10万$工作和TOP MBA, 选哪个?

hhxx1

ruiyu25 JJ,  thanks!  It does help somewhat.  But, what do you mean "Hass part time MBA does not make much difference in terms of long term career opportunity wherever you are in US or in China"?  Do you mena that

(1) Hass PT will not have much impact to the long term career opportunity (comparing with other top FT programs), and

(2) Contention in (1) will be true, no matter whether I stay in US, or go back to China?

Could you please elaborate a little bit?  Many thanks!

[此贴子已经被作者于2004-7-8 13:37:44编辑过]

ruiyu25

Sorry for the confusion.  What I mean is that Hass part time MBA program will be comparable to other top MBA programs in terms of long term career opportunities.

In the short term, especially after you get the degree, since you haven't done internship, you may find a little difficult to switch a job function.  You can ask people in the upper management in your company that whether it is possible to enter into their field with part time MBA from Hass.  If the answer is yes, you should definitely consider about this option.

In the long term, since you will have switched the gear for a long time, part time degree won't be different compared to FT.  In addition, your deploma only carries the name of Berkeley MBA.   eople here or in China won't ask whether you enter the FT or PT program.

This is my personal opinion.

robertchu

才看到这个讨论．感谢hhxx1 MM提出这个话题．我也有类似的疑问．当然我挣的没 hhxx1 MM多 :-)

dianarose ＧＧ讲的，　和ruiyu25 等众多ＭＭ讲的，似乎都有道理．

那么，　撇开the considerable opportunity cost ($100K * 2) and tuition and boarding ($100K)不谈，到底top FT和Haas PT比，　offer哪些更有价值的东西？

dianarose ＧＧ?  MMs?

josh_han

If the top program means any one of Harvard/Stanford/Wharton/MIT/CB, then definitely worth if you do not like your current job. Money, definitely, is not the most important thing in my life though I am not rich.

robertchu

I agree that money is not the most important thing in life.  But money is still something one should possess to better enjoy life, right?

Considering the huge amount of money at stake here, I guess the question boils down to

What the top 3 or 5 FT programs offer can not be gained throught Hass PT?

IMO, answering this question should offer hints to answering the original question.

dianarose

I think a proper way for clarifying the seemingly complex dilemma is just to go through the whole application procedure or at least the essay composing step, even though you are not gonna devote yourself into the admission process. Thus it might be easier for you to find out your long-term aspiration and the way you approach it -- the storylines that can probably solve your dilemma.

Confirm your long-term aspiration and you'll be able to launch a reasonable comparison between $300k and a critical chance to change your career path.

Thinking about how you approach your career-switch goals yearly, quarterly and gradually, then hopefully you can properly evaluate FT off PT, and among various schools.

No one can offer simple and decisive answers except yourself... and that's the reason b-schools keep demanding those cliche essays.

In terms of money, I guess you may not need to worry too much -- when you were concerned about the post-MBA salary, you were actually comparing a medium level salary in a certain field with a something entry-level one in another. Just consider that the average compensation of most top b-schools' MBAs in their 3rd or 4th post-school yr easily exceed $150-200K and what your expected earning will be in 5 or 6 yrs.

There are never acknowledged "top 5 schools", but only your shortlisted top 5 schools. If you prefer IT/project mgmt, they might be HBS, Stanford, MIT, Wharton and Berkeley. If you are gonna stick to finance, then Wharton, Columbia, NYU, Chicago and MIT. For creating startups, maybe Stanford, Berkeley, MIT, HBS and UCLA. If you just wanna secure your job-switch and have no idea where to go, probably HBS, Stanford, Columbia, MIT and NYU. So it's still up to you.

dianarose

以下是引用robertchu在2004-7-8 15:13:00的发言：

What the top 3 or 5 FT programs offer can not be gained throught Hass PT?

it's easy to pour cliches upon this key question: intensive academic life, real campus community, full career-development support, ... however no tailored answer can be offered unless you keep seeking detail information from different approaches and various insiders.

janechen

I said earlier that this is all about opportunity-cost, which, in this case, boils down t

full-time program: 2-year tuition + 2-year loss of income + 2-year loss of work experience

Another advantage with full-time program is the networking experience, which may or may not be comparable from the part-time program.

I agree with others that, in the long run, it doesn't make any difference if you did your MBA part-time or full-tume, assuming your degree is from Berkeley or any other top schools. Berkeley is a top school. And when it comes to post-MBA salary, perhaps HBS grad makes slight more on average , but I bet it's not substantial at all.

The real question is, what exactly do you want to do after MBA? Many former IT professionals go into management for tech firms. But if you want a complete change of career, (for example, from pre-MBA software eng'r to post-MBA investment banker ), then do the full-time program, because it doesn't make any sense to still around just for the money. If you still want to stick around with technical related areas (not necessary in IT), I would stay with PT program.

Have you thought about letting your company know that you're interested in MBA? They may be even willing to let you move into a non-programming track and cover some of the cost of your part-time program.

robertchu

dianarose "Just consider that the average compensation of most top b-schools' MBAsin their 3rd or 4th post-school yr easily exceed $150-200K and whatyour expected earning will be in 5 or 6 yrs."

