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Business MBA, Where's best to study MBA in Malaysia?

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dreamer101
post Aug 10 2009, 01:00 AM

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QUOTE(Xai-V-iaX @ Aug 9 2009, 05:48 PM)
HI, I'm in the midst of maturing in my career and have decided that the time is just right for me to get myself an MBA. After 2 years in a well-paid job, I am thinking of quitting to do an MBA. Obviously, it will be a big financial commitment, especially coming on top of my mortgage payments, but will it be worth it in the long run?

I already have an UK Engineering degree in hand but I've got an career path that I have planned which includes in me getting my MBA within 2-3 years after securing an steady job. I know hese kinda programs could be done via part-time, weekend classes or even online studies but I'm looking at concentrating 1 thing at a time and mixing both work & post-graduate sudies mite take an huge toll on myself.

Is it worth me quitting work to do an MBA?
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Xai-V-iaX,

1) How well-paid are you?? Above 10K per month??

2) How much more will you get paid if you have a MBA??

3) How much lost income for 2 years??

4) How much it costs to get a MBA??

5) How old are you?? Remember, you make the most money before 40. After 40, regardless of what you have (with or without MBA), you may not have a job??

Somehow, I have a FEELING That PMP is cheaper and better for an Engineer in Malaysia. The ROI (Return on Investment) is better. Most Engineer rise to the Project Manager and stop there.

The bottom line is do your ROI calculation.

Dreamer

P.S.: My gut feeling tell me that it is NOT worthwhile unless your company sponsor you. MBA is a dime a dozen now a day. With the collapse of financial industry, we can find plenty of unemployed MBAs.

This post has been edited by dreamer101: Aug 10 2009, 01:02 AM
dreamer101
post Aug 19 2009, 07:28 PM

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QUOTE(Xai-V-iaX @ Aug 10 2009, 10:58 AM)
Bro, I have already checked with my employer but the company has abolished the 'Sponsor' facilities for further studies...at such, my only option is self-financed.  hmm.gif

Added on August 10, 2009, 11:06 am

1) How well-paid are you?? not up to 5 figures but tolerable salary for an for an 2-3 years experienced Engineer...[/B].

2) How much more will you get paid if you have a MBA?? I'm not expecting a straight jump in my salary but my idea is that once I decide to leave my current job and take up a new job, I could actually demand higher with an MBA in hand....

3) How much lost income for 2 years?? Haven't tabulated that yet but am expecting stagnant payment in my expenses

4) How much it costs to get a MBA?? looking at 30k to 50k

5) How old are you?? Remember, you make the most money before 40. After 40, regardless of what you have (with or without MBA), you may not have a job?? 26[cool.gif
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Xai-V-iaX,

As a person with 20+ years of working experience, my gut answer to you is NO. It is NOT worth it.

You have ONLY 2 to 3 years working experience. You need at least 5 years working experience to supplement your MBA to make the difference.

As I said it, take PMP class.

Dreamer
dreamer101
post Sep 17 2009, 08:42 AM

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QUOTE(thefryingfox @ Sep 17 2009, 12:01 AM)
people here talking about roi etc dont know what they talking about

MBA is useful once u hit 30's. top executives all minimum MBA la. how they get is beside the point. The point is MBA is required for a manager's position especially days like today when u throw a stone and hit a stranger by luck, most probably he has a degree.
But i agree, if u are fresh, u are wasting ur time. Best to get it after 4-5 years of work experience. Im getting mine now. i dont want to be tied out with studies when im married lol!

so its simple, if u want to do it, do it! dont think why or how..coz one day, when ur boss is comparing you to another for a promotion, guess who's gonna get it..the one with mba...but offcourse u must have a good name and good worker la. haha
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thefryingfox,

<<people here talking about roi etc dont know what they talking about>>

<<The point is MBA is required for a manager's position >>

<<Im getting mine now. >>

So, the BOTTOM LINE is very simple. You DO NOT KNOW what you are talking about either.

You have not get your MBA. You do not know whether it will help you to get a manager position. You ASSUME that it will help.

Now, after you get your MBA and you ACTUALLY get a manager position because of that, then, you can SAY you know what you are talking about.

Dreamer
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