I could use an outside opinion

Ok, I am in a bit of a quandry and could use some opinions. I am trying to establish a solid educational resume to back up my experience.

History:
-BBA in Marketing/Finance from Central Arkansas (I know, a no-name school)
-7 years experience in Retail Operations and Supply Chain
-6 years military experience (4 years in Reserves, now on AD for 2 years); most experience in Project Management, Operations Mangement, and now working in contracting for construction contracts (will have some serious international experience with this after the next year in Africa....will be DAIWA Level 1 Contracting certified and DAIWA Level 1 Acquisitions certified soon)
-Currently working on Masters in Project Management, but considering chaning to a Logistics degree (being paid for by the Army and actually vital to career growth here)
-Considering moving into Acquisitions as well

Now, what I am wanting to do is:
-earn the best MBA that I can
-bolster it with another Masters to help increase brand recognition on my resume which may set me aside from other MBAs

The trick is:
-due to my military service, this MUST be able to be completed online. Residencies may not pose a HUGE problem, but can be challengin based on what is going on

MBAs I am considering:
-Pepperdine
-Temple
-Northeastern
-Indiana
-Purdue
-Syracuse
-Florida
-Washington State
-Penn State
-Maryland
-Auburn

-Any that I should consider that I am not?

Now the larger part of the quandry: What specialized Masters to consider:
-MSF (Northeastern, Georgetown)
-Financial Engineering (Stevens, USC)
-Data/Analytics (Berkeley, Northwestern, NC State)
-Energy Management (Tulsa)

I would say that AM and Consulting seem the most interesting if I were to make a jump from the military (or should I say, when I make the jump). I can see also being someone who work in Finance or Quant as well. I would like to leverage my experience and have the education to make a solid jump without being too far behind the curve.

Also, I am not against a career in NYC, but would prefer a smaller market or somewhere that is a bit more family friendly. Chicago would not be bad due to proximity to family, but would not mind something West Cost, South, etc. I currently live in Orange County, NY and find that NYC life is ok, but the outlying areas (which are more family friendly) are not quite my pace.

I am just looking for advice. Those that are close to me would tell me to get a degree from a state school nearby and try to into a career near home (Arkansas/Oklahoma area) . I have higher aspirations than that, but do want to try to find a good work-life balance. I am now seeing how school name can really impact a career. My no-name undergraduate has provided no favors outside of checking the box for employers. The quality of education was there, but the name did not help. I started off in a no-name MBA and I found it almost remedial. I want a challenge and I want a degree that will not be a simple check-box degree.

I appreciate anyone's advice here. I am still working through the process and starting to narrow my focus.

 

Why would you go to any of those programs? Study for the GMAT, do well and leverage your military experience to get into a real MBA program. Something in the top 25. Graduating from any of those programs will not help you get a job in either AM or consulting.

“Elections are a futures market for stolen property”
 

There are a few reasons: -The Army is picking up the bill, so I have a cap of tuition -By the time I can actually matriculate at a top 25 program, I will be almost 40 and my family would not be able to take the loss in income. -I will move at least once during the duration of the program due to a new duty assignment.

Basically, I have to make due with what I can do via online or distance learning. I know that Carnegie Mellon and Brown have options, but the residencies may be a bit too extensive for my schedule compared to other programs. Hofstra's program may look worthwhile after finding it.

Yut!
 

Carnegie Mellon has a very good online MBA program if that is what you are looking for. I would just caution you that in an online program, you lose many of the benefits of a full time program (networking, internship etc..). It is not a total death knell for a career in consulting, but may be for AM. You may be able to leverage the military experience to catch on with a Booz Allen Hamilton or the like.

Good luck!

 

Not sure why you're asking this question on this forum. This is a forum for high finance. I don't see how your career is progressing toward high finance. So the ability for people who frequent this forum to guide you is limited.