Very interesting.  Is there any published numbers or surveyresults on the compensation of top program graduates in their 3rd or4th post-school years?  If so, where can they be found? Thanks!

dianarose

School	5-year gain 1 ($thou)	5-year gain 2 (%)	Years to payback	Class of '98 salary pre-MBA ($thou)	Class of '98 salary in 2002 ($thou)	Tuition-class of '04 3	Median GMAT Class of '04	Public/ Private	Location
Harvard	149	88	3.1	60	195	64	710	private	Boston, MA
Dartmouth (Tuck)	139	91	2.8	50	161	67	700	private	Hanover, NH
Columbia	147	104	2.6	46	160	67	711	private	New York, NY
Northwestern (Kellogg)	126	83	2.9	50	160	66	700	private	Evanston, IL
Stanford	133	83	2.9	58	160	70	NA	private	Stanford, CA
Chicago	145	97	2.7	50	153	67	700	private	Chicago, IL
IMD	134	141	1.9	66	150	40	660	private	Lausanne, Switzerland
Insead	148	171	1.7	57	150	49	704	private	Fountainbleau, France
Pennsylvania (Wharton)	134	90	2.7	50	150	58	710	private	Philadelphia, PA
MIT (Sloan)	118	78	3	49	141	67	710	private	Cambridge, MA
Cornell (Johnson)	122	92	2.8	40	140	64	680	private	Ithaca, NY
NYU (Stern)	120	89	2.7	47	139	63	700	private	New York, NY
London	114	85	2.8	50	135	57	690	public	London, UK
UCLA (Anderson)	118	94	2.7	48	135	49	700	public	Los Angeles, CA
Yale	137	112	2.5	37	131	65	700	private	New Haven, CT
Cambridge (Judge)	131	166	2.3	53	130	36	680	public	Cambridge, UK
Oxford (Said)	125	179	1.8	48	129	37	690	public	Oxford, UK
UNC (Kenan-Flagler)	132	119	2.4	43	129	54	680	public	Chapel Hill, NC
Duke (Fuqua)	95	73	3	43	127	65	710	private	Durham, NC
Virginia (Darden)	123	101	2.6	45	126	64	684	public	Charlottesville, VA
UC Berkeley (Haas)	95	80	3	44	125	50	710	public	Berkeley, CA
Babson (Olin)	22	17	4.5	47	123	53	643	private	Babson Park, MA
Georgetown (McDonough)	93	76	3	37	120	61	661	private	Washington, DC
USC (Marshall)	88	76	3.1	39	120	58	680	private	Los Angeles, CA
Boston College (Carroll)	47	45	3.9	38	118	49	660	private	Chestnut Hill, MA

Carnegie Mellon	99	78	2.9	40	118	65	680	private	Pittsburgh, PA
Emory (Goizueta)	99	95	2.8	40	116	61	675	private	Atlanta, GA
Michigan	96	71	2.9	45	116	67	690	public	Ann Arbor, MI
Vanderbilt (Owen)	93	77	2.9	38	112	59	648	private	Nashville, TN
Notre Dame (Mendoza)	77	67	3.2	36	111	54	650	private	Notre Dame, IN
UC Davis	11	9	4.8	48	110	51	667	public	Davis, CA
Indiana (Kelley)	84	78	2.9	38	106	45	651	public	Bloomington, IN
Cranfield	71	109	2.5	53	105	38	640	public	Bedford, UK
HEC-Paris	24	25	4.3	48	105	35	660	public	Cedex, France
SMU (Cox)	84	76	3.1	34	105	52	660	private	Dallas, TX
Texas-Austin (McCombs)	114	114	2.4	38	105	51	680	public	Austin, TX
SDA Bocconi	94	191	2	39	104	31	670	private	Milano, Italy
University of Washington	54	55	3.4	40	104	37	671	public	Seattle, WA
William & Mary	94	102	2.7	35	104	45	600	public	Williamsburg, VA
Tulane (Freeman)	86	81	2.9	33	103	56	663	private	New Orleans, LA
UC Irvine	9	8	4.7	45	102	50	680	public	Irvine, CA
Australian GSOM	79	100	3	37	101	36	640	public	Sydney, Australia
Minnesota (Carlson)	88	99	2.7	35	100	47	645	public	Minneapolis, MN
Penn State (Smeal)	84	101	2.7	31	100	42	645	public	University Park, PA
Purdue (Krannert)	83	80	2.9	39	100	48	650	public	West Lafayette, IN
Rochester (Simon)	73	64	3.1	37	100	61	640	private	Rochester, NY
Wake Forest (Babcock)	91	87	2.8	33	100	50	640	private	Winston-Salem, NC
Rotterdam	70	74	2.9	36	99	33	630	public	Rotterdam, Netherlands
Brigham Young (Marriott)	108	149	2.3	30	98	19	650	private	Provo, UT
Illinois-Urbana-Champaign	79	97	2.8	36	98	21	640	public	Urbana, IL

this is a Forbes investigation. i barely remember BW and U.S.News both have conducted similar statistics.

[此贴子已经被作者于2004-7-9 2:01:20编辑过]