What Is an MBA Degree? (What You Learn & WHY Employers HIRE MBA Grads!)
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- Äas pĆidĂĄn 30. 10. 2020
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What is an MBA degree? More importantly, what exactly do you learn in an MBA program and why do employers seek out MBA graduates?
In this video, I'll explain what you learn in an MBA (Masters in Business Administration) program and how it can make you more competitive in the job market.
An MBA is NOT a guarantee of any future career advancement or salary - it is entirely up to you in how you network, explore opportunities, and market yourself. An MBA, however, gives you a BETTER chance of doing exactly that.
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đđđQUESTION: What do you think of the MBA degree and do you think its as valuable today as it was 10 - 20+ years ago? If you have one, did it meet your expectations as far as giving you the tools and credentials to advance your career? Leave a comment down below! đđđ
I believe its even more valuable then 20-30 years ago. I dont have my MBA yet. Im on the first pages of my MBA i found your channel when i made my final quality decision to continue on my journey earning my business degrees. After looking at many mba videos i found your's to be more no non-sence information bases and explaination. Because of that i decided to subscribe to your channel. Please dont change the content im finding it very helpful to my journey
@@rebeccaramirez- all the best to you
I believe the MBA is now the standard as I see bachelors going the way of high school diploma. 20 years ago an AA was all that was required. Bachelors was standard and masters were way fewer than today. I see doctorates increasing in fields of STEM becoming more valuable for big tech
Hi Richard
Can someone with a third class get an MBA
â@@faithizehi2790hi there, I recently signed up for an MBA. From my experience, they require a 2.5 and above. I got in with a second lower class, supplemented by my stronger results in the A Levels/ SACE.
However, I read about another condition where they let people above the age of 30 enter with some years of working experience.
Doing my MBA now. Itâs SO incredible just wish I did it earlier in my career! Iâm loving everything about it. So much respect for MBA grads. Itâs TOUGH.
Congrats on making that happen! Which one did you go with?
Working on my general mba program. I haven't taken classes in ten years. Just finished my first class and it was pretty difficult lol, MBA 3060 Managerial Accounting đ
@@RichardWalls As a BSC IT Student.. from India, what subject should I go with?
Is MBA equals to a Bsc ?
@@vdaesshopping7244 howw..
MBA is matsers degree while BSC is bachelor degree đ
MBA is very worth it, and you will learn so many things. I will be graduating by October 2021 as MBA. Thank God!
Home stretch! Good luck finishing it out!
I will be as well with a double concentration in healthcare and Financial management. Its been a trip but hopefully one that will pay off!
Congrats bro
I enrolled MBA today and I'm starting in October 2021. So excited!!
@@hanahodzic177 congrats & good luck!
MBA is definitely worth it. The connections I've made (professors, class, alumni), to doors opened for job make it one of the most transformative experiences in my life.
That's fantastic to hear - congrats!
Yep
Where did you go by the way?
@@kvin9210 I went to Duke Fuqua
From which college did you complete your mba?
MBAs are making a resurgence with the older generation retiring. I also found one of the most important classes you will take is organizational behavior. The ability to understand and work with people in organizations
Agreed - very important!
Iâve just completed my MBA - Leadership degree and it has already brought a lot of value to my career due to taking classes regarding organizational development
@@cw5046 good stuff
Thank you for this informative explaination of the MBA.
Thanks Rebecca, glad you found it useful!
Very comprehensive review of MBA shared. Thanks.
Glad you found it useful!
Richard great video brother. I have a question tho, I really wanna own or lead big companies in future, innovation + leadership. I really do not know what I like or wanna do in business. I do not like paperwork, more doing stuff and planning and working practically with team towards the goal. What economic degree would suit me best MBA or something else?
Thanks for the comment! MBA would be the best option for well-rounded business sense.
I am 42 and now taking MBA because it's needed when we are in management level. My college background is mechanical engineering. Hopefully I can graduate in 2022. And also, taking MBA will open our network widely. Thanks Richard for the explanation...
Thanks for the comment, Slamet - great to hear and good luck finishing your MBA!
