Second, those of you who complain about not being placed in a high paying job after completion of your MBA have nobody to blame but yourself. Getting your MBA is as much about learning as it is networking with recruiters and alumni. In my opinion, your MBA coursework is less than half of what the process is all about. I come from a not very well connected lower-middle class family and have loads of debt. However, I did not use any of that as an excuse and reached out to over 150 alumni currently working on Wall Street. I landed an internship with a prominent Investment Bank and it was because of determination and perseverance.

I would also encourage you to not put so much stake in what school you go to. Yes, I do attend a top-tier school, but nearly every major university has successful alumni in all fields.

Believe in yourself, not in what others say (or post) and get the best out of your MBA. You can get your MBA anywhere, but IT’S WHAT YOU DO WITH IT that really matters.

I have been thinking to do an MBA from past two years but have not so far due to various factors and also I generally see people coming from engineering / software programming or finance background to do MBA, but as me currently working in Media industry not sure whether MBA is the right path for me to grow.

My current salary is GBP30,000 pa and I want to grow and advance in career and I always have this thing going in mind that will MBA will help me to step up the ladder.

I have always been passionate about MBA but will have to take loan apart from stretching to get into a good B-School.

I already hold a Master Degree in IT but surprisingly not working in IT industry. Since past 4 years I have been working in a Post Production company which provides services to Feature Film and Broadcast Industry and I handle the Business Development side.

I am interested in part time / executive MBA as I would also like to continue my job but at this point of time but I am still confused whether MBA is right for me or not due to the amount of money involved & my age.

Would appreciate your feedback and suggestions

Otherwise, I don’t see the point. If you’re bright and talented and motivated to learn, and spend a few years in dynamic, well-run companies getting good experience (and making contacts), you’ll succeed just as easily as anyone with an MBA. And you’ll learn as much or more about business. Conversely, having an MBA without all the experience and other attributes won’t take you very far.

I’ve worked in corporate jobs for over 20 years, and I haven’t known a single person who got promoted just because they went back and got an MBA. Do some serious research into whether it matters to your current company, your future desired employers, or your industry before you spend the money and time.

Another consideration is that if you won’t be working while completing the MBA, you’re losing a couple of years of salary on top of the cost of the program. Be sure to include that in the ROI calculation.

bailoutprizepatrol.com

Work is NOT about coming in around 9, reading news and personal email for an hour, grabbing a Starbucks, doing a little work, leaving for lunch at 11:30 (so it won’t “take so long to get served” during the lunch rush), moseying back sometime after 1 (because no one else is back until after 1 either so you “can’t get anything done”), checking work and personal email, doing Facebook for 15 minutes, doing a little work, going to a meeting, checking out last night’s episode of “Lost” online, doing a little work, then leaving around 5 or 5:30.

If you can look yourself in the eye and say “I’ve given my employer an honest day’s work for an honest day’s pay”, are motivated by doing a great job every day because it’s the RIGHT THING TO DO, and believe pursuit of the MBA will enhance your work ethic, positive attitude, and problem solving skills, then it WILL pay off for you, eventually.

People who whine about it doing nothing for them don’t recognize that THEY are the problem, not the degree.

ACTUALLY WORK FOR 40 HOURS A WEEK or more, then see what happens to your future in your organization. When we do layoffs, it is ALWAYS performance based. The lazy lame-os who think we owe them a paycheck for showing up every day are the first to go.

This is why I have begun to look globally, to see I can find a similar style economy with an obvious trend.

Fingers crossed the link you’ve provided will get me somewhere

Thanks for your time

Alex

I am a second year Economics undergraduate studying at the University of Bath and have undertaken a group project looking at the employment prosepects for undergraduates given the current recession.

One of my duties is to try to find evidence of changes in applications for masters degrees during previous recessions, to show trends and make a prediction on what may happen during this recession.

If anyone could point me towards any articles or datasets that will help my research I would be extremely grateful, I have spent almost a day browsing now and come up with very little!

Thanks in advance for your time

Alex

Just like the overall problems with our economy, the motivation behind getting an MBA, along with the nature of people who seek MBAs, will change with time. Nature has already taken its course in the investment banking world to a good degree. Nature has also taken its course in the overthrow of the Republican party. It has also been a joy to see opportunistic major record labels get hit with the advent of the internet and mp3s. When Goliaths fall, they fall hard…the day will come when new innovators take their companies to the next level, with MBAs, lawyers, and investment bankers as the grease that helps turn the wheel, not the lever itself…