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Let us not forget that MBA programs are one of the biggest, and quickest growing, forms of graduate education in the country. They're also one of the most expen
by dmh 16y ago
Let us not forget that MBA programs are one of the biggest, and quickest growing, forms of graduate education in the country. They're also one of the most expensive, offer few scholarships compared to other para-professional training, and cost very little to operate. And questionable online-only programs are sprouting up, and not just from bullshit schools.
Training high-paying MBA students is a huge financial gain for the school doing the teaching. Yet, there are few standards and core concepts to ensure quality education, leaving a huge spread in the quality of graduates.
Your MBA, oftentimes, pays off more for the school more than for you.
- slantyyz 16y agoAround the time I was finishing up mine (1994), the prices skyrocketed. I think my fees were just over $2K CDN/semester x 4 semesters (back when the US dollar was super strong), and then universities started introducing accelerated "executive MBAs" that cost well over $20K for 6 months. I got my ROI a long time ago, but if I had to do it again today, I wouldn't bother. You have access to so much information these days (BBS's were how you communicated back then, not the www, and the idea of youtube was just c-r-a-z-y) that it's hard to justify the high costs of tuition.