<p>^^ Well start believing. I know quite a few kids at Ross and my friend’s friends that go to Stern/Wharton and are making 100K+ 3 years after graduation. One of my friend’s brother graduated from Ross three years ago and is now making 150K in banking. </p>
<p>For consulting, I agree that an MBA is the best option because it is required.</p>
<p>^ Aside from antecdotal examples, what type of statistical analysis have you done to determine that average Ross BBAs make six figures 3 years from college?</p>
<p>I’m not going to debate you about how much I-bankers from Ross make. We all know how much they make. And while Ross sends a disproportionately high number of students into Ibanking, not all Ross students go into I-banking (actually, only 26% of the class does..11.9% goes into corporate finance, 14.9% goes into marketing, 21.3% go into consulting, for example [Employment</a> Profile - University of Michigan Business School](<a href=“Error 404! Page Not Found. - iMpact Web Portal”>Error 404! Page Not Found. - iMpact Web Portal) ). Even among those that do, not all will want to stay in banking or even finance for that matter.</p>
<p>Regardless, the crux of your argument was that Ross BBAs should not attain an MBA because they won’t be learning much. While I disagree with that statement, my main point was that the decision should be primarily based on what the individual will gain from a financial/career perspective and not as much about how much they will/won’t learn in class. Obviously, an MBA is not right for everyone. I wouldn’t advise Bill Gates to go for a BBA/MBA just as i wouldn’t have advised Dave Thomas to go back for his G.E.D. If you are making 200k+ in Ibanking and have lucrative offers to go into Private Equity then attaining an MBA is probably not in your best interest. However, these type of people are certainly not typical of avg Ross BBA grads.</p>
<p>^ Look at the PDF 2007 Employment profile for Ross graduates. The link is on the left under Acceptances. 36% of Ross graduates landed jobs in IB - greater than any other field (at the bottom of Page 34). That is quite a lot. The average Ross graduate will not make 100K in 3 years because not all Ross graduates go into Finance. BBA’s that chose to go into Accounting, Marketing or the Manufacturing industry are not going to make anywhere near 100K even after 3 years of graduation. Those that go into Finance will make that much or near that amount - especially those that end up on Wall Street. There is no statistical evidence to show what amount these graduates make 3-4 years after graduating, but I do know a lot of graduates from Ross and other schools (through my friends or friend’s friends etc) and all of them are making 100K+ easily (they are in different divisions of investment banking). </p>
<p>I feel that graduates of top business schools that go back for an MBA do so only because they want the MBA on their resume so it impresses employers. Educational wise, I doubt it really helps much. Why dish out thousands of dollars only to learn what you did before? If your employer pays for most of it, then ok, you should go get one. But if you’re paying everything yourself, what’s the point? </p>
<p>Also, don’t you think that for a Wharton/Stern/Sloan/Ross undergrad, an MBA is pointless if he/she doesn’t get into a top school like Harvard, Stanford, Columbia, Kellogg? What’s the point in going back to Wharton or Ross if you did your undergrad from their as well? I doubt that whatever new experiences they have as an MBA is worth the 70K per year tuition.</p>
<p>I’m in high school and i am wondering if i can get into UT bhp o r reg business program with my stats or any other top business schools.</p>
<p>GPA 3.8
Rank 5/800
SAT
Math 800
CR 540
W 580
Hispanic/Indian
Captain of Tennis Team 2yr
Rank 1 2yr
Member of following clubs:
anime club
best buddies
Capitalist society of school
conflict resolution club
engineering club
fbla
hosa
science nhs
nhs
leo</p>
<p>Curious austin, </p>
<p>While I know that you would like some informed feedback on your chances at Univ of Texas, your post belongs in the “What are my chances?” area of CC, not here (and you shouldn’t be trying to “hijack” this thread, which is focused on another topic).–Thanks,</p>
<p>Mighty Nick and VectorWega, </p>
<p>You both make good points–</p>
<p>Mighty Nick–that the particular program at Ross (since it doesn’t focus as much on a particular major as many BBA programs) is not one that is as conducive to returning to (as a business student) for prospective MBA students </p>
<p>VectorWega–that while business students make up less than 50% of MBA classes, they are still the largest group of MBA students at most schools, on average.</p>
<p>Now if we can agree on your two main points, and can move on from here, I think the discussion might be a bit less heated. </p>
<p>As one who has gone through both an undergraduate and graduate business program, I do believe there is some overlap, but as long as one changes the major at the graduate level, then the overlap may be limited–and the graduate degree is valuable (especially so if you return after a few years in the business world–and therefore can contribute to the regular discussions based upon real world experiences). Most “top” MBA programs select people who have been out-of-school for a few years for this reason. </p>
<p>As far as going back to an MBA program if one was an undergraduate business student, I would imagine that schools where a major is “optional” (such as at Michigan, and at Emory, and even at UC Berkeley) would not be as good a choice as a school which does require a particular focus in a major field (such as accounting, finance, marketing, operations management, strategic management, international business, entrepreneurship, operations research, human resources, or logistics) at both the undergraduate and graduate levels and that had a varying curriculum in each field for each level. </p>
<p>Schools like Harvard, Northwestern, UCLA, USC, NYU, Virginia, Duke, and Texas all fall into this category–and I’m sure there are many others–though I’m not familiar with the curriculum at every business school–and therefore won’t attempt to create a comprehensive list here.</p>