Applications to MBA programs across the U.S. are declining. WSJ's Jason Bellini traveled to Boston University's Questrom Business School to hear from students who explain why the investment is worth it. #WSJ #MBA #BusinessSchool
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@salmp74 жыл бұрын
I really enjoy journalists who are aggressive during interviews. good job!
@mdsameerthunder4 жыл бұрын
he is the most aggressive and dynamic journalist I have ever seen; he should be in FBI integrating criminals; haha keep it up
@DenisioDB4 жыл бұрын
The guy's great! He's asking inconvenient questions without making people uncomfortable.
@thisisntsergio13524 жыл бұрын
@@mdsameerthunder I want him to interview Andrew Yang.
@Kanal7Indonesia4 жыл бұрын
He should be on Vice
@skfkfkd4 жыл бұрын
hahahaha me too he was so cheeky
@danyellhenrique4 жыл бұрын
Gets an MBA, works for company owner who never finished high school.
@igazii62584 жыл бұрын
This is true read the story of oyo founder ritesh aggrawal he has hired couple of people from harvard
@MrTimmy234 жыл бұрын
This is actually not true at all. As Zenish was saying
@danyellhenrique4 жыл бұрын
@Zenish Khumujam of course they do, but i said owners, not the people they hire to run their businesses
@evropakhan11374 жыл бұрын
You sound like the guy who took Steve Jobs job cause you thought you were better cause of your degree when he dropped out.
@ludwigvonsowell53474 жыл бұрын
kcelestinomaria what’s your excuse then.
@WillJackDo4 жыл бұрын
24k for an online course? How can you even say that with a straight face?!
@Gamenetreviews4 жыл бұрын
I’m in a law degree online and it’s a similar price. I suppose we subsidize the school.
@novael65824 жыл бұрын
You will get free eduction in Norway. Even in PhD level
@Gamenetreviews4 жыл бұрын
Nova El They have a giant supply of oil so they made a trust fund that gave every citizen like 200K. It’s the country equivalent of being born into a rich family.
@Terence__4 жыл бұрын
😂😂😂😂😂😂😂
@DanielHall2124 жыл бұрын
@@Gamenetreviews I guess dream do come true there lol
@Sjalabais4 жыл бұрын
Very good interviewer. To the point, honest, but not overly aggressive. Got the most out of his interviewees.
@Ric4194 жыл бұрын
At least she was honest, "it's a business," which is all higher education is today. To make matters worse, it's only worth something if it's from a top tier school.
@user-lu6yg3vk9z4 жыл бұрын
not so true there are plenty of people who graduated from ivy league schools who are struggling in life today.
@nachannachle27064 жыл бұрын
Top tier schools don't exist anymore. They have been debunked by the number of drop outs who have testified on how vapid and predatory these "institutions" are.
@todoldtrafford4 жыл бұрын
It’s a racket now
@RichardWalls3 жыл бұрын
It is a business. There's nothing wrong with that; they offer a product and service like any other business, and the goal is to provide value and while ensuring continuity and growth of the business. It's only a "bad thing" when they begin to overcharge while the product/service value declines. At which point, hopefully enough people decide to pursue other options and sends the signal to the university they need to change. This, in my opinion, is certainly the case w/ Ivy League schools. Overpriced.
@lumiere25983 жыл бұрын
@@nachannachle2706 can you link the articles/posts that talk about how they were debunked?
@WeAreBikeScouts3 жыл бұрын
So, let me get this straight, I'm supposed to pay a ton of cash to learn about business from a business that can't keep its business relevant?
@bornfree60673 жыл бұрын
Spot on!
@MsUmwolverine3 жыл бұрын
Beautiful
@DevTheDudeRN3 жыл бұрын
THIS !!!!
@davemichal8993 жыл бұрын
kzbin.info/www/bejne/aXyxm3WGhJyVmcU
@elsaucelloron19222 жыл бұрын
😅 😂 😅 😂 😅 👍👍👍👍
@RFJersey4 жыл бұрын
An MBA is only as good as the school that it comes from.
@projectz97764 жыл бұрын
Absolutely. I dont find it a rational spending unless it's from a FT top20 global schools.
@RFJersey4 жыл бұрын
Project Z That is exactly correct, that is where the major firms recruit.
@baseball26624 жыл бұрын
That can be said for any college degree, really
@RFJersey4 жыл бұрын
Supreme Being Gender studies and other liberal arts degrees of that nature are not as dependent on school reputation.
@benjamin71144 жыл бұрын
Any academic achievement is only as good as the brain it goes into .
@MegaDanca13 жыл бұрын
I’m officially a “customer” not a “student” anymore.
@princereddy48873 жыл бұрын
Yes Universities are no longer places of learning they are "Businesses"
@supernerd70933 жыл бұрын
get a degree in gender studies, art history or philosophy (to name a few basket weaving degrees ) and you are a victim of a rip off
@francgride75263 жыл бұрын
Yup, buying a product
@shaharifmangaru91633 жыл бұрын
yeah that hit me too
@KJasonV3 жыл бұрын
The sooner you learn that, the closer you are to graduating
@SolutionsSolved4 жыл бұрын
Why don't you cut your administration fees and lower your tuition and you will have more MBA applicants
@Juzzyjuzzy4 жыл бұрын
Webetripin 4725 simple demand and supply stuff.
