MBA: Get Either Top Tier or Dirt Cheap, Everything Else is...?

[Blackmayne]

Bgol niggas hate education.

Word, they can hate it if they want to, I can tell you one thing my buddies that used to say " you're an old man" when I chose to hit my books instead of the club, or "what you going to when you get out of college manage a Mickey d's" ain't saying that shit no more. If you don't apply yourself through the ages of 18-35, shits a wrap for you. You got to do what you got to.... whether that's through, college, trade school, or military. Make sure you remove yourself from the cats that trying to hate on anything your doing thats positive. A black man that is anti-college or education is the biggest of fools.

Sent from my DROID4 using Tapatalk 2

 

[KP404]

Word, they can hate it if they want to, I can tell you one thing my buddies that used to say " you're an old man" when I chose to hit my books instead of the club, or "what you going to when you get out of college manage a Mickey d's" ain't saying that shit no more. If you don't apply yourself through the ages of 18-35, shits a wrap for you. You got to do what you got to.... whether that's through, college, trade school, or military. Make sure you remove yourself from the cats that trying to hate on anything your doing thats positive. A black man that is anti-college or education is the biggest of fools.

Sent from my DROID4 using Tapatalk 2

This.

 

[Sango]

Spin this thread and talk about negotiating strategies. I'm researching that now, since it's not something that's relatively easy to do. Whatever degree or cert you're getting, it's all in the positive.

 

[Sango]

^^^ Thanks fam! I'm trying.... I plan on getting a couple of professional licences/ certs when I'm done!

Sent from my DROID4 using Tapatalk 2

Props! Which?

 

[Chico Fontane]

Word, they can hate it if they want to, I can tell you one thing my buddies that used to say " you're an old man" when I chose to hit my books instead of the club, or "what you going to when you get out of college manage a Mickey d's" ain't saying that shit no more. If you don't apply yourself through the ages of 18-35, shits a wrap for you. You got to do what you got to.... whether that's through, college, trade school, or military. Make sure you remove yourself from the cats that trying to hate on anything your doing thats positive. A black man that is anti-college or education is the biggest of fools.

Sent from my DROID4 using Tapatalk 2

 

[castro]

I concur. I am doing just fine with my Master's in Chemistry. Even with my advanced degree, I have thought long and hard about going back to get the MBA. After weighing all my options I decided not to do it and I am happy about my decision.

Same here I have thought about going back for an MBA. PhD in Biophysics and doing great.

 

[Blackmayne]

Props! Which?

I plan on acquiring a CFE and ACAMS... I am been financial services on the investment side for 8 years... I want to transition to financial fraud on the investment side. I have a friend who got their CFE and was contracted by a major African bank to improve their fraud and anti money laundering department/division. Those certs are very lucrative... esp with all these financial regulations the Prez has put in place..

I might even pursue a CPA for an forensic accounting perspective.




Sent from my DROID4 using Tapatalk 2

 

[marcvoi]

cheapest online colleges
http://collegestats.org/colleges/online/lowest-outofstate-cost

 

[incogneg]

^^^ Thanks fam! I'm trying.... I plan on getting a couple of professional licences/ certs when I'm done!

Sent from my DROID4 using Tapatalk 2

Saw you mentioned compliance certs. Don't know much about the certs but in this regulatory environment we're in, there are tons of available jobs. Also as emerging markets financial services continue to grow, ppl like you will be in high demand. Well done...

If you want to be a Portfolio Manager or an Equity Research Associate then get a CFA, but I don't see the relevance outside of that. I've worked in Retail Banking as a Branch Manager, Public Finance as a Public Finance Banker, and presently as a Loans Fund Manager and I didn't need a CFA to run a Loan Portfolio. However, I have an MBA with a specialization in Finance and that has helped me a lot through my career.

Yeah, the flexibility of the MBA is a moot point... Good stuff

 

[Blackmayne]

Saw you mentioned compliance certs. Don't know much about the certs but in this regulatory environment we're in, there are tons of available jobs. Also as emerging markets financial services continue to grow, ppl like you will be in high demand. Well done...

Yo, I'm trying man, that my Strategy. I know for a fact that my former employer were contracting AML agents for up to $100 an hour to help fix their compliance department.... for you slow cats that on a 40 hour week that 200K a year.....
and in Midtown Manhattan.. and yall boys talking about contracting AFGANISTAN???? thats EDUCATION for that ass....

http://www.acfe.com/cfe-membership.aspx

http://www.acams.org/Home/

 

[Ballatician]

I believe the future of Business Administration is Compliance. Import/Export Compliance Officers/Consultants are raking in cash especially internationally. I learned that as a Student Intern for my MBA program, however the job was too boring for me to pursue a Customs Brokers License.

 

[Sango]

Looking into those certs. I've been slowly reading up on and studying for the PMP cert.,but it's tough b/c I've been doing all types of other things. Got my MBA, just focusing on what/where to put it to work. I have no finance background, but just landed a Fed. Gov't job that will get me some experience in finance and audit side of things. Get that money fellas.

 

[Dr. Truth]

Word, they can hate it if they want to, I can tell you one thing my buddies that used to say " you're an old man" when I chose to hit my books instead of the club, or "what you going to when you get out of college manage a Mickey d's" ain't saying that shit no more. If you don't apply yourself through the ages of 18-35, shits a wrap for you. You got to do what you got to.... whether that's through, college, trade school, or military. Make sure you remove yourself from the cats that trying to hate on anything your doing thats positive. A black man that is anti-college or education is the biggest of fools.

