A “Top MBA” in today’s world means the top 10 MBA schools. not 10%, not top 100.
On AF, we define it is only the Top 2 schools, or hacksaw time.
Could you please give me some advice :(?
I’m so depressed 
If the job market sucks, then just go somewhere sunny and chase tail. That’s what I do.
We don’t have any agreement on what those top schools actually ARE, but we’re very insistent about the hacksaw.
They’re both wrong. It’s simply Harvard…or hacksaw.
Haha, good stuff, Vicky!
Anybody remember Alessio Rastani? A “Leading Trader” indeed. I thought he disappeared from the face of this planet after the BBC debacle. Back then the Telegraph actually got him to admit that he is only an attention seeking and not a real trader. They also checked his accounts and found that after four years of trading his net assets were £10,048 - in the red. What do we learn from this? The British yellow press is scary.
Ok so I answered this question once and for all in another thread:
Q: Should I do the CFA?
A: Yes, if you have a job as a research analyst or a portfolion manageer. If not do claritas. Oh, and here’s a free hacksaw for you to cut your balls off with.
So what should I do if I can’t find any job?
I find your lack of faith disTURBing.
use a rusty hacksaw
Actually… getting an MBA may not be all that bad and if everything else fails, you can always work at an university right?
i don’t know how competitive it is, but it doesn’t seem like a lot of MBAs or people in business in general want to teach!
I’d say move to a more developed market in europe and try to get your foot in the door somewhere even if it’s entry level.
“Lots of people in business and MBAs want to teach; therefore you can always work at a university.”
Someone here missed out on the logic of supply and demand , not to mention barriers to entry.
Universities hire non-phd types for one of four reasons:
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they are celebrities of some sort that can get more students to apply and justify higher tuition rates.
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there is a credible promise that the person can and will help place students in good positions after graduation (I.e. significantly more than just “I’ll be happy to write a good reference letter.” - more like “I can get your best students fast-track interviews at Goldman or my wife’s hedge fund”)
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the topic is in demand, highly specialized, and/or one cannot find Ph.D. Qualified people to teach it.
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if it’s a lot cheaper than having a full time Ph.D doing the same thing.
You pretty much have to fit in one of these four categories to teach at a university unless you have a Ph.D.
^ Which means, not just anybody with an MBA gets to teach.
True, but it’s an option.
Definitely an option if you fit one of the four categories and happen to be near a university that is looking for exactly that. Make sure you don’t actually need to live on what you’ll be paid, though.
A lot of people teach part-time anyway, they have their own job/ consulting work on the side perhaps.
I mean, it’s not going to make you millions of dollars as a professor, that we know, but it’s not always the prime goal in life.
Yes, but you presented the university as “if everything else fails, you can always do that with an MBA.” You didn’t present it as “If teaching is what you really want to do, maybe you can find a university to pay you $3000 per course and string it together with some consulting from people I can’t think of and try and survive on that.” If you’re saying the latter, then I agree with you.
Well it’s kinda both, i am not sure how many people go into business schools for MBA aiming to become professors/ lecturers one day - my suspicion is probably very few?
MBA is a master program after all, and it opens doors for teaching positions in universities, whether you aim to do it as a childhood dream or you happen to come across the job postings and you have nothing better to do.
That’s all i’m saying…
Gosh, people on AF are so “technical”… perhaps this is why i don’t hang out with finance peeps after work! 