Richard Walls - Career Dev & Can you share with me PowerPoint presentations or PDF of the content of the subjects that you saudĂes in the MBA? Please, I would give my e mail, i just want to study more
Engineering and MBA is the best combination, youâll do great things!
do you have a LinkedIn? I'd love to connect and ask you about your experience. I'm getting my bachelors in electrical and computer engineer, and I'm thinking about getting my MBA as well
Thank you. I have the same background and thinking about bce I want to go from just Engineering to Management
I was accepted into Johns Hopkins MBA program! Excited to start this fall. Great video man, I learned a lot of new info that I didn't know. Thanks!
That's fantastic - great school! Congrats and good luck!
Paying yourself?
Report back! How did you like the program? Was it as beneficial (so far) as youâd hoped?
Thank you, very informative content. I have just graduated with 4.0 from one of Louisianaâs Universities. I also have an Associate degree in Accounting, but now leaning towards data science. I appreciate the information you have provided, particularly, on one of Louisianaâs programs.
Thanks Anna! Glad you found it useful! Congrats on graduating with such a strong GPA! đ
I completed my MBA at UCLA in 2021 with a specialization in Technology Management. My undergraduate is in Computer Science and my goals align towards Director of Technology and later CIO or CTO. I loved the program at UCLA and made a lot of great connections, but most of all, I learned a lot. Much of what I learned in my courses I was able to turn around and immediately apply it to my position at the time. Very tough coursework for sure, but the benefits are worth it. I took on a new position early last year and asked my boss if my MBA played a factor in my hiring (I wanted to know my ROI) and he said that it was a factor in why they offered me the position.
Hi Jonathan - that's fantastic! Congrats on completing the MBA and the new role! Always great to hear stories like that, especially for folks watching this video that are considering an MBA.
are u from a CS background?
Congratulations on your MBA. UCLA is a very great school.
wowww this vid was something I needed!
thank you for the great content
Thanks - glad you liked it!
This is very helpful. I am about to start the MBA program with emphasis in Healthcare Administration in a few months. I have a nursing background and my goal is to get up the ladder of the healthcare organization I am in. I am a bit nervous and excited because all my life I have my emergency nursing background but on the side I am an entrepreneur and I mostly have basic accounting, marketing and finance knowledge. Thanks for this video!
This was so helpful, Thank you so much !. I have an interview this week for Medical School and I am going for my MD and MBA. This was a great video for me to get my thoughts aligned and to prepare for when they ask me why I want both degrees.
Thanks for the kind comment, Rosalyn! Glad you found it useful, and best of luck on your interview!
Great channel Richard keep it coming new supporter here letâs grow đ
Appreciate the support!!
Thank you so much for this video. It was very instructive.
You're very welcome!
@@RichardWalls What sounds harder to your "ears"? 1. Certified Public Accountant or 2. Masters Degree in Statistics?
You realize that you expanded the words incentives matter into:âevery decision a company makes or that a team within a company does so with a specific outcome in mind đź
I'm getting my MBA from my state school, OSU, and I like what you said about adding a specialization to stand out among other MBA candidates. I was thinking along the same lines and decided that I am getting a concentration in marketing analytics as well.
Hi Gladson - marketing analytics is a great choice! And also your school just beat my Longhorns over the weekend. Our football team is in a...challenged place, to say the least. đ Best of luck in the program!
Hhahaha the joker with MBA corporate slaves are every where now
@@jandrex007 đ
I thought about doing the concentration in marketing, but since I currently work in finance, I donât think they will honor the tuition reimbursement program at work. So I might keep it general and choose one or two electives from marketing.
@@bloop8051 you can still do the concentration. An mba is broad in business knowledge so you could pick up the concentration, just donât tell management that you focused in that speciality đ
This is quite useful friend...thanks
Thanks Kowshik, glad you found it useful!
Thanks 4 this. Im also doing mine what an interesting degree im enjoying my Organisation Behaviour module particularly scenario and problem solving
I definitely recommend an MBA itâll help you in the long run once you get that experience! For the entrepreneurs out there it helps as well imo depending on much you want to scale. I own a small assisted living facility and a lot of lenders I talk to say an applicant with an mba in healthcare immensely increases their chances of funding.
