MBA questions?? Plz answer.?
Question:
1) Can u go straight 4 ur MBA or do u need ur bachelor's degree in something & work experience 1st?
2) What r the advantages & disadvantages of getting this degree?
3) What's the salary of a person with an MBA?
4) What r the top universities in Illinois & Indiana that r highly reputed for their MBA / Business / Marketing degrees?
5) How can I learn more abt this career? Besides talk 2 councellors & research?
6) Is there a lot of competition b/n ppl with MBA's?
7) Is it better to get ur MBA in a school that honors 1000's of MBA graduates or a couple hundred? (Am looking "competition-wise" here)
8) Do ppl with MBA's generally have a "9-5" type of job with weekendz off or the company can call them anytime?
9) How hard is it to get this degree? Too much stress? How's the coursework? Is there too much math like calculus?
10) What advice would u offer to someone who wants to go for MBA
Answer:
1) You must have a bachelor's degree. Work experience is required to get into the top MBA programs.
2) Advantages depend on what you want to do with your career. Generally MBAs have higher salaries and more opportunities especially in corporate settings.
3) Salaries at top programs start at over $100,000 (Look at Business Week Annual Business School Survey).
4) The best schools in Indiana and Illinois are: U of Chicago, Northwestern U, Indiana U and U of Illinois.
5) Tons to read on internet, Business Week, etc
6) Yes
7) That depends - find the best program for YOU
8) Generally work about 50 hours per week but it depends on lots of factors
9) Depends on the program (school)
10) Get 2-4 years of real work experience before pursuing
what is MBA?
1. bachelor's degree. it helps if you have work experience.
2. There are no disadvantages in getting your masters. It will only increase your marketability in getting a better job.
3. depends on the location and the size of the company. The larger the company, the higher the salary.
4. check your local school directory and school counselor.
5. go to www.mba.com.
6. Yes, just like any other jobs.
7. Get to a reputable school. It's sometimes who you know in the company that can get you in there.
8. They are salaried. They come and go as they please so long as they still adhere to the company rules and regulations.
9. When you have earned your bachelor's, take time to study what it takes to have an MBA.
10. Go for it!
Wow, you have lots of questions!
First of all, you have to get your bachelors (4 year) degree before you can be considered for an MBA program (an MBA is considered a Master's degree program, or graduate college). Depending on the school, you can go straight from your Bachelors into the MBA program, or you can work for a year or two and then take your Masters. I have heard that it is better to work first so that you have "real world experience" that you can apply your classes to.
The salary, hours worked, stress level, and pros and cons will vary with each individual job and person. Generally speaking, when you have a master's degree you will be more likely to be in a management position, thus you will probably put in more than the standard 40 hours a week, especially if you want to be in marketing.
My advise would be to go for your Bachelor's in Business and Marketing. Do some internships and see if you really like it. Some companies even pay for their employee's to get their Master's degrees, which is a good thing, because graduate school is expensive!
The University of Arizona's Eller College of Management has a really good program. Check out their website. They've got lots of good info for incoming high school students, as well as people that are considering getting their MBA.
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