Getting MBA worth? - Page 12 - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Education and Personal Growth

Education and Personal Growth Schools, further studies, getting ready for employment, and motivation stuff




Getting MBA worth?

Reply
 
Thread Tools
  #111 (permalink)  
Old 20-10-2021, 12:50 AM
Unregistered
Guest
 
Posts: n/a
Default

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.

Reply With Quote
  #112 (permalink)  
Old 20-10-2021, 12:21 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
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.

Reply With Quote
  #113 (permalink)  
Old 20-10-2021, 12:36 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
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)

Reply With Quote
  #114 (permalink)  
Old 21-10-2021, 10:50 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
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?
Reply With Quote
  #115 (permalink)  
Old 21-10-2021, 11:26 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
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.


Primary School English Grammar and Vocabulary Drills
Primary School English Grammar and Vocabulary Drills


SG Bus Timing App
SG Bus Timing App - the best bus app - available on iOS and Android


Bursa Stocks Android App - check share prices
Bursa Stocks [Android] App - check latest share prices on the go


SGX Stocks Android App - check share prices
SGX Stocks [Android] App - check latest share prices on the go


SGX Stocks for iPad - check latest Singapore share prices
SGX Stocks [iPad] app
| SGX Stocks [iPhone] app
Reply With Quote
  #116 (permalink)  
Old 21-10-2021, 01:32 PM
Unregistered
Guest
 
Posts: n/a
Default

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.
Reply With Quote

  #117 (permalink)  
Old 21-10-2021, 02:16 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
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.
Reply With Quote
  #118 (permalink)  
Old 21-10-2021, 02:17 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
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.
Reply With Quote
  #119 (permalink)  
Old 21-10-2021, 02:49 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
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.
Reply With Quote
  #120 (permalink)  
Old 21-10-2021, 03:37 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
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
Reply With Quote
Reply

Bookmarks

« Previous Thread | Next Thread »

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Whats your net worth Avatar Investments and Net Worth 2958 08-03-2024 01:08 AM
Calculate Net Worth and Benchmark It Salary.sg Investments and Net Worth 16 23-09-2023 10:41 PM
Net worth? Mine is negative. debt Investments and Net Worth 30 12-05-2014 12:57 PM
What is an Oxbridge degree worth nowadays? pstarz Education and Personal Growth 20 06-02-2011 02:16 AM
legal profession not worth it? alarme Income and Jobs 3 05-04-2010 03:35 PM

» 30 Recent Threads
Roles in accenture singapore ( 1 2 3... Last Page)
7,710 Replies, 2,403,471 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
16,210 Replies, 5,129,086 Views
Are job offers today based on...
3 Replies, 3,306 Views
LTA (Land Transport Authority) ( 1 2 3... Last Page)
765 Replies, 419,584 Views
ITE Polytechnic Scheme ( 1 2 3... Last Page)
332 Replies, 382,122 Views
How is life as a doctor in... ( 1 2 3... Last Page)
7,363 Replies, 3,476,793 Views
GovTech ( 1 2 3... Last Page)
5,913 Replies, 2,330,228 Views
HTX (Home Team Science and... ( 1 2 3... Last Page)
838 Replies, 393,756 Views
DSTA (under Mindef) ( 1 2 3... Last Page)
1,516 Replies, 1,408,405 Views
Career as Teacher ( 1 2 3... Last Page)
11,224 Replies, 6,869,320 Views
MAS for Mid Career Professionals ( 1 2 3... Last Page)
2,066 Replies, 1,094,577 Views
Factual Local Bank Salaries - DBS... ( 1 2 3... Last Page)
1,836 Replies, 1,455,057 Views
Compare civil service salary ( 1 2 3... Last Page)
16,446 Replies, 12,626,554 Views
IMDA (under MCI) ( 1 2 3... Last Page)
1,289 Replies, 643,804 Views
Ex-MOE Teachers ( 1 2 3... Last Page)
421 Replies, 504,686 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,927 Replies, 2,931,888 Views
Lawyer Salary ( 1 2 3... Last Page)
21,180 Replies, 10,497,497 Views
Working Culture in IRAS ( 1 2 3... Last Page)
75 Replies, 170,137 Views
Civil Svc/ Statboard - Typical... ( 1 2 3... Last Page)
6,177 Replies, 3,819,048 Views
Work culture in IHiS ( 1 2 3... Last Page)
728 Replies, 557,566 Views
AML/Compliance/KYC professionals... ( 1 2 3... Last Page)
1,855 Replies, 1,246,812 Views
Banks' Pay and Bonuses ( 1 2 3... Last Page)
558 Replies, 507,582 Views
Julius Baer Graduate Program 2023 ( 1 2 3... Last Page)
32 Replies, 17,435 Views
ST Electronics ( 1 2 3... Last Page)
3,818 Replies, 1,585,778 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
1,353 Replies, 1,171,032 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
5,905 Replies, 4,741,971 Views
NUS (National University of... ( 1 2 3... Last Page)
324 Replies, 329,466 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
5,426 Replies, 4,858,347 Views
Working in SMRT ( 1 2 3... Last Page)
41 Replies, 59,279 Views
Work culture in CPF board ( 1 2 3... Last Page)
35 Replies, 78,485 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 04:31 PM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2