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MBA in Korea?
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Yaya



Joined: 25 Feb 2003
Location: Seoul

PostPosted: Thu Jul 07, 2011 9:08 pm    Post subject: Reply with quote

methdxman wrote:
Any mba that doesn't require gmat is sketchy at best.


There are hordes of unemployed MBAs out there, and well, saying you got an MBA from a Korean university probably won't turn many heads. Most Korean companies would probably favor foreign MBA degrees in their hiring, especially the conglomerates.

It might be worth it if you don't have to pay but otherwise, I'd skip the Korean MBA option.
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methdxman



Joined: 14 Sep 2010

PostPosted: Thu Jul 07, 2011 9:21 pm    Post subject: Reply with quote

Juregen wrote:
methdxman wrote:

In the end all of this is pointless talk. The ONLY thing that matters is the post MBA salary you can command. Name any school that doesn't require GMAT and check its post mba salary statistics.


Haaa I love sensible talk.


Why do you talk about stuff you have absolutely no clue about?
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sirius black



Joined: 04 Jun 2010

PostPosted: Thu Jul 07, 2011 9:22 pm    Post subject: Reply with quote

What type of MBA someone should go after depends on what they want to do with it.

If you're trying to work on Wall Street, then you need a prestigious MBA from one of the top schools with a name. If you're in the U.S. we all know the big names. Harvard, Yale, Wharton (Penn), Kellogg (Northwestern), Berkeley, etc. Outside the US, London Sch of Econ., McGill in Canada, etc.

There are a plethora of BS degrees out there. It seems everyone's got one. If you're just trying to get on the top of the HR department lists and compete against the many others who have a BS or BA for that run of the mill job, then any old MBA will do. The corporate schools (Argossy, Univ. of Phoenix, etc.) will do. It puts you ahead of the other BS holders. A Korean MBA does. While most HR reps don't know what constitutes a good or bad school in Korea, Korea itself is respected as a country with motivated students (that's the rep), same with Japan. They will respect a MBA from here. Also, the fact that you got it overseas shows some level of globalism and an ability to to go a different culture and thrive. A company that does a lot of international business will respect that.

So, it depends on what you want do and what you want to do with it.
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methdxman



Joined: 14 Sep 2010

PostPosted: Thu Jul 07, 2011 9:31 pm    Post subject: Reply with quote

Yaya wrote:
methdxman wrote:
Any mba that doesn't require gmat is sketchy at best.


There are hordes of unemployed MBAs out there, and well, saying you got an MBA from a Korean university probably won't turn many heads. Most Korean companies would probably favor foreign MBA degrees in their hiring, especially the conglomerates.

It might be worth it if you don't have to pay but otherwise, I'd skip the Korean MBA option.


Even Koreans nationals with top foreign MBAs have a hard time finding a job to their liking here. Most of it has to do with their salary expectations vs. what a Korean company is willing to pay them (considering age, years of experience, Korean hierarchy, etc.).

If you are young (under 35 let's say) and have a Korean MBA, your chances of landing a job that pays more than 60,000 KRW a year base salary is highly, highly unlikely.
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methdxman



Joined: 14 Sep 2010

PostPosted: Thu Jul 07, 2011 9:35 pm    Post subject: Reply with quote

sirius black wrote:
What type of MBA someone should go after depends on what they want to do with it.

If you're trying to work on Wall Street, then you need a prestigious MBA from one of the top schools with a name. If you're in the U.S. we all know the big names. Harvard, Yale, Wharton (Penn), Kellogg (Northwestern), Berkeley, etc. Outside the US, London Sch of Econ., McGill in Canada, etc.

There are a plethora of BS degrees out there. It seems everyone's got one. If you're just trying to get on the top of the HR department lists and compete against the many others who have a BS or BA for that run of the mill job, then any old MBA will do. The corporate schools (Argossy, Univ. of Phoenix, etc.) will do. It puts you ahead of the other BS holders. A Korean MBA does. While most HR reps don't know what constitutes a good or bad school in Korea, Korea itself is respected as a country with motivated students (that's the rep), same with Japan. They will respect a MBA from here. Also, the fact that you got it overseas shows some level of globalism and an ability to to go a different culture and thrive. A company that does a lot of international business will respect that.

So, it depends on what you want do and what you want to do with it.


I think a crappy MBA is a death wish no matter what in terms of ROI.

If you want to compete against the BS degree holders at any old company it can back fire on you as they think you'll want to command a higher salary. That's two more years of work experience you could have had, too.

Sure, if you want to spend 50k usd on any old MBA and successfully land a job that pays 50-60k usd, go for it.
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Yaya



Joined: 25 Feb 2003
Location: Seoul

PostPosted: Thu Jul 07, 2011 10:04 pm    Post subject: Reply with quote

methdxman wrote:
Juregen wrote:
methdxman wrote:

In the end all of this is pointless talk. The ONLY thing that matters is the post MBA salary you can command. Name any school that doesn't require GMAT and check its post mba salary statistics.


Haaa I love sensible talk.


Why do you talk about stuff you have absolutely no clue about?


He basically wants to defend his decision to get an MBA from Korea University (which by the way charges around 45,000 U.S. dollars per year in tuition, more than a lot of the top 10 MBA schools in the U.S. but I digress), that's all. Lucky for him, his tuition was waived.

Given his horrendous line of reasoning on getting his MBA in Korea, I'm not too keen on getting an MBA in Korea, hahahaha.
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joeheckel



Joined: 13 Oct 2008
Location: Seoul

PostPosted: Mon May 12, 2014 4:47 am    Post subject: SKK GSB and Korean MBAs Reply with quote

For all the postings, I found very few people who actually cited numbers or rankings for reference.

SKK GSB ranks in the top 50 globally, 40th in overall value and their annual salary increase after obtaining an MBA was astronomical at 86%. I don't understand all the arguments about how it bears a low ROI when you can see on the Financial Times rankings that it is among the best investments out there:

http://rankings.ft.com/businessschoolrankings/sunkyunkwan-university-gsb/global-mba-ranking-2014#global-mba-ranking-2014

I was hoping to find some people on here to provide some credible advice or success stories.
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Wangta01



Joined: 03 Oct 2006
Location: Seoul, S. Korea

PostPosted: Mon May 12, 2014 5:54 am    Post subject: Re: SKK GSB and Korean MBAs Reply with quote

joeheckel wrote:
I was hoping to find some people on here to provide some credible advice or success stories.


Well if you are looking for "success stories" that indicates you're already biased toward the pros of MBA in Korea. I went through the same process as you - my advice is talk to actual graduates and current students at the school. Rankings are rankings - they don't tell the whole picture (good and bad). Much of the decision and ROI will depend on (i) what you want to do post graduation and (ii) where you want to do it (geographically). From my discussions with graduates, unless wanting to work in Korea after graduation, an MBA from a Korean university was almost useless for working anywhere in the US, and gets much less recognition the farther away from Asia that you get (though, seemed to have decent influence in China/Hong Kong).
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