@tryrshaughroad5514 жыл бұрын
Have you ever heard of a Veblen good? Higher education in the US is somewhat like that
@lamzo-yi4ku4 жыл бұрын
They dont even need to do that, all colleges are subsidized and tax free.
@faithlesshound56213 жыл бұрын
In England, all public universities charge the maximum they are allowed, for fear of being thought cheap and second rate. For a lot of luxury goods, high prices make them more sought after and low prices are suspect.
@davemichal8993 жыл бұрын
kzbin.info/www/bejne/aXyxm3WGhJyVmcU
@rac3r54 жыл бұрын
Was looking at MBA's last year. Even attended a few mock classrooms hosted by an MBA school. This is what I learnt. A lot of people get MBA'S when they are too young. Without experience, you're not able to easily apply concepts. An MBA exposes you to the corporate mindset way of thinking. If you work in a corporate environment, having exposure to higher level management achieves the same thing. Another thing promoted by MBA'S is networking. If you have an interest in a field, attending conferences and meetups help you achieve the same thing. If you want an education in business, get a business degree or diploma. There are lots of free online resources available. I know a few people who have MBA's and they're not working in a job that utilizes their education. When it comes down to it, it's not the degree, it's your drive and hustle that will advance you.
@rvegas812 жыл бұрын
Bingo-my master's degree program mostly only took folks who were 23-24 years old. We were way too young. Im glad I have more life experience now.
@BlogofTheW3st4 жыл бұрын
Translation for the title of this video: “New generation questions the need for an MBA in order to become a corporate or governmental functionary”
@panzer_TZ4 жыл бұрын
Blog of The W3st Honestly, I doubt any salary increase would be worth a $100,000 increase in student loan debt + interest. The monthly payment alone would suck up any extra spending money you gain for decades.
@davemichal8993 жыл бұрын
kzbin.info/www/bejne/aXyxm3WGhJyVmcU
@brucevann71294 жыл бұрын
I'm a first generation college grad from a blue collar family. In a few weeks I expect to close on a great business. Had I not gotten an MBA from UVA, the idea of entrepreneurship through acquisition wouldn't have even crossed my mind and I wouldn't have the capital to invest. B-school was the best decision I made in my career.
@catalinacurio4 жыл бұрын
Learning about forecasting and so forth was useful but nothing beats experience, ya gotta put theory into practice.
@infernogamers1684 жыл бұрын
Is it the case of if you have the MBA it puts you potentially in such a position quicker?
@xXZian6Xx4 жыл бұрын
Getting an MBA as opposed to an undergrad with no experience places you higher as a potential candidate in a company. Also, a good MBA course will provide international perspectives giving an added benefit in this business climate where everything is intertwined.
@adarsh56473 жыл бұрын
Yup
@Pcarnevaaa4 жыл бұрын
“It is a business” And there you have it folks.
@sailaway2584 жыл бұрын
The best thing you can get is connections
@lokeyfunny4 жыл бұрын
You can make connections sitting in a WeWork also :D. It's expensive, but not MBA expensive.
@ahmedaly1164 жыл бұрын
What if I have social anxiety?
@jryde4214 жыл бұрын
@@ahmedaly116 then its not for you
@ahmedaly1164 жыл бұрын
@@jryde421 LOL!
@projectz97764 жыл бұрын
Get them in Linkedin
@phoenix50544 жыл бұрын
I enjoy my MBA classes. Is it worth it? Maybe only time will tell. I already make decent money as a Software Engineer, but formulating business strategies and seeing things from a different perspective are things I definitely enjoy.
@ipponsuki4 жыл бұрын
You don't need a MBA for that.
@eventusvantos27704 жыл бұрын
@@ipponsuki but it helps you get a better job as a software engineer and will also help you to make a business.
@eventusvantos27704 жыл бұрын
@@ipponsuki also the connections.
@phoenix50544 жыл бұрын
@@ipponsuki Yeah. In the same way you don't need a Computer Engineering degree to code (but I do and don't regret it). Seriously, the hate education gets nowadays is just astounding.
@ipponsuki4 жыл бұрын
@@phoenix5054 Do you know the difference between education and indoctrination? Which one are you paying for?
@andrewg43614 жыл бұрын
Went to a community college and university that offered online and lecture type courses. I decided to sign up for all my classes online instead of lecture since I learn better at my own pace. What I'm explaining is that just because I was online for 3 semesters didn't mean campus was prohibited to visit. I could show up to campus and still make connections with groups and guest leaders any day. Online courses are more flexible to people working full time and trying to earn an education.
@user-gr7pm7iz8w4 жыл бұрын
Starting your own business, owning and running it for a few years, looks way better than just simply having an mba on your resume when applying for a corporate business position.
@agamerjourney91464 жыл бұрын
learn that some biggest corporation are turning away college graduates. Instead looking for people with life experience in running a business.
