Well, that darn MBA degree still has a great ROI…“Over their lifetime, an MBA grad can expect to earn $3M more than someone w/ only a bachelor’s.” Great ROI!?…At about 98% of universities that offer MBAs, grads typically made more money 2 years out of school than they had borrowed. That stands in contrast to law schools, where roughly 6% of programs had grads w/ higher median earnings than debt in the same time frame.
https://lnkd.in/gMd2vC2T
https://lnkd.in/gkN-ecch (lots of data & links) & https://lnkd.in/gxC7UJDw.
Interesting salary & job placement data for USC MS grads. https://lnkd.in/gBm2cSx9. MIT MS SCM grads can be found at: https://lnkd.in/gYimnUkP. Hottest MBA Degree Now? Supply Chain Mgmt.
What You Can Do With an MBA in SCM? https://lnkd.in/gbfHx84e.
When is the right time for grad school? The avg age is 33. I find the age stat to not be too meaningful. For anyone <33, you will likely be the first centurion generation. That means you will live to 100 & have a 60+ year work career. Just remember, the older you get, the lesser the chances of starting &/or finishing.
Hottest MBA Degree Now?
https://lnkd.in/g8VqgK_5
Forget Finance. SCM Is the Pandemic Era’s Must-Have MBA Degree.
https://lnkd.in/gfd2NFQR
Note, the MBA route requires careful thought.
https://lnkd.in/eW_F27BN
https://lnkd.in/eTk-PXPv
https://lnkd.in/e3EYjtsE
https://lnkd.in/eQvfFMc
https://lnkd.in/eX-2GgPp
https://lnkd.in/ejRNPgfq
Most of our students start their careers in a job rotation for 1-3 years (https://lnkd.in/e3EYjtsE). If I was 25 & just came off of a job rotation, I would start thinking about a grad degree (part time & let my employer cover it).
Of course, do what is rewarded in the culture of your org. Look at your boss’s resume & your boss’ boss’ resume (https://lnkd.in/eQvfFMc). In general, I would not do a general MBA or even an MBA w/ a SCM concentration (especially if I had an undergrad in SCM). I like certs associated w/ ISM, APICS/ASCM, CSCMP, etc., but I suspect that I would not actually learn much from the process of getting certified (assuming I had an undergrad in SCM). These certs however would externally validate you as a subject matter expert & that is worth a lot in industry (especially if you are trying to get your foot in the door for a SCM job & do not have a SCM background).
I would consider a degree in something that is quicker than the traditional 12 classes (i.e., a mini MBA or MS). I would also get it in something I am weak in & is likely to be important. So as of 2022, what would I do? I would do something like a mini MBA or MS (9 classes, not 12) at a high profile SCM school (i.e., Big 10, massive network) in “Digital” SCM (assuming I was weak in this area).
Great read by Mr. Daniel Stanton:
https://lnkd.in/g54Q6j9j
Resume Advice:
Grad school advice:
—Dr. Sime (Sheema) Curkovic, Ph.D.,
Professor, Operations/Supply Chain, Lee Honors College Faculty FellowWestern Michigan University, Haworth College of BusinessKalamazoo, MI 49008-5429 | 269.267.3093 | sime.curkovic@wmich.edu
The Western Way: “Better, faster, cheaper” www.wmich.edu/supplychain
WMU: #1 in MI for earnings by graduates
Sample Lectures: What is SCM?https://wmich.edu/supplychain/academics/lectureshttps://www.youtube.com/@simecurkovic
WMU…One of nation’s best undergrad SCM programs (Gartner); 2nd in technology (SoftwareAdvice); 2nd in top global talent (SCM World)
Vitae:https://wmich.edu/marketing/directory/curkovic
Connect:https://www.linkedin.com/in/sime-curkovic-61617a115/Follow:https://www.simecurkovic.com/
