What Is an MBA Degree? (What You Learn & WHY Employers HIRE MBA Grads!)

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  • Опубликовано: 26 сен 2024
  • What is an MBA degree? More importantly, what exactly do you learn in an MBA program and why do employers seek out MBA graduates?
    In this video, I'll explain what you learn in an MBA (Masters in Business Administration) program and how it can make you more competitive in the job market.
    An MBA is NOT a guarantee of any future career advancement or salary - it is entirely up to you in how you network, explore opportunities, and market yourself. An MBA, however, gives you a BETTER chance of doing exactly that.
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Комментарии • 637

  • @RichardWalls
    @RichardWalls  3 года назад +36

    🙌🙌🙌QUESTION: What do you think of the MBA degree and do you think its as valuable today as it was 10 - 20+ years ago? If you have one, did it meet your expectations as far as giving you the tools and credentials to advance your career? Leave a comment down below! 👇👇👇

    • @rebeccaramirez-
      @rebeccaramirez- 3 года назад +7

      I believe its even more valuable then 20-30 years ago. I dont have my MBA yet. Im on the first pages of my MBA i found your channel when i made my final quality decision to continue on my journey earning my business degrees. After looking at many mba videos i found your's to be more no non-sence information bases and explaination. Because of that i decided to subscribe to your channel. Please dont change the content im finding it very helpful to my journey

    • @zechariahm.s8576
      @zechariahm.s8576 3 года назад +1

      @@rebeccaramirez- all the best to you

    • @wellsincewerehere773
      @wellsincewerehere773 2 года назад +3

      I believe the MBA is now the standard as I see bachelors going the way of high school diploma. 20 years ago an AA was all that was required. Bachelors was standard and masters were way fewer than today. I see doctorates increasing in fields of STEM becoming more valuable for big tech

    • @faithizehi2790
      @faithizehi2790 2 года назад

      Hi Richard
      Can someone with a third class get an MBA

    • @lllow7931
      @lllow7931 11 месяцев назад

      ​@@faithizehi2790hi there, I recently signed up for an MBA. From my experience, they require a 2.5 and above. I got in with a second lower class, supplemented by my stronger results in the A Levels/ SACE.
      However, I read about another condition where they let people above the age of 30 enter with some years of working experience.

  • @o.h.w.6638
    @o.h.w.6638 2 года назад +410

    Doing my MBA now. It’s SO incredible just wish I did it earlier in my career! I’m loving everything about it. So much respect for MBA grads. It’s TOUGH.

    • @RichardWalls
      @RichardWalls  2 года назад +22

      Congrats on making that happen! Which one did you go with?

    • @SimpleAbundance
      @SimpleAbundance 2 года назад +18

      Working on my general mba program. I haven't taken classes in ten years. Just finished my first class and it was pretty difficult lol, MBA 3060 Managerial Accounting 😅

    • @ganeshasam6686
      @ganeshasam6686 2 года назад +1

      @@RichardWalls As a BSC IT Student.. from India, what subject should I go with?

    • @vdaesshopping7244
      @vdaesshopping7244 2 года назад +1

      Is MBA equals to a Bsc ?

    • @ganeshasam6686
      @ganeshasam6686 2 года назад +6

      @@vdaesshopping7244 howw..
      MBA is matsers degree while BSC is bachelor degree 👍

  • @jolheels21
    @jolheels21 2 года назад +117

    MBA is definitely worth it. The connections I've made (professors, class, alumni), to doors opened for job make it one of the most transformative experiences in my life.

    • @RichardWalls
      @RichardWalls  2 года назад +5

      That's fantastic to hear - congrats!

    • @kvin9210
      @kvin9210 2 года назад +1

      Yep

    • @kvin9210
      @kvin9210 2 года назад

      Where did you go by the way?

    • @jolheels21
      @jolheels21 2 года назад +1

      @@kvin9210 I went to Duke Fuqua

    • @FactNight
      @FactNight Год назад

      From which college did you complete your mba?

  • @romnickmontemayor7464
    @romnickmontemayor7464 3 года назад +301

    MBA is very worth it, and you will learn so many things. I will be graduating by October 2021 as MBA. Thank God!

    • @RichardWalls
      @RichardWalls  3 года назад +18

      Home stretch! Good luck finishing it out!

    • @shannonconner9850
      @shannonconner9850 3 года назад +10

      I will be as well with a double concentration in healthcare and Financial management. Its been a trip but hopefully one that will pay off!

    • @wickmantaylor6366
      @wickmantaylor6366 3 года назад +1

      Congrats bro

    • @hanahodzic177
      @hanahodzic177 3 года назад +11

      I enrolled MBA today and I'm starting in October 2021. So excited!!

    • @RichardWalls
      @RichardWalls  3 года назад +4

      @@hanahodzic177 congrats & good luck!

  • @RocJr357
    @RocJr357 2 года назад +129

    MBAs are making a resurgence with the older generation retiring. I also found one of the most important classes you will take is organizational behavior. The ability to understand and work with people in organizations

    • @RichardWalls
      @RichardWalls  2 года назад +1

      Agreed - very important!

    • @CeeDub_91
      @CeeDub_91 2 года назад +3

      I’ve just completed my MBA - Leadership degree and it has already brought a lot of value to my career due to taking classes regarding organizational development

    • @jfen1494
      @jfen1494 2 года назад +1

      @@CeeDub_91 good stuff

  • @SlametNurhadi
    @SlametNurhadi 3 года назад +191

    I am 42 and now taking MBA because it's needed when we are in management level. My college background is mechanical engineering. Hopefully I can graduate in 2022. And also, taking MBA will open our network widely. Thanks Richard for the explanation...

    • @RichardWalls
      @RichardWalls  3 года назад +12

      Thanks for the comment, Slamet - great to hear and good luck finishing your MBA!

