of it. I already have 2 engineering degrees and my PE License so this is really icing on the cake. I feel that these business classes will help me be a better manager in the future and help me move up in the company.

4/23/2012 1:50:12 PM

The vast majority of day timers do have full time jobs before they join an MBA program but the prestige still plays a large role in what future jobs they get. I don't see how this is hard to comprehend.

Quote :

"there's nothing noble about studying business for business' sake."

i, like many other people here, have two engineering (technically 3) degrees and have found the MBA program that I attend to be far more analytical than experienced in state's engineering program. The abilities I'm gaining there are far more essential to problem solving than the majority of what I learned in EE(/CpE) and ME.

Quote :

"Let's say I'd prefer to live in the Southeast rather than the Northeast. Will NYU add that much more value over UNC-Ch? Maybe not."

The conversation was clearly structured around same state since we discussed NCSU/UNC/ECU. Straw man at its finest.

4/23/2012 2:24:47 PM

I have yet to refer to NCSU/ECU. I was talking about UNC (the subject of the thread). The only other two programs I've referred to are Harvard/Stanford, so I'm not sure where you got that.

And we were discussing why you select a program. It's not for the rigor of the program, it's for the potential jobs you may get afterwards.

4/23/2012 3:19:23 PM

if you read page one you'll see comparisons about the cost from ecu, campbell, ncsu etc...

again, the quality of the job after is strongly correlated with the rank of the program, a fact that reflects rigor.

4/23/2012 5:18:17 PM

I guess we will have to agree to disagree.


The top companies recruit the top schools because they know only the brightest and hardest working (with a few exceptions from rich families) got into those schools.

Not because one school knows more about business than another. Schools know very little about business for the most part. Most formal education is based on government indoctrination. Economics for example where they don't even teach things that conflict with liberal ideals.

4/23/2012 6:51:03 PM

actually fuck it.

[Edited on April 23, 2012 at 6:59 PM. Reason : i'm not going to argue about mba's. go forth and get everything you can, you fucking capitalist.]

4/23/2012 6:57:53 PM

Usually the mba guys know a lot less about their business than the people under them when they first start.

Definitely true in finance where the analysts and associates usually hate each other.

When you come out of mba you have to unlearn what they taught you, especially any ethics classes you had if you want to work for Goldman or now apparently even walmart

4/23/2012 7:19:42 PM

^3 econ in an MBA program is typically austrian/chicago...pretty far from liberal...

4/23/2012 7:34:00 PM

The Jenkins MBA program is a good program.

4/23/2012 7:53:57 PM

^^ you have no idea what you're talking about.

this is straight up from the intro paragraph on http://en.wikipedia.org/wiki/Chicago_economics

Quote :

"A deep commitment to rigorous scholarship and open academic debate, an uncompromising belief in the usefulness and insight of neoclassical price theory, and a normative position that favors and promotes economic liberalism and free markets."

4/23/2012 7:59:20 PM

MBA is a catch 22. If you choose to go the MBA route, that means you don't actually have the entrepreneurial balls to start a successful business.

At best, you get an MBA to climb the corporate ladder to ride the coattails of someone who actually did have the skills to build a business. This can certainly be a lucrative route, but it's pretty pathetic.

The years you waste getting an MBA are years you could have spent learning how to be an entrepreneur. The vast majority of the fortune 500 isn't even run by MBAs, let alone founded by MBAs. More Fortune 500 CEOs don't even have graduate degrees.

So, not only does and MBA have a low ROI, it doesn't even teach you any useful business skills. It does teach you how to be a crank-turning middle manager, though. What kind of vapid leech wants that??

http://www.cbsnews.com/8301-505125_162-51170538/five-hard-truths-about-the-mba/
http://jeffreypfeffer.com/wp-content/uploads/2011/10/AMLE-Sep2002.pdf



[Edited on April 23, 2012 at 9:31 PM. Reason : .]