Sent from my DROID4 using Tapatalk 2

Word up, great post.

 

[ViCiouS]

Great Job... MIT, Columbia, Carnegie Mellon(I believe), and Vanderbuilt is in there... They are top Masters in Finance programs in America/World...



Vicious, I'm enjoying this conversation bro, but I don't think you know what you're talking about (please don't take offense, but you really do not... I could have multi-quoted everything you said, but too lazy.... Let me list why)...

1. You do know that trading is dying right? Banks are laying off left and right due to the Dodd Frank and other regulations, banks can no longer afford it... Just Google it and you'll see what's happening every day... Even MBAs (who would traditionally be sales, not traders, no longer actively recruit in sales much...)...

2. High Frequency trading is still doing well. If you have a Masters in Finance from a top school AND have a Undergrad/Masters in computer science, you may be able to network in... Even those spots are in flux, and govt regulation has it in its sights (see Knight Capital, etc)...

3. Let me list you the companies/positions that recruit for MBAs from the top 20 schools (notice only gave you a few schools in Masters in Finance, etc)--Google (Marketing, Corporate Dev, Corp Fin, Strategy), All of the remaining Investment Banks (any position in the bank excepting lower level ops, and trading--like i mentioned, trading is dead), JUST ABOUT EVERY FORTUNE 500 COMPANY (Corp Finance, Corporate Development, Marketing, Strategy)...

4. MBAs make more money, get signing bonuses, and are immediately put on fastracks to Executive Level...

5. Average work experience of MBA is 5-10 years... AND they career switch every day (Not as successfully as when market is hot, but you get consultants who become bankers, or accountants who become Marketers EVERY DAY...)

6. MBAs HAVE TONS OF COMPANIES THAT COME TO CAMPUS TO HIRE THEM...

7. So many professional organizations to network....

We know the market is bad in general... America isn't doing great. MBAs are struggling. The top 20 MBAs may no longer have 10 offers after graduation, but there's still a job for most. They're staffing numbers 3 months out of MBA still average at about 85-90%... And those jobs are mostly the jobs I've listed...

no offense taken- I'm just trying to pass along information that I wish my mentor knew 20yrs ago...

thats a lot of data without the context of experience or knowledge of trading... everything I've said is from experience, I'm not going to argue how viable the future of trading is, nor breakdown the changes that are still occurring, all I will say is that even with automation no one with knowledge of trade flow will tell you that back office operations is doomed, nor clearing house, nor sales.


Secondly - Incog... you don't talk like you have an MBA or your Masters yet... I'm not shitting on the MBA, BUT
IMO - from what I've learned over the years, a masters in certain disciplines, is more lucrative across multiple industries. (I left out law before, but its another nasty degree to flip. even without the bar) As I said before there are a lot of high impact jobs they don't talk about in college or business school that fall into grey areas. Expertise gives more flexibility, allows you see grey roles better and recognize when those roles are needed. It gives you the imagination to apply for or get recruited for jobs that at first glance may not appear to match your history or skill sets That's is where I have made a living, and have seen many others thrive... so far I've worked in 3 different areas of telecom, 2 areas of finance, healthcare and hospital administration, aviation, and subcontracted for homeland security...
With one exception, every new job I took required me to learn a new industry, new skills and new technology, and then apply my core education and experience.

 

[incogneg]

no offense taken- I'm just trying to pass along information that I wish my mentor knew 20yrs ago...

thats a lot of data without the context of experience or knowledge of trading... everything I've said is from experience, I'm not going to argue how viable the future of trading is, nor breakdown the changes that are still occurring, all I will say is that even with automation no one with knowledge of trade flow will tell you that back office operations is doomed, nor clearing house, nor sales.


Secondly - Incog... you don't talk like you have an MBA or your Masters yet... I'm not shitting on the MBA, BUT
IMO - from what I've learned over the years, a masters in certain disciplines, is more lucrative across multiple industries. (I left out law before, but its another nasty degree to flip. even without the bar) As I said before there are a lot of high impact jobs they don't talk about in college or business school that fall into grey areas. Expertise gives more flexibility, allows you see grey roles better and recognize when those roles are needed. It gives you the imagination to apply for or get recruited for jobs that at first glance may not appear to match your history or skill sets That's is where I have made a living, and have seen many others thrive... so far I've worked in 3 different areas of telecom, 2 areas of finance, healthcare and hospital administration, aviation, and subcontracted for homeland security...
With one exception, every new job I took required me to learn a new industry, new skills and new technology, and then apply my core education and experience.

Good post Vicious... We'll just agree to disagree...

 

[Blackmayne]

Good post Vicious... We'll just agree to disagree...

A rarity on BGOL....! Esp without insults LMAO!

Goodshit fellas!

Sent from my DROID4 using Tapatalk 2

 

[soulcontroller]

minus a couple of comments. I didn't see an overall consensus of people shitting on MBAs and higher education

 

[incogneg]

A rarity on BGOL....! Esp without insults LMAO!

Goodshit fellas!

Sent from my DROID4 using Tapatalk 2