Hi James - thank you for the comment! And really interesting point on your specific case where the MBA in healthcare helped w/ funding. There are probably more examples of this in other fields.
How do you start a assisted living facility? Iâm a cna and thinking about going to school for business related course and maybe create my own business.
Great video. I received my MBA in 2017 and am now going back for an MS in Business because of a cost opportunity and the fact that you get 2 grad certs during it. A video comparing an MBA to an MS in Business would be interesting.
Thanks for the comment! Worth a look, although I don't know how beneficial it would be to get an MS in Business, particularly when an MBA degree has quite a bit more recognition and is a degree that doesn't require explanation to employers.
@@RichardWalls youâre right, so I guess itâs not worth an in depth comparison. I wouldnât be getting the MS if it werenât for the large discount and the 2 grad certs.
Why not just go for data certifications?
@@RichardWalls Richard great video. Iâm a bit late to the video but I hope you see my comment and give me an answer. Iâm a medical doctor and own a real estate business. Iâm thinking of applying to university to study MBA. Do you think it will be beneficial or you will recommend another course all together????
In your video you focused a lot on people looking for jobs.
Iâve worked at agencies in digital marketing where weâve said NO to graduates with MBAs, even from some of the best Ivy League schools. Reason why was, they didnât have the knowledge to actually do the technical work needed. Thatâs definitely a reason why I didnât want to get my MBA, cause I saw it as not necessary. But, it wasnât until about 5 years where, Iâve realized that an MBA will allow me to learn more about management and to communicate better to the C-Suite. An MBA to me, is worth it, if you have a foundation to build off of, and your MBA can support it. Having a BA and MBA with no experience... equals to no success -> just entry level work.
Thanks for the perspective, Noor! Agreed!
Hi Noor E i read your comment. Can you advice me what major i should choose for masters degree. Im interested in marketing but i studied water resources management for undergraduate. I have no knowledge about marketing. What should i do whether i choose marketing or mba marketing. Actually even i dont know what is the difference between them
Where are you from nooreâ
So resourceful
I'm currently a business administration student and this video give the reasons why I need to study MBA degree in the future.
Hi Regie - glad this video helps!
Iâm currently in a fast paced one year MBA program at a AACSB accredited institution. So far, my experience has been positive and I see value in each class. My advise for people looking at the degree is to do your research on the different programs out there and understand the time commitment that will be required. Iâd say that if youâre willing to put in the time and effort that is required, an MBA might be for you, but if you think itâs an easy way out, save your money and do something else.
Thanks for the comment, Lily! And complete agree about the time commitment and the fact that it's not just an "easy button" to press for career advancement.
*advice
*an AACSB
What's your school?
@@marksalotsalot accreditation for business schools
Hi, ultimately I am looking to get my MBA, but I am only an undergraduate. For your undergrade, how important did you find your major? As a undergrad I will earn a BSA, but wondering how important the actual major was
Amazing video!
Thanks Giovanni!
Valuable video and moreover - valuable conversation in the comments, thanks!
Hi Leonid - thanks for the comment! Glad you're getting use out of it! đ
Agree with the good convo in comments.
Very helpful!
Glad it was helpful!
Thanks for the content. Im strongly considering to quit my job and start my MBA in September. Already doing to apply
Best of luck, Henry!
Iâm getting my MBA with an accelerated program. It definitely was the best decision I ever made.
Thanks for the comment Kyleigh! What does your career path look like? What do you plan to do w/ the MBA after earning it?
Hi Kyleigh! What school are you attending? I am in the process of searching for programs.
Very well defined
Thanks Akshat!
I have BSC in Mass communication and I am about to do masters in Business administration. This video was helpful, thanks.
Glad it was helpful!
I am now have my MBA course in China. That's pretty good. Besides of professional course we will have, we can make a acquisition in the school.
Nice!
Thank you for the video, I did EMB 2020, with no work experience, still looking for a job.
Networking is incredibly important! Where did you get your degree from?