    • @AmericanEnglishConversations
      @AmericanEnglishConversations 3 года назад +1

      Richard Walls - Career Dev & Can you share with me PowerPoint presentations or PDF of the content of the subjects that you saudíes in the MBA? Please, I would give my e mail, i just want to study more

    • @BigRonJ77
      @BigRonJ77 2 года назад +12

      Engineering and MBA is the best combination, you’ll do great things!

    • @jonathanhabtegiorgis6010
      @jonathanhabtegiorgis6010 2 года назад +1

      do you have a LinkedIn? I'd love to connect and ask you about your experience. I'm getting my bachelors in electrical and computer engineer, and I'm thinking about getting my MBA as well

    • @yavuzselimdemir1829
      @yavuzselimdemir1829 Год назад

      Thank you. I have the same background and thinking about bce I want to go from just Engineering to Management

  • @jonathantinsman4439
    @jonathantinsman4439 2 года назад +51

    I completed my MBA at UCLA in 2021 with a specialization in Technology Management. My undergraduate is in Computer Science and my goals align towards Director of Technology and later CIO or CTO. I loved the program at UCLA and made a lot of great connections, but most of all, I learned a lot. Much of what I learned in my courses I was able to turn around and immediately apply it to my position at the time. Very tough coursework for sure, but the benefits are worth it. I took on a new position early last year and asked my boss if my MBA played a factor in my hiring (I wanted to know my ROI) and he said that it was a factor in why they offered me the position.

    • @RichardWalls
      @RichardWalls  2 года назад +4

      Hi Jonathan - that's fantastic! Congrats on completing the MBA and the new role! Always great to hear stories like that, especially for folks watching this video that are considering an MBA.

    • @shashankn4895
      @shashankn4895 2 года назад

      are u from a CS background?

    • @kvin9210
      @kvin9210 2 года назад

      Congratulations on your MBA. UCLA is a very great school.

  • @brandonjuarez2457
    @brandonjuarez2457 Год назад +3

    You realize that you expanded the words incentives matter into:”every decision a company makes or that a team within a company does so with a specific outcome in mind 😮

  • @Liliana5353
    @Liliana5353 3 года назад +88

    I’m currently in a fast paced one year MBA program at a AACSB accredited institution. So far, my experience has been positive and I see value in each class. My advise for people looking at the degree is to do your research on the different programs out there and understand the time commitment that will be required. I’d say that if you’re willing to put in the time and effort that is required, an MBA might be for you, but if you think it’s an easy way out, save your money and do something else.

    • @RichardWalls
      @RichardWalls  3 года назад +8

      Thanks for the comment, Lily! And complete agree about the time commitment and the fact that it's not just an "easy button" to press for career advancement.

    • @marksalotsalot
      @marksalotsalot 2 года назад +3

      *advice
      *an AACSB

    • @markraymundcastro2713
      @markraymundcastro2713 2 года назад +2

      What's your school?

    • @elizaleke8373
      @elizaleke8373 2 года назад

      @@marksalotsalot accreditation for business schools

    • @knutlundstromsvahnqvist423
      @knutlundstromsvahnqvist423 2 года назад

      Hi, ultimately I am looking to get my MBA, but I am only an undergraduate. For your undergrade, how important did you find your major? As a undergrad I will earn a BSA, but wondering how important the actual major was

  • @wealthautomations
    @wealthautomations 2 года назад +41

    I definitely recommend an MBA it’ll help you in the long run once you get that experience! For the entrepreneurs out there it helps as well imo depending on much you want to scale. I own a small assisted living facility and a lot of lenders I talk to say an applicant with an mba in healthcare immensely increases their chances of funding.

    • @RichardWalls
      @RichardWalls  2 года назад +3

      Hi James - thank you for the comment! And really interesting point on your specific case where the MBA in healthcare helped w/ funding. There are probably more examples of this in other fields.

    • @bengertzz
      @bengertzz 2 года назад

      How do you start a assisted living facility? I’m a cna and thinking about going to school for business related course and maybe create my own business.

  • @d.l.9453
    @d.l.9453 2 года назад +7

    I got my MBA, and from a well respected school too, but I would caution everyone who thinks it is the Golden Ticket. No matter how good it is to have an MBA--and it's a good thing to have, don't get me wrong--nothing, but NOTHING trumps applicable experience in the job market! Those who tend to benefit the most from earning an MBA are generally those working there way up in their current organization or industry or those who can leverage a new MBA to get into the consulting field, where newly minted MBAs tend to make good money and learn highly coveted experience.
    Food for thought.

  • @JG-Photography9590
    @JG-Photography9590 5 месяцев назад +2

    This is very helpful. I am about to start the MBA program with emphasis in Healthcare Administration in a few months. I have a nursing background and my goal is to get up the ladder of the healthcare organization I am in. I am a bit nervous and excited because all my life I have my emergency nursing background but on the side I am an entrepreneur and I mostly have basic accounting, marketing and finance knowledge. Thanks for this video!

  • @noore5090
    @noore5090 3 года назад +61

    I’ve worked at agencies in digital marketing where we’ve said NO to graduates with MBAs, even from some of the best Ivy League schools. Reason why was, they didn’t have the knowledge to actually do the technical work needed. That’s definitely a reason why I didn’t want to get my MBA, cause I saw it as not necessary. But, it wasn’t until about 5 years where, I’ve realized that an MBA will allow me to learn more about management and to communicate better to the C-Suite. An MBA to me, is worth it, if you have a foundation to build off of, and your MBA can support it. Having a BA and MBA with no experience... equals to no success -> just entry level work. *** Side note... a BA can lead you to become an executive/VP/C-suite employee over time if you learn that stuff/are-trained at the workplace.

    • @RichardWalls
      @RichardWalls  3 года назад +9

      Thanks for the perspective, Noor! Agreed!

