An MBA in Recession time: Does it make sense?

[Nomi]

Originally Posted by s_280453

Recession is good time to do MBA and rethink your career strategies !

Actually recruiters in Silicon Valley are saying an MBA is a waste of time as they are becoming a dime a dozen and very few of them actually know how to *do* anything that impacts the bottom line except juggle figures.

From what I see, there are ten times the number of jobs for Project Managers than ones that require an MBA, even in financial institutions.

So get your PMP certification and do your MBA via the net. There are a number of good schools that offer it such as Heriot (something) in Scotland that you can do totally on the net and costs about a 1/3rd what in class costs.

Nomi

[anubhutiv]

It really depends on the extent of recession. If the recession stays for longer and then after 2 years the returns do not come, then the fee is too high a stake.

[navin_c]

Originally Posted by anubhutiv

It really depends on the extent of recession. If the recession stays for longer and then after 2 years the returns do not come, then the fee is too high a stake.

hey.thanks for ur opinion.its been seen dat often countries take more 2 years to recover from recession.so according to u mean while ppl shouldnt do mba??? do post ur comment on it.thanks.bye

[DesiDude666]

The recession will be a prolonged one for America as their external and internal debts are really high. Even if this is brought under control, there are no real jobs in the US today. An American MBA is still a sought after degree, anywhere around the world, and in Asia Pacific, an MBA is still a must for that coveted job at the top.

While non-MBAs can argue over the actual 'requirement' and how it shouldn't be needed, it's still the staple to promotion and senior management appointments. One economic crisis doesn't change the entire picture - you need an MBA, whether it's recession or not.

This is being competitive - how are you going to differ from the rest? Since finances will limit others from an MBA (or qualifying) you should have done so too. If too many people have MBAs, then yours should be the one with the highest GPA - there is the difference. It's about being competitive.

[CITYBOY]

MBa work icresed during the recession period

[neerujain]

mba recession .....
very soon it will come down to normal

[anantsaxena07]

well i think doing an mba now is one of the best things one can do...

btw there is a direct correlation between fall in job mkts and increase in education industry...i think i read somewhere..

[anteshk]

recession is no any such harsh effect on mba's moroever more qualified mba's will not suffer

[cptsolomon]

Many a case its not, but i feel basically a person attain management skill not only by bookish knowledge and many a time by experience on a particular sector.

[username123]

depends from where you do your mba and what you make out of it.