College Kid Debating about MBA Program

[Jimbo232]

I think maxtower's advice is spot-on. I believe you will get much more out of an MBA and be able to contribute much more to the program with prior working experience. Also, as a bonus most companies will supplement much of the cost of continuing education.

In the past most MBA programs required X number of working years before they'd even consider someone for the program, however because people will pay for an MBA regardless of working experience this requirement has pretty much disappeared. I'm kind of ranting here, but I think the business of higher education has really killed the prestige of an MBA in recent years.

[chisness]

Won't your job opportunities be a lot worse after this MBA than if you got a regular MBA? Won't this make those opportunities like IB associate much harder if you can't get them straight from the MBA program?

[T50_Omaha8]

[ QUOTE ]
In the past most MBA programs required X number of working years before they'd even consider someone for the program, however because people will pay for an MBA regardless of working experience this requirement has pretty much disappeared.

[/ QUOTE ] This is still the case for most good programs.

[Jimbo232]

[ QUOTE ]
[ QUOTE ]
In the past most MBA programs required X number of working years before they'd even consider someone for the program, however because people will pay for an MBA regardless of working experience this requirement has pretty much disappeared.

[/ QUOTE ] This is still the case for most good programs.

[/ QUOTE ]

Very True.

I guess my statement was misleading in that I meant the X number of working years requirement has disappeared because of alternative MBA programs filling the niche prestigious programs left open by requiring work experience. To me an MBA in general has become diluted because of this, but I guess a Wharton MBA still holds much more water than a Generic Online University MBA so this statement is true only to some extent.

[dazraf69]

With the high price tag of an MBA (50 - 100k), it seems you are much better off trying to find a job that has a potential of getting you sponsored rather than getting an MBA and then looking for work. Thoughts appreciated?

[PRE]

OP,

1. What is wealth management?
2. Why do you want to get into it as an alternative to trading?