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Vault Message Board: MBA

Topic Name: Lower Tier Schools
Message Name: you prentious SOB
Date Posted: 12/17/1999
In Reply To: First of all you mistakenly assumed my posting applies mostly to top schools. The topic of this chat area is lower tier business schools. Clearly the ROI of them is not the same as that of the top 20 B-Schools. Your point about going part-time to business school and having the employer pay the tuition is well thought out. This might be the answer most people should pursue. However I disagree with your assumption that an indicvidual would only be able to save $20K while working as opposed to going fulltime to business school for two years. Maybe on yor paltry pre-MBA salary of $40K this is possible. I did tell you that I know many non-MBA's earning more than $80K yr with just bachelor degrees, and they graduated only about 1 year ago. Of course I also know many other with and without Bachelor degrees making only around $30K, but these aren't the savvy people who are considering an MBA anyway, and they are probably not smart enough to do so. So my calculations stand correct. I think it would likely take more than 5 years for one to catchup with a savvy non-MBA, who invested his money in the right place. my assumption includes, of course, that the student alone pays the expenses, not an employer. About that $75K signing bonus your going to get, what planet are you on. your lucky if you get $70K, unless your going to harvard. Most employers do not pay your tuition outstanding when hiring you. Thats your responsability, especially if there offering you a high salary to begin with. Im just getting started. So those lower tiered business schools that cost $30K, and only increase your adjusted gross income by say $5,000 year aren't worth their cost. Cause $30K invested at 20 percent is more than $5K yr and grows as the principal grows. Then again if your employer is paying for it, go for it. The social value? Well its impresive, but as a status symbol it will mean less as one gets older and stops trying to impress people with educational credentials. Some people prefer to use money to impress other people or other things. So its all rather relative (the value of an MBA) if we don't use money as a primary measure.
Message: The SOB-Smith flexed his shaved knuckles and pecked: "Of course I also know many other with and without Bachelor degrees making only around $30K, but these aren't the savvy people who are considering an MBA anyway, and they are probably not smart enough to do so." How stupid are you anyway. I know many people who are quite content and happy with their lives who make only $30K or so, and their salary or educational level has nothing to do whatsoever with their intelligence. I know quite a few people who work in retailing and in restaurants and in hotel management who are quite intelligent and are planning on attending or are already attending graduate school. And those attending are doing very well. In the last part of your pondification you state it's all rather relative if we don't use money as a primary measure. Seems you are primarily measuring things in terms of money. You are a self important idiot who enjoys the aroma of your own flatulance. Bugger off. Some people are victims of circumstance. For whatever reasons, often due to circumsatnces beyond their control, they are stuck in jobs or careers where they are making less than $30k. It has nothing to do with their intelligence. I dare say that if you had to endure what some of the people I know have had to endure, I dare say you would not have faired as well as they have, given the same background and circumstances. I'd be interested to hear of your credentials, your background, and your family history. I doubt you'll provide those things, but it would serve as an interesting coorelation to your comments.

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