    • @doniyorsaidov7824
      @doniyorsaidov7824 2 года назад

      Hi Noor E i read your comment. Can you advice me what major i should choose for masters degree. Im interested in marketing but i studied water resources management for undergraduate. I have no knowledge about marketing. What should i do whether i choose marketing or mba marketing. Actually even i dont know what is the difference between them

    • @FactNight
      @FactNight Год назад

      Where are you from noore❓

    • @ImbuwaImbuwa
      @ImbuwaImbuwa 17 дней назад

      In my case I have studied Agriculture -Animal Science Major. I worked for an NGO and rose through ranks to Branch Manager but it so happened that I couldn't see eye to eye with the new CEO and COO I decided to resign after 5years of experience in Microfinance. Now am in a different field but I feel I need to do a business program and am thinking of Project management, Business Management or Business Administration. Advise

  • @rosalynchandler3114
    @rosalynchandler3114 3 года назад +62

    This was so helpful, Thank you so much !. I have an interview this week for Medical School and I am going for my MD and MBA. This was a great video for me to get my thoughts aligned and to prepare for when they ask me why I want both degrees.

    • @RichardWalls
      @RichardWalls  3 года назад +4

      Thanks for the kind comment, Rosalyn! Glad you found it useful, and best of luck on your interview!

  • @MONEYANDTIME
    @MONEYANDTIME 3 года назад +14

    Very comprehensive review of MBA shared. Thanks.

  • @kyleighparker2743
    @kyleighparker2743 2 года назад +9

    I’m getting my MBA with an accelerated program. It definitely was the best decision I ever made.

    • @RichardWalls
      @RichardWalls  2 года назад +2

      Thanks for the comment Kyleigh! What does your career path look like? What do you plan to do w/ the MBA after earning it?

    • @aleesap8944
      @aleesap8944 2 года назад +2

      Hi Kyleigh! What school are you attending? I am in the process of searching for programs.

  • @thomasaquinas5262
    @thomasaquinas5262 3 года назад +12

    My proudest achievement in school was getting an MBA. That does not imbue you with 1,000 of winning ideas for business success. Quite the contrary, it kind of squelches ideas...BUT it saves you a fortune, too. All the mistakes that naïve people make, such as poor investments, poor 'advisory services' paid for, useless goodwill purchases...we avoid all of that and keep ourselves upright and in the black. The MBA gives you your own counsel, just short of an attorney or a CPA, so you can count on someone trustworthy, i.e. you...

  • @sebomitregiet.9507
    @sebomitregiet.9507 2 года назад +7

    I'm currently a business administration student and this video give the reasons why I need to study MBA degree in the future.

    • @RichardWalls
      @RichardWalls  2 года назад +2

      Hi Regie - glad this video helps!

  • @awturbosp
    @awturbosp 3 года назад +16

    Great video. I received my MBA in 2017 and am now going back for an MS in Business because of a cost opportunity and the fact that you get 2 grad certs during it. A video comparing an MBA to an MS in Business would be interesting.

    • @RichardWalls
      @RichardWalls  3 года назад +12

      Thanks for the comment! Worth a look, although I don't know how beneficial it would be to get an MS in Business, particularly when an MBA degree has quite a bit more recognition and is a degree that doesn't require explanation to employers.

    • @awturbosp
      @awturbosp 3 года назад +2

      @@RichardWalls you’re right, so I guess it’s not worth an in depth comparison. I wouldn’t be getting the MS if it weren’t for the large discount and the 2 grad certs.

    • @uniqwiab8679
      @uniqwiab8679 2 года назад

      Why not just go for data certifications?

    • @papaaddo6270
      @papaaddo6270 2 года назад +1

      @@RichardWalls Richard great video. I’m a bit late to the video but I hope you see my comment and give me an answer. I’m a medical doctor and own a real estate business. I’m thinking of applying to university to study MBA. Do you think it will be beneficial or you will recommend another course all together????
      In your video you focused a lot on people looking for jobs.

  • @mr.j3371
    @mr.j3371 2 года назад +21

    I'm getting my MBA from my state school, OSU, and I like what you said about adding a specialization to stand out among other MBA candidates. I was thinking along the same lines and decided that I am getting a concentration in marketing analytics as well.

    • @RichardWalls
      @RichardWalls  2 года назад +3

      Hi Gladson - marketing analytics is a great choice! And also your school just beat my Longhorns over the weekend. Our football team is in a...challenged place, to say the least. 😆 Best of luck in the program!

    • @jandrex007
      @jandrex007 2 года назад +2

      Hhahaha the joker with MBA corporate slaves are every where now

    • @mr.j3371
      @mr.j3371 2 года назад

      @@jandrex007 😉

    • @bloop8051
      @bloop8051 Год назад +1

      I thought about doing the concentration in marketing, but since I currently work in finance, I don’t think they will honor the tuition reimbursement program at work. So I might keep it general and choose one or two electives from marketing.

    • @mr.j3371
      @mr.j3371 Год назад +1

      @@bloop8051 you can still do the concentration. An mba is broad in business knowledge so you could pick up the concentration, just don’t tell management that you focused in that speciality 😉

  • @Anna-qo2tr
    @Anna-qo2tr 2 года назад +19

    Thank you, very informative content. I have just graduated with 4.0 from one of Louisiana’s Universities. I also have an Associate degree in Accounting, but now leaning towards data science. I appreciate the information you have provided, particularly, on one of Louisiana’s programs.

    • @RichardWalls
      @RichardWalls  2 года назад +3

      Thanks Anna! Glad you found it useful! Congrats on graduating with such a strong GPA! 🙂

  • @AngdendiSherpa
    @AngdendiSherpa 3 года назад +11

    I completed my MBA program in 2020. It was a great experience to meet new people who have a luxurious background. I work now as a senior accountant but have no use of MBA experience so far.

    • @RichardWalls
      @RichardWalls  2 года назад +2

      Good to hear! At minimum, the MBA will always be there - never know when it could come in handy in the future.

    • @AngdendiSherpa
      @AngdendiSherpa 2 года назад

      @@RichardWalls Thank you.

    • @FactNight
      @FactNight Год назад

      Hey bro i want to do RUclips as my full time job & later start a business but I'm really confused should I do mba or not? Should I give my 2 yrs & huge some of the money on mba Or not! Or should I focus on my 2 RUclips channels? What are your thoughts?

