4 ms·
So you're saying that in the US someone with an MBA from a school located in a country other than the US/UK (where most "top schools" are) would get no benefit
by rpgmaker 11y ago
So you're saying that in the US someone with an MBA from a school located in a country other than the US/UK (where most "top schools" are) would get no benefit from it, regardless of how prestigious said school is?
- Johnie 11y agoMuch of the value of the MBA is the network. I would even go as far as to say most of the value of the MBA is the network. If the network from your MBA program abroad isn't that strong in the industry that you work in or in your geography, you'll get minimal value out of it. If the network from your MBA program is not in senior (or more senior positions than you are), you'll get minimal value. This is why there is a pareto distribution between the top programs and the other tiers of programs. There are plenty of foreign MBA programs that have robust networks in the US. Take a look at the Global MBA list. http://rankings.ft.com/exportranking/global-mba-ranking-2015/pdf http://rankings.ft.com/exportranking/global-mba-ranking-2015... Within the top 15 globally: Insead (worldwide), Iese (Spain), Ceibs (China), HKUST (China), HEC (France). Although not in the top 15, IIT has a robust network in the tech industry.
- mathattack 11y agoIIM as well has a robust network. My overall impression is you get much more benefit from people you know from the experience rather than random strangers who you might call out of the blue. (On-line programs struggle with this a lot) I also wouldn't short-sell the opportunity to do a career reset. If you have a CS degree and want to go into Finance or Marketing in a tech company, the MBA can give you that reset. (Or banking or consulting)
- mathattack 11y agoIt's not quite that black and white. But here's what I will say: 1) A self funded MBA from a 3rd tier school is rarely a positive NPV transaction, especially when you view the opportunity cost. (A lot of hours that could be spent doing something else productive) 2) There is an enormous gap between the outcomes of top schools and everyone else. 3) There are very good schools outside the US and UK (Insead in France and Singapore, Rotterdam in the NL) but in general the further you go from the US, the less value from the MBA. Am I saying that nobody ever should attend a foreign school? Absolutely not. But similar to law school, most MBA programs are very overvalued and overpriced.
- rpgmaker 11y ago> 1) A self funded MBA from a 3rd tier school is rarely a positive NPV transaction, especially when you view the opportunity cost. The only reason I'm even considering it is because I may have the opportunity of doing it using a scholarship so thanks for your answer.
- mathattack 11y agoIt's still an opportunity class. Do your best to get as good a program as you can, and learn the things that are best learned in school. (Nobody will ever learn Accounting on their own, so it's best to learn in school. You may be able to pick up Marketing Strategy and Advanced stats outside of school if you're so inclined) Best of luck with whatever path you choose. Once you decide, go "All in" with it!
- rpgmaker 11y agoYour comments have been very helpful. Thanks!