@shrisub8814 жыл бұрын
@@agamerjourney9146 show me some data
@boomingtonburt87353 жыл бұрын
Not true at all, corporate experience is much more valuable.. Take it from an entrepreneur
@user-gr7pm7iz8w3 жыл бұрын
@@boomingtonburt8735 MBA
@johnvalerian84404 жыл бұрын
It’s a ‘it depends ‘ question. A MBA from Stanford or prestigious means something, a MBA from some online university is probably bs.
@RichardWalls3 жыл бұрын
There are alot of reputable universities offering their MBA online (in addition to on-campus). ASU, UNC, Indiana, Carnegie Mellon, etc. There are though alot of bunk online programs.
@faithlesshound56213 жыл бұрын
Why? Their students can read the same books and journals. At postgraduate level, lectures are not so important a way to learn. They can interact more easily on-line than in a common room or refectory.
@SchteeveFour4 жыл бұрын
Good interviewer! Asked the right questions while being respectful. Thanks!
@buddylovely4 жыл бұрын
MBAs teach you how to smile as you kill.
@HPTeguh4 жыл бұрын
This is also true lol
@JackIsNotInTheBox4 жыл бұрын
When you spend a week getting ready for a business photo, it better.
@jacob96734 жыл бұрын
Something that people who can smile, and people who kill, can learn on their own.
@davemichal8993 жыл бұрын
kzbin.info/www/bejne/aXyxm3WGhJyVmcU
@ericz78814 жыл бұрын
This is a pointless question. An MBA from Harvard surely opens doors, an MBA from Phoenix University not much. I guess if you have to question whether it's worth it than it's most likely not. Think of it as buying a car, would you even consider buying a particular car if you have doubt in its safety.
@MrBlinder5144 жыл бұрын
More like branding your CV stuff
@ericz78814 жыл бұрын
@@MrBlinder514 not really. If you think an MBA will help you land a better job then you will be shocked how little value it carries in the job market. A no name MBA is not worth pursuing period. If you pay attention, all the big name MBAs only recruit those already successful so I will let you make up your mind whether it's MBA adds value to the candidates or the opposite.
@elvinlee75924 жыл бұрын
@@ericz7881 agree. For a MBA a top ranked school is essential. The level of students are also different. There is self selection in the top tier schools.
@aveekpaul55454 жыл бұрын
@@ericz7881 Then what to do Sir? As in my case I am 27 years old with 5 years of no work experience since graduation and I want to pursue a career in logistics/Supply chain. Then what should be my course of action? Should I go for 2 years mba course or some training course of logistics?
@ericz78814 жыл бұрын
@@aveekpaul5545 Sorry I'm not in the position to give out career advice in an area(logistics) I know nothing about. If I have to say something, if you are admitted into an mba such as Harvard, Stanford, Wharton etc. then you are probably not lack of decent job offers already. If not, I don't think an mba will change anything.
@jctai1004 жыл бұрын
When I grow up I'm gonna play in the MBA!
@ZALMANN4 жыл бұрын
Do us proud. Graduate as an mvp
@brandonliao4084 жыл бұрын
Eyes on the debt! Keep your eyes on the debt! C'mon Johnny!
@alfredoalcantar86914 жыл бұрын
Ok lebum 😂
@RichardWalls3 жыл бұрын
And lead the league in rebounds from piles of debt.
@davemichal8993 жыл бұрын
kzbin.info/www/bejne/aXyxm3WGhJyVmcU
@forever_golfer19814 жыл бұрын
None of the Ivy League schools have online MBAs. There’s your answer.
@08Aniyah4 жыл бұрын
But they DO have online business degrees.
@forever_golfer19814 жыл бұрын
Parker Boonies TV Who? Harvard and Yale don’t have online MBA programs. Neither Princeton, Columbia, Brown, Wharton, Cornell, or Dartmouth.
@08Aniyah4 жыл бұрын
@@forever_golfer1981 True, because Harvard uses the case method approach in its class discussion, but they have an alternative at the moment to the MBA, which is just an online grad degree in management. And perhaps after demand increases, there will be an online Ivy League MBA. it's only a matter of time.
@stopcheatingconsumers97794 жыл бұрын
@@08Aniyah agree!
@frankiey99434 жыл бұрын
Yea because ivy schools are too prestigious. They accept so few students to their MBA program they expect them to be present cause of extremely rigorous amount of work
@alexandra4real3603 жыл бұрын
I wonder how the future of MBAs will change after the covid pandemic? A lot of people do the MBAs because of the networking possibilities. That’s hard to do when all the courses are online.
@xxyanlixx4 жыл бұрын
I thought this interviewer was condescending in the beginning but his burning questions are actually very enticing for the audience. Good job well done
@akjain19974 жыл бұрын
Applications are down, admissions ain't.
@numanhussain60804 жыл бұрын
Well ,duh. The school is not going to say no to $50,000 is it?
@rickimcfarland22694 жыл бұрын
Not true. M7 schools are pulling from their waitlist.
@SenKyrstenSinema4 жыл бұрын
Graduate school enrollment has actually been pretty stagnant over the past 9 years and undergraduate enrollment has been decreasing during the same period.
