mbahopeful

Tuesday, March 23, 2004

So this is what happened....

I applied to 5 schools and got 4 offers. Which is nice (though perhaps I wasn't being picky enough). However, its become clear to me that an MBA isn't going to add much value to my career and I reluctantly turned the offers down. It comes down to a couple of factors:
- I'm already in IBanking, and have the contacts I need to succeed. MBA's are such a commodity now it doesn't guarantee you anything.
- The average salaries of MBA's are what I can get anyway now.
- My inside view tells me that the number of MBA's being recruited in banks (maybe not the same as consultancy) is on the way down.
- Increasing % of MBA students seem to be IT types trying to get out of IT, who's career objectives are fuzzy to say the least.
- Aside from being a great way to meet people an MBA is an awful lot of money.

So there you go, and with those thoughts I end this blog.

Bruce.
posted by Bruce 12:06 pm

Saturday, February 14, 2004

...and since you ask (well, a couple of people have), Bruce may or may not be my real name.
posted by Bruce 7:54 pm

Wednesday, February 11, 2004

Hmm... the interesting thing about blogs is that the fewer comments you post the more people there are visiting. No, your right, thats not interesting.

I'm still on the MBA trail, sort of anyway. I got distracted by some interesting job opportunities, justifying an MBA is harder when recruitment consultants are calling you with the sort of jobs you are doing an MBA to get. At least in Europe, the job market is picking up something crazy in the past few month. Some BSchool interviews next week, so some reason to keep this blog updated.

posted by Bruce 5:24 pm

Monday, February 09, 2004

Its been a while.
posted by Bruce 10:21 pm

Thursday, November 20, 2003

Well, its been a while, and I haven't really achieved much in the last month. The decision as to whether to go to B-School has really been made for me, as I doubt I will be working for the same employer this time next year. I've really run out of steam on the GMAT, and for the moment am sticking with the 650 score I got on the first attempt. What I have been doing over the last month is taking a long hard look at some of the programmes to see (to use the BSchool cliche) what's the right fit for me. If you *really* start to do some research you might find that many b-schools are worth little more than the brands (I'm not naming names... not yet anyway).
posted by Bruce 1:23 pm

Wednesday, October 15, 2003

Another good blog - from someone who has spent even more money than me. Its good to know I'm not the only one suffering from B-School neurosis, and inability to concentrate on GMAT for more than 5 minutes. And my $750 expenditure makes me feel cheap compared to his $1700...

MBA in 2004
posted by Bruce 3:48 pm

Tuesday, October 14, 2003

Finally, an insider blog from someone at Cambridge. I'm not sure why schools bother with these glossly brochures when all the answers are on the web.
posted by Bruce 11:30 am

One can but hope...