MBA: Is It Right For You?
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Watch this video very carefully before you make such an important decision to enroll in an MBA program.
Let me start with the punchline;
MBA… definitely, absolutely, without a doubt, 100% boosts your career. Whoever doubts this, is either incredibly incompetent or has a different agenda.
So your starting point shouldn’t be whether its valuable. Because it is. But your starting point should be whether its valuable enough that justifies your actual money and time investment, and the opportunity cost you create by not working for 2 years.
So, let’s find out if an MBA degree is right for you.
The way I see it, you gain 2 types of returns by having an MBA degree;
First one is that you learn. You obtain sort of a cohesive understanding of how business works. You learn everything from marketing to business strategy to corporate strategy to accounting.
And the second benefit is that You get an increased salary from your current employer. Or get a new job with a higher salary in a new organization.
So, let’s talk about them one by one. And see if they are really as beneficial as you may think.
By the way, I do have an MBA degree. In fact, it’s from one of the top 10 business schools in Europe, It’s Cass Business School of City University London. I graduated in I think 2012. I was 29 years old at the time.
My experience is a great case study for you because you’ll hear about not only the short term benefits but also long term benefits of the program. So, please pay attention.
Let’s first start with the Education.
Now, in an MBA degree you definitely learn a few things that you didn’t know before. But I certainly doubt you’ll learn enough to justify the investment. You will not learn anything that you can’t learn from books.
Do you want to learn strategy? Good go read Michael Porter’s books, wanna learn Marketing good go find experts in the field and read their books. Your professors will teach the same stuff just more filtered, condensed, and presented with slides and case studies. So, the value isn’t really in the knowledge.
MBA is too general for it. It may give you that cohesive business understanding but not specific enough so that you can develop strategies to win. MBA is like a milewide but inch deep. You’ll know about segmentation, positioning, fine.. but that’s just too high level. That’s not what is needed for majority of corporate professionals to win. Or for entrepreneurs. For example, you learn general marketing, like; positioning, segmentation in MBA, but in real world, what you need to know is the conversions, funnels, how to create funnels, marketing for specific platforms, digital A/B testing, SEO, PPC, you know... The knowledge you learn at MBA is really applicable to CMOs or CEOs of Fortune 100 companies. It’s not detailed enough.
And the other issue is the fact that the world of business is changing fster than their ability to update their curriculum. So, they are always lagging behind.
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Not just MBA, most course have become more of less irrelevant today. There is hardly anything that cannot be learnt from internet these days. People go for such cool courses just bcoz there is certain brand value attached to it. It's a filter for employers. When you say you've done MBA from a top college, employer assumes that you have a certain amount of talent within you that he need not spend time on checking while interviewing you. That's how it benefits.
@Dbf1339
6 жыл бұрын
rajeevrp well most jobs related to the degree require you to have the degree yes you may be able to learn it online but they don't care about that they want you to have the degree
@snay71
4 жыл бұрын
@@Dbf1339 which is fked up. I will NEVER care about people's degrees when I do my business.
@linkinparkrulz2275
4 жыл бұрын
You will earn more with an MBA even if it's not from a top college. A specialization helps more, e.g. IT, Finance, Strategy, Healthcare Median MBA at a b-school is going to be six figures with a few years experience.
@dr.brianjudedelimaphd743
4 жыл бұрын
rajeevrp agreed and well said
@linkinparkrulz2275
4 жыл бұрын
Nah, even b-school MBA grads earn in the six figure range.
The 2 views expressed in this video highlight the whole crux of MBAism. (1) MBA is not really needed for getting know-how: books and evening courses can do this. (2) MBA from 'top' institution puts a premium on the salaries of those having it. This hypocrisy is not unique to management jobs. Self-taught software engineers also feel the need to have some formal academic qualification to get senior positions in major companies like Microsoft, Google, Amazon, etc. I'd really like if you elaborated more on your first 4 months at PWC Consulting where you found out how little you really knew about real teamwork consulting - and especially how you coped and eventually thrived in this real intense working environment.
@evaburnz
4 жыл бұрын
I unreservedly agree with you and I also would really appreciate if @Deniz Sasal would elaborate on his initial phase of experience at PwC Consulting in which he experienced adversity that resulted in certain failures.