@@RichardWalls Sheffield Hallam University UK
Nice explanation
I am thinking of doing an MBA next year, but it might still be a bit early as I don't have a lot of work experience. Graduate level degrees are also a lot more expensive than bachelors, andI graduated without debt purely because of my sports scholarship.... I will see what I do. Thank you so much for this vidđ
Glad you found it useful! Would highly recommend checking out my videos on my online MBA experience. Currently going through University of Illinois at Urbana-Champaign program, which is just $22K for a globally recognized brand name. There are a number of affordable options out there, but depends on your career goals and what you want out of the program.
Hello Richard! I start my MBA program next month with two specialties in Enterprise Risk Management and Insurance. Iâm also applying to law school next year. Iâm a licensed property and casualty adjuster, life and health insurance agent and paralegal. I feel an MBA will give me an advantage working with insurance defense law firms. Thanks for the explanation.
Sounds awesome, Maria! Best of luck!
My MBA will be from a top 25 program (EMBA), and will be paid for by the Army, I think that makes for a worthwhile experience and ROI :). The EMBA part Iâm a little nervous about since I am using the degree to pivot to a new type of role.
Hi Matthew - that's awesome, and good on you for pursuing the MBA! Anytime education can be paid for by someone else, absolutely take it - don't leave the money on the table! And EMBA should be totally fine. Best of luck!
@@RichardWalls Thanks!
Thank you for sharing this video. I have a BFA in marketing & design and an MBA specializing in Management. I've had both of my degrees for 5+ years now. I am innovative motivational visionary with many ideas. I am not a fan of paperwork. I'm more functional and a strategist. Finding a career has been a challenge in that many employers want someone with experience or not willing to negotiate salary. My question is how do you gain experience if you are not given the opportunity to exemplify your KSA's? And with the current plight of things, and student debt, I want to avoid working in deficit. I mean why should it cost more to get to a job than what my take home pay would be. Hope I'm making sense. All the best to you and everyone. Stay safe and be well.
Hi Angelisa - if you don't have any work experience, you'd need to look at entry level positions. MBAs are helpful typically only if you have experience to go along with it, which is why it's very uncommon to pursue an MBA right after undergraduate school. Alternatively, you can do freelance consulting work to gain experience and build a resume that way. Upwork and Fiverr are two platforms to check out to connect w/ others than need work done.
excellent video Richard, could you tell me the difference between MBA and EMBA? Thanks a lot
Hi Ehsan - I've got a video coming out in the next two weeks explaining the difference. Short story is EMBA is a part-time MBA designed for working professionals that are more senior in their career (avg work experience of 14 yrs). Classes typically held on weekends.
really it is true sirđâ€ïž
Will be an MBA graduate next month. Yes it's hard, yes it took a lot of sacrifice.
God Bless.
My proudest achievement in school was getting an MBA. That does not imbue you with 1,000 of winning ideas for business success. Quite the contrary, it kind of squelches ideas...BUT it saves you a fortune, too. All the mistakes that naĂŻve people make, such as poor investments, poor 'advisory services' paid for, useless goodwill purchases...we avoid all of that and keep ourselves upright and in the black. The MBA gives you your own counsel, just short of an attorney or a CPA, so you can count on someone trustworthy, i.e. you...
Good points!
Im so glad i changed russian for MBA as a subject i will do exams of next year
Best of luck!
Thank you.
Of course!
Respect for making the content subtitled into Arabic â€ïž
I think CZcams might've done that for me, so I wouldn't want to take credit. đ But glad that there is an Arabic translation and hope that its accurate!
Thanks Mir. Please Give MAN Trish man course in detail
The best is to join Mckinsey when you just graduate with a BSc, they will pay a full MBA if you agree to come back to work for them a few more years, and knowing that you worked for McKinsey it's pretty much guaranteed to be admitted to Harvard, Standford, Kellog, Berkley, Georgetown, etc.
That's a good path if you can get into McKinsey and have them pay for an MBA!
