Author Topic: Does it matter where you get a MBA?  (Read 9712 times)

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Offline raquetcat

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Does it matter where you get a MBA?
« on: July 29, 2013, 09:53:37 PM »
Here is the situation:
 
I have completed 6 hours at Colorado State's MBA program, but they raised
the price significantly which made me look to see what other online MBA
programs out there cost. I basically have 2 options; stay at Colorado State or a similar type state school (for which tuition is approximately the same) or transfer to a smaller school
 
Here is my choice:
 
Complete the MBA that I've started at CSU, this requires 34 more hours at $870/credit hour = $29,580
 
OR
 
Transfer to Fort Hays State and complete their online MBA program; this requires 40 more hours at $400/credit hour = $16,000
 
I'm not going to take out loans for either program, but is CSU's education and name recognition (I know it's no ivy league school, but it still sounds better than Phoenix, FHSU, etc., imo) worth twice as much as FHSU's education?


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Offline michigancat

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Re: Does it matter where you get a MBA?
« Reply #1 on: July 29, 2013, 10:05:35 PM »
At that level, it doesn't matter IMO. Seems like a huge rip either way, really.

Offline pissclams

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Does it matter where you get a MBA?
« Reply #2 on: July 29, 2013, 10:06:39 PM »
unless you're going to a top 10 school, it really won't matter


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Offline kim carnes

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Re: Does it matter where you get a MBA?
« Reply #3 on: July 29, 2013, 10:09:27 PM »
Attend Stanford or NYU imo.  hope that helps

Offline michigancat

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Re: Re: Does it matter where you get a MBA?
« Reply #4 on: July 29, 2013, 10:10:04 PM »
unless you're going to a top 10 school, it really won't matter

Yeah, he says Hays is better than Phoenix but I don't really know how.

Offline EllRobersonisInnocent

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Re: Does it matter where you get a MBA?
« Reply #5 on: July 29, 2013, 10:13:09 PM »
Well, Fanning is successful as crap so I'd say his Phoenix MBA worked out pretty well for him

Offline michigancat

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Re: Re: Does it matter where you get a MBA?
« Reply #6 on: July 29, 2013, 10:14:15 PM »
Well, Fanning is successful as crap so I'd say his Phoenix MBA worked out pretty well for him

It's definitely no worse than Hays or CSU.

Offline Panjandrum

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Re: Does it matter where you get a MBA?
« Reply #7 on: July 29, 2013, 10:15:49 PM »
Clams and MC are right.  Unless you go to a Top 10-20 school, it's not worth your time or money.

If you already make $70k a year or more, an MBA outside of the Top 20 isn't worth your time or investment.  Folks who graduate from a top school usually make between $100-150k a year.  Some will make more, but not many.

Let me put it this way; I have managed people with MBA's from smaller schools, that aren't ranked or accredited, and I pay the smart kid fom DeVry more than them because their degree is worth about the same amount.

Offline TheHamburglar

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Re: Does it matter where you get a MBA?
« Reply #8 on: July 29, 2013, 10:17:12 PM »
Hays is better than Phoenix, just because its not Phoenix.  I think raquetcat is in an industrial/manufacturing setting. He might just be looking for a degree to check a box to move up. However, those that get it from Phoenix look like they are trying take a short cut.  I'd stick with CSU, but I don't know where he lives or where he wants to go.   
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Offline EllRobersonisInnocent

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Re: Does it matter where you get a MBA?
« Reply #9 on: July 29, 2013, 10:18:58 PM »
I'd stay at CSU just for the fact that you'd be in Ft Collins

Offline Panjandrum

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Re: Does it matter where you get a MBA?
« Reply #10 on: July 29, 2013, 10:20:13 PM »
Hays is better than Phoenix, just because its not Phoenix.  I think raquetcat is in an industrial/manufacturing setting. He might just be looking for a degree to check a box to move up. However, those that get it from Phoenix look like they are trying take a short cut.  I'd stick with CSU, but I don't know where he lives or where he wants to go.

