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The Eroding Power of the MBA

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  • haiehaie Member, Swaye's Wigwam Posts: 22,155 Swaye's Wigwam

    FireCohen said:

    haie said:

    MBA has lessened substantially because computer science/math BS people can be taught all of that in a company setting.

    My wife graduated from Foster with good grades and then breezed through University of Portland's MBA progrum, and we've decided that if any mba knowledge would be needed it would be me going back to school or learning from her on a per-skills basis for my company.

    Why mba at Portland?
    They live down that way. If I were to get an MBA in the greater Portland area, that's the one I'd get (also, it may be the only one available ... does Portland State offer one?)
    Yes, it was partly because of UP's location just on the south side of the river, and partly because if you have a business degree from UW you can bypass a lot of their MBA requirements and only be in it for a year(ish).
  • Pitchfork51Pitchfork51 Member Posts: 27,068
    I was debating getting one a few years back. But then I got into the tech thing and find it pretty pointless. I really have no desire to work in a large company again
  • creepycougcreepycoug Member Posts: 23,635

    I was debating getting one a few years back. But then I got into the tech thing and find it pretty pointless. I really have no desire to work in a large company again

    If I were in the place in life considering further business Ed, I'd go hardcore finance & fin tech at the best school I could get into. Because business people are still a punch of prestige-chasing guidos, and because of the contacts. And it's not like you're going to get an inferior education.

    If I were an undergraduate and wanted to head into finance later on, AND if I weren't at an Ivy League or equivalent school, I'd go accounting and minor in data science. Accounting is, to me, the best undergraduate business education ... it is the language of business and the kids who understand are ahead of the kids who think they understand capital markets right out of school. Little secret: you get plenty of finance in the accounting track, and a lot more.

    If were an an undergraduate at an Ivy Leage or equivalent school, I'd go old school and get my undergraduate degree in Econ and supplement that with a math and/or data science minor. Then I'd go to work with those raw skills, kick some fucking ass, and then go back and get the pretty MBA from a top school.

    Even though Foster has become really strong, I'm not sure I'd bother with it as a mid-career step myself. Unless it were to concentrate on something super specific that I needed/wanted to change career directions. But as an undergrad in Finance at the school they now call Foster, I'm really not going to learn a whole lot in an MBA curriculum, particularly given what I have been doing for a living for the past 20 years.

  • Pitchfork51Pitchfork51 Member Posts: 27,068

    I was debating getting one a few years back. But then I got into the tech thing and find it pretty pointless. I really have no desire to work in a large company again

    If I were in the place in life considering further business Ed, I'd go hardcore finance & fin tech at the best school I could get into. Because business people are still a punch of prestige-chasing guidos, and because of the contacts. And it's not like you're going to get an inferior education.

    If I were an undergraduate and wanted to head into finance later on, AND if I weren't at an Ivy League or equivalent school, I'd go accounting and minor in data science. Accounting is, to me, the best undergraduate business education ... it is the language of business and the kids who understand are ahead of the kids who think they understand capital markets right out of school. Little secret: you get plenty of finance in the accounting track, and a lot more.

    If were an an undergraduate at an Ivy Leage or equivalent school, I'd go old school and get my undergraduate degree in Econ and supplement that with a math and/or data science minor. Then I'd go to work with those raw skills, kick some fucking ass, and then go back and get the pretty MBA from a top school.

    Even though Foster has become really strong, I'm not sure I'd bother with it as a mid-career step myself. Unless it were to concentrate on something super specific that I needed/wanted to change career directions. But as an undergrad in Finance at the school they now call Foster, I'm really not going to learn a whole lot in an MBA curriculum, particularly given what I have been doing for a living for the past 20 years.

    Ah my swarthy friend. You forget that I am a true sales guy and a finance/econ major at heart.

    And therefore I get along quite swimmingly with my bros aka the ceo and cfo.

    But they also think I'm magical because I build cool shit that their sales reps like
  • PurpleThrobberPurpleThrobber Member Posts: 44,749 Standard Supporter

    FireCohen said:

    haie said:

    MBA has lessened substantially because computer science/math BS people can be taught all of that in a company setting.

