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Is MBA degrees an example of capitalism of cronyism?
03-05-2021, 12:58 PM
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Is MBA degrees an example of capitalism of cronyism?
-- Most employers don't sponsor
-- It is a pay-to-win access
-- It gives you opportunities that others won't have
-- Since it is the network from the school and not management science bull**** itself, it is a club for better opportunities
No reason why this should exist. We don't need tax the rich and socialism but we can't remove retarded mechanisms like that.
-- It is a pay-to-win access
-- It gives you opportunities that others won't have
-- Since it is the network from the school and not management science bull**** itself, it is a club for better opportunities
No reason why this should exist. We don't need tax the rich and socialism but we can't remove retarded mechanisms like that.
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03-05-2021, 12:59 PM
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MBAs are so useless I think it's more an example of stupidity and getting cucked. Only reason to get an MBA is to network - to that extent, OP is correct
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03-05-2021, 01:00 PM
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03-05-2021, 01:14 PM
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It can be both of those things at the same time. All Capitalism is, is the free movement of capital. Paying for an expensive degree for the opportunity for high status/prestige jobs doesn't go counter to that. That being said, I'm still contemplating getting an MBA.
Just like big tech cancelling things and people say it's crony or "not real" capitalism. That IS capitalism. I wish right wingers would understand that.
see sig
Just like big tech cancelling things and people say it's crony or "not real" capitalism. That IS capitalism. I wish right wingers would understand that.
see sig
Originally Posted By N0stradamus⏩
this is true too. But sometimes I do see no name mba's as f500 execs. But I would never get one unless it was top 15 or top 20.the caveat is that if you don't go to a well-respected school you're basically just wasting time and money.
I went to a well-known school just for the name recognition. There was no difference in quality of education, but those 4 magical letters U.C.XX opens doors that a No Name school can't....
I went to a well-known school just for the name recognition. There was no difference in quality of education, but those 4 magical letters U.C.XX opens doors that a No Name school can't....
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03-05-2021, 01:16 PM
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I would say yes, but the caveat is that if you don't go to a well-respected school you're basically just wasting time and money.
I went to a well-known school just for the name recognition. There was no difference in quality of education, but those 4 magical letters U.C.XX opens doors that a No Name school can't....
I went to a well-known school just for the name recognition. There was no difference in quality of education, but those 4 magical letters U.C.XX opens doors that a No Name school can't....
Everything I post is satire.
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03-05-2021, 01:19 PM
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Originally Posted By N0stradamus⏩
imagine thinking any UC school will open doors LOLI would say yes, but the caveat is that if you don't go to a well-respected school you're basically just wasting time and money.
I went to a well-known school just for the name recognition. There was no difference in quality of education, but those 4 magical letters U.C.XX opens doors that a No Name school can't....
I went to a well-known school just for the name recognition. There was no difference in quality of education, but those 4 magical letters U.C.XX opens doors that a No Name school can't....
03-05-2021, 02:45 PM
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03-05-2021, 02:50 PM
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Yes of course. The even bigger scam are the ivy league offering nonsense continuing education or professional classes or whatever they call them. They let everyone in.
Basically, pay us $50k and you can put HAAAAVARD on your resume and maybe fool the HR drone lol.
Basically, pay us $50k and you can put HAAAAVARD on your resume and maybe fool the HR drone lol.
03-05-2021, 02:51 PM
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tfw read this thread as "NBA" and thought it was an argument about heightism.. i'll see myself out fellas.
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03-05-2021, 02:56 PM
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Originally Posted By ScramFranklin⏩
yeah giant monopolies controlling society and affecting people's rights is capitalism and freedom because it isnt the government doing it, its a private business.It can be both of those things at the same time. All Capitalism is, is the free movement of capital. Paying for an expensive degree for the opportunity for high status/prestige jobs doesn't go counter to that. That being said, I'm still contemplating getting an MBA.
Just like big tech cancelling things and people say it's crony or "not real" capitalism. That IS capitalism. I wish right wingers would understand that.
see sig
this is true too. But sometimes I do see no name mba's as f500 execs. But I would never get one unless it was top 15 or top 20.
Just like big tech cancelling things and people say it's crony or "not real" capitalism. That IS capitalism. I wish right wingers would understand that.
see sig
this is true too. But sometimes I do see no name mba's as f500 execs. But I would never get one unless it was top 15 or top 20.
When the google police kick in your door without a warrant for suspicion of using their service with an ad blocker its not the government violating your Natural rights protected under the 4th amendment its a private company so its okay.
When the amazon drone uses lasers to hear your voice inside your home bouncing off the windows its not the government invading your privacy its a private company so its okay.
etc
03-05-2021, 02:58 PM
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I've taught myself HTML, CSS/Sass, Javascript/AJAX, Python/Django/DRF, and some SQL. Plus I can test. I have more value than a $40,000 MBA lol.
03-05-2021, 02:58 PM
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MBAs are dumb as chit. Yes even for a top school. Most of them would be better off using that time and money doing any number of things.
