kalopsia wrote:
Thank you all for sharing your insights. I will reply to the above posts at a later time. Just stopped by to reply to riverripper's latest post - having interned with a bunch of GSB, Kellogg and HBS 2nd years, one HR TA Manager noticed that I seemed to "know" more than them..This is something I felt too (hehe pardon my snobby attitude here) - considering my bookish nature of reading tons of journals every day, keeping myself up-to-date with whatever that's going on in my domain + quality research work. [\self-boasting off] Yes, I'm personally counting on good GMAT scores and stories.
Right - this has to be taken as just straight talking kaloposia. I am sure you are smart and everything. Being smart really doesn't count for **** at business school. Everyone is pretty smart, and some of them are the most charming people you will ever meet.
The point is - why do you want to go to school now, rather than later? The price isn't going to change, and if you are as smart as you sell, you will have a good career. The point you don't get as an undergrad is that a huge amount of the jobs you think sound great now, turn out to suck balls. You don't know that yet, but when you learn that you get a feel for what you want from a job, where you like to be challenged, things you absolutely hate... summer internships don't give you that. A taste, yes, and an idea, but little else (it is enough to get an idea if you think you could do it for a while or hate it).
Being in a job for about four years should be pre-requisite for my mind, unless you are completely on an entrepreneurial track. The bitterness and twisted nature of having worked through some pretty terrible nonsense, experienced extreme bureaucracy, whistle blown on a boss who was concealing important data - it gives you a tale, it gives you clarity on what you want to do, it gives you a way to contribute in class.
You can get a business school degree without opening a book. You can get a distinction that way in fact. It isn't academia, which I fear you are mistaking it for. It is a highly tailored course of classes that are directly work-place appropriate. No deriving Black Scholes from first principles, no great detail on Ito's lemma unless you want to do it on your own (and you won't have time).
I enjoyed it a lot, and I found it really valuable. But I am also kind of annoyed that I didn't do a PhD (we may be back on this one again, long time followers - met with an MIT HF guy today and chatted about it, he got my bug going).
An MBA isn't about knowing anything, it is about applying everything. And context of understanding for that learning is huge, as is bringing experiences to the table.
And that is *real* experience - internship tales don't cut it so much as out of 400-800 people, they have years of nonsense to talk about. You will probably feel really left out as an undergrad as people discuss corporate structure and how it leads to antipathy through excessive restructure, how a silo system sucks, but a basket-weave matrix system sucks even more. The point is you should enjoy school, and you enjoy it through being able to contribute and being able to really relate to where the learning is. Outside of that framework (and I ignore technical finance courses here - if you want those, do an MFE anyway) there are very few classes, and a lot of chance you won't pick up on the real stuff you should get.
I have a list of about ten or twenty things that I didn't have make sense, but know they will in about 15 years time in my career, and I have seven years experience with a lot of different roles. I can only imagine how big that list could be without the reference I have.
Sorry if this seems like I am raining on your parade - I really feel we are doing you an enormous favor if we convince you to wait at least three years. Maybe more, given you are already heading toward serial academia.