While I completely understand that, you have to take into account much more factors than that. You have to look at age in which the degree was completed also. My friends father got his MBA at age 42 which bumped up his pay for a company he worked for for 15 years already. You also have to look at length of employment. And yes, as I stated Debt to Income ratio plays a bigger part. Who makes more money truly? The non college grad that makes 48k a year, has no debt, or the man who makes 100k a year with an MBA, but has 140k of debt of student loans, car loans, credit card debt, all with interest etc. Then compare their spending habits.

I look at things from wealth perspective not just numerical. I make less than a lot of my friends but I have more money. I have no debt. I have less things. But I have much more monetary freedom and opportunity of wealth accrual. My risk is minimal. I lose my job? I am fine for over a year easily. Friends lose their job? They have maybe 2 months before chit hits the fan and they are crushed.

So although numerically on paper getting a degree is generally better, in this current market and economic climate/future climate, I don't think it is in the slightest. Job market, wage inflation vs. market inflation, COL, debt, etc create a formula of slavery. Spending years accruing debt while not making money compared to someone not accruing debt and having years of making money is more impactful.

Honestly though it comes down to an individual. The buddy I know that sold his landscaping business is a retard with money in terms of spending so that won't lend well long term. f

Full time top 25ish MBA graduates first job's base salary is a lot higher than that as well. Top 15ish even higher.I agree with a lot of that. Although an MBA at 42 is a lot higher than what is typical.Mr. CFO baller... do you think you MBA has helped you reach the position you are at today? Did you do full time/part time/online? If you think it helped you, do you think the overall reputation/ranking of the MBA was a large part of that?

Can you tell me where I said it doesn't matter? My OP states exactly the opposite. I just pointed out it introduces unfair mechanisms.Ignore, he doesn't understand statistics.

MBA from a top school helps. So does having a University degree.

Just people don't understand is that going to University for Burger Flipping Management ****s you your net worth, whilst going for other subjects heavily increases. (Barring business people who are outliers).

Not often do I agree with Sillie but for once, right about something here. A degree isn't everything, but it helps. Is it really worth the 2 years of schooling and the expense of tuition vs. just learning in the fields I don't really know, but I wouldn't call it a waste.

Man shut ur bitch ass up.

I don't understand statistics? LOL.

The fkn audacity...

I ran a statistical analysis on top world athletes and extracted the WINNING FORMULA. You can run your own statistical analysis and extract jack chit from it.

I don't understand statistics.

MBA earns more money because they go back to school to get more skills in other areas. That's why they make more.

MBA teaches you "transferable" skills because the bulk of what they learned about their profession is through the Bachelors. MBA teaches you management skills etc.

https://www.collegeraptor.com/gettin...g-grad-school/

MBA from a t-25 program that IS PAID FOR BY YOUR COMPANY will only help, as long as the post-MBA commitment to them isn’t your left testi.

Top MBA programs have excellent networks and name recognition, but don’t do it if you’re dropping six figs out of your own money because that coin would, in 99% of cases, be better spent on property/investments. Only go when you don’t cut the check

Must be a bunch of slack-jawed tradies posting ITT if y'all unironically believe an M7 MBA won't help you earn a ton of money lmao. Yeah, most MBAs are garbage, but just lol at thinking an MBA from Columbia or Michigan isn't going to open doors to high-paying jobs for you.

I meant to say to you to ignore the guy you were responding to as he doesn't understand statistics that, in general, a university degree (a good one from a good school) and an MBA (from a good school) gives more life earnings.

its 100% field dependent

my degree is in logistics and a masters in logistics is some top tier chit, people with masters in the field are so few and far between that you become a unicorn made of gold if you get it.

My bad.

Yea I agree with you. A degree simply gives you more life earnings - in general.

That said, ops concern is the cost of the degree and job placement:

Average 4 year in state tuition is around 40-50k
https://educationdata.org/average-cost-of-college



Is degree worth it? I actually don't know. Lots of factors to consider here.

The unemployment rate for no degree is 12% while it is 6% for associates through bachelors.

The graph doesn't show if the rate has been adjusted for population size. So the actual unemployment rate for those who holds a degree may be much higher than 6%.

He may very well be on to something here.

only benefit
networking if
you are good in it
SRS

Keep in mind that this graph also includes people with useless degrees. You can be a net loser from a degree if it is a fluff one.

Also, the OP is purely concerned with how it matches you to opportunities but the degree is behind a paywall.

totally agree that MBAs are pay to play

but most of the people who enter H/S/W are top tier from the start or already had connections/money/smarts etc.

but boggles my mind why i would drop 250k USD and 2 years of lost savings as a IBD assoc than go for a wharton MBA

You can only network once you have a job.

Networking as a college student does not work.