Very brave video. Thanks a lot. Whenever I see boys/ girls feel superior because of the degree they hold, I feel funny. Most of them do higher studies just to make more money. If they will know how much a small business owner makes, there mind will blow off. I strongly believe, being a businessman is an attitude one posses. He just get sharper with an MBA. At the same time, many new people get exposure to a new way of thinking and realize they are good in it, and they really become successful.
I definitely need a Mba that too from top 25 mba schools in the world. My salary is peanuts but my organization is world renowned.
I love this guy! he's damn inspiring and communicates really well.
I agree with everything you said...as an MBA student, I learned more in this program than my whole undergrad! I also made a video on why should people get an MBA, it is worth every penny and every minute.
I have the same concerns on when/whether i apply for a MBA. And this video give me some inspirations. Very useful.
Thank you for sharing this video,I think this video answers lots of my doubts regards to MBA.
Great advice/video...I work at a Fortune 500 company in NYC and you see the program name brand aspect play out consistently
thank you for sharing! I am currently looking into MBA education and this really helped!
Love the honesty, frankness and humility. Great content. Thanks
I love the honesty in this video, brand is everything! I've found that if you don't have the network to help you get into a "branded company" then you'll definitely need to have a strategy for branding yourself, through the school/company of your choosing. Deniz, I wish you were able to teach this to High School Seniors/Junior...
You have the best video on YT regarding MBA advice, honestly.
Wow you are absolutely right!!! Brand name does have some value .
WOW, thanks a LOT for sharing your story with us - very valuable information!
Thank you. I was talking to a Phd the other day about doing my MBA through a 'brand name' school. He explained it pretty much like you did. It never occured to me before that discussion and you confirmed it with this video. I was going to do my MBA through a less prestigious school because they cost less. I have now changed my mind and will apply at the best.
Great content as always... Very valuable information. Thank you very much.
Daniel, thank you, for real, you clarified my thoughts about doing or not an MBA.
I really love this video. No BS, just honesty. I love the lessons he learned
True so true . I have started implemented it to read certain books on what I wanted to do. Then I Will do some research on my field to understands the materials in my field is not really easy but i am trying hard to work on it. Your explanations is building my self cinfidence. Thanks a lot sir
Many thanks for sharing this. It helped me a lot. :)
Very transparent and humble of you to create this video. Only true winners can do that.
Finally, somebody stepped up and said it. Thank you!
Nice logic, excellent dissection of the topic, and good example. Appreciate it
Wonderful insight into MBA. The best thing is it gives very clear factors to come to a decisive point as to whether MBA is good for someone or not. Thanks for the video.
Your video was really helpful. Thank you for the great content. Peace
Thank you, sir, for this video very beneficial video looking forward to always learn from your good self.
Great advice, that’s the way to transmit experience
thank you for sharing your experience, you are awesome!
You actually made me understand why people go for MBA. Thanks a lot !
MBA has great writing and research skills for consulting. I work in real estate appraising and I cover all value aspects in my narrative reports.
This is so sooo soooooo insightful! Thanks so much for shaeing it.
Very enlightening. Thanks a lot.
Thanks a lot for sharing this man!
Employer incline towards the brand, bitter but true. I believe to go for MBA if it's from Ivy league university else consider other professional certification programs to have a career boast. Good to hear about your MBA story :)
Great video Sir.. Helps professionals make decisions..
Smart Talk Sir. Keep coming like this.
Your videos are so insightful
I was planning to take an MBA. After watching this video, it looks like I don't need it unless my employer is going to pay for my tuition. I am currently working in an F200 company after undergrad, the work experience can provide me greater value than the MBA unless it's top 25 in the US. This video is very helpful. Thank you! Brand name does mean everything.
My MBA was very easy (It took five months) and cheap (It cost $4,000). It's also an MBA in IT management, so I got one in a useful field. My only problem is getting started. With an MBA in IT I need to have some level of technical knowledge to find employment, so now I'm filling in knowledge gaps to get one of those six figure positions. Very happy I got it though, it's an immediate boost to my resume and I'm getting job offers for $70k starting out.
