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QuantJockMN
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Posted: 29 Jan 2010 at 13:16 \| IP Logged

I'm not p!ssed off enough to drop out. Knowing what i know now the
cost is not worth it. Paid for part time MBA would be great.

To say their is no learning is a gross generalization.

So I'm making the best of it, but I would not suggest it to others.

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allegro-cpa
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Posted: 01 Feb 2010 at 09:18 \| IP Logged

I am saying that the MBA COULD be overrated. I mean, look at the LAW degrees out there, they cost an arm and a leg and you end up with a low paying job after 150k in debt. I'm hoping the expensive MBA is not the same way, I don't know yet and have not invested money in one, yet. CPA is cheap - only a couple thousand. CFA - a few thousand. MBA - could be over 100k unless you get a scholarship. I think the smart thing to do would be to get a really high GMAT, and get the scholarship ( at least 70%) to cover the tuition. Otherwise, it could be just a whole bunch of debt for nothing.

I'm talking about schools between top 15- 50, they could all just be expensive and no return on investment.

The only usefulness I see is building connections and networks with the program. And it all depends on your individual situation.

Plus if your in accounting, I don't know what an MBA will do for you anyway, unless your an exec in an accounting firm. MBA maybe better for marketing and finance people. Maybe the MBA looks good for you in accounting in that your a team player? You don't need an MBA to do taxes or auditing thats for sure.

CPA2b1day
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Posted: 01 Feb 2010 at 11:09 \| IP Logged

allegro-cpa wrote:

Plus if your in accounting, I don't know what an MBA will do for you anyway, unless your an exec in an accounting firm. MBA maybe better for marketing and finance people. Maybe the MBA looks good for you in accounting in that your a team player? You don't need an MBA to do taxes or auditing thats for sure.

If you're in accounting and have an MBA, you could possibly go into consulting by being a business and/or accounting coach. While having a CPA for consulting would be sufficient, IMO a CMA would be a much better fit. however, I would only recommend this if you have the people skills necessary to balance your technical skills.

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allegro-cpa
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Posted: 01 Feb 2010 at 11:25 \| IP Logged

looks like the IBM consultants make over a 100k, I heard of some MBA's working there in consulting, but not CPAs. Maybe they can, who knows. Thanks for the insight of the CPA/MBA mix and uniqueness.

SoFar
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Posted: 01 Feb 2010 at 12:58 \| IP Logged

Quantjock, what is the tier of your MBA.

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