[ale] MBA schools

[Jeff Lightner]

On the other hand I have found that the Veep he is talking about is
correct.   In my prior life I was an accountant and rose to the level of
Controller of a multi-million dollar business without having more than 2
years of college or an accounting degree.   In my current life I'm a
highly paid Systems Administrator despite having no technical degree and
am not in management only because I choose not to be so have passed on
requests to move up from employers.   If you show a willingness to take
on new tasks and learn new things companies often have a need for that
and you can leverage it the way you want.

 

On the flip side I would say that if you were getting the MBA as plus
for your resume then the school's perceived standing in the world (i.e.
have potential employers/bosses ever heard of it?) does matter.   During
the tech bust back in 2001 I was out of work for 5 months after leaving
a job and I often felt that occurred because there were a plethora of
unemployed tech workers in the market.   Employers likely did what I did
once as a manager when faced with dozens of applicants for a job - they
started picking who to interview based on specific factors on the
resume.  

e.g.  First get rid of everyone who doesn't have experience in the job
(the number one factor in most job searches), still too many resumes -
get rid of everyone that doesn't have a 4 year degree - still too many
get rid of everyone that doesn't have a degree from a school you've
heard of, still too many get rid of the ones that don't have MBAs etc...

 

Even though you want to run your own business (good luck) it is a fact
that most new businesses fail within the first 3 years so your MBA may
be something you need to fall back on if you reentered the job market
later.   At that point the name/reputation of the school might make a
difference especially if the failure occurred more due to the economic
climate than due to any mismanagement on your part.

 

P.S.  Do MBAs teach Accounting 101?  I wouldn't have thought so - you
might want to look at some undergrad accounting/economics/management
classes before starting the MBA even if you've already got a 4 year
degree.

 

________________________________

From: ale-bounces at ale.org [mailto:ale-bounces at ale.org] On Behalf Of
To: ale at ale.org
Michael B. Trausch
Sent: Tuesday, June 26, 2007 9:52 PM
To: Atlanta Linux Enthusiasts
Subject: Re: [ale] MBA schools

 

On Tue, 2007-06-26 at 21:28 -0400, Brandon Colbert wrote:



I have talk to upper management where I work, and the advise I got from
the VP was, "knowledge is only what you make of it." If you know what
you are doing, and have the skills to bring new ideas to a company, know
ones is going really question your education. 


I have tended to find that the opposite is true; the reason that I am in
college now is that it was pretty close to impossible for me to get a
job that I wanted.  In many cases, I could only speculate who got the
job, but in a few cases, I lost out to someone who had just come out of
college with little to no experience or real working knowledge.  This
was frustrating to me.




I do run a small IT consultant company that I am expanding, so that I
can hopefully leave the "corporate slave world" one day. I figure that
an MBA will give me the knowledge I need to be make my company
successful, and it will make me more marketable in the corporate world.
I know zero about accounting and finance, I just started migrated to GNU
Cash. LOL.  Although I which GNU Cash was web based, like SQL Ledger. 


I tolerate GnuCash at this point, and I certainly can't figure out SQL
Ledger.  There are lots of programs out there that fall short of what
they should, and others that go way overboard (like SQL Ledger, IMHO; I
can see that being useful for a mid- to large-sized business, but not
personal finance or even small business).  What's missing is the perfect
program.  Eventually, though, something will come out that is that
perfect, flexible program.

    --- Mike


--

Michael B. Trausch 

michael.trausch at gmail.com

Phone: (404) 592-5746 

Jabber IM: 

michael.trausch at gmail.com 

Demand Freedom!  Use open and free protocols, standards, and software!
Support free speech---it is the most valuable freedom we have! 

 

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