Klocking out

ee8384 said:
I don't get the distinction you are making here. I completed an EMBA program and the curriculum was exactly the same as the MBA program at that University.
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I doubt it
Even if you did, you did it in much less time and that means less depth of coverage

Also the claim that they are "somewhat more expensive" is a joke; they are often 3-4x as expensive bc the company you work for pays for it usually. Its basically a networking session with superficial topic coverage imo
 
BuzzCzar said:
I doubt it
Even if you did, you did it in much less time and that means less depth of coverage

Also the claim that they are "somewhat more expensive" is a joke; they are often 3-4x as expensive bc the company you work for pays for it usually. Its basically a networking session with superficial topic coverage imo
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Wrong. Two years plus summer internship. Same classes, same amount of classroom hours. Same degree.

Here's an example: http://www.kenan-flagler.unc.edu/programs/emba/weekend-mba.aspx
 
The M-Train said:
M.S. Finance grads don't make nearly as much, either. Vanderbilt MBAs (Owens) average a total comp of $158,430 for their first year out of business school, while Vanderbilt M.S. Finance grads average $68,137. That's an enormous difference that will only grow throughout the span of a career.
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they report total? as in not base salary? Google says Vanderbilt MBA grads average about $100k base. About Tech's MBA.

Stanford's fwiw:
"Salaries are up among the most recent MBA graduates of Stanford Graduate School of Business. The average base has risen to an unprecedented $133,406, compared to $129,618 last year."
https://www.gsb.stanford.edu/newsroom/school-news/salaries-among-stanford-mba-class-2015
 
ee8384 said:
I don't get the distinction you are making here. I completed an EMBA program and the curriculum was exactly the same as the MBA program at that University.
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The original quote was something like "if you have 5 years of experience, you can do an EMBA." My point was that it's usually more like 10-12 years of experience to be accepted into an EMBA program.

Kenan Flagler's EMBA is not typical then, most are not like the standard MBA in terms of curriculum.

ee8384 said:
Wrong. Two years plus summer internship. Same classes, same amount of classroom hours. Same degree.

Here's an example: http://www.kenan-flagler.unc.edu/programs/emba/weekend-mba.aspx
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Are you sure you're not just talking about the Weekend MBA? EMBAs don't have an internship.

cyptomcat said:
they report total? as in not base salary? Google says Vanderbilt MBA grads average about $100k base. About Tech's MBA.

Stanford's fwiw:
"Salaries are up among the most recent MBA graduates of Stanford Graduate School of Business. The average base has risen to an unprecedented $133,406, compared to $129,618 last year."
https://www.gsb.stanford.edu/newsroom/school-news/salaries-among-stanford-mba-class-2015
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Vandy MBA base was $110k. Stanford GSB median total pay was $202,750, or about $44k more than Vandy, but you have to factor in that most of those grads are staying on the West Coast, with a much higher cost of living. $158k in Nashville or Atlanta is way better than $202k in SFO / LA / Seattle. You also have to factor in that Stanford is generally held to be #1/2 in the world and Vandy is not even top 25 in a lot of lists. It was just the first prestigious MBA program I found that also offered an MS Finance degree that had salary info.

My point was that an MS in Finance is not equivalent to an MBA, and is not looked at by companies that way either.
 
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The M-Train said:
The original quote was something like "if you have 5 years of experience, you can do an EMBA." My point was that it's usually more like 10-12 years of experience to be accepted into an EMBA program.

Kenan Flagler's EMBA is not typical then, most are not like the standard MBA in terms of curriculum.

Are you sure you're not just talking about the Weekend MBA? EMBAs don't have an internship.

Vandy MBA base was $110k. Stanford GSB median total pay was $202,750, or about $44k more than Vandy, but you have to factor in that most of those grads are staying on the West Coast, with a much higher cost of living. $158k in Nashville or Atlanta is way better than $202k in SFO / LA / Seattle. You also have to factor in that Stanford is generally held to be #1/2 in the world and Vandy is not even top 25 in a lot of lists. It was just the first prestigious MBA program I found that also offered an MS Finance degree that had salary info.