    • @wuJuu31
      @wuJuu31 3 месяца назад

      ​@@AngdendiSherpawhat is your situation now?

  • @mrmrjims3865
    @mrmrjims3865 2 года назад +3

    The best is to join Mckinsey when you just graduate with a BSc, they will pay a full MBA if you agree to come back to work for them a few more years, and knowing that you worked for McKinsey it's pretty much guaranteed to be admitted to Harvard, Standford, Kellog, Berkley, Georgetown, etc.

    • @RichardWalls
      @RichardWalls  2 года назад +1

      That's a good path if you can get into McKinsey and have them pay for an MBA!

  • @xuyongsg
    @xuyongsg 2 года назад +1

    Accounting, Finance, Marketing, SC, Process Management, Organziation, Leadership

  • @TheWealthPrince
    @TheWealthPrince 3 года назад +16

    I am thinking of doing an MBA next year, but it might still be a bit early as I don't have a lot of work experience. Graduate level degrees are also a lot more expensive than bachelors, andI graduated without debt purely because of my sports scholarship.... I will see what I do. Thank you so much for this vid🙏

    • @RichardWalls
      @RichardWalls  3 года назад +2

      Glad you found it useful! Would highly recommend checking out my videos on my online MBA experience. Currently going through University of Illinois at Urbana-Champaign program, which is just $22K for a globally recognized brand name. There are a number of affordable options out there, but depends on your career goals and what you want out of the program.

  • @savannahnalls2099
    @savannahnalls2099 3 года назад +14

    My work is completely paying for my MBA, so it is worth it to me. But honestly if they weren't offering to pay for it I probably wouldn't do it.

    • @RichardWalls
      @RichardWalls  3 года назад +3

      Yea, almost a no-brainer if company is willing to pay for it. Otherwise, need to spend alot more time reviewing the ROI.

    • @kingsolomon0
      @kingsolomon0 3 года назад

      Ha ha ha ha 😂😂😂😂

    • @unityaboriginelove6595
      @unityaboriginelove6595 3 года назад

      My job is paying for my MBA, too. I agree with everything you said.

  • @StockPlug_
    @StockPlug_ 3 года назад +5

    Great channel Richard keep it coming new supporter here let’s grow 🚀

  • @hassanov9160
    @hassanov9160 2 года назад +1

    Respect for making the content subtitled into Arabic ❤️

    • @RichardWalls
      @RichardWalls  2 года назад +2

      I think RUclips might've done that for me, so I wouldn't want to take credit. 😅 But glad that there is an Arabic translation and hope that its accurate!

  • @SohadAlrashedy
    @SohadAlrashedy Год назад +2

    Thank you so much for this video. It was very instructive.

    • @RichardWalls
      @RichardWalls  Год назад +1

      You're very welcome!

    • @scholarlyanalyst7700
      @scholarlyanalyst7700 Год назад

      @@RichardWalls What sounds harder to your "ears"? 1. Certified Public Accountant or 2. Masters Degree in Statistics?

  • @damodaraomalley3974
    @damodaraomalley3974 3 месяца назад

    very well put thank you. MBA, project management or commerce?..... 36 been welding for over 10 years, and ready to get out there and give a real go!

  • @CareerXskills
    @CareerXskills Год назад +1

    I've completed BBA and MBA in Accounting & Information Systems.

  • @jettywetty9398
    @jettywetty9398 4 месяца назад +1

    I’m highly Interested In getting an MBA for the Business Skills 🖊 as a Whole.

  • @PoloML
    @PoloML 3 года назад +4

    wowww this vid was something I needed!
    thank you for the great content

  • @Mav0585
    @Mav0585 3 года назад +6

    My MBA will be from a top 25 program (EMBA), and will be paid for by the Army, I think that makes for a worthwhile experience and ROI :). The EMBA part I’m a little nervous about since I am using the degree to pivot to a new type of role.

    • @RichardWalls
      @RichardWalls  3 года назад +2

      Hi Matthew - that's awesome, and good on you for pursuing the MBA! Anytime education can be paid for by someone else, absolutely take it - don't leave the money on the table! And EMBA should be totally fine. Best of luck!

    • @Mav0585
      @Mav0585 3 года назад

      @@RichardWalls Thanks!

  • @mcioca
    @mcioca 10 месяцев назад

    Taking MBA is the most important thing I ever did in my life, Graduating in December this year

  • @kennethhuang1973
    @kennethhuang1973 2 года назад +1

    I am now have my MBA course in China. That's pretty good. Besides of professional course we will have, we can make a acquisition in the school.

  • @xrisan8osproto
    @xrisan8osproto Год назад +1

    " I will explain what an MBA is" next sentence : "by now it should be well known" . Smooth

  • @AngelisaAustin
    @AngelisaAustin 3 года назад +14

    Thank you for sharing this video. I have a BFA in marketing & design and an MBA specializing in Management. I've had both of my degrees for 5+ years now. I am innovative motivational visionary with many ideas. I am not a fan of paperwork. I'm more functional and a strategist. Finding a career has been a challenge in that many employers want someone with experience or not willing to negotiate salary. My question is how do you gain experience if you are not given the opportunity to exemplify your KSA's? And with the current plight of things, and student debt, I want to avoid working in deficit. I mean why should it cost more to get to a job than what my take home pay would be. Hope I'm making sense. All the best to you and everyone. Stay safe and be well.

    • @RichardWalls
      @RichardWalls  3 года назад +5

      Hi Angelisa - if you don't have any work experience, you'd need to look at entry level positions. MBAs are helpful typically only if you have experience to go along with it, which is why it's very uncommon to pursue an MBA right after undergraduate school. Alternatively, you can do freelance consulting work to gain experience and build a resume that way. Upwork and Fiverr are two platforms to check out to connect w/ others than need work done.