There are very few reasons to get an mba
There are very few reasons to get an mba
03-05-2021, 03:03 PM
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03-05-2021, 03:10 PM
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Originally Posted By Caeculus⏩
LOL also to add to that, wouldn't the government be privy to the information private companies are gathering?yeah giant monopolies controlling society and affecting people's rights is capitalism and freedom because it isnt the government doing it, its a private business.
When the google police kick in your door without a warrant for suspicion of using their service with an ad blocker its not the government violating your Natural rights protected under the 4th amendment its a private company so its okay.
When the amazon drone uses lasers to hear your voice inside your home bouncing off the windows its not the government invading your privacy its a private company so its okay.
etc
When the google police kick in your door without a warrant for suspicion of using their service with an ad blocker its not the government violating your Natural rights protected under the 4th amendment its a private company so its okay.
When the amazon drone uses lasers to hear your voice inside your home bouncing off the windows its not the government invading your privacy its a private company so its okay.
etc
Even if they didn't have access by default all it would take is a warrant and they have all that information at their fingertips.
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03-05-2021, 03:14 PM
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Some of these comments calling MBA's useless are not very well informed. Obviously an MBA is not rocket science and ranking matters a ton, but they are "cool kid clubs" that can unlock very prestigious, high paying, and high pay growth companies and fields... mainly consulting, Investment banking, and tech.
Click on some schools and look at BASE salaries. Not including bonuses, stock, etc. It's a lot more than about 90% of americans will ever make per year, even in their peak earning years.
https://www.usnews.com/best-graduate...s/mba-rankings
Click on some schools and look at BASE salaries. Not including bonuses, stock, etc. It's a lot more than about 90% of americans will ever make per year, even in their peak earning years.
https://www.usnews.com/best-graduate...s/mba-rankings
Originally Posted By MBisonSon⏩
oh i'm sure they give everything to the govt. Probably get paid to do so (more capitalism, just the free movement of capital).LOL also to add to that, wouldn't the government be privy to the information private companies are gathering?
Even if they didn't have access by default all it would take is a warrant and they have all that information at their fingertips.
Even if they didn't have access by default all it would take is a warrant and they have all that information at their fingertips.
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03-05-2021, 03:24 PM
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Originally Posted By ScramFranklin⏩
that has a lot more to do with the fact the degree says columbia rather than mbaSome of these comments calling MBA's useless are not very well informed. Obviously an MBA is not rocket science and ranking matters a ton, but they are "cool kid clubs" that can unlock very prestigious, high paying, and high pay growth companies and fields... mainly consulting, Investment banking, and tech.
Click on some schools and look at BASE salaries. Not including bonuses, stock, etc. It's a lot more than about 90% of americans will ever make per year, even in their peak earning years.
https://www.usnews.com/best-graduate...iversity-01148
oh i'm sure they give everything to the govt. Probably get paid to do so (more capitalism, just the free movement of capital).
Click on some schools and look at BASE salaries. Not including bonuses, stock, etc. It's a lot more than about 90% of americans will ever make per year, even in their peak earning years.
https://www.usnews.com/best-graduate...iversity-01148
oh i'm sure they give everything to the govt. Probably get paid to do so (more capitalism, just the free movement of capital).
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03-05-2021, 04:02 PM
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Originally Posted By meanstringbean⏩
not sure if srsMBAs are dumb as chit. Yes even for a top school. Most of them would be better off using that time and money doing any number of things.
There are very few reasons to get an mba
There are very few reasons to get an mba
a top school mba opens up a world of doors
03-05-2021, 04:08 PM
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op is onto something
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03-05-2021, 04:14 PM
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03-05-2021, 04:14 PM
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Originally Posted By AdamSMW⏩
It's basically all a scam.

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03-05-2021, 04:24 PM
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Originally Posted By UtahHiker⏩
That sounds nice and all, *******.I got accepted to an MBA program this year but ended up deciding not to go. Rather start and run my own business than pay $85,000 to re-learn some stuff from my undergrad.
But you're painting the picture that a small business easy to run and that it's assured profits. It's not, *******.
*******.
Get an MBA, make more money without having to run your own biz whilst side hustling a biz to put ur boss out of biz.
It's a doge eat doge world out here, bb.
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03-05-2021, 04:29 PM
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All MBA people I know are in tons of debt. All the money moggers I know at my age were average college kids with good personalities, or kids that didn't go to college. Srs. Or get in the family business.
For most people an MBA is useless and an accrual of debt. An undergrad at this point is just to make you a debt slave.
For most people an MBA is useless and an accrual of debt. An undergrad at this point is just to make you a debt slave.
03-05-2021, 04:39 PM
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Originally Posted By Atlastrength⏩
Bullchit.All MBA people I know are in tons of debt. All the money moggers I know at my age were average college kids with good personalities, or kids that didn't go to college. Srs. Or get in the family business.
For most people an MBA is useless and an accrual of debt. An undergrad at this point is just to make you a debt slave.