My point was that an MS in Finance is not equivalent to an MBA, and is not looked at by companies that way either.
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I don't know how pervasive a Full EMBA offering (MBA equivalent) is across the country. The one I did had two options: 2 year "weekend" or 3 years "night". The internship was a two-week international project. 50 total credit hours - 4 x 12 hour semesters + 2 for the international project. My diploma says MBA, not EMBA. I'm aware there are lighter-weight EMBA programs that are as you described primarily for advancement in your own company.

Agree on the Finance vs. MBA degree but would like to see Wharton MS Finance vs. MBA starting salaries. Does it vary that much if both programs are prestigious within a University? I don't know what the reputation of Vandy's Finance program is.
 
ee8384 said:
I don't know how pervasive a Full EMBA offering (MBA equivalent) is across the country. The one I did had two options: 2 year "weekend" or 3 years "night". The internship was a two-week international project. 50 total credit hours - 4 x 12 hour semesters + 2 for the international project. My diploma says MBA, not EMBA. I'm aware there are lighter-weight EMBA programs that are as you described primarily for advancement in your own company.

Agree on the Finance vs. MBA degree but would like to see Wharton MS Finance vs. MBA starting salaries. Does it vary that much if both programs are prestigious within a University? I don't know what the reputation of Vandy's Finance program is.
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When I hear "internship", I think of a 2-3 month internship between the traditional 2 years of classes in an MBA, hence the confusion. Pretty much all top 20-30 EMBAs award a diploma that says MBA, as far as I know. Generally an EMBA is just a more specialized degree than the standard MBA, as most graduates are further into their careers and thus less likely to change industries.

Vandy's Finance program is actually ranked 3rd in the country (behind MIT and Princeton, which doesn't offer an MBA program) according to TFE Times. Wharton doesn't actually offer an MS Finance, only PhD or MBA.

Back on topic, I think we will miss Klock on the O line next year. Consistency between years on O/D line does seem to help us somewhat ('15 notwithstanding).
 
Lots to tackle in here - first, an EMBA is usually less class time than an MBA because it's assumed that as an executive, you've had exposure to base business concepts and can accelerate through the core classes. However, some schools - including Tech - offer it as a consolation prize to people who can't get into the MBA program.

As far as an MSF vs. MBA, they're different and have different entry criteria. But the most desirable employers of MBAs (McKinsey, Bain, BCG, Goldman Sachs, Google, Apple, etc) have a first cut based on college. Degree from Harvard? In. Degree from UGA? Out. Once they cut from there, they look at major and other factors. What this means is that an MSF from a first tier school (say, Columbia) is better than an MBA from a second tier program.

Why are MSF salaries so different than MBA? Because many MSF students are straight from undergraduate and are seeking entry level positions. But that doesn't mean that a person with ~5 years of experience will see a salary difference.

Top 10, Top 20.... same argument essentially. And it's not for everyone. If you're happy in your job and your job gives an automatic bonus for a master's degree, then good for you to go to UoPhoenix. Nursing and Education careers are notorious for this "any degree" promotion/raise structure.
 
gtphd said:
As far as an MSF vs. MBA, they're different and have different entry criteria. But the most desirable employers of MBAs (McKinsey, Bain, BCG, Goldman Sachs, Google, Apple, etc) have a first cut based on college. Degree from Harvard? In. Degree from UGA? Out. Once they cut from there, they look at major and other factors. What this means is that an MSF from a first tier school (say, Columbia) is better than an MBA from a second tier program.

Why are MSF salaries so different than MBA? Because many MSF students are straight from undergraduate and are seeking entry level positions. But that doesn't mean that a person with ~5 years of experience will see a salary difference.
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You can keep saying it over and over, but that doesn't make it any more true. Top I banking or consulting companies don't hire MS Finance grads to post-MBA Associate / Consultant positions. MSF is going to put you (at best) into a 2nd level analyst / junior consultant role, and you will likely be stuck on the analytical track vs. the management track if you're in banking.

There aren't "cuts based on college" for these roles, these companies come directly to certain B schools to recruit. For post-undergrad hiring that isn't directly targeted at specific schools, that sort of cut may exist. Recruiting happens on campus during year 1 of the MBA and most companies have per-school or per-region quota for internships, then the majority of those interns get full time offers.

They are totally different degrees for totally different paths.
 
Do keep in mind, when comparing MSF and MBA avg salaries, what the base experience going in was. In my experience, MSFs are guys straight from their bsf, whereas MBAs are after 5 years of work exp.
 
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