@user-lu6yg3vk9z4 жыл бұрын
@@SenKyrstenSinema the reason enrollment is going down is because people are realizing college is a scam. there is a shitload people with degrees working in jobs that dont require degrees. youtube peter schiff college.
@jiukalita4 жыл бұрын
MBA from Harvard, Wharton, Stanford, MIT and UChicago is worth it. Others, not so much. Plain and simple.
@km01464 жыл бұрын
jpgk1927 and NYU stern
@supahstar8574 жыл бұрын
Columbia, Yale, Dartmouth, duke,Cornell
@kylesummers74784 жыл бұрын
And you forget UPenn the top place for finance...
@ultran844 жыл бұрын
@@kylesummers7478 Whose business school is called Wharton...
@Juzzyjuzzy4 жыл бұрын
An MBA anywhere is worth it, if you actually have the passion and skill to excel.
@andrewo81844 жыл бұрын
The interviewer is Great. Realy good questions and to the point. Keep going.
@thomasaquinas52623 жыл бұрын
I'm a retired CPA with an MBA from the Bauer School(UHouston). We don't predict the future well, do we? So what will succeed is hard to do and an MBA isn't much use there. What it does do is shield you from the pitfalls and mistakes that lie ahead of us. As Ben Franklin said, a penny saved is a penny earned. My degree actually caused me to miss 1 or 2 great opportunities, but it also saved me thousands in avoiding poor investments, bad business ideas, and foolhardy partnership proposals. Overall, it was well worth the degree. But my degree was in 1984 and cost only $5,000 post-grad.
@sloanbanks95313 жыл бұрын
Depends on the institution which grants said MBA. MBAs from top business schools are certainly worth the money. I have a MBA and it has paid for itself 3 times over. I graduated in 2013. Right out of b school I was making over $100k base. That didn't include bonus of 15%. I had the MBA and about 6 months experience from an internship when hired. Now 7 years later - well, let's just say I'm in my 30s and I own a townhouse in Manhattan on the UES. Was it worth it for me? Yes.
@vivekt.2038 Жыл бұрын
So it is necessary to Get experience before Doing MBA ? Do u have Some Work Experience before Joining MBA ?
@DavidAning Жыл бұрын
Wow. That's awesome! What school did you go to for your MBA and what did you specialize in?
@strauss71512 жыл бұрын
I dropped out of a top-30 MBA program because I felt it was just repackaged common sense and a huge waste of my time. I now run my own business and make high six-figures. Never felt that I was missing anything that I couldn't learn on my own from the internet.
@p.seng1819 Жыл бұрын
Funny because I've been into finance and business for about a year and have been studying it on my own-- no I haven't started a business or anything but so far in my journey in learning, I've found that every free university course or book recycles the same concepts and ideas from other each other. So a part of me doesn't expect an MBA course to be any different if I can redo the courses I've done and get certificates on them which could eventually be equivalent to having a MBA degree. Mind you I just graduated highschool and supposed to have a career in mind but I figured that MBA was not my path when I know or can get everything I want to know off the internet!
@juice8431 Жыл бұрын
if youre starting a business experience is more important than anything else. If youre an employee, thats a whole other story..
@helindeelaka93624 жыл бұрын
This journalist is on fire 🔥. What an interview!
@icyyadao10844 жыл бұрын
MBA changes your way of thinking and the way you manage/strategize your business. It gives you a deeper understanding and appreciation of the corporate world in different areas - finance, hr, strategic operations, leadership, etc. It prepares you for the bigger role in the corporate. Having gotten an MBA degree myself, I can definitely say that it is worth it! 💥💥💥
@shanewillbur13254 жыл бұрын
So that an MBA can go and work for a company built by someone who didn’t finish high school? Do you not see the irony there? The issue here is that if you are in competition with a self starter who consumes business books like air, and hits the real world during the time you are “getting your MBA”, you are going to be at a disadvantage while people like him get the head-start. The public has seen too much of the latter, and not enough the MBA making the cut. The cost of it is causing alot of people to scratch their heads and rethink the college approach.
@francisd70814 жыл бұрын
It’s really quite simple. Over time more and more people are realizing that to be successful in business, for example to own your own successful startup wether it be in tech, fashion, food, etc, you really don’t need an MBA and in many instances it actually saddles you in tremendous debt and damages you. Combine that with the rising costs of high education and you see why the numbers are declining.
@JoseRodriguez-ti2ii4 жыл бұрын
MBA enhanced my previous exposure to real life business situations.
@JohnYuFitness4 жыл бұрын
There's also a trend in which some schools are adding the MBA as a dual degree option. Some of them are like the JD/MBA or MEd/MBA. It's making the MBA a secondary degree as opposed to one that someone would focus 2 years on.
@lllllllllarose4 жыл бұрын
The students’ answers are so shallow. I’m now even more sure that they don’t know what they’re doing.
@gandaya9004 жыл бұрын
Kanjani 8 lol
@raybod17754 жыл бұрын
They're too young to know what they're doing.
@miaoli39914 жыл бұрын
MBA is just a lie making people believe they will be rich through this kind of training, but in fact, being rich depends on what kind of resources you have in your hands rather than a piece of paper.
