Reasons why your MBA degree is worthless
You have worked hard through college and graduated with a Masters in Business Administration. Although you could not get into one of the Ivy League colleges, you still decided to get an MBA at your local Bum-fuck State University. Now you are sought after to manage the fortune 500 companies that dominate the world economy. You are the genius that will end world hunger and bring peace to the world.
WRONG! Allow me to point out how and why your MBA degree is worthless in most cases. Unless you went to a university that is well known for their MBA program, you will be flipping burgers!
First of all, it should not come as any surprise to you that your flashy new MBA is not even getting you a job interview with McDonald’s after graduating. You could have done better with whatever you got your Bachelors in without spending extra years and thousands of dollars. Hell even the MBA graduates from top colleges such as Harvard are having trouble landing a job in this economy (unless you are George W. Bush. That guy is hardcore). Who is going to offer you one?
Every university tries to prop up their MBA programs as if they were the best in the world. Falling for their lies was probably your first mistake.
- You didn’t go to an Ivy League: It doesn’t matter that you got an MBA. What does matter is the name that undersigns your certificate. It is a fact that unless you went to a university that has been churning out top material in the past, nobody will take you seriously. Face it. Learn to live with it. The reason you are not getting a job is because nobody wants an MBA graduate from San Francisco State University! (I love you SFSU, no matter how much you suck!)
- You networking connections suck: If you look at the requirements for getting into any of the top universities there is one thing that is common. They all want at least 4-5 years of work experience. It doesn’t matter what your field of study was for undergraduates. They want people with different backgrounds, experiences and knowledge. The reason they require all these things is because they want you to bring connections with you – high ranking connections.
Have you ever looked at the management for any of the top companies you can think of? Why is it that you will only find people in charge who got their MBAs from Harvard, Stanford, Berkeley, or a few other top universities? Its because of networking! You think a senior vice president of Moody’s is going to send their child to anything but one of these colleges? That kid might be in your class and can probably get you a 6-figure job right after graduation. Not many people at your local university can get you the right connections.
- Opportunity cost: This is one of the terms you should have covered in your first semester no matter where you went. If you didn’t, you should probably ask for your money back. For the people who do not know what “opportunity cost” is, its whatever you are giving up in order to get something else.
By deciding to get your MBA from a crappy school you gave up at least two years of your life. In those two years you could have worked with your bachelors degree and probably be getting paid more than you are now. You gave up the time you could have spent with friends and family rather than being glued to your books all day and night. Now look at you, all sad and full of regrets.
Getting a Masters of Business Administration can get you where you want to go. You just have to graduate from a good college. I have heard all the excuses. “I am doing it for the experience, not to get rich.” What kind of bullshit excuse is that? Its a MASTERS OF BUSINESS ADMINISTRATION. The whole point of getting this degree is so you can make more money. You learn how to apply that knowledge to increase PROFITS for whatever company you work for and in turn they fill your pockets with cash!
Live up to your mistakes and learn from them! I hear they’re always hiring at Burger King!