Wednesday, October 10, 2012

RedFlagDeals.com ---> Market reputation of MBA programs

There is a LOT of discussion on RedFlagDeals.com about the reputation of MBA programs in Canada. This is user generated content, with aggressive debates / discussions, some with credibility, and some without. Some of the users have MBA degrees (or so they claim), while some are just speculating.

I found an interesting picture as below from the link: http://forums.redflagdeals.com/ryersons-mba-problem-hows-return-investment-can-one-find-jobs-easily-1233955/2/


























What do I have to say about this image above? No comments.

(In general, I can say that the job market is rough, right now, for MBA grads. Jobs do not fall into your lap just because you have an MBA. There are 150,000 MBA graduates coming out of B-schools in the US EVERY YEAR. I do not have the figures for Canada. MBAs are not hot commodity that they once were, like in the 60s, 70s, 80s, and even perhaps the 90s. So why should one do an MBA? For the knowledge. At least that is my personal intention. My MBA is to obtain the knowledge to run my Medical Services business, Vikaa Inc. Just a matter of time before my business makes an impact on the market - am working hard to make it happen :).

Some more info from the link: http://www.gmac.com/why-gmac/gmac-news/gmnews/2010/march/how-many-us-mba-students-are-there-gmac-has-the-award-winning-answer

As of 2008, there were more than 250,000 students enrolled in MBA programs in USA, and more than 100,000 MBA degrees awarded annually. These MBAs represent at least 66 percent of all graduate business degrees conferred.

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