I like the music background
Taking MBA is the most important thing I ever did in my life, Graduating in December this year
I came across this channel for guidance on getting an MBA. I am already accepted into a fully online one at the same college that I got my Bachelors from. The reason I would like to go for one because I am having no luck in the current job market finding a job despite a full resume and an internship under my belt. Do you recommend I go for the MBA if it's a general business one and not a specialization one? My bachelor's degree is Business Administration/Marketing, thanks!
perfect video actually i would like to know your opinion . i have done my bachelor in computer science and since then im working in a commercial banking ( around 11years now ) so now i have decided to do MBA .
but there are 2 concentratios which im double minded about them.
first one is MBA in MIS and the second one is MBA in bankin & finance .
so what is your opinion ?
Hi - I'd recommend MIS. You're already in banking industry, so if you enjoy the industry, you're not going to have problems moving up within the company or moving to another banking company. Having the MBA concentration in banking & finance, in my opinion, won't be a substantial value add. MIS, on the other hand, is applicable to most any industry and the skillset is a bit more transferable whether you stay in banking or shift industries.
Accounting, Finance, Marketing, SC, Process Management, Organziation, Leadership
Good list!
This is relative to my major. I use this career on my personal usage.
Great!
Hi, thanks for this video!
Question:
I come from a technical background and, since I am passionate about business, I am considering to complement my stem degree with an mba.
My main concern is that, career progress apart, the content of the typical mba seems to be mainly about business common sense. I might be wrong. Do you think that the informations you learn in such programs are valuable even if you already have a decent level of business acumen and knowledge about the basics of finance, accounting and marketing?
No problem! An MBA would be a great complement to a technical degree or experience. Although you may have good business acumen, unless you have plenty of experience that you're able to communicate, an MBA is likely going to be an easier path as employers have a general understanding of what you bring to the table from a business acumen standpoint.
I've completed BBA and MBA in Accounting & Information Systems.
Nice - congrats!
Very insightful video as an 18 year old who is long term career planning. If thereâs any way to reach out to you personally I would love that!
I am exploring the idea of starting my MBA but Iâm more interested in the entrepreneurial side of business such as investing, start ups, process strategy. I feel like I sort of pigeon holed myself with my undergrad as a Nonprofit management and leadership major and Iâm struggling to figure out what the best graduate program is for me so I donât make that mistake again. Any advise?
Hi Patrice - if you want to go the entrepreneurial route, you can do so without an MBA. Or if you still wanted an MBA, find an inexpensive option. That said, There's alot of free education out there on business start ups, so I would recommend looking online first. There may be some certificates that are far less expensive that you can earn that could give you an advantage if you end up not pursuing an MBA.
Hi, Richard great video. Quick question though. I am a tourism professional and I'm thing of enrolling for a MBA in Tourism or a MBA in Natural Resource Management. In your opinion which would be more competitive?
Hi Ivan - thank you for the comment! Not sure I've ever seen an MBA in tourism, and apart from MBAs that offer specializations in oil & gas or energy sector, I haven't seen any others related to natural resource management. I'd say a general MBA is fine, maybe pick up one w/ a specialization in some type of marketing.
Some of us took prep courses for the GMAT and never scored over 600, thus we've put MBA dreams on hold for a very long time.
Now I'm a new parent and as the family's primary earner, how do some of us go about earning a respectable MBA that isn't too costly, let alone something that can be done relatively quickly?
I completed my MBA program in 2020. It was a great experience to meet new people who have a luxurious background. I work now as a senior accountant but have no use of MBA experience so far.
Good to hear! At minimum, the MBA will always be there - never know when it could come in handy in the future.
@@RichardWalls Thank you.
Hey bro i want to do CZcams as my full time job & later start a business but I'm really confused should I do mba or not? Should I give my 2 yrs & huge some of the money on mba Or not! Or should I focus on my 2 CZcams channels? What are your thoughts?
â@@AngdendiSherpawhat is your situation now?
I want an MBA and can't wait to start with mine
Best of luck!
Iâm highly Interested In getting an MBA for the Business Skills đ as a Whole.
Such a great video! I graduated with a Hospitality and Tourism Degree two years ago and Iâve been in management for this field for a few years now. Now, I want to change industries and go into finance. Do you think it would be ideal to get an MBA or an MS in Finance? I donât have any experience in finance so although I have management experience I know I would still have to start off at an entry level position.
