Johns Hopkins MBA program...
Worth the money or complete waste? I get the feeling that not even Johns Hopkins name can carry the degree through. Am I wrong?
Worth the money or complete waste? I get the feeling that not even Johns Hopkins name can carry the degree through. Am I wrong?
Career Resources
well?
they ahve an MBA program? i thought it was a medical school...
Johns Hopkins MBA.... (Originally Posted: 02/20/2008)
Carey School of Business? I have heard that some firms were sending their employees to attend this program. How is it viwed by firms overall though?
Well what are your goals post MBA? If you want to be a big swinging dick at Goldman then you will probably be wasting your time. BUT if you have realistic goals then an MBA at Johns Hopkins will certainly help you.
Nobody can give you a useful answer unless you give us some more info about where youve been and where you want to go with your career. Anybody who tells you flat out that Johns Hopkins is worth it or a waste is making an uninformed generalization. If you want an intelligent answer make an intelligent question.
It's a new program. It's probably comparable to what Oxford and Cambridge have been doing. Fairly new business programs that are mostly trading off the overall prestige of the institution.
-------- Right now this is a job. If I advance any higher in this company, then this would be my career. And um... Well, if this were my career, I'd have to throw myself in front of a train.
because I have been researching B-schools for over a year now and have NEVER heard of the Johns Hopkins MBA. I thought it's a medical school???
I suppose it's better than no MBA, or MBA from university of Phoenix online. I'd say go if it's free and takes only 1 year, otherwise not worth it.
I know the school is mainly known for its medical and science programs but regardless of that fact and the one about its B-school being fairly new to the game, is this program still a sound investment?
Now an Oxford or Cambridge MBA would sound nice regardless of the fact that they're new to the market but does the weight of a prestigious school carry a new MBA program?
I would say no, not yet. I would wait until the program develops further.
Even if you want to stay in DC area there are many better options like Georgetown, MD, GW....
I have to agree with n. Also something to think about - one of the advantages of attending MBA programs with (relatively) long history is the power of alumni connection, esp. when you are searching for jobs. Now that's something you should definitely think about!
Ive just started the Hopkins MBA and MA (Government) programme. I chose Hopkins based on the same process I would use to make a regular business decision - to seek out added value.
Hopkins' MBA programme is new and thus unaccredited and unranked; it has applied for the requisite accreditation to coincide with the launch of the new full-time MBA. If you look at the world university rankings and the Business school rankings there is a direct correlation between schools positions (those that have a business school that is); Hopkins is currently ranked 13th as an institution; it also has a world class IR (SAIS) and Med Programme. The programme is also on the largest recruitment drive in US business school history and has been gifted vast sums from both Mr Carey, alumni and received vast investment for JHU itself (JHU currently has a $1bn endowment fund).
Its not hard to see that there is huge potential here, and whist there is obviously some risk involved it investing in an unfinished article, risk and reward go hand in hand. Before starting the programme I was a fund manager in London for 6 years and an officer in the British Army for 2; I got 660 in the GMAT (which I think is about average on the course...)
No doubt Hopkins has the financial resources and all round prestige to build a top notch program- the location on the NE corridor, close links to SAIS and the medical school, internship possibilities in DC/suburbs, etc.
But even if JHU has an excellent research faculty now and a good bunch of students, it will take a generation to establish an alumni network to rival Sloan or Chicago GSB or Kellogg, etc... UCSD is in the same situation, launching an MBA program a couple years ago.
So if you don't have a finance or accounting background, or want to do a joint degree, Hopkins could be a great choice. If you want a NY finance job- which was really tough to get for all MBAs this year, it's probably easier to recruit from another school with stronger corporate contacts.
Personally I don't the whole risk/reward scenario really applies here. There is a lot more to a MBA program then the quality of education you receive. Maybe you will get a solid education because JH isn't going to hire some bush-league professors but the value of a MBA program relies heavily on its ability to get top employers on campus to recruit and having a vast network of alumni. That stuff, especially the latter just takes time to do.
I agree in some respects that internships/jobs won't fall into your lap as they have historically at more established programmes. But in the current cliamate its niave to expect an alumnus to walk you into a challenging and rewarding job. I agree that Hopkins may not get you a first interview automatically at GS, but I dont believe that any Business school could promise that in the current market.
To put it bluntly, if your good enough it doesn't really matter where you go to business school - A name can help open doors, and will buy you some credibility initially. But when thinking about Hopkins you need to remember, it is still one of the finest universities in the world and boasts 3 economics nobel laureates. The alumni support the new business school whole heartedly and they vary from Michael Bloomberg to the CEO's of IBM and Safeway to Tim Gietner among countless others ..... The teaching faculty are world class (this term Ive had classes from a senior director at the IMF on international economic markets with Hank Paulson guest lecturing...).
Going back to the hiring issue; if you go to Hopkins you will have to work at getting a job and you wont be spoon-fed, but they are there. A masters degree from Hopkins will mark you out as intellectually superior to the vast majority of applicants and certianly on a par with the best minds in the country - you will just have to work a little harder at opening doors yourself. As a point of reference, Ive managed to secure internships at the World Bank, the European Delegation to the US, Deutsche Bank in London and a small Hedge Fund in Monaco off the back of the programme. (Internships are different to jobs I realise!)
Great feedback. I am going through the due diligence process now and have heard spoken with two recently graduates of the MSF program at Hopkins. They also mentioned much of what has been said on this forum; recruiters don't visit often to the school, the school is some-what helpful about helping you attain a job, program is new, BUT they also mentioned that they noticed that the Hopkins degree (though new) holds weight when in an interview, the school will provide a few contacts and being in a big city helps to land internships / jobs, several recent graduates placed at at firms such as Deutsche Bank.
Hope this helps.
Hello, did you do the MBA at JHU? Im currently considering Flexible MBA there. I wish the best luck.
7 years ago...
I just completed my first year in the FlexMBA program at Johns Hopkins. I have taken classes online and onsite - hopefully my experience can provide some insight!
I will say that I had many reservations about enrolling in the program after I was accepted to Carey (young b-school, unranked, etc) However, I quickly learned my reservations were unwarranted, and here's why:
The faculty at Carey is incredible. They have scored some amazing professors and many are from top ranked b-schools, including Wharton. The Dean, Bernard Ferrari, retired from McKinsey as a director (not a bad person to have leading a b-school considering the clout McKinsey carries). Over the past year, I have seen many positive changes being implemented to become a competitive, ranked b-school.
The classes are challenging and the grading scale is more competitive than most schools, but I fully support a strict grading scale and a more competitive environment if it means rankings. I'm not sure if this matters to you, but Carey does ingrain their mission "business with humanity in mind" into the coursework. You will be exposed to some really interesting classes that will challenge your perspectives on business's role in society.
Ultimately, I chose Carey for these reasons: overall reputation of the institution, their non-traditional perspective on business, the concentrations offered, the flexibility of the program, and the opportunity to be part of something from the ground level. I chose Carey, not for what it will be in the future, but for what it is today.
Hopkins is currently ranked globally at #10. Yes, Carey is the underdog b-school when compared to the world-ranked institutions on par with Hopkins (i.e., Columbia, Princeton, Yale) but it won't be that way for long. For reference, I was also accepted to local programs at U of I Urbana-Champaign and Northwestern, and I'm not disappointed with the decision I made. I won't graduate with a mountain of debt and I will still have an impressive institution on my resume. At Carey, they will teach you that businesses can do good for society and make a profit - a piece of advice this world needs.
I hope this helped - best of luck with your decision!
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