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Getting MBA worth?

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  #111 (permalink)  
Old 20-10-2021, 12:50 AM
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Getting an MBA depends on which industry imo. If Tech, startups, IT or finance (CFA is more important), no one gives a hoot, infact, a specialised Masters would probably be more beneficial if the person is focused in a specific role (Masters of Engineering, Analytics, etc.) But legacy industries, for example hospitality, FMCG,, automotive, marine, pharmaceutical, manufacturing, etc, then it's worth. But as stated in the previous posts, unless you are already a high flyer, senior management role in late 30s-40s in an MNC, then taking attending top MBA schools like INSEAD/Harvard makes sense, especially if gonna be handpicked to be the next VP/SVP/MD.

But on the other hand, if still in early 30s and wanting to fast track over others, then I believe as long as taking an MBA from the top 100 universities are fine (must make sure the university's MBA is accredited too). Speaking from my experience, I am in a same industry in all my 6+ years working experience, and when I apply for management roles to other firms within the industry, I am losing out to other candidates who have 5-10:years more working experience than me. MBA can (not say confirm will) provide an advantage, where the HR/Hiring Manager knows you have the capabilities and knowledge to be in the management team.

So for my case (although as an unregistered user, so up to you to believe), I had straight up told my upper management I am taking a Part-Time MBA, especially during this Covid period, where there are minimal disruptions like travelling for overseas business trips. If lucky, like for my case, the management can see a person who is hungry to grow and accelerate the career, and plus points when can deliver results at work and yet able to juggle with night classes and reports. So even while I'm halfway studying in my MBA, just had a recent 35% pay jump this year to be in a senior manager role

What happens after I complete my MBA, nobody knows, but so far it has already has some positive effect, but it also depends on luck and opportunity, if can successfully network with management.

TL;DR: Take an MBA from top universities if you are already a high flyer and got the cash for the school fees. If just managerial role, a recognised and accredited university from the top 100 will do as a Piece of Paper to show you got the capabilities.

Last thing to point out, annual intake is small, for my case, less than 50 a year. And by the time finish the first year in MBA, at least 20% have dropped out. So getting an MBA is not as common as it seems.



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  #112 (permalink)  
Old 20-10-2021, 12:21 PM
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Getting an MBA depends on which industry imo. If Tech, startups, IT or finance (CFA is more important), no one gives a hoot, infact, a specialised Masters would probably be more beneficial if the person is focused in a specific role (Masters of Engineering, Analytics, etc.) But legacy industries, for example hospitality, FMCG,, automotive, marine, pharmaceutical, manufacturing, etc, then it's worth. But as stated in the previous posts, unless you are already a high flyer, senior management role in late 30s-40s in an MNC, then taking attending top MBA schools like INSEAD/Harvard makes sense, especially if gonna be handpicked to be the next VP/SVP/MD.

But on the other hand, if still in early 30s and wanting to fast track over others, then I believe as long as taking an MBA from the top 100 universities are fine (must make sure the university's MBA is accredited too). Speaking from my experience, I am in a same industry in all my 6+ years working experience, and when I apply for management roles to other firms within the industry, I am losing out to other candidates who have 5-10:years more working experience than me. MBA can (not say confirm will) provide an advantage, where the HR/Hiring Manager knows you have the capabilities and knowledge to be in the management team.

So for my case (although as an unregistered user, so up to you to believe), I had straight up told my upper management I am taking a Part-Time MBA, especially during this Covid period, where there are minimal disruptions like travelling for overseas business trips. If lucky, like for my case, the management can see a person who is hungry to grow and accelerate the career, and plus points when can deliver results at work and yet able to juggle with night classes and reports. So even while I'm halfway studying in my MBA, just had a recent 35% pay jump this year to be in a senior manager role

What happens after I complete my MBA, nobody knows, but so far it has already has some positive effect, but it also depends on luck and opportunity, if can successfully network with management.

TL;DR: Take an MBA from top universities if you are already a high flyer and got the cash for the school fees. If just managerial role, a recognised and accredited university from the top 100 will do as a Piece of Paper to show you got the capabilities.

Last thing to point out, annual intake is small, for my case, less than 50 a year. And by the time finish the first year in MBA, at least 20% have dropped out. So getting an MBA is not as common as it seems.
My friend, no respectable MBA will offer courses on a part time basis. All the top 10 ones are full time MBA.



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  #113 (permalink)  
Old 20-10-2021, 12:36 PM
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My friend, no respectable MBA will offer courses on a part time basis. All the top 10 ones are full time MBA.
I didn't say top 10 MBA schools are Part-Time my friend. And I am taking Part-Time, but in one of the top 100 universities because I am in the managerial role but not a high flyer (Can't afford to pay more than $100k and my GMAT score is 670-ish)

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  #114 (permalink)  
Old 21-10-2021, 10:50 AM
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I didn't say top 10 MBA schools are Part-Time my friend. And I am taking Part-Time, but in one of the top 100 universities because I am in the managerial role but not a high flyer (Can't afford to pay more than $100k and my GMAT score is 670-ish)
May i ask what is your age currently and the field you are working in?
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  #115 (permalink)  
Old 21-10-2021, 11:26 AM
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May i ask what is your age currently and the field you are working in?
30 years old, 6+ yoe in manufacturing in heavy applications in one of the Fortune Global 500 MNCs.
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  #116 (permalink)  
Old 21-10-2021, 01:32 PM
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Unless one intends to work in States, an MBA from NUS/NTU graduated with good gpa of 4.4/5 and above coupled with few years working experience in major companies should get him shortlisted for a desirable position in a well-known organisation.
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  #117 (permalink)  
Old 21-10-2021, 02:16 PM
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30 years old, 6+ yoe in manufacturing in heavy applications in one of the Fortune Global 500 MNCs.
Nice, i am the same age as you and am graduating soon from SMU MBA, i agree with what you said about regarding why one should and shouldn't pursue an MBA.

Managed to get a decent pay jump in September for my new role too. Am working in a bank right now.
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  #118 (permalink)  
Old 21-10-2021, 02:17 PM
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Unless one intends to work in States, an MBA from NUS/NTU graduated with good gpa of 4.4/5 and above coupled with few years working experience in major companies should get him shortlisted for a desirable position in a well-known organisation.
Agree with this, i think local universities get a lot of hate for no reason, even though they are definitely sought after by companies in Singapore.
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  #119 (permalink)  
Old 21-10-2021, 02:49 PM
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Agree with this, i think local universities get a lot of hate for no reason, even though they are definitely sought after by companies in Singapore.



No worries. NUS/NTU MBA grads with the right skill sets, both knowledge and soft skills are well sought as outlined above. They can be sent to work even in States. Top employers are looking at underlining value of the job seeker and not necessary the local grads will loose out.
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  #120 (permalink)  
Old 21-10-2021, 03:37 PM
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No worries. NUS/NTU MBA grads with the right skill sets, both knowledge and soft skills are well sought as outlined above. They can be sent to work even in States. Top employers are looking at underlining value of the job seeker and not necessary the local grads will loose out.
what about SMU grads? XD
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