Is an MBA from WVU worth the opportunity cost?

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Discussion Overview

The discussion revolves around the value of obtaining an MBA from West Virginia University (WVU) in relation to opportunity costs and career prospects, particularly for someone with a mechanical engineering background and potentially a math degree. Participants explore the implications of pursuing an MBA, including its impact on job opportunities outside of engineering and the necessity of a finance degree for certain positions.

Discussion Character

  • Exploratory
  • Debate/contested
  • Career-related

Main Points Raised

  • One participant questions whether an MBA combined with a mechanical engineering degree and possibly a math degree would suffice for financial positions that typically require a B.S. in finance or accounting.
  • Another participant expresses uncertainty about the significance of the opportunity cost of an additional year spent obtaining the MBA and math degree, suggesting it may not be as substantial as perceived.
  • Concerns are raised about the credibility of WVU's MBA program, with one participant suggesting that the perceived ease of obtaining the degree could affect its value in the job market.
  • Participants discuss the potential job opportunities available with an MBA and whether it would enable entry into finance roles without a specific finance degree.
  • One participant mentions a specific monetary figure ($60,000) as the opportunity cost of not pursuing further education, highlighting the financial implications of their decision.

Areas of Agreement / Disagreement

Participants express differing views on the significance of the opportunity cost associated with pursuing an MBA and the credibility of WVU's program. There is no consensus on whether the MBA would adequately substitute for a finance degree in securing financial positions.

Contextual Notes

Participants' assessments of the opportunity cost and the credibility of the MBA program depend on personal perceptions and experiences, which may vary widely. The discussion does not resolve the question of the MBA's value in relation to specific job markets.

Physics_wiz
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I am considering getting an MBA. They have a pretty easy program here at WVU where you can get an MBA in 14 months. If I have a mechanical engineering degree (and maybe a math degree) with an MBA all from the same college, what kindda jobs will I be able to do that aren't engineering?
I looked at some financial positions and they usually require a B.S in finance or similar. Will a degree in Engineering (or Engineering + math) and an MBA substitute for the B.S in finance or accounting?
 
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Physics_wiz said:
I am considering getting an MBA. They have a pretty easy program here at WVU where you can get an MBA in 14 months. If I have a mechanical engineering degree (and maybe a math degree) with an MBA all from the same college, what kindda jobs will I be able to do that aren't engineering?
I looked at some financial positions and they usually require a B.S in finance or similar. Will a degree in Engineering (or Engineering + math) and an MBA substitute for the B.S in finance or accounting?

How old are you?

Are you in your third year yet?
 
I'm 19. Next year (06/07) will be my third year in college, but I'll be done with my mechanical engineering degree after that. I'll need about 5 more classes to get a math degree and I found out that my university offers an MBA program that lasts 14 months (summer/fall/spring/summer). So here are my choices:

1. finish engineering then start with the MBA program in the summer and squeeze in the 5 math classes that I need for the degree while getting the MBA.

I can then go to grad school or go out and get a job.

2. Go to grad school or get a job right after next year without doing option 1.

The deciding factor here will be whether the MBA + math degree are worth the extra year or not. BTW, the extra year will be free (ie. I won't have to pay for tuition), but the opportunity cost of the year is deffinately worth a lot. This is why I was asking about the extra advantages of having an MBA. What kind of extra jobs will it allow me to have? I like finance, so will I be able to do any of that with just an MBA and no finance degree?
 
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Physics_wiz said:
I'm 19. Next year (06/07) will be my third year in college, but I'll be done with my mechanical engineering degree after that. I'll need about 5 more classes to get a math degree and I found out that my university offers an MBA program that lasts 14 months (summer/fall/spring/summer). So here are my choices:

1. finish engineering then start with the MBA program in the summer and squeeze in the 5 math classes that I need for the degree while getting the MBA.

I can then go to grad school or go out and get a job.

2. Go to grad school or get a job right after next year without doing option 1.

The deciding factor here will be whether the MBA + math degree are worth the extra year or not. BTW, the extra year will be free (ie. I won't have to pay for tuition), but the opportunity cost of the year is deffinately worth a lot. This is why I was asking about the extra advantages of having an MBA. What kind of extra jobs will it allow me to have? I like finance, so will I be able to do any of that with just an MBA and no finance degree?

1 year is a big opportunity cost?

I never thought that was big. That's quite small for the extra you're getting.

Whether or not it will help you get a job depends on how credible your school is. If it's a school where they hand out degrees like paper with words on it, then maybe not.
 
JasonRox said:
1 year is a big opportunity cost?

I never thought that was big. That's quite small for the extra you're getting.

Whether or not it will help you get a job depends on how credible your school is. If it's a school where they hand out degrees like paper with words on it, then maybe not.

If I don't go to grad school and just get a job the opportunity cost will be about $60,000. If I go to grad school, it'll be even higher.

Do you know how credible WVU is thought to be? I honestly think it's easy, but that's just me.
 

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