I work for Citigroup. Look at the schools they went to most are probably top 50 business schools. Its all about the alumni network not what you learned. You think the Managing Directors care what you learned in school? Fat chance… It’s all the name of the school and obviously if you work near where you went to school it helps a lot. If you have an MBA from a no name school and make a ton of money its probably because you are good at what you do.
I’m also not mocking anyone who has/is getting their MBA. I will get mine eventually, just think it isn’t the ticket to baller status that sometimes its made out to be. I’m all about anyone furthering their education :tup:
At 24yo you have no clue if further education would help opportunities in life only assumptions. Make no mistake I am not interested in spirited discussion with you. :tup:
LOL we are not debating MBAs such as University of Phoenix.
Citigroup is notorious for underpaying in Buffalo. I got my MBA straight out of school…they offered me a Section Manager position after, paying like nothing and managing a team.
We are currently stealing a lot of their best people in finance since they’re so underpaid there. I think they are big on hiring MBA’s and paying them like philosophy majors.
wow 38k for an MBA ? That’s insulting. Im quite a bit higher than that with a B.S. Im assuming this was when they bottomed out? Incidentally one of my managers just got hired at HSBC and quit. One of my buddies also got transferred to Tampa for HSBC and got a huge raise from working downtown. I’ve turned down some better offers as I’m in a path to NYC but we shall see. If you work in Ops you make SHIT. Luckily I don’t. Hsbc seems like a solid place to work with better pay than the bailed out bank.
I honestly don’t even think an MBA does what most people expect it to. So many people in my class I could tell were duds that would never have the career potential they seemed to think that the MBA would attain them. I am only giving you a hard time since I do think for the right individuals it is absolutely a door opener and you quite boldly worded your previous statement. Many do not have the skills to get to the door.
Poor choice of words, I admit. I did NOT mean to offend. Before I realized some of the hours I would be putting in I was going to do MBA part time and did some searching (as you can see from the old thread).
The bold is really what I was trying to get at. Lots of MBAs entering the work force who just BS’d there way through the program and put no effort in.
Yep. They have great connections in the banking industry in this area. Old boss, new boss, and many dep’t heads are Canisius grads. This was in Jan 2008 right when the shit was hitting the fan. Was it Ed K. or Leon the Russian by any chance? Just hired them on my team. HSBC pays very generously if they don’t lay you off.
Scott L… older fellow. I am not sure what department he got into. My friend who got transferred to Tampa was stressing out a bit a few months back but they ended up treated him fairly and got him a good paying gig down south. I may have to look into HSBC depending on how the new Citi CEO changes some of its capital markets business.
This is part of the reason I waited to get mine, and am in the program I’m in. Out of 65 TOTAL “students” we’re all driven as hell, have a minimum of 9 years of professional level experience (our class average is 13), have company/manager backing to be in the program. There’s a couple slackers (maybe 2 or 3), but for $72k, and straight classes every week for 21 months (we have a TOTAL of 10 weeks where we don’t have class (4 weeks summer, 1 for thanksgiving x2, 2 for Christmas x2) but we have homework to do during those times). It’s an extreme program that you HAVE to be dedicated to, otherwise you’re fucked.
I also have to completely agree, it’s WHAT school you go/WHAT program you take there. Alumni network is a huge thing… like they say, most of the time it’s not what you know, it’s WHO you know.
In my research, the only “ranked” school in the WNY area is Canisius; and their business school MBA programs are top notch. (Side note and kinda funny to me at least… They’re courting my FIL to go teach in their MBA program after he retires from GM Tonawanda).
Well thats dumb. Ingram is/has been for a long time.
edit: saying “in the area” is meh. Ingram actual HQ is in cali, but employs ~1600 (?) people here. ATT, Verizon, also employ many local people. BoA, Walgreens, walmart, UPS, fedex, dupont, etc…