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Be honest: How is the LSU MBA program perceived? Is now the right time/place to do it?
Posted on 4/12/17 at 9:15 pm
Posted on 4/12/17 at 9:15 pm
I posed this question on the money talk a few weeks ago. I have a 3.9 GPA in biology (good enough grades to get into med school or most other professional programs), but I've done my healthcare shadowing and began to seriously question my direction about investing many more years and much debt for a career in primary healthcare (I just don't see me enjoying this field like I first thought). I had regrets about not majoring in another field such as business late in my college career because business is a much more practical field than biology on its own. I know more about college now than when I did when I started, but I can only go forward from where I am now.
I applied to the MBA program (did not have great GMAT) but was accepted and even offered a substantial academic scholarship that would significantly reduce the cost by roughly 35%. I was very content with the possibility of working for a few years to save some money and add to my resume, but this seems like too good of an opportunity to pass, even though I have doubts if now is the time. Basically, my logic for going for an MBA is to transition myself into the business market, make myself more hirable, and help me attain the skills and understanding necessary to work for and eventually help manage a company. I have taken only a few prior business courses but aced them all.
What are the thoughts of the OT? I'm conflicted about this decision because it's a big one that can change the course of my career. I'll be reading all the responses and look forward to someone with a real, educated opinion on this unusual scenario. I know the OT has people of all walks of life on here. #inb4don'tconsulttheOTaboutlife
tl;dr I applied to the program not expecting much luck and surely no financial aid. I was more than prepared to work for a while to add to my resume before considering the MBA but now I may have too good of an opportunity to pass.
I obviously won't make my final decision based from this topic but I look forward to reading educated opinions.
I applied to the MBA program (did not have great GMAT) but was accepted and even offered a substantial academic scholarship that would significantly reduce the cost by roughly 35%. I was very content with the possibility of working for a few years to save some money and add to my resume, but this seems like too good of an opportunity to pass, even though I have doubts if now is the time. Basically, my logic for going for an MBA is to transition myself into the business market, make myself more hirable, and help me attain the skills and understanding necessary to work for and eventually help manage a company. I have taken only a few prior business courses but aced them all.
What are the thoughts of the OT? I'm conflicted about this decision because it's a big one that can change the course of my career. I'll be reading all the responses and look forward to someone with a real, educated opinion on this unusual scenario. I know the OT has people of all walks of life on here. #inb4don'tconsulttheOTaboutlife
tl;dr I applied to the program not expecting much luck and surely no financial aid. I was more than prepared to work for a while to add to my resume before considering the MBA but now I may have too good of an opportunity to pass.
I obviously won't make my final decision based from this topic but I look forward to reading educated opinions.
19
Posted on 4/12/17 at 9:19 pm to schwartzy
In general I think MBAs are useful after you have experience OR you are in a top ten program or something. You fall outside these two.
However, your case is interesting because an MBA may serve as your introduction to the business world. I'm not sure an MBA will increase a potential salary for you, but it will allow for a wider range of jobs you can interview for in two years.
However, your case is interesting because an MBA may serve as your introduction to the business world. I'm not sure an MBA will increase a potential salary for you, but it will allow for a wider range of jobs you can interview for in two years.
Posted on 4/12/17 at 9:22 pm to schwartzy
this is coming from multiple business degree holder - with enough accounting hours to sit for the CPA exam.
Get out of this line - bow up and get your MD
you will thank yourself in a decade - it opens up so many more doors for you and your family.
With your MD you don't have to practice - you can get on the business side after the fact - be the head man and make serious bucks
Get out of this line - bow up and get your MD
you will thank yourself in a decade - it opens up so many more doors for you and your family.
With your MD you don't have to practice - you can get on the business side after the fact - be the head man and make serious bucks
Posted on 4/12/17 at 9:23 pm to DeathValley85
I should have also noted that the business world often works around business hours that would give me the lifestyle I want, which is enough time to raise a family and enjoy life. Many doctors, although paid handsomely, do not have a consistent schedule or time for their families. I would like to work sooner rather than get my first paycheck in residency when I'm nearly 30
Posted on 4/12/17 at 9:23 pm to schwartzy
What do you want to do with an MBA. If you don't know that, than an MBA might not be for you. I was talking with someone at work today and we both agreed we'd only do it under very ideal circumstances (I.e. We could get work to pay for it.)
