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It'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
by mathattack 11y ago
It'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!