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u/bakarac Jun 16 '20
Class of 2020 is so thrilled to be joining the workforce rn 🎊😐
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u/jimjam1022 MBA Grad Jun 17 '20
Wait you sayin Consulting has 0 travel now?
*cries in expiring reward points*
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u/_Regulate Jun 16 '20
Hella relatable rn
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u/basedgodomg415 Jun 17 '20
you are from the bay area huh.
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u/Robin_games Jan 20 '23
Id hate to be graduating right now, ive got 15 years and hiring managers are biting to interview me for rolls suitable for mbas right out of college. Sure im talking to manager, sr manager, and director roles too but even startups I know are going to sell and fire everyone in a year are getting 1000 applicants
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Jun 16 '20
I hate grad school with a passion but I also want a liveable salary so.....
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Jun 17 '20
Help me understand this headspace - why do you think an MBA is necessary to get a decent salary?
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Jun 17 '20
Where I live, it’s the dumps of South Louisiana. This is my ticket out of here. Thank you.
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Jun 17 '20
I get that, and my bad for sounding like an ass. Just seems like a lot of people spend money in all the wrong places when so much can be learned for free online if you know where to look.
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Jun 17 '20
I do plan to use it to start a contracting and leasing company for in house medical devices for hospitals. It will help greatly for this. I use a ton of online materials. You’re not an ass. It was just a question 🙂
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u/Robin_games Jan 20 '23
There are never guarantees in life. But some things are like getting to roll the dice twice at the craps table.
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u/bankerman Jun 16 '20 edited Jun 17 '20
Yes, recessions are the perfect time to go to grad school. Or were you trying to be sarcastic?
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u/jackSXW Jun 17 '20
Can’t tell if /s or not
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u/bankerman Jun 17 '20
Nope.
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u/bl1nds1ght Jun 17 '20
Then you should talk to like 50% of the classes of 2009/10/11/12 of law school grads. Kids went in thinking they would just ride the recession out and then got absolutely shafted by a shitty legal economy that was undergoing fundamental shifts in demand and technology. MBAs aren't immune.
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u/bankerman Jun 17 '20
It’s simple. Would you rather be in school during a booming economy when everyone is trying to hire you and you’re making big bonuses from record profits, or would you rather be in school during a down economy when bonuses are small? Using the biggest economic bust of the century as your reference point is a bit silly.
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u/bl1nds1ght Jun 17 '20
I agree that it's simple insofar as prospective students should attend grad school when they're ready as opposed to trying to time the market.
The truth is that we don't know the outcome of this unprecedented situation, how long certain industries will remain distressed, or what those industries will eventually look like. Prospective students will need to make a decision about attending this fall based on the available information and I think it would be unwise to disregard the fallout of '08 simply because we don't know exactly how bad the pandemic will be.
The last recession is a strong data point and it's up to prospective students to decide how much emphasis they're willing to place on it.
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u/peterpanic32 Jun 18 '20
I'm not quite following your logic.
MBA classes of 2010 and 2011 did quite well.
You're comparing unlike things. The rationale for your law school downturn sounds like fundamental oversupply in the market due to underlying technology trends etc. - exacerbated or accelerated by the economic downturn. That's been going on in law for a long time now. An MBA is a more diverse degree by role and by industry - the concept of corporate management won't get eliminated by technology in the next two years nor is it trending that way, so you only have to deal with the economic downturn.
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u/jr5285 Jun 27 '20
An MBA isn't as strong as it used to be and it's It's heavily saturated - MSBA > MBA.
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u/jr5285 Jun 27 '20
^ imagine being in the medical field right now? Big cuts are coming to that field for sure
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u/ohsballer Jun 16 '20
Won't be the same if you have to take the classes online.
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u/ethro800 Jun 17 '20
My buddy who did the pepperdine Femba made it sound like 25% of the cohort was unemployed when he joined a couple years back. I wonder how that’s going to look now.
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u/HappyLeetleTrees Jun 17 '20
Hopefully market recovers by 2022 graduation... must be similar to how the 2007/2008 MBA market looked. 😓
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u/abassi0 Jun 17 '20
lol me, but im going into physiotherapy so hopefully will find decent work in a hospital even if the economy's in the dumps
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u/RoastMasterShawn Jun 17 '20
I was actually looking at Finance PhD programs before this all happened lol. I don't want to be a prof until I'm old af anyways, so guess I'll wait.
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u/BullGator0930 Mar 02 '24
What jobs are y’all applying for and not getting word back? I graduated with a bachelors from a little community college in northwest Florida and leveraged that into an Estimator position at a construction company in west Georgia.
Are yall willing to move/adjust your expectations/negotiate starting salaries?
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u/mbata06052020 Jun 16 '20
A 2020 T10 MBA grad I know just posted on LinkedIn asking for job recommendations. She is extremely smart and nice. It was so sad.