Hi Fatima - thanks for the comment! If you know for sure that you want to go into finance, then an MS in Finance would be appropriate. Leverage that to get an internship and experience if possible, and look into full-time roles after. Don't necessarily think you'd need to start at entry level, but that depends on the company and specific role.
finance...get a series 7 +63 stock broker license and start makeing real moneyđąđđđ
Im 35 been working since i was 18 worked hard not smart and now i want and need to get my MBA. I want to give it the time.
What do you think about "Quantic Business School" MBA, it's 10k only, I've started it but there are no assignment or group assignment or live lecture it's a simple choice of question answers that you keep trying until you get right.
Hi - I go into more detail about Quantic in a separate video on my channel you can check out. Content and delivery is pretty good, just don't know how many doors it would open for you in your career.
Hello! Thank you for this informative video, I appreciate it so much. Whatâs your opinion about the John Hopkins MBA degree?
Hi Herberth - looks like a solid choice. The university itself has a strong brand, but the cost of the MBA is a bit on the high side for my liking.
I don't think the MBA program is very highly ranked. I would check out financial times ranking or USA news ranking for MBA. I have also heard that the top 25 MBA programs are worth investing in (not sure if true or not).
@@jaimesmith1086 What sounds harder to your "ears"? 1. Certified Public Accountant or 2. Masters Degree in Statistics?
Hi , Is a online Global MBA program from University of western Australia(UWA) worth doing ?
Hi! I believe that an MBA could be a great supplement and a career-enhancer for certain types of jobs. I'm a norwegian guy, educated as a cook/chef, got a 2-year lower engineering-degree in food-science (mainly biologi and chemistry courses, with economics, marketing and leadership) and recently I finished law-school wich is a 5-year integrated masters degree over here. I've always had fulltime jobs on the side of my education (except from law-school where I worked 40-60% on the side). The main problem I've had with getting leadership-positions has been my lack of leadership-experience. And without that, I dont really think an MBA would help out a lot, because I would struggle to get the jobs where I actually could use and apply the knowledge I would gain by getting an MBA. The leadership-segment is competetive, and besides the qualities needed to get and keep a good managerial position, I feel like one would benefit from actually lacking several human traits, like compassion, honesty and dignity. This is oftenly an undercommunicated aspect when concidering wether you should get this type of a degree or not. Some people simply dont have the stomack to do what's necessairy to get there, regardless if they do or do not have an MBA. Personally, I've seen numerous (especially younger) leaders, continously taking credit for other peoples work, putting blame for their own mistanke onto others and so forth to create an image of being perfect, to persuade their superiors that they are indeed the one who is the most fit for leadership of the group. So to sum it up. I really do believe that the first step should be to get some leadership-experience, before deciding wether an MBA is something you should get or not.
Thanks for the comment, Jone!
Iâm glad I found this comment. Iâm also a chef wanting to further my studies in corporate law and was looking into the MBA to see how it could benefit me. But thank for pointing out that I should rather start with getting a leadership position.
I understand not not all MBAâs are equal but how can you tell whatâs good or bad? My son is finishing his finance degree next year in Ohio. Case and Ohio State are ranked high but his school JCU is not ranked high but it is a good school. Should he go for ranking or stay at JCU MBA school?
Nice video! Is it advisable to go for an Online MBA?
Hi Milimo - depends on your goals, but it is a highly flexible and often times more affordable option.
I'm doing a Master's of Science (Msc)in Management studies. The courses are similar to that of an MBA... data analytics, hrm, marketing, finance etc. Would I have the same job prospects as someone with an MBA ?
Hello - I'd say an MBA is often more desirable and shows up more often in job listings. That said, it depends on the school you're getting the degree from. An Msc from a top business school would likely yield better prospects than an MBA from a less well known program.
Hmmm thoughts on an engineer getting an MBA?? I'm electrical engineer thinking of getting one. My thoughts is just that it would open doors to more senior level jobs higher pay and I would go the route of technical marketing, supply chain or just engineering management. Always at a tech company where I can still leverage engineering degree to be of more value. I think marketing at apple lets say would pay exceptionally well. As would a sales engineer or some business-tech Hybrid at a electronics distributor.
