CCMBA wrote:
lb2015 wrote:
Sounds like you're reasonably competitive for top 20 schools with good execution. Why not aim high?
An MBA is typically going to be stronger than an MA if you are interested in consulting, and will open doors more broadly if you decide to do something else.
An interesting point: Yale SOM changed the name of its degree from an MPPM (masters of public and private management) to MBA purely for the marketibility several years back. The format of the program didn't substantially change--Yale SOM was and still is a business school, albeit one that places major emphasis on social impact leadership--but they realized that an MBA was, as you say it, the standard that people recognized.
Regardless of the academic experience, an MBA as a degree just has more clout than an MA in the business world.
Hi lb2015,
Thanks for your response. So is it worth it to wait till I'm more competitive for top 10 MBA? I'm looking for greater depth of education in my industry, so is a masters better for now?
Tough for me to judge—do you feel ready for an MBA yet? The reality is that five years of work experience is plenty (I only had two when I applied), but if you think that another year or two would really help you get the depth of experience you’re looking for, it’s fine to wait. Keep in mind that the average years of work experience at most top MBA programs is about 4-6, so you’re right in the range now.
In most cases, you will NOT be more competitive for a top MBA with a masters degree, particularly if you did it at the expense of getting more work experience (i.e. if you did your masters full-time). Keep in mind that you will need work supervisors to write your MBA recommendations, and preferably a current manager. So an MBA will actually be more of an uphill battle if you are out of work pursuing said masters.
If you’re still set on an MA, by all means do it, but you might consider a part-time or evening program so you can continue to work full-time.