So my DMs have been flooded with questions. For example; “Don, Don, has your experience improved? Have you found the value you were looking for? Have you learned anything that you can take away? Did your career get a shot of nitrous oxide? Did you get a yuge salary bump? Have you added any heavy hitters to your professional network? Have the models and bottles made their way into your life in a significant way?” The list goes on.
I’m truly sorry for having kept all of you on the edge of your seats for so long. I wanted to finish the program and really provide a full and accurate review. Here it is.
No. No to all. If you’ve taken a CFA exam, you know more than you’ll learn in an MBA program. This of course applies to Finance and Accounting classes, with everything in between being fluff that you forget about almost instantly.
“But what about networking, Don? Surely there are others in the program that are looking to cash fat checks?”
Sorry. I’m going to go with a hot take and say that they’ll let anyone in and push them all the way through. Below is a direct quote from one of the program’s best and brightest minds.
“The objective of passive investing is to gradually generate income over time. This can also be identified as the buy and hold method. The complete opposite of an active portfolio where an investor would be looking to make profit off of numerous trades of stocks, instead of holding onto safe investments. There may not be instant growth or always consistent growth %’s, however over the long-run, it is more likely than not that the portfolio will see gains. This is due to the type of investments that are made. The growth may not be as large as an active account making constant trades, but these buy and hold investments are much more safe and reliable.”
So there it is. Overall, I’m glad I did it, if only so I can die without wondering if anything would have been different if I had gotten an MBA.
On a more serious note, I really just wanted to put this out there for anyone thinking about pursuing an MBA. Maybe I’m overly cynical. Maybe the experience is different at a top 10 school, I don’t know. I’d say if your job is going to pay for it, knock yourself out. Otherwise the NPV of the time and money spent is deeply negative.