Brilliant video mate
Thanks for sharing your honest opinions
Hahaha... Deniz I like very much the part you said you spent almost all your money on cars and parties.. I am relieved coz I like party so much and I also want to be a successful professional like you. Guez I can still make it. I'm 28.
Great advice
Awesome info and honesty 👏
if you have 10+ experience and you learn your MBA on youtube you dont need to spend 3 years wasted in university
Thank you!! helped me a lot..
Thank you for sharing
Honest opinion is really rare, Tq
You can be awesome guide. Thanks a lot for your info..
I'm starting to watch your videos. This is really helpful. I'm from Philippines. 😊
Really understand what you said , going through something similar. Just wanted to know if you could help me get on the right road to my career
One of the best and perhaps the most honest (bitter truth) reviews of the MBA Degree. This video is a piece of art.
Love the honesty ❤️❤️
Hi , I have been watching you for last week. On this video of MBA, I have seen myself in the same situation. Doing job in local company and due to shrinkage , I had left . After that I have been searching for good company. But previous employer name somehow is creating a hurdle. Before watching your videos , what I have decided , I would do MBA from one of top 5 college and take a loan from NBFC. I am lost now in my career, as I think. I am currently doing a local job just to avoid being unemployed. This is the lose lose situation for me as again I am doing the same thing . And why I am saying to u ,don’t know. Well I will see your more program and then decide what should I do
Thanks so much!
Hi, Deniz! Watching your promo. Suggested connection at LinkedIn too.
Hi I am a cass business school student doing full time MBA. Great Video
I totally agree man ✌️
I like the analogy with football.
A lot of management positions in this area I've seen some good pay as well but what exactly would I do in these management positions? HR management, Finance management, general manager,
Wow !! Something brave and true.
Yes definitely I need it!!!!!
Great video.
Thank you 🙏
Great, thanks
I just finished my undergrad five months ago. I was an accounting major. I am studying for the CPA exam right now but after a ten-month stint in as a Public Accounting Auditor Internship. I decided I want to go back for an MBA. I want to become a community college business educator. A graduate degree is required. It's a Cal State University here in California, so it's not well known as other big universities, but it will do the job in regards to becoming a community college business educator.
Spot on!!
very informative.
Hey guys, in this video you'll find out if you need an MBA degree to progress in your career. I'll also point out a major mistake most people make when choosing a business school. Hope you enjoy!
Yeah you need experience its important for consulting.
much respect.
Great video! Thanks!! I still have some questions where can I connect with you?
8:55 sad but true
I stay in Michigan . I do have a while before I graduate with my MBA but I just wanna make sure I am going in the right direction with my future goals. I wish I knew how to research my name brand companies in my State. Any suggestions?
Reality is, you can learn everything yourself by reading books, online articles etc. However, most top jobs require you to have an MBA, because an MBA serves as a filter for employers (MBA signals talent, discipline and so forth). Unless you are the next Mark Zuckerberg, an MBA is a great investment
@linkinparkrulz2275
4 жыл бұрын
You don't really have to be a genius to earn an MBA but it shows you have an understanding of business and finance on the corporate level, so arguably that is why it's valued.
I like the content of the video, What about pattern to follow to increase my probabilities to land a job in PE firm
Hey Deniz, what would be the reaction of an interviewer when you are applying for joining MBA program and he asks you why MBA? I love each of your answers for clear, practical and honest thoughts. I also want to do an MBA majorly for Brand name and amazing networking opportunity. But I am always advised by others to provide suger-coated answers like how I got attracted towards MBA from some event at college or in previous jobs and how I want to learn the MBA subjects to know more. I personally feel that if any MBA college professors want such answer then he is stupid because all subject knowledge is available in online courses. But still in reality many interviewers expect answers just like this and mentors tell me to give them what they want to hear. So what do you think is real thinking of these interviewers? Your personal experience may help.
Do you have any suggestions for someone who already have a master degree in healthcare and currently a program manager (small company upState NY) but feels like needs some management experience and education to obtain bigger projects/jobs ? Do you think MBA will be beneficial to someone in healthcare ? Thanks
My MBA will be paid for, top 25 program, so I’ll just say that it’s going to be worth it :).