Posted on 4/12/17 at 9:25 pm to schwartzy
Wouldn't bother. Do it at a named school
Posted on 4/12/17 at 9:25 pm to schwartzy
An lsu MBA with no job experience is worthless. You will be competing with people that have 4 year business degrees or 5 year finance and accounting degrees.
This post was edited on 4/12/17 at 9:26 pm
Posted on 4/12/17 at 9:26 pm to schwartzy
For you, an MBA is more likely your ticket to an entry level business job. I got an MS in an unrelated field to my bachelors with that intention and it worked for me. Not the typical reason to get an MBA, but it certainly makes sense to me if you're realistic with the types of jobs you might get and the fact it might take months to find a job. It's not a surefire golden ticket to a good job for sure.
Posted on 4/12/17 at 9:27 pm to schwartzy
quote:
I should have also noted that the business world often works around business hours that would give me the lifestyle I want, which is enough time to raise a family and enjoy life.
My Man - highly paid CPAs and top level financial experts work staggering hours - entry level is just as bad if you want a big 5 firm, a real consulting gig or an investment banking job - Some weeks I work damn near 70 hours and average way over 60 most weeks.
Go get your MD and use that as your gateway to do whatever the hell you want
Posted on 4/12/17 at 9:27 pm to DeathValley85
quote:
n general I think MBAs are useful after you have experience OR you are in a top ten program or something.
Thus to an extent. Wife has her MBA. If it's between her an someone else with the exact same credentials, she'll get the nod. But otherwise, it's become dime a dozen and doesn't mean much.
Not saying the duration isn't useful. I'm in the business side now after being an engineer and I've learned things since. But a run. Of the mill MBA is going to push people through who could learn on the job. LsU was top 10 public MBA when I was at LSU. Not sure now.
Posted on 4/12/17 at 9:27 pm to schwartzy
oh good, please get your baby bio degree and then get a MBA so you can be a healthcare bean counter
god knows healthcare needs more administration
god knows healthcare needs more administration
Posted on 4/12/17 at 9:28 pm to schwartzy
quote:
business world often works around business hours that would give me the lifestyle I want, which is enough time to raise a family
Lol, not necessarily at all. Theres plenty of 10 pm phone conferences with Thailand and Saturday morning game planning sessions.
Posted on 4/12/17 at 9:29 pm to schwartzy
You could be in China right now.
Posted on 4/12/17 at 9:29 pm to schwartzy
Too bad your GMAT wasn't better. With that background, you could potentially have some decent venture/pharmaceutical business options.
Would you consider moving?
Would you consider moving?
This post was edited on 4/12/17 at 9:30 pm
Posted on 4/12/17 at 9:29 pm to schwartzy
Basically I was in your situation sub law school for med school. I was accepted to a top 10 law school. My decision to not go through with it was worth it for avoiding all that debt and stress alone.
Posted on 4/12/17 at 9:31 pm to athenslife101
quote:
Lol, not necessarily at all. Theres plenty of 10 pm phone conferences with Thailand and Saturday morning game planning sessions.
Oh yeah, just saw his post. That's a little LOL.
Posted on 4/12/17 at 9:32 pm to TheWalrus
quote:
TheWalrus
What are you doing now? Top 10 is hard to pass up.
Posted on 4/12/17 at 9:33 pm to TheWalrus
quote:
For you, an MBA is more likely your ticket to an entry level business job. I
Maybe not even that. We turn down MBAs for entry level jobs typically. A kid A couple of years out of college knows just as little about our business as an MBA grad and they'll be cheaper.
Posted on 4/12/17 at 9:37 pm to Mo Jeaux
I work in Ag Econ Research. I started law school at UVA and was on the verge of a nervous breakdown two weeks in. I know I could probably have a big law job paying 4 times what I earn now had I gone through with it, but I know I wouldn't be happy and I was worried I was going to go past the point of no return while dealing with a lot of anxiety issues.
Posted on 4/12/17 at 9:39 pm to athenslife101
Well it sure beats going back for a second bachelors if his heart is set on business.
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