Does it is good to safe my MBA if I’m already making a six-figure wage in advertministration?
Question by NeuroChick: Does it is good to safe my MBA if I’m already making a six-figure wage in advertministration?
I’ve been working in monetary firms operations advertministration for about 7 12 monthss, and settle uponionerly made about $ a hundred and fifteen,000/year. I even have solely my bachelor’s diploma in Liberal Studies (interdisciplinary diploma for lecturers), educateing credential, and enterprise litigation paralegal certification. I was not too sizey in the past laid off from my place and am now job watching. I lavatoryks like each and eachbody safed identically a quantity certifications and MBA all by the extreme unemployment time, so now I identically identically experience as if I can not compete. Is it nicely valued at it to pursue my MBA in advertministration/operations at this level? Alternatively, I’ve been efforting at Project Management and Six Sigma certifications. I’m in Portland, OR and am a single mother, most lately on unemployment (for just over a month). I identically identically experience very wouldyly outfitted for the capabilities to which I am making use of, nonetheless the recruiters and hi therering supervisors do not show up to okaynow the swapable capabilities and specialistise purchaseed all by my tenure working with Harvard Business School grads as my malestors. Help! Thanks upfront!
Thanks for this good enter/feedback! I just want to level out that as a single mother (with a three-year outdated), it implies that I’ll need to pay for varsity and after motorcare the placeas I’m shedding earningsss and paying out with a extreme-interest pupil mortgage (6-7%). Most of my specialistise was purchaseed in New York City in Business Operations Management in Private Banking (5 12 monthss at a very quintessential monetary group).
Best reply:
Answer by Toyia
If u can get ur MBA. Knowledge is one trueityor not anyone take from u. It affords u an exceptionally goodiorer reap in job world.
What do you suppose? Answer beneath!
Make sure your resume features the bullit points of what you did the last 7 years. I assume you are a self taught accountant. Actually the best accountants play in church rock bands for some reason.
Anyone who talks Six Sigma is good at math, which is why you made twice as much as my brother in law.
Sign up for your MBA in project management. I like Keller because they start classes every 6 weeks. Then you can list on your resume that you are working on your MBA. That may get you pass the HR department. The best class I thought was organizational behaviour. Half the students changed their jobs. Network with all your Harvard friends.
PS Keller has a campus in Portland, and they don’t require you to take the GMAT. You can walk in the door and start a week latter. University of Oregon is probably cheaper, you should be able to transfer one or two classes from Keller.
I just finished my full-time MBA, and I would say it depends. If you can land another job you’re happy with, I think it’s clear that you do NOT need an MBA as it wouldn’t necessarily have a high return on investment for you given the tuition expense and foregone earnings.
However, in this economy, you may have considerable difficulty finding another job making that much without an advanced degree (I know it’s not fair… blame shortsighted, uncreative, and risk-averse corporate recruiters). An MBA, especially a full-time MBA, is not just about business knowledge or management skills; it’s also about learning how to successfully recruit for a job in today’s corporate landscape. Unfortunately, I don’t think there are any MBA programs in the state of Oregon that will ensure you a salary as high as you were getting. You may end up having to head south to the Bay area or LA for a program that will get your career back on track.
If I were you, I’d pursue both options right now. Look for work AND start studying for the GMAT in preparation to apply to MBA programs this fall. If you haven’t found a new job you’re happy with by fall, bite the bullet and head back to school.
Response to Additional Details:
Don’t even try to figure out how the money situation will work until AFTER you’ve applied to several MBA programs because you never know what kind of financial resources will become available to you. I went to school with a 2-year-old, and I was shocked to have been offered a full scholarship to a top MBA program (plus, they gave me a $ 4,500/yr childcare stipend). There’s no use trying to budget for an MBA preemptively; just apply and see where the chips fall.
Your very good experience for more than 7 years in the Management Operation will have a weightage if you completer MBA. It is worth doing. Join some good college / university and get the MBA qualification.