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Fisher COB - what's up?

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HelpIsOntheWay

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our college of business has been steadily dropping in the rankings after peaking around 2002/2003. in these global MBA rankings we dropped from 39 to seventy-something in three years....what's going on over there?


http://news.ft.com/businesslife/mba

 
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We had a thread like this awhile ago.

If your school is not top ten then the rest really does not matter.
I am of the opinion that the MBA has almost become the norm as a Bachelors degree was when I graduated.

I have also gone on record as saying some of the dumbest SOB's I have worked for and with had MBA's, from top schools.

If you can get into a top school, odds are you would be successful in life anyway. The MBA is just a confirmation.

Where you at Dixie?
 
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Agreed that you have to look at who is doing the ranking and what criteria they are using. In the USNews & World Report rankings our MBA program has been consistently ranked in the mid-20s over the past seven years.

A few years ago, the Wall Street Journal had us at 14th; however, the Journal has an extreme east-coast bias (they had Stanford ranked around 50th, even though it is easily one of the top 10 if not top 5 programs in the country).

If you look at the big picture, our MBA program is in the second-tier of national schools. We are a step under the very best schools like Harvard, Wharton, and Kellogg; but we are competitive with schools outside these very elite ones.

As for the deluge of MBAs we are seeing, I believe it is going to result in the creation of three-year, certified MBA programs. My fiancee graduated from Ashland with her MBA in 2003 and was one of 2 students from her school to participate in an experimental cMBA test. I have also heard rumors of Case Western considering the creation of a three-year Doctor of Business program.
 
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BuckeyeGrad

I am not surprised.
The MBA craze has been a cash bonanza for the graduate schools.
The school I attended had an Executive program with a over supply of applicants.
They opened an international MBA.
They started an MBA for health care executives.
Add another year and it looks like you are upping the anty but in reality you are getting another $25,000 from the students.

The MBA is not the silver bullet it was and if not top ten then you really have to consider why you are doing it. Then again it will be the basic standard as the BS was years ago so all you are doing is keeping up, not getting ahead.
 
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bucknola said:
The MBA craze has been a cash bonanza for the graduate schools.
Click to expand...
You hit the nail on the head. Every college and university in the country wants an MBA program because it is a big revenue maker for the institution.

My future brother-in-law received one of those International MBAs and it was a complete joke. He payed almost twice as much for it as my fiancee did for her MBA because of the "International" title. The result was a watered-down curriculum jammed into one-year, which translates into no long-term retention. Sure he spent 6 weeks in Europe with the program, but all they did was tour European companies and factories. He even admits it was a complete waste of time and $$.
 
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An MBA for health care exec's is called an MHA. It is a two year program totally seperate from the MBA. You can do an MBA/MHA sequence and get both degrees, however it takes three years instead of the two years an MBA or MHA is on it's own.

Be careful with MHA's most are not accredited. (as an example, only three univerities in Ohio have accredited MHA programs... BW, OSU, and XU... however there are bunch of Ohio universities that offer the degree... a nonaccredited degree is worthless IMO).

I agree that the program (MBA) is all about $$$. However any more you need one because everybody else has one. It might not put you ahead having one, but you could argrue those without one are behind the eightball without one. With that said I don't have one, and don't know if I'll get one (if I do it will be part time), so do as I say not as I do :tongue2:
 
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there's no doubt that going to a wharton or harvard or chicago pays off the second you graduate in a big way. but what if you make say $70K and you're considering going to grad school....the averagea starting salary from OSU MBA (and other comparables) was something like $85K. so why would i blow all my cash and time to gain $15K per year when i can probably do that by waiting a little and finding a new job w/higher pay?

that's kinda where i'm at now...getting pressured to go to grad school, but i don't think i can get into a top program...but i can definitiely get into an OSU or Uof I. what about cornell? it's just barely a top 25 school....i wonder if that's worth going to w/re to getting guaranteed $90K straight out of there.
 
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HelpIsOntheWay said:
there's no doubt that going to a wharton or harvard or chicago pays off the second you graduate in a big way. but what if you make say $70K and you're considering going to grad school....the averagea starting salary from OSU MBA (and other comparables) was something like $85K. so why would i blow all my cash and time to gain $15K per year when i can probably do that by waiting a little and finding a new job w/higher pay?

that's kinda where i'm at now...getting pressured to go to grad school, but i don't think i can get into a top program...but i can definitiely get into an OSU or Uof I. what about cornell? it's just barely a top 25 school....i wonder if that's worth going to w/re to getting guaranteed $90K straight out of there.
Click to expand...
Do you like your current job?
 
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buckeyegrad said:
As for the deluge of MBAs we are seeing, I believe it is going to result in the creation of three-year, certified MBA programs. My fiancee graduated from Ashland with her MBA in 2003 and was one of 2 students from her school to participate in an experimental cMBA test. I have also heard rumors of Case Western considering the creation of a three-year Doctor of Business program.
Click to expand...
The scary thing is I know why the MBA numbers have shot through the roof and you can blame the fucking Accountants (like myself). In 1999 to be elgible to take the CPA Exam you had to have a masters in Accounting. Opening up every accounting major to be forced to get an MBA. I can also bet other majors and associations after graduation is forcing more and more people into the MBA program to get any accreditation they require for their profession.
 
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