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Atlantic Xpat Sep 28th 2009 11:57 pm

Re: Phd in....
 

Originally Posted by Souvy (Post 7974389)
No you won't.
I do take issue with kids doing MBAs. The idea of an MBA is to take people with work experience and make them more rounded. The folk I know that have done best on the programme are all engineers, usually with a decade or more of experience. Irks that buy into an MBA programme straight after getting a BA have nothing to build on. I think they learn little of value, because they can't apply the theory to real life. They still expect to get paid lots, though.

If I ruled the world, nobody under 30 would be allowed to do an MBA.

Couldn't agree more. I'm currently two years into an MBA at Memorial (Canada's lowest cost MBA) and am one of the oldest in my class at 41. There are a number of bright young things who have come directly from a BA or BComm. and they have little to contribute to the class discussions other "than what they have read in books". Sadly, Business Schools are, well, businesses and will do what they have to do to fill places.

What is more frustrating at times is having infinitely more real world business experience than a number of the lecturers.......;)

dollface Sep 29th 2009 12:08 am

Re: Phd in....
 

Originally Posted by Souvy (Post 7974389)
No you won't.

I'm sure Queens is a fine university.

I do take issue with kids doing MBAs. The idea of an MBA is to take people with work experience and make them more rounded. The folk I know that have done best on the programme are all engineers, usually with a decade or more of experience. Irks that buy into an MBA programme straight after getting a BA have nothing to build on. I think they learn little of value, because they can't apply the theory to real life. They still expect to get paid lots, though.

If I ruled the world, nobody under 30 would be allowed to do an MBA.

:eek:Totally agree with you.

Souvy Sep 29th 2009 12:49 am

Re: Phd in....
 

Originally Posted by Atlantic Xpat (Post 7974402)
What is more frustrating at times is having infinitely more real world business experience than a number of the lecturers.......;)

There is a lot of that about. I used to work for a large engineering consultancy. The guy basically in charge of steel industry projects (which were usually very big projects) had never, ever, worked directly in the steel industry. That boggled.

Come to think of it, an ex-boss of mine got an MBA from Cranfield and was very proud of the fact. I once asked him if he'd done his exams but multiple-choice tests. The man could barely write his own name.

iaink Sep 29th 2009 1:26 am

Re: Phd in....
 

Originally Posted by Souvy (Post 7974389)
The folk I know that have done best on the programme are all engineers, usually with a decade or more of experience.

Good lord, after ten years in engineering they can afford to do an MBA!:confused:;)

Souvy Sep 29th 2009 1:32 am

Re: Phd in....
 

Originally Posted by iaink (Post 7974637)
Good lord, after ten years in engineering they can afford to do an MBA!:confused:;)

After ten years in engineering, it's a miracle they can spell "MBA".

I have a theory that all engineers are closet Germans.

iaink Sep 29th 2009 1:35 am

Re: Phd in....
 

Originally Posted by Souvy (Post 7974662)

I have a theory that all engineers are closet Germans.

Das is nicht zutreffend!

http://anaximandrake.blogspirit.com/...angelove.2.png

Souvy Sep 29th 2009 1:37 am

Re: Phd in....
 

Originally Posted by iaink (Post 7974676)

Rule 16.

dollface Sep 29th 2009 1:40 am

Re: Phd in....
 

Originally Posted by Souvy (Post 7974662)
After ten years in engineering, it's a miracle they can spell "MBA".

I have a theory that all engineers are closet Germans.

Wrong - Major generalisation - my cousin has a degree in mechanical engineering and is a millionaire several times over. Perhaps right place right time helped, but he is extremely smart, sought after and made VP of oil/natural gas exploration/production in US and the Gulf of Mexico with an oil company before taking very early retirement. Then he made even more money when he was begged to come out of retirement and consultant.

iaink Sep 29th 2009 1:46 am

Re: Phd in....
 

Originally Posted by dollface (Post 7974694)
Wrong - Major generalisation - my cousin has a degree in mechanical engineering and is a millionaire several times over. Perhaps right place right time helped, but he is extremely smart, sought after and made VP of oil/natural gas exploration/production in US and the Gulf of Mexico with an oil company before taking very early retirement. Then he made even more money when he was begged to come out of retirement and consultant.

Sense of humour failure I expect. If he's a millionaire, then he probably has no need for an MBA as he seems to be doing something right...


My sister in law has a degree in chemical engineering and is doing very nicely thank you.


Of course, she works as a chartered accountant, but started off with a MEng from Imperial...

The trick to weath as an engineer is I suspect figuring how to turn that experience into running your own business rather than solving problems on the payroll for someone else.

el_richo Sep 29th 2009 1:47 am

Re: Phd in....
 

Originally Posted by dollface (Post 7974694)
Wrong - Major generalisation - my cousin has a degree in mechanical engineering and is a millionaire several times over. Perhaps right place right time helped, but he is extremely smart, sought after and made VP of oil/natural gas exploration/production in US and the Gulf of Mexico with an oil company before taking very early retirement. Then he made even more money when he was begged to come out of retirement and consultant.

My brother in law has the same qualification and couldn't even boil a kettle. Doesn't help having a helicopter parent wiping his bum for him mind you.

Individuals are just that, no matter what their theory qualifications or wherever they obtained them.

iaink Sep 29th 2009 1:50 am

Re: Phd in....
 

Originally Posted by Souvy (Post 7974684)
Rule 16.

Nazi:p

dollface Sep 29th 2009 1:52 am

Re: Phd in....
 

Originally Posted by iaink (Post 7974713)
Sense of humour failure I expect. If he's a millionaire, then he probably has no need for an MBA as he seems to be doing something right...


My sister in law has a degree in chemical engineering and is doing very nicely thank you.


Of course, she works as a chartered accountant, but started off with a MEng from Imperial...

The trick to weath as an engineer is I suspect figuring how to turn that experience into running your own business rather than solving problems on the payroll for someone else.

Yep, he never needed an MBA. He has only been consulting (1 company only as a client) for the last year. He will retire (or attempt to) next year. First time he retired his gift to himself was a red Porsche 911 Carerra, with all the trimmings. Not bad for a bloke who graduated from a small Uni in California. Paid for by himself, from a blue collar background, where money was tight.

dollface Sep 29th 2009 1:53 am

Re: Phd in....
 

Originally Posted by iaink (Post 7974725)
Nazi:p

Whose on your avi? looks like Malcolm McLaren:lol:

iaink Sep 29th 2009 2:09 am

Re: Phd in....
 

Originally Posted by dollface (Post 7974738)
Whose on your avi? looks like Malcolm McLaren:lol:

Peter Sellers, in one of his more famous roles:rolleyes:

dollface Sep 29th 2009 2:11 am

Re: Phd in....
 

Originally Posted by iaink (Post 7974798)
Peter Sellers, in one of his more famous roles:rolleyes:

pic is so small, I couldn't tell:o


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