Hi Christian - engineers w/ an MBA is probably one of the best work/degree combos out there. Would certainly open more doors. You have the benefit of having had a very technical degree + work experience, w/ a comprehensive business education of an MBA. You'd really be at an advantage!
@@RichardWalls Sundar Pichai (google/alphabet's CEO) had the same combination. Technical engineering degree with an MBA. Rose up the ranks.
I have a BS in comp sci and was a software engineer for 3 years. Then i ran my own biz for 2.5 years and now work as an engineer manager. Im considering getting an mba but very undecided...
Hi Richard, I will only be starting my MBA this year, and have been in industry for just four years; with an electrical engineering background but working in digital marketing space. Do you think this is the best time to do this course or I could have done it a bit later?
Hi TK - I think 4-5 years is a good amount of work experience to have before pursuing an MBA. That's more so that you have a better chance of getting into an MBA program. Seeing as you've already been accepted and starting, I'd say you're perfectly good to go. Best of luck!
Do you need prior university degree in order to get an MBA or you can jump from Bachelor degree to MBA?
I got my MBA, and from a well respected school too, but I would caution everyone who thinks it is the Golden Ticket. No matter how good it is to have an MBA--and it's a good thing to have, don't get me wrong--nothing, but NOTHING trumps applicable experience in the job market! Those who tend to benefit the most from earning an MBA are generally those working there way up in their current organization or industry or those who can leverage a new MBA to get into the consulting field, where newly minted MBAs tend to make good money and learn highly coveted experience.
Food for thought.
Great comment - agree!
Impacts , the company functions ,
Am I able to earn my MBA without a business degree my background is architecture but throughout my experience I have learned I like the business side and management side which lead me to this video
I have a question. Iâm getting ready to finish my undergrad in BA, and work as a work study in the admissions department. Iâve been offered a GA position in admissions that covers full tuition. But from Iâve seen others in the comment say is itâs really not worth it if you have no experience. I donât see myself pursuing a career in higher education but getting grad school fully paid for will be hard to pass up on. Any tips would be greatly appreciated!
Hi - I'd say it depends on the school that you're getting free tuition for. If you're being offered a full ride at Harvard for an MBA, get it whenever you want. That said, getting an MBA without work experience, in the majority of cases, is not going to be helpful and won't really open many doors to jobs that ordinarily might go to MBA graduates. You'll still be competing for entry level jobs.
Prior service member, currently finishing a degree in Econ in the spring of â22, however my work experience is primarily maintenance. I am pursing my MBA once I finish. What would be the way to pivot into a new career field considering my prior work history?
Canât speak too much on it as I myself need to speak with him more, but I have a SNCO who knows a hiring manager at Costco and they love vets who have worked with Oracle as Costco uses oracle.
Hi Quinton - thank you for your service!
Depends on what you want to do, but an MBA is a recognizable degree and should, in many cases, offer you a better chance of landing a business-related role.
I am very much interested in the stock market and money market. Though I have completed my graduation in Biotech. Can you please suggest to me which course will suitable for me?
Hi Arnob - I've got a few videos where I talk about Coursera.org. I'd recommend checking that out for specific courses on investing.
Edx.org and Udemy are other great platforms for that content as well.
I have a Bachelors in Accounting, currently looking to start my MBA for Summer 2022. Would you recommend Finance concentration or Supply Chain Management?
Depends what you enjoy and what your career goals are. Both are in high demand.
Do you think itâs better to have a degree in business first then an MBA as like an add-on so that I can get a better salary in that specific field? Or just an MBA-focused is enough? Iâm planning to study Business Administration for 4 years but i dont know if I can get a job after graduate
Should be able to land a job with an undergraduate degree in business. Would recommend that and get a few years of work experience before thinking about an MBA.
Just a heads up, you might seem overqualified too for a job if you have an MBA degree. This can lead to difficulties when finding work, just something to keep in mind.