  • @serialkiller288
    @serialkiller288 2 года назад +1

    Im so glad i changed russian for MBA as a subject i will do exams of next year

  • @kat9587
    @kat9587 2 года назад +1

    Ultimately, the employer hires the candidate, not just their degrees. Enhance your value as a candidate, not just degrees on paper

    • @RichardWalls
      @RichardWalls  2 года назад +1

      Agreed - there are many ways to build and market your value as a prospective candidate.

  • @luke12689
    @luke12689 2 года назад +2

    Do you have an MBA? Before i start watching this?

    • @RichardWalls
      @RichardWalls  2 года назад +1

      Just completed my program this past December. I've got a whole series on my channel discussing my experience with it. 🙂

    • @jaimesmith1086
      @jaimesmith1086 Год назад

      @@RichardWalls how did you like the UIUC online MBA program? I hear people tend to discourage online MBA as the value of an MBA is the network, brand/alumni & in person MBA at top ranked MBA programs tend to be the way to go (again just what I see referenced online).

  • @rlouie05
    @rlouie05 5 месяцев назад

    Some of us took prep courses for the GMAT and never scored over 600, thus we've put MBA dreams on hold for a very long time.
    Now I'm a new parent and as the family's primary earner, how do some of us go about earning a respectable MBA that isn't too costly, let alone something that can be done relatively quickly?

  • @badis6862
    @badis6862 Год назад +1

    I don't have it and fuck the job market, I have already suffered to get my master Degree

  • @unitedactorsassociation848
    @unitedactorsassociation848 Год назад

    I have BSC in Mass communication and I am about to do masters in Business administration. This video was helpful, thanks.

  • @realDBshop
    @realDBshop Год назад

    Will be an MBA graduate next month. Yes it's hard, yes it took a lot of sacrifice.
    God Bless.

  • @nutanregmi7720
    @nutanregmi7720 2 года назад +3

    23 and Doing Mba anyone??

  • @cammacleod3152
    @cammacleod3152 11 месяцев назад

    Am I able to earn my MBA without a business degree my background is architecture but throughout my experience I have learned I like the business side and management side which lead me to this video

  • @henrylelou5470
    @henrylelou5470 2 года назад +1

    Thanks for the content. Im strongly considering to quit my job and start my MBA in September. Already doing to apply

  • @williamaleman5460
    @williamaleman5460 2 года назад +1

    This is relative to my major. I use this career on my personal usage.

  • @joneslettli6541
    @joneslettli6541 3 года назад +11

    Hi! I believe that an MBA could be a great supplement and a career-enhancer for certain types of jobs. I'm a norwegian guy, educated as a cook/chef, got a 2-year lower engineering-degree in food-science (mainly biologi and chemistry courses, with economics, marketing and leadership) and recently I finished law-school wich is a 5-year integrated masters degree over here. I've always had fulltime jobs on the side of my education (except from law-school where I worked 40-60% on the side). The main problem I've had with getting leadership-positions has been my lack of leadership-experience. And without that, I dont really think an MBA would help out a lot, because I would struggle to get the jobs where I actually could use and apply the knowledge I would gain by getting an MBA. The leadership-segment is competetive, and besides the qualities needed to get and keep a good managerial position, I feel like one would benefit from actually lacking several human traits, like compassion, honesty and dignity. This is oftenly an undercommunicated aspect when concidering wether you should get this type of a degree or not. Some people simply dont have the stomack to do what's necessairy to get there, regardless if they do or do not have an MBA. Personally, I've seen numerous (especially younger) leaders, continously taking credit for other peoples work, putting blame for their own mistanke onto others and so forth to create an image of being perfect, to persuade their superiors that they are indeed the one who is the most fit for leadership of the group. So to sum it up. I really do believe that the first step should be to get some leadership-experience, before deciding wether an MBA is something you should get or not.

    • @RichardWalls
      @RichardWalls  3 года назад +1

      Thanks for the comment, Jone!

    • @vuyisekaluphuzi8249
      @vuyisekaluphuzi8249 Год назад

      I’m glad I found this comment. I’m also a chef wanting to further my studies in corporate law and was looking into the MBA to see how it could benefit me. But thank for pointing out that I should rather start with getting a leadership position.

  • @xoliswamakamole7512
    @xoliswamakamole7512 Год назад

    Thanks 4 this. Im also doing mine what an interesting degree im enjoying my Organisation Behaviour module particularly scenario and problem solving

  • @MasabShirazi
    @MasabShirazi 2 месяца назад

    Very clear to me

  • @the100kphotographer
    @the100kphotographer Год назад

    I have a BS in comp sci and was a software engineer for 3 years. Then i ran my own biz for 2.5 years and now work as an engineer manager. Im considering getting an mba but very undecided...

  • @hablacesar7785
    @hablacesar7785 3 года назад +35

    I was accepted into Johns Hopkins MBA program! Excited to start this fall. Great video man, I learned a lot of new info that I didn't know. Thanks!

    • @RichardWalls
      @RichardWalls  3 года назад +6

      That's fantastic - great school! Congrats and good luck!

    • @mrmrjims3865
      @mrmrjims3865 2 года назад

      Paying yourself?

    • @alona724
      @alona724 4 месяца назад

      Report back! How did you like the program? Was it as beneficial (so far) as you’d hoped?

  • @kefilwemetseyabangwe7410
    @kefilwemetseyabangwe7410 2 года назад +1

    Thank you for the video, I did EMB 2020, with no work experience, still looking for a job.

    • @RichardWalls
      @RichardWalls  2 года назад +1

      Networking is incredibly important! Where did you get your degree from?

    • @kefilwemetseyabangwe7410
      @kefilwemetseyabangwe7410 2 года назад

      @@RichardWalls Sheffield Hallam University UK

  • @dariustang9670
    @dariustang9670 2 года назад +2

    Just a heads up, you might seem overqualified too for a job if you have an MBA degree. This can lead to difficulties when finding work, just something to keep in mind.

