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PhR33X

MBA qualified?

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So I am enrolling into an MBA. I'm doing this because I am at kind-of a dead-end, career wise and maxxed out my income earning potential without getting a serious qualification under my belt. (I have two Diplomas but these are being given out like candy from the back of a dirty old man's black van, these days)

 

Is anyone here completing or have completed an MBA? What is/was your experience? What were your expectations versus results?

Edited by PhR33X

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I have a grad diploma of business studies, which is really like 1/2 an MBA.

Definitely lots of hard work it was just to finish that!

 

I found most of the course content bloody boring actually but my background was IT not business.

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Do you know what you want your MBA to focus on?

 

Do you still keep in touch with Maksym?

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Hi Nich,

 

Yep, still in comms with Maksym. We are/were on the Board together at Bridges www.bridges.org.au, but he stepped down at the AGM last week.

Edited by PhR33X
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Hmm.

 

I don't see an MBA being a much asked for qual any more, it was a couple of decades ago.

 

I have employed a couple, have to admit the alternate acronym of "Mostly Boringly Average" certainly applied.

 

It really depends where you want your career path to go but for a damned sight less money and time you could get ITIL qualified and come to that Uptime Institute both of which are in demand.

 

I tend to find the qualification industry to be an utter scam tbh, it proves nothing of the competence of an individual other than their ability to have the ability to be fleeced of hard-earned cash for a piece of maybe useful paper.

 

Cheers

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Hi Chris,

I think you're right in that the MBA is not often specifically asked for, but seems to be a qualification held by a great many - particularly internationally - CEOs and other high ranking managerial appointments in the largest organisations. If I want to play in those echelons of corporate world, then I need to be competitive with others who seek similar roles - although I acknowledge that I also need a point of difference but that comes down to my areas of specialisation and personal interest/passion. If a potential employer is considering applicants at that level - those with an MBA are potentially a better pick than those without.

 

I really am not that interested in ITIL type qualifications, however. I don't work in industries that specifically require those kinds of skill sets. I work in vocational education and training across a range of service and technical industries. I have been GM of a training company in the telecommunications industry - despite having bugger-all knowledge of telecommunications.

 

I don't agree with you that the 'qualifications industry' is an "utter scam". Yes, there are dodgy RTOs out there - a great many of them. But equally there are training providers who are genuinely committed to quality training and assessment, who have passed the scrutiny of the regulators and state training bodies and consistently produce quality graduates.

 

Any industry that the government throws funding at will have its cowboys. Fortunately the world of vocational education and training has been going through a major over-hall, with more and more operators being shaken to the surface, exposed and shut down by the Australian Skills Quality Authority and the ACCC. Insurance providers and industry licensing bodies are also very eager to force the training providers to raise the bar - leaving behind the ones who don't measure up. Those RTOs who attempt to shortcut the training and assessment processes, aren't engaged with their respective industries, don't systematically and thoroughly validate their assessments are finding it harder to to operate.

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:)

 

I probably did not express myself well over the qualification scam, I was thinking specifically of certain aspects of IT where some very large organisations are making major revenue churning out more and more finer gradation training course that are ridiculously expensive and attract renewal fees. The big boys Cisco, MS, have been doing it for years but others are on the gravy train as well, not least Uptime Institute, even ITIL although an ITil course is quite affodable but as you not probably not relevant to yourself.

 

I completely agree that there are some very, very good training organisations around and that the dodgy ones are being weeded out.

 

I can see why an MBA is a good thing for you to have on your CV, and yes, it is more common overseas however that is where it is also falling into a degree of disrepute.

 

Cheers

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I was wondering about this myself. Just to progress my career with less effort than otherwise, I was thinking of doing an MBA, a Masters of Project Management or possibly a Masters of Engineering Management.

 

I didn't think I would learn *that* much as I've already done business, accounting and project management subjects in my under grad degree, I'd already run my own business and I'd already worked on major projects. Nevertheless, it seemed an easy way to demonstrate I had knowledge and that's pretty much what employers want - something easy.

 

In the end I opted for a Masters in Teaching, with majors in Maths and Computing, which will qualify me to teach those subjects in high school. It has numerous areas of theory covering project management, people management, psychology as well as more teaching-specific stuff. Where a PM degree or MBA wouldn't actually qualify me for anything, this does, so it opens up my options.

 

Also, I work in the education industry and my company values teaching degrees, which are useful but also just to show off our teaching credentials to our clients.

 

Also, I'm enjoying it :-)

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