MBA x 2

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Gary Seinfield

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I know that this is a crazy question, but here goes...

Do you know anyone who's gone back to school for a second MBA? For example, early in his career (2-3 years of undergrad) and with limited experience, a guy goes to the best school that he can get into and finishes the MBA part-time. Throughout the program and for 1-2 years afterwards, his career progresses at warp speed (in a field other than finance), to the point where he thinks he might now be able to get into a top-10 program, a move that he knows will help facilitate a transition to finance.

Would a school allow such a thing (enroll to get a degree that you already have)? Of course, he'd only put the top-10 MBA on his resume (so as not to alert readers that he is an idiot), but he'd want to play up his stellar performance during MBA #1 as part of the admission process.

Strictly a hypothetical question, but I'd love to hear your thoughts.
 
gary if your thinking about a top 10 and have a reasonable chance of getting in , dont tell your next employer about your 1st mba. Let em think you made your sucess without the added push of the MBA.
 
Most business schools won't let you pursue an MBA if you already have one.
 
Gary Seinfield,

Have you givin any thought to pursuing an MSF or MFE at a top school? That might work.

There are a few schools that allow you to do it in one year full time. If you would consider going abroad that might give you a couple more options, e.g. in the UK going to LBS or the LSE.
 
The top schools will NEVER let a person do a 2nd MBA. They only let in people with a bachelors or MS/ MA degrees.
 
imp Wrote:
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> Gary Seinfield,
>
> Have you givin any thought to pursuing an MSF or
> MFE at a top school? That might work.
>
> There are a few schools that allow you to do it in
> one year full time. If you would consider going
> abroad that might give you a couple more options,
> e.g. in the UK going to LBS or the LSE.


I have thought about this, but I'm concerned that this would limit me to only quant positions, which I find less interesting. During a recent interview a traditional buy-side shop, I asked about the competition and the MD said, "One guy has an MFE, whatever that is." I'm not sure how valuable an MSF or MFE would be for equities research, especially since I'm already pursuing the CFA.
 
this guy i met once did his MBA right after undergrad from IIM-- top b-school in india. He worked for several years at Goldman Sachs and then decided to go to IMD to get a second MBA...

so yes if you can show the school that you have some good reasons why you want a second MBA, they would accept that...this guy first did his MBA to break into investment banking...his intent to go to IMD was to get more of a general management/leadership skills.
 
louisvillegrad Wrote:
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> The top schools will NEVER let a person do a 2nd
> MBA. They only let in people with a bachelors or
> MS/ MA degrees.


Why?
 
I would think that they would want to bring people in, as long as they see that the candidats have the kind of potential that they are looking for. The most important statistic for ranking colleges IMHO, is the 5-yr salary after graduation. If you are someone who looks like this would be good enough i dont see why the Ivy leagues would have a problem with it but then i wouldnt know from my state school background.
 
"Why?"

Because it defeats the purpose of the MBA. You will be repaeating pretty much all your classes. I mean it doesnt make sense for them to give their higlhy sought after admission to a person who already has the exact same degree versus an applicant who doesn't.

That saying why dont you look at certificate programs, or some sort of executive MBA non degree type option? That way you will have access to their career resources as well not to mention developing a network through the classes you attend. Maybe once you are already attending the school, you can see if they let you get a 2nd MBA. Or maybe you may find that you do not need a 2nd MBA any longer.
 
louisvillegrad Wrote:
-------------------------------------------------------

> That saying why dont you look at certificate
> programs, or some sort of executive MBA non degree
> type option? That way you will have access to
> their career resources as well not to mention
> developing a network through the classes you
> attend.

I can't imagine that these students would have access to the same career center resources that the MBA students do. Even if they did, would employers who recruit MBAs at top business really want to interview people that aren't in the MBA program?
 
Aquarius Wrote:
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> so yes if you can show the school that you have
> some good reasons why you want a second MBA, they
> would accept that

Aquarius,

What would be a good reason, continued advancement in my current field (not the real reason), or a career change? From what I know, people are ususally more successful selling b-schools on the "continued advancement" thing than they are on a career change.
 
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