    • @RichardWalls
      @RichardWalls  2 года назад +1

      Hi Darius - thanks for the comment. I've heard that from time to time. Worth noting that one should pursue an MBA w/ a goal in mind and typically after having had 5+ years of work experience, so one shouldn't be applying to entry level roles after MBAs.

  • @LeonidAndrianov
    @LeonidAndrianov 3 года назад +1

    Valuable video and moreover - valuable conversation in the comments, thanks!

    • @RichardWalls
      @RichardWalls  2 года назад +2

      Hi Leonid - thanks for the comment! Glad you're getting use out of it! 😀

    • @jaimesmith1086
      @jaimesmith1086 Год назад

      Agree with the good convo in comments.

  • @ridha78611
    @ridha78611 Год назад

    Im 35 been working since i was 18 worked hard not smart and now i want and need to get my MBA. I want to give it the time.

  • @mariah7167
    @mariah7167 Год назад +3

    Hello Richard! I start my MBA program next month with two specialties in Enterprise Risk Management and Insurance. I’m also applying to law school next year. I’m a licensed property and casualty adjuster, life and health insurance agent and paralegal. I feel an MBA will give me an advantage working with insurance defense law firms. Thanks for the explanation.

    • @RichardWalls
      @RichardWalls  Год назад +3

      Sounds awesome, Maria! Best of luck!

  • @JB-ej2qy
    @JB-ej2qy 6 месяцев назад

    I understand not not all MBA’s are equal but how can you tell what’s good or bad? My son is finishing his finance degree next year in Ohio. Case and Ohio State are ranked high but his school JCU is not ranked high but it is a good school. Should he go for ranking or stay at JCU MBA school?

  • @BigRonJ77
    @BigRonJ77 2 года назад +12

    The original MBA was intended to give engineers the tools to clime the corporate ladder. Companies like Microsoft, GE and General Motors in the 80’s and 90’s gave the modern MBA the popularity you see today. Also, if you wanted to get into investment banking back in the day but attended a liberal arts school for undergrad, getting an MBA from a school like Wharton would give you the accounting and finance background that you would need.

    • @RichardWalls
      @RichardWalls  2 года назад +6

      Thanks for the comment, Ron! And I'd say engineering is one of the best undergraduate degrees & work experience to have going into an MBA. It's probably the best combination, so definitely a win for those that have both!

  • @alltheworldsastage4785
    @alltheworldsastage4785 Год назад +1

    I'm going to do an MBA as well, can't believe it took me this long to make up my mind. 😢

    • @scholarlyanalyst7700
      @scholarlyanalyst7700 Год назад

      @alltheworldsastage4785 What sounds harder to your "ears"? 1. Certified Public Accountant or 2. Masters Degree in Statistics?

    • @alltheworldsastage4785
      @alltheworldsastage4785 Год назад +1

      @@scholarlyanalyst7700 Masters Degree in Statistics.

    • @scholarlyanalyst7700
      @scholarlyanalyst7700 Год назад

      @@alltheworldsastage4785 Thanks so much for your valuable input!

  • @kowshik03
    @kowshik03 3 года назад +1

    This is quite useful friend...thanks

    • @RichardWalls
      @RichardWalls  3 года назад +1

      Thanks Kowshik, glad you found it useful!

  • @rababayash158
    @rababayash158 3 года назад +5

    That was super helpful. Actually, i am doing my MBA . I was very enthusiastic at the beginning but now I do not feel it is worth the investment.
    Reading all the criticisms directed to MBA degree makes me feel defeated.

    • @RichardWalls
      @RichardWalls  3 года назад +3

      Thanks for the comment! Really depends on how much you're investing in the MBA, what you're expecting to get out of it, and how you market yourself. It has potential to be a great investment, but (like most other things in life) it's no guarantee.

    • @jaimesmith1086
      @jaimesmith1086 Год назад

      Why are you feeling it's not worth the investment.

  • @demofabatarfi5337
    @demofabatarfi5337 11 месяцев назад

    Do you need a bachelor degree to get it ?

  • @davidculhane4388
    @davidculhane4388 11 месяцев назад

    I own a succesful restaurant that I opened in my late twenties. I do not have an undergrad degree, let alone an MBA. I have friends with MBA's who have not seen a good ROI on their degree at all. Industry experience and innate business sense are far more important than formal education when it comes to entrepreneurship.

    • @jonasbaine3538
      @jonasbaine3538 10 месяцев назад

      What ranked school/program did they go to?

  • @allans7281
    @allans7281 3 месяца назад

    What’s more powerful an MBA degree or 20 years experience

  • @ungorilaenrd
    @ungorilaenrd 3 года назад +5

    Master business administration vs master in international business... what would you rather? Leave your comment below

    • @RichardWalls
      @RichardWalls  3 года назад +4

      Would prefer an MBA with a concentration/specialization in IB. 😀

    • @markgriffiths6988
      @markgriffiths6988 3 года назад +1

      @@RichardWalls Just applied for 2 MBAs and that's what I'm doing. My foreign languages and my experience working in 4 countries go well with that IMO.

    • @faitie6970
      @faitie6970 2 года назад

      @@RichardWalls Can I actually have that???

  • @ehsan83
    @ehsan83 3 года назад +3

    excellent video Richard, could you tell me the difference between MBA and EMBA? Thanks a lot

    • @RichardWalls
      @RichardWalls  3 года назад +2

      Hi Ehsan - I've got a video coming out in the next two weeks explaining the difference. Short story is EMBA is a part-time MBA designed for working professionals that are more senior in their career (avg work experience of 14 yrs). Classes typically held on weekends.

  • @michaeltyers7336
    @michaeltyers7336 Год назад

    When I was at University (2004 - 2008) there was a running joke that an MBA was the program you did when your dad wanted to give you a six-figure salary but you weren't smart enough for a useful Masters.

  • @giorosales584
    @giorosales584 2 года назад

    Amazing video!