Hi sir, it was an amazing video but I need few suggestions for my career . I am currently having 2 yrs of experience in Capgemini as a System Engineer . Now wanted enhance my career so shall I go for a regular MBA or a corporate MBA. Also if I want to switch to a new company in a different skill is it gonna benefit my career?
I completely agree. Twenty four years ago, I had completed my first MBA from a C grade B School and l know how much to suffer. Big organisations hire from every possible background. Than the politics stars. Graduates with the matching background with immediate manager will alway be “The Star”. It is hard to breakthrough this cycle. It is not alway the knowledge that will give you a chance to stand. It is always the confirmation of what you know with your immediate manager. In a dirty word, it is your background what is the majority of your corporate performance. I can confirm this statement as I did my second MBA from a A grade B school last year. Now I can compare from both side of the river.
@contrastentertainment1749
4 жыл бұрын
Politics and favouritism is everywhere.
It was a great experience! How do I get answers to my questions!
Thanku thanku thanku so much... ahhh I will not do MBA... as experience is more important and brand name... so why to invest a lot of money... thanku ... m just 21 ... I just have BBA
In Jamaica the value is the MBA once it’s from a university outside the country. So I guess the point of making sure it’s top 100 would not apply.
@felicianothorpe8998
5 жыл бұрын
So true.
@lazhan2489
2 жыл бұрын
Agreed
It is not relevant nor is most degrees. Realistically after a few months you tend to forget everything you learnt..it hasn't helped me advance my carrier one bit.
@yhrfeyxm
4 жыл бұрын
@K W the way I see its only an entrance criteria to most jobs. In terms of advancing ones carrier I gisss it also depends on how experienced they are prior to doing an MBA..
An MBA is a qualification increase. That's it. It's the fact that the student is willing to put themselves through the time and financial commitment. And an MBA won't make someone talented. The degree has to match their career goals, capabilities, practical experience, and drive.
Really understand what you said, going through something similar. Could you help me get on the right road to my career? Currently remaining with a year on this road.
I am wondering, if there is a guy on the team who has, say, a PhD in some scientific subject not related to the topic at hand, but from a top-notch uni, would that be a plus, and big plus, or it won't matter at all?
Can you do one on ACCA OR MSC Finance..Because this has been affecting me a bit
Very nice
Thank You Sir
@DenizSasal
6 жыл бұрын
My pleasure.
do you think northern Arizona university is a good school for business if your just trying to get your foot in the door
Would you mind if I share your video on my LinkedIn account?
If I wanted to specialize in HR though I have a Bachelor's pharmacy degree & will take HR diploma too, so is it worth it to take MBA to specialize in HR and have better job opportunities in HR??
Hi Deniz, thanks for your video. Very insightful when considering pursuing an MBA. What’s your opinion about Online/Part-online MBA’s (Top schools only)? Thanks, Jordi
@DenizSasal
4 жыл бұрын
Not a fan of online schools. There'll be a time in the future when their brand name will be stronger and that brand name will mean something to employers but today is not that day.
Hi Deniz, Many thanks for your great videos. I am definitely a big fan of yours. I am 40 years old and I have 14 years of experience in oil and gas industry. I am planning to do a weekend MBA in Imperial College London. My ultimate goal is to work as a consultant in a consulting management firm in energy filed. Do you think I am too old for that?
@DenizSasal
5 жыл бұрын
I think you'll have significantly higher chances to join a management consulting firm as a Subject Matter Expert than say as a Director or a Partner.
I looked at jobs related to an MBA degree and then searched those jobs in my area they expected you to have an MBA or other top level college degrees related to business and they also wanted experience which actually seemed like the harder part because they all wanted experience
@ebonytoilesechandler7679
5 жыл бұрын
Yes I agree
@lediamonddozen
5 жыл бұрын
MBAs actually count as experience in the workplace. Or at least this is the case in Canada.
@DenizSasal
5 жыл бұрын
@@lediamonddozen No. They don't.
Same experiences here with an MBA and PhD from top tier universities.