If that's the case, he should check with HR to see if there are pay scale differences for MBA's, and if so, what schools qualify for the increase.  They probably have a list.

Offline kim carnes

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Re: Does it matter where you get a MBA?
« Reply #11 on: July 29, 2013, 10:22:08 PM »
fanning got his MBA from phoenix?   :lol:

Offline TheHamburglar

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Re: Does it matter where you get a MBA?
« Reply #12 on: July 29, 2013, 10:26:54 PM »
Hays is better than Phoenix, just because its not Phoenix.  I think raquetcat is in an industrial/manufacturing setting. He might just be looking for a degree to check a box to move up. However, those that get it from Phoenix look like they are trying take a short cut.  I'd stick with CSU, but I don't know where he lives or where he wants to go.

If that's the case, he should check with HR to see if there are pay scale differences for MBA's, and if so, what schools qualify for the increase.  They probably have a list.

There is no pay raise with an MBA. If you want to get to director of ops/manufacturing/supply chain you usually need a masters. Those that have the masters have a much better shot at a good manager job because you already have the qualification.  The name of the school matters on your résumé because there is association with how serious you took it or if you're trying to ease your way in.  There is the thought "that MBA costs more, so they probably took it more seriously". 
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Offline michigancat

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Re: Does it matter where you get a MBA?
« Reply #13 on: July 29, 2013, 10:34:22 PM »
Manufacturing hr people sound like complete morons

Offline raquetcat

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Re: Does it matter where you get a MBA?
« Reply #14 on: July 29, 2013, 10:35:57 PM »
Hays is better than Phoenix, just because its not Phoenix.  I think raquetcat is in an industrial/manufacturing setting. He might just be looking for a degree to check a box to move up. However, those that get it from Phoenix look like they are trying take a short cut.  I'd stick with CSU, but I don't know where he lives or where he wants to go.

If that's the case, he should check with HR to see if there are pay scale differences for MBA's, and if so, what schools qualify for the increase.  They probably have a list.

both programs are online so the beauty of Ft. Collins over any other place really doesn't factor in. I am basically checking a box, as long as the program is accredited (which both of these are) then it doesn't matter where it comes from, I get a 10% pay bump, and a better chance at a promotion. I have an engineering bachelor's, but I'm hoping the MBA will convince hiring types that I have the knowledge to work in other areas.
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Online Tobias

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Does it matter where you get a MBA?
« Reply #15 on: July 29, 2013, 10:36:06 PM »

Manufacturing hr people sound like complete morons

confirmed

Offline raquetcat

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Re: Does it matter where you get a MBA?
« Reply #16 on: July 29, 2013, 10:37:33 PM »
Hays is better than Phoenix, just because its not Phoenix.  I think raquetcat is in an industrial/manufacturing setting. He might just be looking for a degree to check a box to move up. However, those that get it from Phoenix look like they are trying take a short cut.  I'd stick with CSU, but I don't know where he lives or where he wants to go.

If that's the case, he should check with HR to see if there are pay scale differences for MBA's, and if so, what schools qualify for the increase.  They probably have a list.

There is no pay raise with an MBA. If you want to get to director of ops/manufacturing/supply chain you usually need a masters. Those that have the masters have a much better shot at a good manager job because you already have the qualification.  The name of the school matters on your résumé because there is association with how serious you took it or if you're trying to ease your way in.  There is the thought "that MBA costs more, so they probably took it more seriously".

that's exactly what my dad said!  :)
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Offline raquetcat

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Re: Does it matter where you get a MBA?
« Reply #17 on: July 29, 2013, 10:38:45 PM »

Manufacturing hr people sound like complete morons

confirmed

most HR people that I've met are morons, but you gotta learn to play the game (or switch games and at this point I don't know what game I would want to switch to)
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Offline michigancat

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Re: Does it matter where you get a MBA?
« Reply #18 on: July 29, 2013, 10:41:57 PM »
I'd ask an hr person or your boss what they think. I really don't think most companies would know the difference between fhsu and CSU degrees (I don't), so I would lean toward the cheapest option.