    My wife graduated from Foster with good grades and then breezed through University of Portland's MBA progrum, and we've decided that if any mba knowledge would be needed it would be me going back to school or learning from her on a per-skills basis for my company.

    Why mba at Portland?
    They live down that way. If I were to get an MBA in the greater Portland area, that's the one I'd get (also, it may be the only one available ... does Portland State offer one?)


    Master in Burning Assets
  • RatherBeBrewingRatherBeBrewing Member Posts: 1,557

    FireCohen said:

    haie said:

    MBA has lessened substantially because computer science/math BS people can be taught all of that in a company setting.

    My wife graduated from Foster with good grades and then breezed through University of Portland's MBA progrum, and we've decided that if any mba knowledge would be needed it would be me going back to school or learning from her on a per-skills basis for my company.

    Why mba at Portland?
    does Portland State offer one?)
    That’s where I started mine while I had a year to kill before JD. They offer a few options besides just full time and part time. JD/MBA with Lewis and Clark and an MBA in public health with OHSU. Looking it up now it’s ranked ahead of UPs, but at the time I didn’t even bother researching. I just lived a short walk away so it was convenient and my work would pay most of it. Since then PSU built a really nice looking new business school building that opened a year or two ago, it looks like an IKEA fucked a modern art museum and it’s the offspring.

    In the Portland area, in addition to PSU and UP, there’s also Pacific and George Fox. Marylhurst used to have one but they shut down, leaving nuns with an incredibly valuable piece of land. Oregon has a campus in Old Town and they offer an Executive MBA, you can also do 3L there instead of in Eugene. More recently Oregon State moved into part of the Meier & Frank building and they do some online hybrid thing. Willamette as well, and that might actually be easier to get to than George Fox.

    Warner Pacific does as well, but I’m loath to even acknowledge their existence. Years ago a recruiter contacted me on their behalf and inquired if I was interested in an open position they had. They had a really impressive list of desired qualifications that I didn’t meet, so I was curious what they were paying. It was downright fucking offensive. Not just unrealistic, but we’re talking like receptionist level pay for 10 years experience preferred and an MBA or JD. I had to ask twice to make sure she didn’t say ‘one’ in front of the number. I usually don’t feel bad for recruiters, but that poor girl must have had a lot of people scoff at her with that one.
  • Pitchfork51Pitchfork51 Member Posts: 27,068
    edited April 2021

    I was debating getting one a few years back. But then I got into the tech thing and find it pretty pointless. I really have no desire to work in a large company again

    If I were in the place in life considering further business Ed, I'd go hardcore finance & fin tech at the best school I could get into. Because business people are still a punch of prestige-chasing guidos, and because of the contacts. And it's not like you're going to get an inferior education.

    If I were an undergraduate and wanted to head into finance later on, AND if I weren't at an Ivy League or equivalent school, I'd go accounting and minor in data science. Accounting is, to me, the best undergraduate business education ... it is the language of business and the kids who understand are ahead of the kids who think they understand capital markets right out of school. Little secret: you get plenty of finance in the accounting track, and a lot more.

    If were an an undergraduate at an Ivy Leage or equivalent school, I'd go old school and get my undergraduate degree in Econ and supplement that with a math and/or data science minor. Then I'd go to work with those raw skills, kick some fucking ass, and then go back and get the pretty MBA from a top school.

    Even though Foster has become really strong, I'm not sure I'd bother with it as a mid-career step myself. Unless it were to concentrate on something super specific that I needed/wanted to change career directions. But as an undergrad in Finance at the school they now call Foster, I'm really not going to learn a whole lot in an MBA curriculum, particularly given what I have been doing for a living for the past 20 years.

    I agree that accounting is a good move. You have to learn it regardless. Hell I have no know a lot of accounting even for my job because our cfo and I are bros and do all the shit together.

    If I were doing accounting/finance in a larger company is get the mba no questions asked.

    I actually took a few accounting refresher courses the past couple years because I couldn't remember wtf he was talking about.
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