  • @akshatkesharwani6523
    @akshatkesharwani6523 2 года назад +1

    Very well defined

  • @King-qr1ck
    @King-qr1ck 3 года назад +3

    I misspelled nba and it bringed me here so hello how are you

    • @RichardWalls
      @RichardWalls  3 года назад +2

      This video was meant specifically for people misspelling NBA, so hope the content helped. ;)

  • @itumelengmpeke
    @itumelengmpeke 2 года назад

    I want an MBA and can't wait to start with mine

  • @stefandimitrovdimitrov8002
    @stefandimitrovdimitrov8002 Месяц назад

    I am not sure if MBA is right for me due to the Economics background I don't have.I have a BA in ''Bulgarian and English philology'' and I am looking for a MA program or online course in Public Relations or Digital Marketing.I think these programs are easier.

  • @jordanclaudio6352
    @jordanclaudio6352 3 месяца назад +1

    Is it worth doing an MBA with a mechanical engineering bachelor’s degree?

    • @RichardWalls
      @RichardWalls  3 месяца назад

      Absolutely! Having an engineering education and background is one of the best foundations to couple with a business degree. You'll be one of few - to pair technical know-how with business acumen is the best possible combination for future career prospects.

  • @supriyomondal8829
    @supriyomondal8829 2 года назад +1

    I have completed my bachelors and Masters in Chinese language & culture and now planning for an MBA. I'm quite confused. Oh by the way I have worked in mobile phone industry for around 3 years and particularly worked in product & consumer research for a lot of time.

    • @RichardWalls
      @RichardWalls  2 года назад +2

      Hi Supriyo - thats a great background, especially for global companies that do business in/with China! What are you confused about in planning for an MBA?

  • @kipronomacharia2057
    @kipronomacharia2057 2 года назад

    So resourceful

  • @zechariahm.s8576
    @zechariahm.s8576 3 года назад +5

    I have to yet gain experience but I want to start my preparation now slow and steady for LBS MBA. How would you suggest I strive forward. I have an engineering degree so I am.not versed with business terminologies etc.

    • @RichardWalls
      @RichardWalls  3 года назад +2

      Hi Zechariah - of course get work experience, but you may want to explore some business courses on online platforms like Coursera or EdX, as time allows, so that when you apply for MBA programs, you'll have a better idea and understanding what you'll be taught in class.

    • @zechariahm.s8576
      @zechariahm.s8576 3 года назад +1

      @@RichardWalls thank you for your reply sir and will definitely look into it

  • @SebastianRocks1234
    @SebastianRocks1234 2 года назад +1

    Commerce undergrad here. I don't see much value in an MBA since 90% of the courses in an MBA I have to take in commerce already. I love my program but I think MBA are more for people who did not get the opportunity to learn business.

    • @RichardWalls
      @RichardWalls  2 года назад +1

      Hi Sebastian - there is some overlap, though I'd be surprised if a commerce degree goes into accounting, management, & marketing. Where did you get your degree from? The other thing I'd add is that I got my undergrad in business w/ a focus on marketing. The MBA covered mostly the same material, not surprisingly, but 1) we discussed and worked more updated case studies; 2) newer content; 3) networking; 4) Learn from others in other industries on how they apply business concepts. Still a good number of benefits, just a matter of finding an MBA at the right price point and post-graduation career prospects that makes sense for you.

    • @jd0879
      @jd0879 2 года назад +1

      @@RichardWalls Lol what. What cereal box business degree did you get that doesn’t cover marketing, accounting, and management in a commerce undergrad degree

  • @angielordlinsag9900
    @angielordlinsag9900 3 года назад +3

    Soon after graduating in college of BSBA , i proceed to MBA degree.

    • @RichardWalls
      @RichardWalls  3 года назад +1

      Congrats!

    • @jaimesmith1086
      @jaimesmith1086 Год назад

      Wait to get a couple of years of work exp (around 5 years) before jumping into MBA

  • @fatimalopez3095
    @fatimalopez3095 2 года назад +3

    Such a great video! I graduated with a Hospitality and Tourism Degree two years ago and I’ve been in management for this field for a few years now. Now, I want to change industries and go into finance. Do you think it would be ideal to get an MBA or an MS in Finance? I don’t have any experience in finance so although I have management experience I know I would still have to start off at an entry level position.

    • @RichardWalls
      @RichardWalls  2 года назад +1

      Hi Fatima - thanks for the comment! If you know for sure that you want to go into finance, then an MS in Finance would be appropriate. Leverage that to get an internship and experience if possible, and look into full-time roles after. Don't necessarily think you'd need to start at entry level, but that depends on the company and specific role.

    • @lunam7249
      @lunam7249 Год назад

      finance...get a series 7 +63 stock broker license and start makeing real money😢😂🎉😂

  • @jaswadijayus6519
    @jaswadijayus6519 11 месяцев назад

    I like the music background

  • @domwings4329
    @domwings4329 2 года назад +1

    One class away from completing my MBA debt free. Almost time to make more than 38k a year

  • @adonaydaruneh3879
    @adonaydaruneh3879 2 года назад

    Thanks Mir. Please Give MAN Trish man course in detail

  • @M2EDU
    @M2EDU Год назад

    Nice explanation

  • @patricecervantes1676
    @patricecervantes1676 2 года назад +2

    I am exploring the idea of starting my MBA but I’m more interested in the entrepreneurial side of business such as investing, start ups, process strategy. I feel like I sort of pigeon holed myself with my undergrad as a Nonprofit management and leadership major and I’m struggling to figure out what the best graduate program is for me so I don’t make that mistake again. Any advise?

    • @RichardWalls
      @RichardWalls  2 года назад +2

      Hi Patrice - if you want to go the entrepreneurial route, you can do so without an MBA. Or if you still wanted an MBA, find an inexpensive option. That said, There's alot of free education out there on business start ups, so I would recommend looking online first. There may be some certificates that are far less expensive that you can earn that could give you an advantage if you end up not pursuing an MBA.

