After all this financial meltdown...

ok24by7

Hi All,

Just wanted to get your views on whether MBA will still be a good option to consider after all the news about financial sector meltdown in US.

Will the jobs be back on wall st or in the finance dept in atleast 2 years, by the time I complete my MBA?

Not sure if this is the right place to ask this question but all comments are welcome...
This post is NOT to discourage people from going for an MBA.

Thanks.

beatthegmat · Posted: Wed Oct 01, 2008 9:57 pm Post subject:

Moved this poll to the Lounge

tolmar · Posted: Mon Oct 06, 2008 7:28 am Post subject:

I really think that the golden era of b-schools is over for a couple of years. This crises is not just a pure finical crises that will reshape the landscape of the finance and banking institutions of the next years.

Many top B schools suggested that their schools are the safest way to investment banking. with that sector completely wiped out (2 collapsed, the other two became regular banks), the incentive to get an MBA is completely going down.

I think that salaries in this sector are gone forever, since the government will demand more regulation, and share holders will want to see long term results, and not just short ones that makes the CEO pockets full.

I think that paying today 150K for 2 years in education is a very difficult decision to make, especially when it will take much more time to return it.