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mongol
Oct 11, 2005

Ronald Reagan? The actor!?
MBA Student chiming in.

KingMorse posted:

So I reread my post from last night and I did sound pretty negative. My apologies, extraneous education is kind of a soapbox of mine.

To resummarize my comments: MBAs have value and probably improve peoples' lives, but they shouldn't be mistaken as the sole qualification or route to success. Hopefully that is a little more fair than my words from last night.

To answer your question about my 'friends' (I hope I was clear, some I know well and would consider friends, but others are mere acquaintances), most of them have made their money in real estate and/or construction. As a proportion, I would say 80% or so. The others own other types of businesses. As an aside, the part of the country I'm from doesn't have a lot of 'old money' or people who got it through inheritance. The vast majority of successful folks around here are self-made.

I would agree that it isn't a requirement for success, but it's pretty drat helpful. You can be successful without it, but it will give you a leg up on the competition when it comes to job hunting. Also, depending on the job/company, it's pretty much expected. I know for my job, I've gotten to the point where everyone above me has an MBA, so I know if I want to progress, I need one too.

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