krussell wrote:
I think an MBA and a Law Degree are in the same category as neither guarantees you a job, but get you that much closer. Are you sure you're into an MBA-type career, because I assume that with both the law degree and the MBA combined, you'll fall assback into debt.
Hult seems like a cool place, but I always wondered about its merit. They recruit. A lot. Plus, they're expensive in every way. On top of the 54K tuition, there's the flights to Shanghai and Dubai, the room and board, and the touristy stuff you'll wanna do while there.
I think as long as you graduate with an MBA from a decent school, a job isn't out of reach. Everyone needs to start somewhere, and at least an MBA shows you're committed to business since you'll live like a starving student after being out of school for awhile. But it sounds like you're already second guessing the value of the degree, and you certainly don't want to make the same mistake (in your eyes) as before.
Krussel,
Thanks for your reply. This was such a thoughtful and well-reasoned response, and was actually quite helpful. Yeah, Hult seems to be lacking a bit in name recognition... They are new but they do seem to be quite up and coming... They seem to be putting a lot of money into the program (SF campus opens this fall, so they'll have five total campuses now). And the 1-year thing is nice. But yeah, it's quite a bit of money, and I'm guessing they don't have quite the job placement/internship options that some older schools do. Pretty expensive too I guess. Tulane is quite ridiculous in this regard... something like 100k of debt after two years.
You're right that I'm second-guessing the MBA a lot. I would like to have the MBA after my name, but I feel like I've already learned half of what they're going to teach through law education/practice, other entrepreneurial experiences, and self study on accounting and finance... Unfortunately, though, employers want to see the degree, it appears.
Your question about debt is well on point, though... That's the thing, I managed to get through law school with zero debt. I had a full ride at Tennessee, which was ranked something like 51st at the time, while my other option, Tulane, was giving me nothing, and was ranked around 47th. Sometimes I regret not getting the name brand, now that I know more how shallow employers are in that regard, but at least I have zero debt, and this has probably made life different, at least. An MBA would mean a lot of debt, very fast.
Maybe I should just sell tacos, from a taco truck.