<p>I think B-school seems to be mainly for those who went to a non Ivy... and need something like HBS... what do you think?</p>
<p>I am at Princeton right now and am heavily considering the 2+2 program, but I plan to go into finance or technology, and it seems these two fields don't really need it so much, plus you can start the next fortune 500 right out of your basement if you want...</p>
<p>It seems to be that B-school is more working in a Dow30 company, where you need to know about P&G's business statement and all the other fun stuff....</p>
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I think B-school seems to be mainly for those who went to a non Ivy... and need something like HBS... what do you think?
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<p>Well, let me put it to you this way. By far the most common undergrad alma mater for people who later graduating from HBS is Harvard itself. The 2nd most common is Yale. So evidently, a LOT of people with Ivy undergrad degrees still feel the need to get an MBA from a place like HBS.</p>
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It seems to be that B-school is more working in a Dow30 company, where you need to know about P&G's business statement and all the other fun stuff....
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<p>I would actually say that what you REALLY use an elite MBA for nowadays is getting into consulting and banking. The vast majority of the graduates from the top B-schools will choose not to work for Dow30 companies. After all, the MBA students from HBS, Stanford, or Wharton aren't exactly champing at the bit to work at, say, Alcoa (which is in the Dow30). But many of them would very much like to work for firms like McKinsey, Goldman Sachs, Blackstone, etc.</p>
<p>IMO, the only people I have seen say that the MBA was a waste of time are those who would rather stroke their own ego rather than admit it was the "education". It is true that SOME (meaning very, very few) people start successful companies out of their basements, but this rarely is the case, considering all the companies that succeed. </p>
<p>In most cases, in order to be given an opportunity you have to do something that indicates you are willing to give the effort, are capable of handeling the workload and stress, and have the necessary skills to execute. To run or guide a business there are 2 ways; 1) Do it successfully or 2) Get an MBA. 1) is more difficult and requries a lot of rish, 2) is lest difficult but still indicates to those hiring that you might actually know something about business.</p>
<p>Now, some people might say that they already knew everything that was taught them, and this may very well be the case. The point of the matter, however, is that they did it. So, if they are sitting in a directors office or in a CEO office or a consulting managers office and they are saying that the MBA degree they have hanging on the wall didn't get them to where they are I would say BS-ish. It may not have gotten to the level of success they are at, but it got them the opportunity.</p>
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plus you can start the next fortune 500 right out of your basement if you want...
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<p>well take that reasoning a step further -- you don't need any education for that. why are you even at Princeton? why not start that multi-million dollar business right now? why wait?</p>
<p>im at Princeton simply because i have nothing better to do. i run a few internet businesses and I'd surely drop this stuff if I had a winning idea at some point (and I'm always thinking) since i do a lot of web programming</p>
<p>who knows, i could make the next largest company from the google android applications i'm making...</p>
<p>btw: people would work in alcoa as a top executive... but, yea, you'd need to know something about aluminum and mining, i guess.</p>
<p>i guess it all boils down to, i HOPE i do not get an MBA simply because it's a buffer zone. im going to apply to the 2+2 program, but sooner or later, i'll be 26, out 120K, and sort of puzzled since i wasted a crap load of time....</p>
<p>finance is cool, but there is better money elsewhere (think tech)</p>