For most people an MBA is useless and an accrual of debt. An undergrad at this point is just to make you a debt slave.
People who hold a degree make more money than those who don't.
Its as easy as 123.
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03-05-2021, 04:40 PM
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Originally Posted By rectifryer⏩
I concur. It's a prestige degree. So is Law. Every few rankings, the lucrative and high paying jobs decreases more and more. Edited my last post. I meant to post the overall rankings, not Columbia specifically.that has a lot more to do with the fact the degree says columbia rather than mba
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03-05-2021, 04:53 PM
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Originally Posted By tunafishha⏩
Like who? Bill Gates? Steve Jobs? Mark Zuckerberg?Bullchit.
People who hold a degree make more money than does who don't.
Its as easy as 123.
People who hold a degree make more money than does who don't.
Its as easy as 123.
I know 0 6 figure MBA bros. I have one buddy that got his masters in mathmatics and he makes 140k a year. Has 94k in debt from student loans and a car loan and lives in an absurd COL area. I know another buddy that got his PhD in Physics. All to go work a 120k job in downtown Portland while being in massive student loan debt.
Anyone else I know that has "advanced" degrees make the same amount as anybody else I know without. Heck my buddy that owns his own Landscaping company clears 100k for himself after all expenses, then sold it last year, and now makes 90k a year working as the head of the deparment of grounds for a major high school near me in an area of lower COL.
LOL if you fall for the MBA hype in 2021. It is a debt pool for the retarded wagecels.
03-06-2021, 12:20 PM
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Originally Posted By Atlastrength⏩
Everything you listed is anecdotal.Like who? Bill Gates? Steve Jobs? Mark Zuckerberg?
I know 0 6 figure MBA bros. I have one buddy that got his masters in mathmatics and he makes 140k a year. Has 94k in debt from student loans and a car loan and lives in an absurd COL area. I know another buddy that got his PhD in Physics. All to go work a 120k job in downtown Portland while being in massive student loan debt.
Anyone else I know that has "advanced" degrees make the same amount as anybody else I know without. Heck my buddy that owns his own Landscaping company clears 100k for himself after all expenses, then sold it last year, and now makes 90k a year working as the head of the deparment of grounds for a major high school near me in an area of lower COL.
LOL if you fall for the MBA hype in 2021. It is a debt pool for the retarded wagecels.
I know 0 6 figure MBA bros. I have one buddy that got his masters in mathmatics and he makes 140k a year. Has 94k in debt from student loans and a car loan and lives in an absurd COL area. I know another buddy that got his PhD in Physics. All to go work a 120k job in downtown Portland while being in massive student loan debt.
Anyone else I know that has "advanced" degrees make the same amount as anybody else I know without. Heck my buddy that owns his own Landscaping company clears 100k for himself after all expenses, then sold it last year, and now makes 90k a year working as the head of the deparment of grounds for a major high school near me in an area of lower COL.
LOL if you fall for the MBA hype in 2021. It is a debt pool for the retarded wagecels.
https://dqydj.com/income-by-education/
High School Diploma Median Income: 33,000
Bachelors Degree Median Income: 60,000
Masters Degree Median Income: 77,220
Professional School Degree Median Income: 121,914
Doctorate Degree Median Income: 110,000
There is similar increases for the 1 percenters and average incomes of each group as well. A typical 1%er with only a high school diploma makes 182,000. Bachelors Degree 415,000
Please keep in mind that does not mean someone with no college education can't make 400,000. But data like this is much more useful than the anecdotes you listed.
But you are correct about debt being a factor that should be taken into account. Typically there is something called "return on investment" for pursuing higher education, ie, it pays for itself.
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03-06-2021, 12:27 PM
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03-06-2021, 12:46 PM
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Originally Posted By BigElephant⏩
I have actually seen quite a few f500 execs with some of those classes/certificates in their professional bio. It surprised me.Or just put Harvard on your resume anyways. Just apply to a bunch of places and you're bound to slip through the cracks somewhere.
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03-06-2021, 12:46 PM
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You kids really think MBAs don’t matter? How many director+ jobs do you think are out there? Unless you’re internal or know someone, no MBA means no interview in the business world. And while obviously more prestigious schools mean more opportunities but even a state school with a good resume will get you an interview for most jobs.
And whoever said that they only knew 1 advanced degree dude making six figures must not know many people. Here in Maryland, an MBA +10 years of increasing responsibility gets you minimum of $100k in the corporate world. Hell I just had a dude with no MBA and only 6 years of experience list his salary demand at $105k. Corporate finance. Not an engineer or computer whatever.
And whoever said that they only knew 1 advanced degree dude making six figures must not know many people. Here in Maryland, an MBA +10 years of increasing responsibility gets you minimum of $100k in the corporate world. Hell I just had a dude with no MBA and only 6 years of experience list his salary demand at $105k. Corporate finance. Not an engineer or computer whatever.
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03-06-2021, 12:55 PM
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