4/23/2012 9:13:07 PM

^^ you're not that dumb, are you?

liberalism and free markets is entirely different from than liberal ideals.

just in case you are that dumb, liberalism and free markets is liberal in the sense of a free market, its austrian and Hayek. When face was discussing liberal ideals that was as in keynesian economics and demand side.

4/23/2012 9:24:29 PM

Also, I don't know how this is even a debate. face is right. If you are paying the same price as Harvard, you are fucking stupid. Same cost, very huge difference in outcomes. It's not like the data on this is secret.

The material you learn is useless and irrelevant. MBA is all about the name on the degree and the people you know. There are about 10 MBA schools that matter, and UNC is not one of them.

4/23/2012 9:46:38 PM

^^ I think you may underestimating the value of your EE degree from state. The main factor in me saying that I find the degree and the process of getting the degree build the way you think from this point forward. It is why I love hiring NCSU EE/CPE grads.


Which MBA program do you/did you attend?

My personal opinion of the programs in NC are as follows.

1)ECU/Campbell - Experience level of professors not high enough to promote conversations that help you get a new perspective.
2) NCSU - Strengths are the technology focus and the real world projects. Neither Duke nor UNC have projects in there executive or part time programs that allow you to work with companies on projects and build your network. Weakness is if you are looking to move into finance field you will be significantly behind your peers coming out of Duke and some behind the peers at UNC.
3) UNC - Good ranking and ability to cover a variety of topics with some good teachers. Weakness is for the cost you do not get a differentiated level of students to provide that high level executive network to help you move and great leadership perspectives.
4) Duke - Best in the state by far even if the rankings are close, weakness is the rigor of the program for the executive program. They lower it some to accommodate/attract people who are already executives and worried about weekly time in getting the MBA.

4/23/2012 10:48:35 PM

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4/24/2012 7:04:43 AM

^^I'm don't feel that I'm undervaluing the EE degree at state, since I have one. But then again people have different expectations for themselves and those around them.

I am currently in Duke's Day Time and finish this May. I do know that the EMBAs take the same exams as us- we're advised not to interact with them to insure the integrity of exams- and take 3 classes every 8 weeks as compared to our 6. To me their only weakness is in that they get limited electives- only 4 compared to our 12+. However, IIRC that is more than UNCs emba and more than state's part time.

Funny aside, I had a full scholarship to state and turned them down based on the caliber of the students i saw when i was at the open house. Then I realized that if I did EMBA at Fuqua (which my company would pay for) I take only two classes less than State's full time. I considered EMBA for a while but I wanted a full time experience so Day Time it was. What most people don't know is that if you're in a really good program that you won't actually pay much after your first half or full year. It is not uncommon for your internship to offer to pay for your next year if you come work with them afterward. This also comes with the promise of a signing bonus, which typically covers any living expenses you would have incurred that previous year.

4/24/2012 9:17:41 AM

Just saw this ad for the first time, pretentious pricks

3/20/2013 2:14:28 PM

I know a guy that started there last year. He's the kind of guy you would describe by saying, "He's a nice guy but..." He's an idiot, barely got out of undergrad with something like a 2.1 GPA. Plagued by one bad decision after another of the facepalm caliber. He was working at some dead end job in RTP and boy did he let getting into this program go straight to his head. Everything is "Kenan-Flagler this..." or "Kenan-Flagler that..." Tarheels this..." and "Tarheels that...", etc. He used to at least be likeable. I mean, he had that going for him. Now he's just the most pretentious unc douche you've ever met. It makes this add completely laughable.

3/20/2013 3:36:53 PM

u sound mad m8

I'm Krallum and I approved this message.

3/20/2013 3:44:05 PM

^^how the fuck did he get into an MBA program with a 2.1 GPA?

3/20/2013 4:04:33 PM

work experience? Although all he did was stare at chromatograms all day and click on stuff. Maybe he had good references? He got wait listed there at first but he did make it in.

3/20/2013 4:28:18 PM