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Johns Hopkins IPO MBA
[#permalink]
11 Dec 2018, 14:13
I consider Johns Hopkins Carey an "IPO MBA."
1. The brand is there. JHU is known as an elite school. 2. Because it's accredited but not ranked, it's easy-ish to get into relative to other schools with a similar "brand value" reputation. 3. It is slowly but surely poaching professors from other top schools. And it has the money to do so.
JHU Carey may never be a top 10 MBA program. It may never even be top-20. But it doesn't have to. Unless you want to work on Wall Street, most employers aren't going to take the time to look up the arbitrary US News rankings. If you went to a good undergrad, and have a JHU MBA, they'll assume you're intelligent enough to warrant an interview.
If you -do- want to work on Wall Street, JHU's MBA may not be as highly regarded -- but it certainly won't preclude the possibility. It's not like you're graduating from Northwest Podunk State University's MBA program. You might have to work a bit harder in the interview, and you might not be offered a job at every place you apply to, but JHU's brand is still highly regarded enough that again, it won't hurt your job prospects. It may not help you though like Harvard or Stanford or Chicago, etc, but nobody will laugh you out the door with a JHU degree -- even on Wall Street.
If you want to do marketing for McDonald's or something, or finance for a smaller fund in Philly or Los Angeles, a JHU MBA is more than sufficient.
But here's the thing: JHU has a lot more potential to move up in the rankings than more established programs that are treading water in the 15-30 range. I can easily see JHU leapfrogging many of those schools in the next 10 years or so. It'll probably never be top 10, but somewhere in the 10-20 range is certainly a possibility.
And getting in now is much easier than getting into any of the 10-20 ranked schools today.
Buy low, sell high. That's what JHU Carey offers.
Archived Carey Discussion
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Re: Johns Hopkins IPO MBA
[#permalink]
11 Dec 2018, 15:32
LoudFarter wrote:
But here's the thing: JHU has a lot more potential to move up in the rankings than more established programs that are treading water in the 15-30 range. I can easily see JHU leapfrogging many of those schools in the next 10 years or so. It'll probably never be top 10, but somewhere in the 10-20 range is certainly a possibility.
This is not a unique sentiment; people have been thinking this since Carey was established in 2007. It has been over 10 years (and almost two since being accredited) and it remains unranked. I'm not holding my breath.
I agree that your average person (I think you're underestimating the number of employers who are generally aware of b-school rankings) will have heard of Johns Hopkins while not knowing that Carey is uncompetitive but I don't think that's a good reason to attend. You're essentially saying, "I want to mislead people who are not savvy into thinking that I have an elite degree and hope that those who are savvy will have a neutral view of my degree". Why not make an effort to attend the best school you can instead scheming for a pseudo-backdoor?
Re: Johns Hopkins IPO MBA
[#permalink]
17 Dec 2018, 15:35
Prices wrote:
LoudFarter wrote:
But here's the thing: JHU has a lot more potential to move up in the rankings than more established programs that are treading water in the 15-30 range. I can easily see JHU leapfrogging many of those schools in the next 10 years or so. It'll probably never be top 10, but somewhere in the 10-20 range is certainly a possibility.
This is not a unique sentiment; people have been thinking this since Carey was established in 2007. It has been over 10 years (and almost two since being accredited) and it remains unranked. I'm not holding my breath.
I agree that your average person (I think you're underestimating the number of employers who are generally aware of b-school rankings) will have heard of Johns Hopkins while not knowing that Carey is uncompetitive but I don't think that's a good reason to attend. You're essentially saying, "I want to mislead people who are not savvy into thinking that I have an elite degree and hope that those who are savvy will have a neutral view of my degree". Why not make an effort to attend the best school you can instead scheming for a pseudo-backdoor?
All valid points. Here's my response.
1. JHU Carey has only been accredited for two years -- in the grand scheme of things, this is when the ticking clock for ranking should begin. Everything up until accreditation is irrelevant because it couldn't be ranked. But I think it's a sure thing that JHU is ranked eventually -- the question becomes where will it be ranked initially and what moves will it makes to improve its reputation?
2. Intention not to "trick" people -- but notwithstanding Wall Street jobs, I don't think employers put much rank on MBA rankings. Would a marketing firm in Orlando really distinguish between, say, Indiana University (ranked) and JHU (unranked)? I'm not so sure that it makes much of a difference. As far as online programs go, JHU looks appealing. Executive MBA programs require a major time commitment -- and many other online schools lack the brand name of JHU.
My two cents, but I think in 5-10 years JHU will be a top 25 school. In 20 years it could easily be top 10 if it's able to poach professors from other, highly ranked schools.