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Shemsi en Tehuti
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Posted: Thursday June 8th, 2006 13:52 |
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I could be biased given my graduate degree is in engineering, but from experience and observation the MBA is nearly worthless. It doesn't teach you how to do run your own business or provide for yourself, only train you how to work for someone else. The skills for entrepreneurship, investing, stock trading, intellectual property, and so forth are typically not learned in school. Even staying with a company, the MBA is not needed to move into management. I have rejected a couple offers to go into the management track for more lead technical roles so that I do not get bored with my current work. If you simply have a graduate degree, no matter what, you are considered over those without.
I thought about the MBA, took a few classes, but felt kind of stupid not learning any real skills. It may be good for people who already has a skilled degree but want to focus on the business aspects; however it is an even further waste of a brain for people who don't have a bachelors in something practical. The worst managers with the shortest lifespan from my experience are the ones with a MBA after doing psychology, sociology, or something similar in undergrad. If you are going to go through with an MBA, at least have some area of expertise to sharpen your business acumen.
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adrianerik
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Posted: Friday June 9th, 2006 01:41 |
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I have both an engineering degree (BSEE) and an MBA. And, IMHO, we should be specific about both degrees, regarding the majors and concentrations. The ruin of companies like RCA was their propensity to promote engineers to managers with no additional managerial training. Myopic visions. Adherence to old technology platforms. Development of feifdoms follow this type of pattern. At the opposite end of the spectrum were companies like General Motors who relied heavily on 'degreed' MBAs (dominated by Finance mostly) who worshipped the god of ROI (return on investment) at the expense of an understanding of the relationship between customers and the cars they were buying. There is the famous case of a GM CFO refusing to upgrade a particular part on a GM car because the total cost of the part (I think a few dollars per unit) was more than the expected lawsuits resulting from the deaths of passengers because of a lack of that part. (true story).
When I was contracting in the States, I received more offers for a Technical Project Manager than I did as technical staff. Anyone who has supervised a project (Blacknet, for example) can respect the value that a person with the ability to plan, control, and plan strategically brings to an operation.
In the U.S. MBAs in finance, investment management, portfolio analysis, international relations, international marketing, industry competitive analysis are generally snapped up before they leave the campus. MBAs in management, marketing, human resources...less so. Im not too sure about the accounting. I do know that what was the Big 8 in the accounting industry has shrunk to the Big 5. MBAs in management were savaged by the last recession in America where companies downsized and middle-management was gutted. That eliminated many garden variety MBAs but brought in the need for more specialized (strategic management) type MBAs.
There are MBA programs (at least in the States) that focus on entrepreneurial development. They are very good programs. There are programs, such as the one at Atlanta University, that focus on Economics of the Third World. And then there are the top-level programs such as the Wharton School at the University of Penn that is very investment and financial management oriented.
A good MBA program does rely heavily on a professor lecturing. Much like Wharton's program, a good program relies on heavy analysis of actual CASE studies of actual events in the economic world. Upon graduation an MBA should have a virtual sense of most of the ups and downs, mistakes and good decisions that built the current economic climate. This should put many MBAs on a level a bit higher than theorists. That also means that a serious, disciplined person can put in the hours of research time and teach (almost) themselves the basics of most MBA concentrations. Many, not all.
That being said, I wouldn't trust any MBA (or any academic) program to shape my vision of a career. They are all tools. Building blocks. And should be used as such. American (and I would assume most) MBA programs are imperialist tutorials if one does not keep herself/himself sober every instant. There's no space to tell about the arguements some black and foreign students had with MBA professors who rationalized business deals with despots, the savaging of emerging economies, etc.
peace
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blaklikeme
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Posted: Thursday October 12th, 2006 08:17 |
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Hi everybody, Its blaklike me back from her travels. Whats up everyone...
Anyway getting back to the topic, I am actually considering a postgrad at the moment due to me coming in to quite a bit of money, by getting my bank charges refunded via my NBCr a business that got me back nuff money (£5000) in less than a month. Yes you know who you are NBCR  nuff love to ya. Anyway due to my dramatic and I say dramatic change in circumstances, Its now a toss up for me between taking a long awaited trip to Jamaica in June, for a family wedding ( one of my spinster relatives is tying the knot with a real back home straight from yard Jaimaican man). Fair play to her... Anyway its a toss up between yard and a postgrad and I must say after doing extensive research for post grads I think MBA's are definitely completely and absolutely useless and not worth the £4000 or so you have to pay for them.
The MBA subject I was considering was Business administration and trust me after talking to countless grads the overall message out their is this would not get you a job and would leave you in the RED, if you calculate that and the LEA costs for your BA . OH and most of teh people I asked were black. I think their not specific enough to any company .
Their is another option though you could take a certification which is geared more to ward a specific industry. I am now considering taking this option.
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mba
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Posted: Saturday January 27th, 2007 12:06 |
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Going to a different country is not necessarily going to help - the U.S would be worth it because they are used to having black people at the top.
There is a recruitment consultancy aimed at black people (ethnic minorities in general) who want to work in professional organisations. It might be worthwhile getting your friends to have a talk to them to exhaust options out here. The name of the consultancy is called RARE RECRUITMENT COLTRANE wrote:
So everyone has it uuh? I mean I know about 15 pple (they area all blacks) with no highly paid jobs though they all have MBA's and sometimes I tell them that here in UK they dont value them that much but why not try jobs outside UK but seems there is an obsession with working for Vodafone and BT
Organisations like black MBA are they really doing something about this huge list of black MBA graduates in UK or its juts another black organisation that gets funding the govt like OBV
LETS TALK......
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Bacoo
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Posted: Sunday January 28th, 2007 16:07 |
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Tons of MBAs here in the states.
Seem like a MBA would be more interested on starting their OWN business than waiting for OTHERS to give them a job..
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