Offline TheHamburglar

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Re: Does it matter where you get a MBA?
« Reply #19 on: July 29, 2013, 10:43:14 PM »
Manufacturing hr people sound like complete morons

Manufacturing HR people have nothing to do with it.  They don't make any decisions. At that level there are so few candidates they all go to whoever is doing the hiring. There is a correlation. If you are willing to get an MBA at somewhere that costs more and demands more while working, you probably have a better work ethic. I've worked with a lot of both types, and while there are some exceptions, that general thinking holds true.   
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Offline Panjandrum

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Re: Does it matter where you get a MBA?
« Reply #20 on: July 29, 2013, 10:54:44 PM »
Hays is better than Phoenix, just because its not Phoenix.  I think raquetcat is in an industrial/manufacturing setting. He might just be looking for a degree to check a box to move up. However, those that get it from Phoenix look like they are trying take a short cut.  I'd stick with CSU, but I don't know where he lives or where he wants to go.

If that's the case, he should check with HR to see if there are pay scale differences for MBA's, and if so, what schools qualify for the increase.  They probably have a list.

There is no pay raise with an MBA. If you want to get to director of ops/manufacturing/supply chain you usually need a masters. Those that have the masters have a much better shot at a good manager job because you already have the qualification.  The name of the school matters on your résumé because there is association with how serious you took it or if you're trying to ease your way in.  There is the thought "that MBA costs more, so they probably took it more seriously".

Most of that is true, but some companies will offer a flat rate increase for an approved masters degree.

But, yes, there is a correlation between cost, admittance standards, ranking and what kind of job you want with the degree.

If you just want to be a manager, then CSU is fine.  If you want to be an exec, aim higher.

There are better schools out there doing some really innovative things in the online space.  Indiana, UNC, and Carnegie Mellon offer online versions of their upper level MBA degrees that are better than anything discussed in this thread.  I've considered a joint MBA/MS from Indiana, because the program sounds really neat, but that would be a novelty at this point.

Offline michigancat

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Re: Does it matter where you get a MBA?
« Reply #21 on: July 29, 2013, 11:00:40 PM »

Manufacturing hr people sound like complete morons

confirmed

most HR people that I've met are morons, but you gotta learn to play the game (or switch games and at this point I don't know what game I would want to switch to)

I will add that if you don't know what you want to do you should DEFINITELY take the cheaper route so you can basically pay for it in 2-3 years. Or not get an MBA at all.

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Re: Does it matter where you get a MBA?
« Reply #22 on: July 29, 2013, 11:10:28 PM »
just get a women's studies degree.  it has (unintentionally) been about the first thing asked about during every job interview i've ever had.
« Last Edit: July 29, 2013, 11:14:29 PM by Tobias »

Offline Cartierfor3

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Re: Does it matter where you get a MBA?
« Reply #23 on: July 29, 2013, 11:33:44 PM »
just get a women's studies degree.  it has (unintentionally) been about the first thing asked about during every job interview i've ever had.

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Offline Pete

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Does it matter where you get a MBA?
« Reply #24 on: July 29, 2013, 11:37:15 PM »
What is left out in all of this is whether you actually learn something you can use to make more money (or be in a role you enjoy more than your current role).

You need to decide if those things are a reality if you get a graduate degree.


I went straight through from undergrad to grad, because I was an ignorant kid.  However, I got lucky and got a good gig where I was able to learn a ton....and I would never have gotten that gig if I didn't get the grad degree.


Putting your fate into the hands of some "HR" person is crazy.  Make yourself marketable, and never speak to an HR person in your life again...cept for stuff like W2 withholding numbers or $5 jeans day.