<p>If you get a degree from an UG from a place like Wharton or Stern - is an MBA even necessary?</p>
<p>Well it might not be necessary if you honestly intend to stay in the same i-bank or consultancy from the day you graduate to the day you retire. But the MBA will help every time you apply to a new job throughout your career, which the undergrad degree certainly won’t do.</p>
<p>I certainly would think it’s beneficial, but an acquaintance of mine who did an elite UG business degree seemed to be under this impression. His attitude seemed to be that MBAs were for people who did liberal arts degrees who now wanted to get a high-paying job or for engineers changing careers etc. - and for a graduate of an elite business school it was really just remedial education. I found this quite striking.</p>
<p>I know business majors are generally less likely to go onto graduate or professional school. A very detailed study of college graduates in 1992/93 found that while about 30% had enrolled in a post-graduate degree program five years later, for business majors it was only 16%. Of course marketing and business administration majors at places like Florida State or the University of Houston are far more representative of this group than the top business program grads. I would imagine the percentage of Wharton, Stern, Haas and the like going on to get MBAs at some point is significantly higher than that.</p>
<p>In the past few years, there has been a pretty significant trend of the top college grads who are star-performers at the top consulting firms/investment banks etc. skipping an MBA altogether. Those who go Harvard -> GS TMT -> Top HF or something similar by 24 sometimes don’t see a point in an MBA. There are a few articles on this that you can probably find through a quick google search.</p>
<p>Business Week includes “MBA feeder school” in its rankings, though unfortunately we don’t know what the percentages of alumni going on to get MBA’s.</p>
<p><a href=“Bloomberg - Are you a robot?”>Bloomberg - Are you a robot?;
<p>^^^</p>
<p>Notice how Wharton, Ross, and Stern UG programs are ranked lower for feeding into MBA programs in comparison to WashU, etc.</p>
<p>Would you consider USC Marshall as an elite UG business program? just curious lol</p>
<p>Another thing to think about: do a good number of business majors from places like McIntire, Haas, Ross, Stern, Wharton, etc. go into law school?</p>
<p>A fair number of accounting majors go to law school, but still far less than econ and poli sci majors.</p>
<p>It’s interesting how most colleges tend to highlight the proportion of their graduates going on to graduate and professional degrees, but Wharton highlights the fact that relatively few do.</p>
<p>“With a rigorous business education, close to two-thirds of Wharton undergraduate alumni find that they never need to return to school for an MBA in order to advance their careers. And if you do decide to get an MBA, your undergraduate degree will put you ahead of the game.”</p>
<p>[Wharton</a> Undergraduate: Top 10 List](<a href=“http://www.wharton.upenn.edu/undergrad/why-wharton/top-10-list.cfm]Wharton”>Your Future - Undergraduate)</p>