Value Of An MBA | Harvard Business School Graduate Perspective

Is the MBA worth it? What is the value of an MBA?

David White, founding partner of Menlo Coaching, discusses how to assess the value of an MBA degree to help you decide if business school is right for you. We spoke with Jamie Cheney, HBS MBA graduate, to share how her MBA degree has benefited her career and life in general.

Content of this video:
0:00 - Intro
0:39 - Financial return
5:05 - Greater chances to find the right career
6:41 - Useful skills
8:09 - Network
12:32 - Conclusion

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#valueofmba #ismbaworthit #mba #topmbaprograms

[luke]

When I grow up I’m going to play in the MBA

[MsUmwolverine]

Ironically, I think the problem with MBAs is that they are over confidently walking into every room thinking they are qualified to be there.

[babajamal]

As a career switcher, my MBA helped me successfully get roles in two of the top 3 tech companies in the world without significant experience in any of the roles. It really is a valuable tool in my toolbox

[keydiddy]

MBA is worth it if your undergrad was free.

[WillKalili]

I've met many MBA's working the same jobs and making the same amount of money as individuals with only a bachelors degree. Unless you get an MBA from a prestigious university, an MBA may not be the best option since they are too common and easy to get these days.
However, you can try to supplement an MBA with a certificate or additional degree in Information Systems to stand out from the crowd. A dual degree in Business and Info Systems will also help you look more well-rounded and twch savvy.

[leonlawrence]

Great video and David’s sound is so soothing

[ngvkhtnw]

The true test of the real value of an MBA is to conduct control groups in a longitudinal study. One random group has an MBA and the second also random group has not. And they both started at entry level positions, and pursue management careers over a period of, say, 20 years. And then you tally up their achievements according to objective criteria such as P/L achievements by size of company, size of workforce under management, personal earnings growth adjusted for company size, etc. Then and only then, one can say conclusively and scientifically whether an MBA adds value to the quality of management. So far not even universities have conducted such a study - the one and only scientifically convincing study. Instead, we get anecdotal evidence, non-inferential statistics and story telling that are largely selective, subjective and 100% unscientific.

[stellamaxwell]

The real value of a top MBA program which is mentioned slightly here is that it’s a massive networking opportunities: not just in your professional life but also in your personal life. It’s not just “career motivated” people who go to business school. At HBS I knew a group of friends in the real estate section where one guy’s family ran the largest CRE company in the US; his girlfriend’s family meanwhile ran the largest residential real estate company in the country. Another friend’s dad owned a huge hotel chain in India. Another friend’s family is one of the largest real estate developers in Mexico. Even a Bonaparte descendent went to HBS. For the personal and professional network you can develop, I would say the $250k is worth it, especially since most people go in their late 20s, early 30s. If you’re not going to a top MBA program, it’s correct to say the financial variables are most important to consider. I can’t say the education at any MBA is anything stellar or intellectually stimulating but I think the exposure therapy of being in these spaces, having these conversations, talking freely to both peers and superiors is healthy.

[Dinosaurrvi]

Great informational video. I am a graduating senior and have been thinking about go straight to a MBA project. What are your thoughts on going directly into an MBA program after graduation vs going out to the job market and going back to school later in life?

[kelvinnguyen]

You sir have a wonderful podcast voice. Lol

[ynkybomber]

Companies love you to have an MBA because having a highly educated management team makes the company look far better to potential investors. I had maxed out my potential in sales so I came to get my MBA so I can take on a leadership role with confidence. It will feel funny though the first time I am interviewed by someone I am clearly more qualified then.

[jmsalvador]

In love the tone of your voice. I got a question, if you do not follow a MBA HBS, is it worth it? like for example MBA in Latin America?

[hh]

what do you think about doing management and leadership certificates with job ?

[sampakpahan]

I got into Uc Irvine mba program which is ranked 44th. Is this still good enough to get a 100k job?

[deepasinghal]

MBAs are very good for niche careers limited to consulting, PE/IB in finance and general corporate strategy role. Maybe even tech these days, though tech cos. and their founders aren't brand oriented, being dropout themselves. But if one is looking at jobs other than these 3 roles then ivy MBA fails to provide it. It's best to become a founder in the field you like and dropout if it takes off. It could be that these 3 are the best paid jobs so they are the core focus of ivy leagues to justify high cost. Marketing, HR, operations are nowhere to be found. Which course/schools are marketing mavericks hired from? Where does Amazon/Google marketing, coca cola, PnG, Unilever go to?

[bulgingbattery]

Good luck getting into IB without an MBA from a top 10 school.

[hao]

I started making 75k 7 years later I know make 150k the key to my success -> learning to code on my own. In addition I have an Airbnb and I am an active investor. My boss has an MBA and I make more money than he does. If you look behind your bachelors diploma in small print it says it includes an MBA you just have to look hard, trust me you don’t need this garbage.

[edgargonzalez]

Hi. What University would you consider better between Boston University and the University of Illinois at Urbana-Champaign to get the MBA Degree? I will appreciate any thought on this. Thank you.

[i]

thank you for sharing this video! super helpful!

[Mikebuddy]

Is it possible for a Corporate Paralegal to get into a top MBA program?