Hi Darius - thanks for the comment. I've heard that from time to time. Worth noting that one should pursue an MBA w/ a goal in mind and typically after having had 5+ years of work experience, so one shouldn't be applying to entry level roles after MBAs.
Hi Richard,
I have 2years of experience with a Computer Science Engineering background. Iâve been in the digital marketing space for a year and have 2 years of work experience.
Do you think itâs a good time to get an MBA, Iâm looking more towards the marketing side of business and also starting up in the long run!
Hi Gowthami - I'd recommend getting a 2-3 years more of experience. You still have some opportunity to grow in your career that will make you more competitive when you exit the MBA program since you'll come out with more experience.
My work is completely paying for my MBA, so it is worth it to me. But honestly if they weren't offering to pay for it I probably wouldn't do it.
Yea, almost a no-brainer if company is willing to pay for it. Otherwise, need to spend alot more time reviewing the ROI.
Ha ha ha ha đđđđ
My job is paying for my MBA, too. I agree with everything you said.
Iâm thinking about going to an MBA seminar, which is around 10 grand, do you think itâs worth it
I am an equity day trader⊠But I know in the long-term eventually Iâm going to be simply just an investor with the capital leverage that Iâve created through all the years of daytrading⊠But I feel like you canât go wrong with an MBA seminar because all youâre dealing with companies all day⊠But anyways what are your thoughts?
Hi Richard, I'm a final year student in my undergrad reading Food Science and Technology but I want to switch from the typical Food Science and Tech field to Marketing. Do you think pursuing an MBA for grad school in Marketing is a good step?
Hi Asante-Yeboah - would strongly recommend getting a few years of work experience first before doing an MBA. But yes, it'd be a good option if you want to move your career in that direction.
I live in small town and have some business ideas that I feel will help improve the community as a whole. Will an MBA give me tools necessary to properly talk to the right people and complete the right paperwork to get started? I understand the MBA will help afterwards in operations and functionality. đ
Would not recommend an MBA for that - plenty of resources available for free online to help you explore business ideas or how to get one started.
I have completed my bachelors and Masters in Chinese language & culture and now planning for an MBA. I'm quite confused. Oh by the way I have worked in mobile phone industry for around 3 years and particularly worked in product & consumer research for a lot of time.
Hi Supriyo - thats a great background, especially for global companies that do business in/with China! What are you confused about in planning for an MBA?
CAN you please teach MBA? The chapters and everything that comes with it??? There's no channel for free learning!!
Wish I had the time to put together an entire curriculum! But there are plenty of free resources out there for just about any topic you're interested in! Check out my other videos on online learning platforms.
Do you have any insight on the MBA program at Colorado State University?
Hi - the school itself has a good brand, well recognized. Their MBA seems like it'd be a solid option if they meet your criteria for pricing, curriculum, career goals, etc.
Graduated with my MBA 4 weeks agoâŠ. Still no job đ
Keep networking! MBA, unfortunately, isn't the golden ticket it was a few decades ago...but you can certainly leverage it. Won't be enough to simply apply to jobs on LinkedIn or other job sites - you'll need to reach out to people and make connections.
Good luck!
Hi I was wondering do you recommend getting a MBA or a Bachelors in Organizational Leadership?
Hi Grecia - if you already have a bachelors, I'd recommend an MBA.
I'm looking for personal tutor for MBA models ...
I have to yet gain experience but I want to start my preparation now slow and steady for LBS MBA. How would you suggest I strive forward. I have an engineering degree so I am.not versed with business terminologies etc.
Hi Zechariah - of course get work experience, but you may want to explore some business courses on online platforms like Coursera or EdX, as time allows, so that when you apply for MBA programs, you'll have a better idea and understanding what you'll be taught in class.
@@RichardWalls thank you for your reply sir and will definitely look into it
I have an option of doing a double masters degree in Finance and Economics as well as Management,
OR
work right away and do an MBA later?
Which would you suggest??
I am 30 years old and started late in life. I am graduating with bachelor in Business Administration in a couple months. I only have 2 years experience as an english teacher. I am located in Germany.
Thank you in advance.
Hi Onalenna - would definitely get more work experience first and pursue the MBA later in maybe 3-5 years.