Chris
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I don't have any first hand experience with it but I've thought about going back and getting an MBA at some point so I always like to heard the experience of friends and friends of friends that went on to get an MBA.
What I've learned its really about the specific industry you are in and/or you want to get into. If you want to get a new job in the same industry, it might set you apart but it can hurt you in other industries or companies. You really need to talk to people who have done it in the job you want to do.
The finance guys that have done it, most ended up regretting doing it. They could have kept grinding and working their way up in those two year for an equally or better pay off. Most of the finance guys I know who did it went to top 10-15 MBA programs too.
I also know a couple people who went to do it as a change of career and it helped them out with getting a new job. Top 25 or even Top 50 schools are about making connections and using them to leverage a new job. I've always been told that a top 25 school is usual what you should aim for and you need to do your research on what companies partner with top 50 school. Like Case Western reserve was a top 50 school but they don't get alot of big companies to partner with them.
I also had a friend who went and did his MBA in accounting so he could get his CPA. I think getting the CPA helped him get a good job with his previous experience. He went to some regional school for his MBA and I don't think it seem to help him actually get the job but it didn't hurt. He didn't make any good connection thru the school.
I also had a friend get an MBA from an online school and he was in pharma sales. At the end of the day I think it actually hurt him. He did it for the pay raise because he was a regional sale manager and the company gave raises for degrees. I think the pay level made it hard for him to get other jobs because other pharma companies had similar pay strutures and it would set him apart in a bad way.
Interesting. I dont really have a career. I would more be looking for it help springboard me into a career. I was in sales, lost my job, dont really want another sales job. I guess I’ll have to do some research on the focus areas and see exactly what sort of job I would like to get into, but at this point I’ll be honest, I just need something.