@Montfortracing4 жыл бұрын
@@raybod1775 too young?! C'mon man. By the time you're in college you should already have a very good idea what you want to do. Unfortunately many in college these days don't
@peekstar4 жыл бұрын
Agreed sounds like they are trying to convince themselves
@ameyakasture4 жыл бұрын
It all boils down to the job prospects. Having an MBA degree is not a necessity for starting a business and if one seeks a job then MBA degree acts as an add-on degree to base qualification. For an employer, experience will always come first and MBA would then make a bigger impact. Book formula doesn't necessarily translates well in real life. When degrees are on sale, and most have it, experience makes all the difference. As the lady in the video rightly said "it's all business" and irrespective of what happens to those students, the University is doing good business and most will live below their means to cover the expenses!
@janaeraquelmiller Жыл бұрын
It’s not a necessity for starting a business, but it’s definitely a necessity for growing a business. This is coming from first-hand experience as a business owner, who’s business makes six figures.
@fernandomancilla61263 жыл бұрын
2019 Online school why would we do that 2020 Only online now
@Daniel-tv9tb4 жыл бұрын
The real value of the MBA is getting the interview for the Director+ level positions.
@brandon24043 жыл бұрын
Exactly, I went back after seeing the roles I wanted requiring an MBA to even be considered.
@Kanal7Indonesia3 жыл бұрын
Amen!
@LittleMorrie4 жыл бұрын
I'm currently in a tier 2 MBA program. My company is picking up the tab... Otherwise, I wouldn't be doing it. However, I do believe it can be very beneficial for stem undergrads. Having a technical background with an MBA is gold. Unfortunately I majored in accounting.
@Kanal7Indonesia3 жыл бұрын
Thank you for your insight.
@MsUmwolverine3 жыл бұрын
Myself and a few of my classmates from university all became self made millionaires around 30 after working in corporate America. Do you know what we have in common? None of us wasted $200k and 2 years of not working to chase a fluffy MBA degree. Unfortunately a few of our friends did. And they went to Top 10 MBA programs. Now they're mired in interest bearing debt. When you are not clear about what you want and don't have a vision for yourself, it's much easier to get swindled by a school with a "big name".
@playtimewithemihle2544 Жыл бұрын
How do you become self made millionaire
@MsUmwolverine Жыл бұрын
@@playtimewithemihle2544 many different ways 1. target school --> ibanking --> private equity --> vc 2. big tech (specifically FAANG) 3. early employee in start-up that has liquidity event 4. start investing in stock market super young and constantly crank base salary + bonuses to then immediately reinvest 5. rental properties But all of the above rely on you getting good grades, going to a top university, not taking on debt (i.e. lots of scholarships) and living frugally for a long time The bottom line is if you want to be a millionaire by or before 30, you have to avoid debt like the plague
@msmadisonmae264211 ай бұрын
@@MsUmwolverine What school did you attend & do you think it was worth it?
@thebuzzinc27573 жыл бұрын
You would think MBA’s are worthless, but at the same time when you go on a lot of these applications they specifically state “master’s required”or “masters preferred”
@117sesshomaru1173 жыл бұрын
State jobs and federal jobs
@lindafukuyu57673 жыл бұрын
I remember back then when I was in College in early 90s .. I paid none for my tuition .. got my BS and Master. Today? Kids are paying the astronomical tuition and jobs have been outsourced .. jobs are not paying good enough and kids owe so much debt. Not Worth it ! You can do Online Degree now especially after COVID-19. Everything changes. Screw that University with crazy tuition !
@vaibhavkapoor57934 жыл бұрын
You all should read starting 30 pages of personal mba book It explains how teaching mba is just a business. Business can be learned by many other and better wayd
@vl26634 жыл бұрын
Ayyy I just bought that book a few days ago 😁
@fundinkuta70824 жыл бұрын
@5:22 good follow up question about “dynamic”. Corporate speak thrives of ambiguity
@MP-kv4tg3 жыл бұрын
I am taking online school right now due to the pandemic. I was thinking of a top school like USC but the cost is just crazy. I decided on a state school. I think it’s what you make of it, if you get out of your comfort zone, email, and have a specific realistic goal then you’ll be in good shape. Im an accountant and would like to start my own tax and accounting firm, but I could’ve started without the MBA. I want to get into teaching at a CC. Requires an MBA so I think I’m good just need to grind it out
@whiterabbit40483 жыл бұрын
Cut with all of these none sense. Your goal is to get rich. Not rich but filthy rich.
@monkeymoo874 жыл бұрын
It’s just access to the network and schools recruiting platform... other than that I hear they just travel and get wasted... fun but expensive
@FirmLearning4 жыл бұрын
Great video! As an INSEAD MBA and Ex-McKinsey, I recently created a video on my channel what I believe the top 5 reasons are to do an MBA. Hope this is helpful - interesting topic!
@Mas34520014 жыл бұрын
Yikes. It's a hard no. Better off putting the 50k + into a house. Also I've worked with many MBAs and they're no more proficient than people with BAs. If anything they're worse because many think they're better they really are due to their over confident dispositions.