In any event, I'd consider an executive MBA that you fly into or drive to once a month. Georgetown and UNC are both quality programs with that type of offering. I think Maryland has the same thing. UNC even has its executive MBA located in the D.C. area (Leesburg, VA)--I get the impression that you're based out of the greater DC area based on the schools you're considering.

Remember that master's degrees come with diminishing marginal returns. Getting 3 master's degrees is probably not going to get you to where you want to be. You need to figure out what you want to do and the specific steps to get there--a game plan.

 

first, thank you for your service

it sounds to me like you're not quite sure what you want, MSF + MBA doesn't make a whole lot of sense. the MSF is usually used to round out a finance education for non targets/non finance majors who want to break into ib/ER/am, and MBA is usually left for career switchers or people on a senior management path. you sound like you want this for the knowledge and the resume clout.

my question to you is: what's the end goal? do you want to move upward? do you want to switch industries? if so, to what (this will drive the MBA decision)? or are you doing this purely for academic reasons? I think if you want to move up, you're overweighting the impact of a degree, I mean you have 13 years of management experience, that's plenty. if you want to switch industries post Army, I'd say it really depends on the industry, but I can see a MBA making some sense there. I agree with other posters that Kenan Flagler is a good program.

I will also say that I'd hesitate to dive into a MBA without a clear goal of what industry you want. if you want to do consulting, logistics, operations, strategy, or even marketing, I think you could possibly break in without a MBA.I doubt McKinsey will want you sans MBA, but given your experience, I doubt you'd have a hard time getting some sort of good job. the difference will be if you want to go into finance, in which case you'll need a MBA or MSF, but probably not both.

if you want this for purely academic reasons, I'd stop. if you want this knowledge but don't need it to switch industries/move up, you can do all sorts of things, from coursera to non-degree courses at a local university to just reading a lot.

tldr: your experience likely speaks for itself in 90% of the business related jobs out there. I'd only get another degree if you want to switch to something where your skills aren't relevant (like finance or accounting). I would not get a degree if this is purely to improve your educational profile, rather than to get you into a better job.

 

What do you want to do? That's the first question you need to ask yourself. The possible career choices you listed for your self are wildly different all require vastly different backgrounds and education.

I will be frank about your options so you don't waste your time on something that has little to no chance of success Finance (high finance) - Very difficult with out analyst experience which will be very hard to get given your age and previous experience Quant - Unless you have a very in depth knowledge of programming, computer science, and algorithmic learning I would just scratch this. The field is very small, insanely competitive and your experiences are likely to be better leveraged in something else. Energy Management - This seems to fit best with your life experiences, with a construction background you should be able to leverage your way into an energy focused construction position.

Now I do not know your specific knowledge and I could be completely wrong in my assessment but, you have to look at the realities of the situation. It makes little to no sense to spend 4 or more years getting an MBA or other advanced degree focusing on a career path that will be extremely difficult to break into given your current life experiences. Not going to say it is impossible, but it will be damn difficult.

Follow the shit your fellow monkeys say @shitWSOsays Life is hard, it's even harder when you're stupid - John Wayne
 

Do NOT do an online MBA program, take your time and go through a full time top 20 program. The whole reason for an MBA is the recruiting and networking, not the paper you get in the mail. I don't understand why you would do a masters and an MBA. After you get into some of the top 20 programs then you should weigh which school is the best fit for you geographically, financially and feeds into whichever career you want. You need to figure out what you want to do. Stacking credentials without a clear direction isn't a smart move.

 
Best Response

Autem dolor ducimus quibusdam error tempora. Est vero accusamus error at. Fugiat nesciunt necessitatibus dolore et assumenda sapiente ab et. Maiores possimus qui itaque quas quod. Fuga voluptas sit eos tempore sit quo.

Temporibus qui corporis sapiente ut eaque ullam. Voluptas enim est perspiciatis quis enim. Laudantium aut non deleniti et.

Recusandae facere sapiente vitae accusamus corporis nisi sunt consequatur. Molestiae vero et a perferendis qui dolores atque. Perferendis earum enim maxime vel consequuntur modi accusantium.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (13) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”