  • @mhlongothokozane3220
    @mhlongothokozane3220 3 года назад +1

    I'm looking for personal tutor for MBA models ...

  • @TheclassicSN
    @TheclassicSN 2 года назад

    Iam gonna start my MBA on SNHU mba public administration .
    Iam very excited.
    Iam 36 yrs old turning 37 this year. And i continue myself to keep learning .

    • @RichardWalls
      @RichardWalls  2 года назад

      Best of luck!

    • @jaimesmith1086
      @jaimesmith1086 Год назад

      congrats, have you considered EMBA/part time MBA instead of regular MBA? (I hear full time MBA is usually done in mid to late 20s with around 4-6 years of average work exp).

  • @mrmrjims3865
    @mrmrjims3865 2 года назад +2

    What do you think about "Quantic Business School" MBA, it's 10k only, I've started it but there are no assignment or group assignment or live lecture it's a simple choice of question answers that you keep trying until you get right.

    • @RichardWalls
      @RichardWalls  2 года назад

      Hi - I go into more detail about Quantic in a separate video on my channel you can check out. Content and delivery is pretty good, just don't know how many doors it would open for you in your career.

  • @djalexrai81076
    @djalexrai81076 3 года назад +1

    really it is true sir👌❤️

  • @AdrianFI
    @AdrianFI 8 месяцев назад +1

    I currently working in Deloitte, I'm an industrial engineer, I am thinking in applying to a MBA in Europe or maybe Canada or USA but I am quite afraid of quiting my job I dont know if would worth it

    • @RichardWalls
      @RichardWalls  8 месяцев назад +2

      Would recommend exploring some online MBA options where you can continue to work and earn experience. You're already at a company with a strong brand and presumably good prospects; if you intent to stay there, an online MBA would be the ideal option. If you're looking to make a career or company switch, a full-time on-campus MBA would be an easier path for that to happen.

    • @AdrianFI
      @AdrianFI 7 месяцев назад

      @@RichardWalls great advise!! Thanks

  • @VanessamReyes-gf3jl
    @VanessamReyes-gf3jl 2 года назад

    Impacts , the company functions ,

  • @adelegend3142
    @adelegend3142 2 года назад +1

    Very insightful video as an 18 year old who is long term career planning. If there’s any way to reach out to you personally I would love that!

  • @solomonmoses5805
    @solomonmoses5805 7 месяцев назад

    Hi , Is a online Global MBA program from University of western Australia(UWA) worth doing ?

  • @giusepperinaudo3188
    @giusepperinaudo3188 2 года назад

    An MBA is useful just in the case you want to progress in the industry you are currently working in. It's barely unseless if you want to change sector or country.

    • @jaimesmith1086
      @jaimesmith1086 Год назад

      Why? I thought MBA helps to pivot industry, function & location.

  • @CatkingUSA
    @CatkingUSA 2 года назад +1

    Hello! Thank you for this informative video, I appreciate it so much. What’s your opinion about the John Hopkins MBA degree?

    • @RichardWalls
      @RichardWalls  2 года назад +2

      Hi Herberth - looks like a solid choice. The university itself has a strong brand, but the cost of the MBA is a bit on the high side for my liking.

    • @jaimesmith1086
      @jaimesmith1086 Год назад +1

      I don't think the MBA program is very highly ranked. I would check out financial times ranking or USA news ranking for MBA. I have also heard that the top 25 MBA programs are worth investing in (not sure if true or not).

    • @scholarlyanalyst7700
      @scholarlyanalyst7700 Год назад

      @@jaimesmith1086 What sounds harder to your "ears"? 1. Certified Public Accountant or 2. Masters Degree in Statistics?

  • @lucleadergaming3487
    @lucleadergaming3487 3 года назад +2

    Graduated with my MBA 4 weeks ago…. Still no job 😞

    • @RichardWalls
      @RichardWalls  3 года назад +5

      Keep networking! MBA, unfortunately, isn't the golden ticket it was a few decades ago...but you can certainly leverage it. Won't be enough to simply apply to jobs on LinkedIn or other job sites - you'll need to reach out to people and make connections.
      Good luck!

    • @magistr9783
      @magistr9783 Месяц назад

      Any news?

    • @lucleadergaming3487
      @lucleadergaming3487 Месяц назад

      @@magistr9783 I took a job at an ice cream wholesaler 3 years ago; office manager & bookkeeper. But I do so much more than just those 2 things most weeks (which is fine; I'm hourly so I love the overtime pay). Just managing the books and we do 8 figures of yearly sales from our office.
      Yeah I could do something else and make more, but I've learned so much. And the benefits are super great too.

  • @batoolshabareq718
    @batoolshabareq718 2 года назад +1

    I take MBA online now ,actually I don’t know where am I ,because my bachelors was in English literature online and MBA also online from bahcesehir university and I don’t have any work experience at all , I don’t know what should I do after graduation.،Dear experts any advices ?

    • @RichardWalls
      @RichardWalls  2 года назад +1

      Start applying to roles, but you'll likely be at an entry level role without any work experience.

  • @CEA9234
    @CEA9234 2 года назад +1

    Hmmm thoughts on an engineer getting an MBA?? I'm electrical engineer thinking of getting one. My thoughts is just that it would open doors to more senior level jobs higher pay and I would go the route of technical marketing, supply chain or just engineering management. Always at a tech company where I can still leverage engineering degree to be of more value. I think marketing at apple lets say would pay exceptionally well. As would a sales engineer or some business-tech Hybrid at a electronics distributor.

    • @RichardWalls
      @RichardWalls  2 года назад +1

      Hi Christian - engineers w/ an MBA is probably one of the best work/degree combos out there. Would certainly open more doors. You have the benefit of having had a very technical degree + work experience, w/ a comprehensive business education of an MBA. You'd really be at an advantage!

    • @jaimesmith1086
      @jaimesmith1086 Год назад

      @@RichardWalls Sundar Pichai (google/alphabet's CEO) had the same combination. Technical engineering degree with an MBA. Rose up the ranks.