@Mas34520014 жыл бұрын
@Richard Dixon you must have failed finance if you dont know how interest on that debt works
@rickimcfarland22694 жыл бұрын
@Richard Dixon Share with the class how it works.
@Mas34520014 жыл бұрын
@Richard Dixon oh geeze. Lot of ground to cover here which is a clear sign I'm deal with an idiot. For starters educated people dont make such bold assumptions. I have a fiance degree and also operate in dats science so I don't only know the numbers, I know how to build a code to process that data so it can prove you wrong for me. Next up I'm rather suprised they never taught you cognitive bias with all the money you poured in. Maybe they skipped that because it was in their interest to pad your ego so they could pick your pocket and have you feel good about it. Lastly your field is the one of the only ones where an MBA makes sense as you often need it to be a CPA which is in fact lucrative. The same is not true for social sciences, more general business specialities, or any other field that isnt commercially viable. Even in my field that is lucrative we dont feel a masters is worth as much as just getting more certifications/skills that will make you more competitive in the field. So you trying to correlate high salaries with MBAs likely doesn't adjust for two things. First it likely doesnt adjust per industry or by age. Of course there will be higher earners in some fields or are in more mature cohort that are at the peak of the lifetime earning potential which will inadvertently drive up the average. So go back and make a group of just 20-30 somethings then splice it by field then let me k know if everyone is on the gravy train.
@maxmeier5324 жыл бұрын
@Richard Dixon you have 2 millions in investments and have enough lack of selfworth to argue in the youtube comment section like a 5 year old? Interesting!
@grod8053 жыл бұрын
Higher education is all about connections and luck. I always wanted to get a Masters or Professional degree but when I graduated with a BA and no job opportunities while people with my same degree were getting nice jobs because their recruiter liked them or they had some connection here or a family member there I realized it really wasn't worth the risk to go hundreds of thousands of dollars into debt and be considered over qualified for a $40K a year job but underqualified for a $80K a year job because you don't have work experience.
@JamesB.14 жыл бұрын
I would value a more specialised post grad higher, like a C.A, C.F.A, AICD
@cat-.-4 жыл бұрын
I go to Boston U, but I'm not a Questrom student. Took several courses there. One thing my questrom friends and me agree: business school courses are pointless and useless, you can learn all of it and then some by downloading the syllabus and reading the textbook. Networking is why you are there.
@livewithtruth48064 жыл бұрын
Very straight forward questions! Good job!
@andrewca16593 жыл бұрын
MBA = general degree with no real specialization (no, your specialization does not make you a specialist). Get a degree in a business skill: accounting, economics, or finance.
@danielmurillo10604 жыл бұрын
I just got a new job at a corporate office and half the questions they asked were regarding my masters program...... it definitely helps regardless of what anyone says
@avereussabine67574 жыл бұрын
Lol after you have done masters they will ask questions related with masters not bachelors dumb
@danielmurillo10603 жыл бұрын
avereus sabine well yeah but I didn’t even finish my masters yet and that’s all they seemed to car about , and now that I’m 6 months in they told me that was one of the main reasons they hired me so no not dumb actually
@jerrypie4 жыл бұрын
My cousin got her bachelor's degree in finance years ago and she often talks about wanting a master's degree because there are some jobs you can't apply for without a master's degree.
@mikejohnson37134 жыл бұрын
Jerry N. I got my bachelors and masters in criminal justice because of my masters degree i moved up rank faster then my peers and make 70k a year. Its masters degree is worth it only if it gives you the competitive edge.
@nitigyashaw2 жыл бұрын
The journalist was great, and the dean was transparent giving honest response like terming education as business and courses as products which is pretty rare nowdays.
@AlMansurpictures4 жыл бұрын
Sharp journalist, keep the good work!
@demstaincanada4 жыл бұрын
The best lessons in life is life itself.
@youngblisslife43083 жыл бұрын
In my grad program, part of the reason I made it into my second year was through networking and befriending my cohort. I cried a lot during my first semester of grad school and if it wasn’t for my cohort, I probably would not made it into my second year. Due to Covid, everybody is remote. I definitely don’t feel like it’s worth paying on campus prices for online but what can you do...
@christopherliang68794 жыл бұрын
Nice questions! They were all very straightforward and relevant
@nycyaofan2 жыл бұрын
As someone who grew up with blue collar parents, the Ivy League MBA taught me how corporate America works and how to talk the talk walk the walk, and how to sort of fit in, i sound smarter, I can BS my way through a hard question, but in gaining real skills that improve the world, it’s a waste of time. It’s good for getting a traditional job in the corporate world, lock in a relatively comfy upper middle class 200k a year income, and open some doors for certain professions, like finance and consulting. You don’t gain real skills in demand however.
@c.b.55354 жыл бұрын
The cost is too high. I don't want to have to get a MBA through my job and be stuck there. I want to be able to just afford an MBA on my own.
@leoncampa3 жыл бұрын
80% of what you learn in an MBA school, one can learn online. The rest can be earned through life experience. You would be better off finding something to sell and begin selling it. You will probably fail on your first tries, but each of those failures will make you learn more in the few months you get back up on your feet and tackle your next idea, than 6 years of business school.
