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Question for Alex:

by Guest Mon Dec 15, 2008 5:45 pm

Hey Alex, I'm a fairly recent grad and I was recently laid off from a i-bank. I have thoughts of doing either an MBA or a JD.

Do you think a Law Degree will be more beneficial for long term job prospects relative to an MBA? I don't have a specific career goal in mind.

I enjoyed school very much and did very well - I want to be back in the classroom. Now also seems like the perfect opportunity w/ the economy not likely to improve for a few years...

Thanks,
JD
MBAApply
 
 

by MBAApply Tue Dec 16, 2008 2:16 pm

If you don't know what you want to do, going back to a professional graduate program like law school or b-school isn't the solution.

You can't go about it thinking about "long-term prospects". Figure out what you want to do first. There's no point of going after a career that you'll hate, as obvious as that sounds, but the job of an attorney really has no middle ground - you'll either love it or hate it, and it's safe to say that the majority of lawyers hate their jobs.

Same with b-school. Most go in without an exact idea of what they want, but the majority still have a basic idea of what they want (they've narrowed it down to a few specific industries and job functions).

Only you can figure out what you want. And if you really are at a loss of what you want, spending hundreds of thousands of dollars to "hide" in graduate school is a monumental waste of time and money. There isn't some sure fire way to figure out what you want, but it's likely more of a trial-and-error process where you try out new things, talk to people, and gradually figure it out - it's not something you can sit down and logically deduce what you want.

If you're recent grad, as hard as it may be with the economy, the last thing you need now is more school. What you lack is experience, and no amount of schooling will be a substitute for a lack of experience. Do whatever you can to accumulate real world experience - it may not be the ideal industry for you, or even the ideal job - but it's what you need.

Alex Chu
alex@mbaapply.com
www.mbaapply.com
http://mbaapply.blogspot.com
guest
 
 

Hi Alex

by guest Wed Dec 17, 2008 11:45 am

Excellent point on using a trial and error process rather than just going to school or sitting down and trying to figure it out.

Thanks very much for your time.