Hello to all MBA holders,

I would like to do a survey, because I plan to take MBA part time course.

Please provide proper reply.

1) What MBA you have taken ? Local Uni or Oversea Uni or local twinning?
2) Any job promotion or salary increment (how much %) after completing your MBA?
3) What field you are working? Can u briefly describe about your job?
4) Is MBA relevant to your job function?
5) What is your salary range now?

Thank you.

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Added on January 4, 2009, 4:15 pmAdded another one question:
1) What MBA you have taken ? Local Uni or Oversea Uni or local twinning?
2) Any job promotion or salary increment (how much %) after completing your MBA?
3) What field you are working? Can u briefly describe about your job?
4) Is MBA relevant to your job function?
5) What is your salary range now?
6) How many years of working experince before you started your MBA course?

This post has been edited by pokai: Jan 4 2009, 04:15 PM

FT have a ranking on MBA salary increase, most get about 100% increment, dont know if applicable to malaysia, because no malaysian school made the list

http://rankings.ft.com/businessschoolranki...al-mba-rankings

This post has been edited by robertngo: Jan 4 2009, 06:42 PM

Most local companies pay only for the position, and not the qualification. Even with MNCs in Malaysia you will rarely get the huge post-MBA increments that Americans and Europeans get.

Most full time MBA graduates from the top schools are recruited straight after graduation so they're not getting a pay increase from the same company. The money is pre-MBA pay in company #1 vs. post-MBA pay in company #2 so you see a big difference. I work for a European MNC and even though they'll pay for an MBA they won't give you a pay increase, however more positions are open to you because of the additional qualifications but even then you don't get anywhere close to 100% pay increment.

if not mistaken, my current company pay additional RM300 if you have MBA...

Extra 300 per month for the RM 120,000 course (assuming an Aussie MBA- not even talking UK). Anyone care to calculate the breakeven point? Before or after retirement?

This post has been edited by kaiserwulf: Jan 4 2009, 10:47 PM

That's why it's foolish to spend that much on studies hoping to get the same in return.

Not in Malaysia and wrong timing.

By the way for an MBA any tom d$ck and harry can get it with money.

and in Malaysia many employers who are locally educated will think that your degree is on par as theirs.So be prepared.You won't get the upper hand.They'll think that graduating from local U will be a feat because people say local U are hard to get in which is wrong concept because they don't have any idea that the quality of education for local standards are sub par.

If you've got an foreign MBA, why not try your luck overseas?
NOT IN Malaysia.

I work in a MNC and my boss who's local graduate use to tell me how great his degree was because local Unis are hard to get in.That is in "Malaysia".My foreign boss who's based in HQ don't see it that way duh.

Lesson? Malaysia sucks and jealous lots do not appreciate you.They see you as a contender and the only way you unsurp them is by going global.

This post has been edited by thechetticompany: Jan 4 2009, 11:47 PM

In Malaysia, an MBA is equal no matter you take it from oversea or locally.
A very good example you can see is degree.. Does oversea degree grad get a better pay compare to local degree grad here?
Most probably they are getting the same pay or slightly better (maybe a few hundred if lucky).

Even if you have a degree or MBA or even phd from oversea won't matter much here..

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Added on January 4, 2009, 11:56 pmi do agree that oversea education is much better compare to malaysia.. but the fact remains that degree/MBA/etc is just a paper certification..
it may be the jumpstart of your career, but nothin more than that.. Most of the time, what you learn in U is not the same in working life..

This post has been edited by shadow111: Jan 4 2009, 11:56 PM

Perhaps this is one of the big causes of brain drain?
That's why I have friends graduated overseas come back Malaysia rather get posted to countries like Thailand and Singapore to work in MNCs.There they are more appreciated and paid accordingly to their qualifications.

Over here our gahmen insists that certain percentage of staffs in MNCs must be of local grads, those people who work there think that they are no difference than you and summore think they should be getting better pay.

The local grads can't demand this when they are applying for jobs in Singapore, HK elsewhere but the opposite(sell themselves lower) because their local degrees are not recognised there instead.

This post has been edited by thechetticompany: Jan 5 2009, 12:43 AM

Yeah, I plan to get my MBA after 3 years working experience. My friend from a wealthy family has started MBA with an Aussie uni and a look at their course materials and how they run the program left me very impressed.

HR wise in Msia it may be ranked the same: for local and foreign MBA. Quality wise and amount of things learned, you can know who comes out far ahead.

If you have extra $$$ to spare, then go ahead to study MBA
If you want to gain extra knowledge, then go ahead to study MBA
If you're thinking of getting extra huge pay with MBA, then better think twice... LOL ... ahem...unless you go for Phd...

I'm going on the assumption that TS isn't graduating from Harvard or Insead or MBS

But in any case I still stand by my statement that even if you do have an MBA, most Malaysian companies won't specifically give you a higher pay scale/range just because of it. The first company I worked for had MBA people doing officer-level stuff at rm2k+ per month.

what you say is true.. tht's why many professional prefer to work oversea rather than working back here...
i do have few frens who study in Australia and get the PR there..

Insead is overrated lah but not harvard

Any MBA holders that earns less than 12k per month should consider for another job immediately. I believe they do study about it before back in the University, paying a large sum of money for education fee to a low income pay is definitely a no-no deal.

this is Malaysia, people pay 100k+ for a Degree education but come bank get RM 2000+ salary and the employer still think they are too demanding for high salary.

For MBA education oversea i will say go for the top school in FT ranking if you want good education and good pay for the money you pay. If you want to stay in Malaysia it will likely be money down the drain. go for the cheapest one.

This post has been edited by robertngo: Jan 5 2009, 12:20 PM

MBA won't bring alot of increment as mention by fellow Forumers, they pay for position not qualification, getting a job where MBA might be required, might get you your required salary number else. no..position is what counts

Break even point for 120k at extra 300/month? Are you kidding me ?
MBA is a long term investment, you might can't see its value when you're in junior post. But when you're climbing to the Managerial post, MBA tag will give you a good lift.
Extra 300/month is not forever, you've gained up working experice, the MBA qualification in your resume definitely will grant you better 'demand power'

My friend a MBA holder, able to get senior exec. post in a top local bank after he grad. Which might took a degree holder 1-2 year+ to reach there.

This post has been edited by yehlai: Jan 5 2009, 01:23 PM

LOL.. i dun think u can get 12k pay per month even if u have phd... it's too exaggerating to demand 12k even if u have an MBA from oversea...

Except for knowledge, no point to spend a huge sum of money for MBA.
If u do plan to work oversea, choose a top rank (if u qualified) MBA.
A local MBA is mostly for a better promotion opportunity..or for past time. Also for gaining knowledge.