@iamcherreymaiya3 жыл бұрын
They have articulately described their stance. They totally made the point clear on how the MBA will give value to them.
@mr5timewcwchamp4 жыл бұрын
After seeing my undergrad loans, I refuse to pay for my masters. I'll look for fellowships/scholarships/or get an employer to pay for it. 78k a year is INSANE
@mikejohnson37134 жыл бұрын
I was very fortunate the because of me being in the National Guard the State waived my tution for both my bachelors and masters degree.
@PrexXyx3 жыл бұрын
Jesus, 78K/year? Tell this to an average European, and they'll think you are joking. Higher education is free/almost free here. In fact, when I was doing my BSc, the state didn't just pay my tuition, I received scholarships that almost covered my living expenses. Not to mention the Erasmus+ programme, which allowed me to study a semester abroad (in a way better uni) for free. They even paid for about 2/3 of my expenses there.
@LaMuffin-il7ei3 жыл бұрын
How do you get an employer to pay for it? Do only big companies do that?
@josephlugo30154 жыл бұрын
If you listen to the students carefully, you can tell that it is only for certain career fields that an MBA would be worth it. Careers like the medical and engineering fields where an MBA is necessary for advancement. Getting an MBA nowadays is not the sure thing that it was a couple of years ago and people are starting to see that which is why enrolment is down for MBA programs.
@may40813 жыл бұрын
Would love to hear their thoughts now post covid about “online” alternatives 👀
@serruptitiousfool3 жыл бұрын
The majority now are wishing they would of paid $24k.
@bkilopi29544 жыл бұрын
It is of course not a new reality but I am suprised that a teaching institution sees itself as a business and that it sells products.
@BrieoRobino4 жыл бұрын
That's exactly what they are tho.
@mirzaahmed65894 жыл бұрын
Why not? A degree is a product like any other; people pay for it if they think it's good value.
@96RTJ4 жыл бұрын
I like how he attacked her with his direct questions. 😂
@samguy72093 жыл бұрын
it wasn't an 'attack'. he was just asking questions...
@trentsmith3574 жыл бұрын
For those actually interested in running a business and making some real money, steer far away from an MBA and go to school for whichever degree will make you the most money as soon as you graduate. Use that money to buy real estate, ETFs, or to create a product. That’s the only real way to retire by 30.
@dustinharford84544 жыл бұрын
Well said, I completely agree. The probability of those assets appreciating, despite what overhead or upfront costs there may be, is far greater than trying to retire at 30 by leveraging yourself to the hilt. STEM is well worth it for a degree, and it's much more feasible to pursue those business ventures 'on the side' when making $80K-$100K a year.
@goateditz123583 жыл бұрын
I feel MBAs are for people who want to be consultants or corporate people in big companies. (This is only worth it if you get an MBA from a top 20 school). Yeah, I agree, they are not for people who want to start a business.
@Sam-xn2ie4 жыл бұрын
Once you get the degree, you're a leader. Congrats!
@EasyKiwi1113 жыл бұрын
Yes, the applications are declining but they didn't say anything about if there is a demand for MBA graduates in the job market. That's what I really wanted to know.
@jbi18394 жыл бұрын
Earning a MBA degree doesn’t guarantee you a high paying job, but at least prove to everyone that you are not just someone.
@lllllllllarose4 жыл бұрын
JBI JBI With that money I could’ve bought two apartments and rented them to these students. I don’t need to prove to anyone that I’m “someone”
@Justin-ev8nn4 жыл бұрын
It certainly does yield a high probability if you got your mba at a top 10 b school.
@Bekssss4 жыл бұрын
Everyone can suck my d... dont care about "everyone "
@carstars4 жыл бұрын
Dynamic is the word. Why would anyone hire someone listening to professors for 2 more years?
@IVIaedhros4 жыл бұрын
Interviewing current MBAs is pointless. The best people to interview are the alumni who graduated 5-10 years ago then compare them to their non-MBA peers.
@tablecat66873 жыл бұрын
This is interesting watching it from June 2020
@ignmorales4 жыл бұрын
The Economist magazine not long ago said that it is better to see all seasons of Breaking Bad in order to learn about business v MBA Programs. That's what I advice while teaching in MBA Programs.
@zhizunbao3333 жыл бұрын
back to Sept 2019, they never know there would be a global pandemic in next quarter, or they will focus more on job security and more expensive campus-MBA becoming online MBA
@Y_Canada4 жыл бұрын
I've been eyeing this exact MBA on EdEx website for about a year now. I think that school is a huge waste of time in general, and we learn almost everything through work and life experience. But since everyone wants all these degrees and diplomas, we need to get them *rolls her eyes* So, once I'm done with my bachelor, I'm signing up for an online MBA. It's convenient, and I don't have to take a break from advancing my career while I'm working on the MBA.
@beardedpanda50864 жыл бұрын
If you can get it pid for I say go for it! That’s the only reason I’m doing mine. Many positions require higher degrees and If you can get one without the massive amount of debt that comes with it you increase your earning potential substantially.
@Garapetsa4 жыл бұрын
No. It's not worth it. Best to just take out a business loan and go for it on own. Learn as you go.
