Undergrad Student with Questions about MBA Programs and Careers

Marbear28

1 1

Posted Dec 01, 2011 00:40

Hi, my name is Hannah. I'm a returning college student finishing up my degree in general studies. Recently, I have become very interested in earning an MBA. Though I have been researching the degree for a while I still have several questions. If anyone could assist me I would really appreciate it.

1. Does anyone know of a source that lists MBA careers with descriptions and salaries? I heard of a college class where they go over the different careers for an individual w/ degree in business administration, marketing, or an mba, but can't remember what it was. Does anyone know what course could be taken to learn this information?

2. I also would like to know how much reputation of school has on potential earnings.

3. If a student wants to get an MBA, do they need to earn pre-reqs first? As a senior general studies major all of my classes from now on have to be upperlevel, and I haven't taken any courses related to business administration yet. They are mostly science courses.

I checked at a local university with an MBA program, and the rule is that if a student has an unrelated major to business administration the indivudual will have to complete at least 9 hours of graduate work before entering the program. Though I am unsure of which school I would like to attend, should I try to take a few basic undergrad courses even though they aren't required for my degree? I want to have a competitive application in order to have a good chance of being accepted into several schools. Thank you for the answers!

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Duncan

14.013 15.475

Posted Dec 01, 2011 01:12

Hi Hannah. If you find the Financial Times ranking of MBA programs you can see how the salaries vary at top schools and what variables seem to matter the most. If you visit the websites of those programs you will often find a placement report showing the sorts of firms and roles their graduates take up. More often the prerequisite for an MBA is work experience rather than particular coursework, although most schools use the GMAT exam which requires good quanitative reasoning.

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Inactive User

1 1

Posted Jan 24, 2012 04:29

Firstly, if you pursue an MBA it must be from an accredited, well rated and highly ranked college. A degree from an unaccredited college is an absolute waste of the time and money you invest into it. Secondly, contrary to popular belief, not every good, accredited master?s degree in business administration requires standardized test scores, or any specific undergraduate course-work completion as prerequisites for admission. Some only require a high school diploma and proof of a Bachelor?s degree ? again from an accredited college.

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ralph

692 1.074

Posted Jan 25, 2012 17:17

2. I also would like to know how much reputation of school has on potential earnings.

Generally, the more reputable the school, the better the earnings. There's even a wide range of salary distributions at top schools. For example, grads from Iowa/Tippie, three years after graduation, make about $92,000 per year. For Boston University grads, it's about $111k, and at Yale it's more like $146k.

In terms of reputation, make sure that the school has international accreditation from an organization like AACSB, AMBA, or EQUIS. This will insure that you receive a good education - and your degree will hold value with employers after graduation.

3. If a student wants to get an MBA, do they need to earn pre-reqs first?

Not usually. As Duncan suggests, for most decent MBA programs, you'll need an undergraduate degree, at least 2-3 years of work experience, and a good GMAT score to apply. These elements will help make sure you have the necessary background and skillset to engage the material.

<blockquote>2. I also would like to know how much reputation of school has on potential earnings.</blockquote>
Generally, the more reputable the school, the better the earnings. There's even a wide range of salary distributions at top schools. For example, grads from Iowa/Tippie, three years after graduation, make about $92,000 per year. For Boston University grads, it's about $111k, and at Yale it's more like $146k.

In terms of reputation, make sure that the school has international accreditation from an organization like AACSB, AMBA, or EQUIS. This will insure that you receive a good education - and your degree will hold value with employers after graduation.

<blockquote>3. If a student wants to get an MBA, do they need to earn pre-reqs first? </blockquote>
Not usually. As Duncan suggests, for most decent MBA programs, you'll need an undergraduate degree, at least 2-3 years of work experience, and a good GMAT score to apply. These elements will help make sure you have the necessary background and skillset to engage the material.

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moises.kli...

4 7

Posted Jun 20, 2012 09:13

I usually refer the U.S. Bureau of Labor Statistics and the Pay Scale websites for details such as wages, work environment, degree requirements etc about a profession. I think an Ivy League college does have its advantages but that doesn?t mean that there aren?t other well-reputed colleges out there who are capable of providing quality education. I?m currently reading a review of California College San Diego and their programs and student services seem promising.

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ralph

692 1.074

Posted Jun 20, 2012 11:45

I?m currently reading a review of California College San Diego and their programs and student services seem promising.

"Well-reputed?" That's a joke, right? This school is not accredited by any reputable organization, and has virtually no redeeming qualities as far as I can tell. I'm pretty sure that the promising "review" you are reading is written by a school representative, or by somebody who's paid by the school.

<blockquote>I?m currently reading a review of California College San Diego and their programs and student services seem promising. </blockquote>
"Well-reputed?" That's a joke, right? This school is not accredited by any reputable organization, and has virtually no redeeming qualities as far as I can tell. I'm pretty sure that the promising "review" you are reading is written by a school representative, or by somebody who's paid by the school.

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