Ot: part time mba

Submitted by M1983cpa on March 13th, 2019 at 3:31 PM

In before the madness begins.  

Im applying for mba programs. Part time at Ross, Emba At msu and Notre Dame (I hope no climbing in high winds is expected)  Rooting interests aside (to hell with Notre Dame) does anyone have any experience with any of these?  I’ll take any advice I can get.  Work is encouraging it.   Currently in international taxation at Fortune 500 company 

rposly

March 14th, 2019 at 10:59 AM ^

It worked out exactly as hoped (internship, then full-time offer at big-3 consulting firm).  But there were only a handful of us part-timers that were doing on-campus recruiting.  It's definitely harder when you're part-time, for several reasons: the time commitment when you're working, convincing recruiters that you're serious about it, the lack of other career-changers to practice cases with, etc.  If I could go back, I would have considered full-time much more seriously.

I will say that the difficulty varies depending on which career you're trying to switch into.  Consulting firms didn't care that I was in the part-time program; they just want the best people.  Brand Management for CPG, however... let's just say they have a very specific template they want people to follow, and they seemed to lack the creativity to understand different paths.  

JamesBondHerpesMeds

March 13th, 2019 at 3:40 PM ^

If you get into Ross, go.

If you get into the others but not Ross, don't go.

I know this sounds dramatic - but there is a particular cachet to a Ross MBA that puts you on par with UChicago, Northwestern, Cal, Dartmouth, etc. anywhere in the country/world. An MSU/Notre Dame MBA may get you an extra glance in a couple of regional markets.

 

4roses

March 13th, 2019 at 3:57 PM ^

I am going to respectfully disagree on the "don't go" advice of Mr Bond. In my 25 years of experience in the real world I have never seen the "cachet" effect in action. Skills and abilities are far more important. This is certainly not 100% true, but it is what I have found. Of course, one person's experience. Your mileage may vary.      

MGoShorts

March 13th, 2019 at 3:58 PM ^

That's a fairly pretentious hot take. Sure, if you're paying for an MBA for the sole purpose of wow factor, then avoid MSU. I'd still place Notre Dame in the upper echelon.

Basically any top 50 MBA program is going to open doors. The prestige factor associated with truly elite programs is largely overvalued and usually pushed by the kind of people who have punchable faces.

JamesBondHerpesMeds

March 13th, 2019 at 4:03 PM ^

Basically any top 50 MBA program is going to open doors. The prestige factor associated with truly elite programs is largely overvalued and usually pushed by the kind of people who have punchable faces.

I've recruited from them all, so experience makes my face punchable? Cool cool.

 

UMGoRoss

March 13th, 2019 at 4:08 PM ^

If you're looking to use your MBA to break into top tier consulting, high tech or private equity, any old top 50 program isn't going to do the trick. The relative value of your degree vs. your overall experience certainly decreases over time, but its a very important factor early on after you graduate

HL2VCTRS

March 13th, 2019 at 4:29 PM ^

I agree if that’s the goal, but that doesn’t seem like the case here. It seems that he wants to either grow with his current company or presumably in a similar field. My experience in a similar situation is that you should go to the best school you can get into, but not to skip altogether if your other alternatives are only in the top 50. I ended up at a top 30 school with 10 years of work experience, and the value I derived out of it was tremendous.

Note: I realize that isn’t exactly your take, but I’m commenting on the combination of your comment and the thread. 

 

BTB grad

March 13th, 2019 at 4:43 PM ^

Ross MBA is top 10, but not in the same realm as Chicago Booth or Northwestern Kellogg.

But I agree with everything else you said. The cost-benefit of an MBA only pencils when you're looking at the top 20 schools, especially if you're only looking to do it for career enhancement rather than switching careers. If you're miserable in your job and want to move industries, then it's less of a pure financial NPV decision.

UMGoRoss

March 13th, 2019 at 5:05 PM ^

"Not in the same realm" is a bit much. 

Harvard / Wharton / Stanford GSB / Booth / Kellogg are top 5, and any ranking that says otherwise is likely looking to grab a headline, but the group of Ross / Tuck / Sloan / Haas / Columbia / Yale isn't that far behind, and typically has access to the same recruiters.

JamesBondHerpesMeds

March 13th, 2019 at 5:46 PM ^

"Ross MBA is top 10, but not in the same realm as Chicago Booth or Northwestern Kellogg."

Just like every other response in this thread, this is subjective in a lot of ways. I've worked with exceptional people from all three, as well as dumb-as-rocks people from all three.

If anything, the network for the latter two is world-class and on the echelon of the world's best. That said, I've discovered that Ross' has come through in the clutch when I originally thought it wasn't as good. Many of my classmates from ~10 years ago have made incredible waves in their respective fields, and I suppose I listened too much to the ultra-elite alums when they said our network was lacking. Like most things, they were wrong about that. ;)

EJG

March 14th, 2019 at 8:16 AM ^

It really depends on your focus.  Kellogg is known for marketing, Booth for finance, etc..  For example, if I want to advance a career in marketing, I am not considering Booth.  Ross is known for general management and corporate strategy.  As a Ross graduate from way back, the corporate strategy focus at Ross helped me gain traction and move up rapidly in the business office of a Fortune 500 company and I now own an M&A firm.  Ross is a great choice if you aren't dead set on a single track, i.e., marketing, finance, etc..  And, having been involved in the recruiting game, ND and MSU are definitely a lower tier.  All else equal, it will matter if you decide to move companies.

Watching From Afar

March 13th, 2019 at 3:42 PM ^

I'm starting at the weekend program this May and am looking forward to it (and changing careers).

If work is encouraging it, depending on your current income, could lead to a higher salary/promotion and not be terribly expensive.

That's... all I got really.

JPC

March 13th, 2019 at 3:49 PM ^

I’d be leery of the ROI on a Moo U MBA. It’s a regional school with a pretty shitty national rep (enabling rape does that) - that is if anyone outside of the B1G even thinks about them. 

ND < Ross, but they’re both respectable options. 

Watching From Afar

March 13th, 2019 at 3:58 PM ^

This was my dilemma; MSU was going to give me some scholarship money and the cost was low enough I could pay for it out of pocket.

But I really didn't want to go there so I'm spending more money to go to UofM.

Anyone got any internships or job prospects that will pay off my ~$30k in loans come 2021?!

huntmich

March 14th, 2019 at 12:13 AM ^

Holy fucking shit. $200k tuition. I'm doing pretty decent as an engineer, solidly above the salary ranges I see posted online for people with a BSME.

 

But hot damn, I guess I'm having a hard time imagining how high this degree would have to elevate me to make it worth $200k.

myislanduniverse

March 13th, 2019 at 3:56 PM ^

I've actually been looking into this lately, myself! I have remaining GI Bill benefit, and very generous continuing education program with time-off and tuition assistance from my employer to pick up where it leaves off.

I haven't taken either the GMAT or the GRE, though. For Ross, is there a preference given to one over the other that anyone on here can attest to?

Watching From Afar

March 13th, 2019 at 4:00 PM ^

They claim there is no preference. I took the GRE and got into the weekend program this year and have a meh undergrad experience (and frankly, not terribly impressive work experience with the exception of the brand name of the company I work for).

GMAT is used in consulting recruiting as an extra filter to go along with where you got your MBA, but to just get in the GRE shouldn't hurt you.

m1817

March 13th, 2019 at 3:57 PM ^

A big benefit of an MBA is connecting into a school's alumni network. Ross and U-M in overall, have a powerful alumni network with highly regarded graduates throughout the world.  A Ross MBA opens a lot of doors.