@agamerjourney91464 жыл бұрын
That’s why probably in decline more smarter people learn as they go.
@saltymonke36824 жыл бұрын
Business experience is expensive, sometimes it's far more expensive than business school.
@agamerjourney91464 жыл бұрын
Space Monkey Sometimes more expensive cause they put there own money on the line. Someone learning on the way may have failed running’s business multiple times. Yet was able learn from such failures to grow a better business.
@saltymonke36824 жыл бұрын
@@agamerjourney9146 every business person learns from mistakes. Including the one in the business school, the let it happen during the education. Business school can accelerate those learning curves, but it depends on each student. I run my own business during my business school until now. And I'm sure, I've put my knowledge into a good use. I can say for such a young company, We are far more organized than our peers. Thanks for those flowcharts in the business school curriculum.
@nathanjin85364 жыл бұрын
@@saltymonke3682 mind telling what the business is? :) by the way how much has the MBA really helped you in terms of running your business as opposed to common sense?
@geraldlee71554 жыл бұрын
still doesn't answer the original question ...at least one thing's certain, an MBA education is just another product, only that it costs you and arm and a leg and then some 🙄
@MrMusic551232 жыл бұрын
24k for MBA is cheap from Boston University. Univ of Michigan, UNC, and Cornell all have an MBA for over 110k
@redguccishoes69994 жыл бұрын
What if I got a master of business administration at the highest university of Belgium, would that be worth it? I could also do a double degree (so 2 masters, they offer that program here)
@mohammadusama17184 жыл бұрын
Every degree degree is worthy it's all depends on u!
@derrickk7734 жыл бұрын
Gender Studies?
@user-lu6yg3vk9z4 жыл бұрын
@@derrickk773 dude is an idiot. market is saturated with M.B.A.s who cant find work. college in general a scam. KZbin peter schiff college. Let me get your thoughts.
@playwithalvaro4 жыл бұрын
Come to Indonesia, the tuition is around USD 8k at one of the country's best business school.. PS: not 8k/year, but 8k till u graduate..
@seunalomasojo49574 жыл бұрын
Aditiya Gama in English language?
@Pcarnevaaa4 жыл бұрын
I hate saying this but most likely if you returned back to the USA the degree would be looked down upon... but that’s because it’s the culture of “prestige”
@PissMenn3 жыл бұрын
@@seunalomasojo4957 They provide International students an English language in class. But till now there is only 2(two) of Indonesian universities which are accredited by AACSB that is UGM Business School, and Binus Business School.
@Kanal7Indonesia3 жыл бұрын
Bagi orang Indonesia itu tetap mahal bro... 😂
@unismankur19894 жыл бұрын
Really skeptical about online MBA as it lacks networking and ambience while knowledge we can get it anywhere in this digital world. As far as MBA as overall is concerned, I believe it isn't meeting industry requirements rather will make you - Jack of all trade. Hence, be cautious while going for any MBA degree.
@v.krishnankaushik98124 жыл бұрын
Top 20 b schools of a particular country should be the priority rather top 10. Top 10 in China, India, UK, US. It's all worth it. The investment is different across different countries. If you take x amount of loan and you can repay it in next 2 years since the time of getting placed then you are doing good. Further if you stop learning new trends then there is no use of MBA at all, as it's just a enabler.
@hosackies4 жыл бұрын
I know a girl that dropped 80k and 2 years at Wharton for an mba. And once she's done, she started a drop shipping Korean skin care biz, albeit with better photoshopped pictures! So there is value in an mba kids!
@rohan50584 жыл бұрын
There is always an Indian wherever u go in the world 😂😂😂😂
@travelator30354 жыл бұрын
They should take over the world soon.
@sumantha20794 жыл бұрын
🙏
@puneet77684 жыл бұрын
no need to boast about it
@Saaad23 жыл бұрын
because of over 1 billion population + growing economy
@taylerlow38283 жыл бұрын
Im from Centralamerica i never saw one
@maestroadam4 жыл бұрын
As a graduate of a business school in Canada (top 5), and having majored in accounting (a very useful area of specialization, as opposed to a lot of floofy majors), I can attest to how helpful it has been for me. However, I see a lot of strangely marketed and titled business degrees that I would not touch with a 10 foot pole.
@rmfinance17814 жыл бұрын
MBAs are worth the work, but not worth the cost of admission. I'm not paying $24,000 for an online program despite having the money to do so. An online MBA program should cost $15,000 at the most.
@tenzindasal79394 жыл бұрын
After all like she said it's a business
@Mysticbladegod2 жыл бұрын
Gaining a hard skill, like coding, data, etc. is worth so much more than an MBA
@rohansingh90404 жыл бұрын
Most of MBA candidates in US schools are foreigners, the current immigration doesn't provide them to enter hence they don't apply + plus the cost is also high + it's not worth it if it's not from ivy leagues where selection process is tougher than winning hunger games.
@whcre59583 жыл бұрын
Catch line: "We are a business." Education is the only business where the customer will come to you and pay you money, plus, work hard in return.
@davidbrant13814 жыл бұрын
will check back on this video in ten years and laugh