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September 26, 2007

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The points on a self-developed program are spot on. I started down this route and my career has been growing at an accelerated rate.

You need to decide where you want to take your career before going back to school. While education is important, you don't need the MBA to succeed. Where I work most promotions are given to those with the most company awards. These awards are given for success and accomplishments not what you learn in a classroom.

I have to say that the letter presented is certainly compelling, but since most candidates are selected by weeding out minimum requirements, I can't see many scenario's where it would get past the initial round of candidate selection. Most HR/Recruiting is based on the principal of thinning the "herd" as efficiently as possible, not having a degree or a graduate degree is often the first criteria used to get rid of some of the applicants.

That being said I will certainly adapt the letter to circumstances of my own and see if anything happens. Adding to the arsenal certainly can't hurt.

I completely agree with the comments but like Jeff said, it's an easy way for companies to weed out candidates...

Just from personal experience, finding both an experienced and receptive mentor can be a tough task.

also, I haven't been to b-school, but I would think that an academic perspective on certain issues puts you at an advantage over someone with just work experience. In my mind a person with work experience AND b-school would be a better worker than having just work experience.

I think that the executive are giving the answer they think they should rather than the one that is actually true.

From my point of view, I found the letter a bit pushy, I bet there are cultural differences between the US and UK which would mean it would have to be substantially reworded for a British market, but the education outlined is certainly impressive.

You need to do both. The MBA is devaluing fast, but having it is a checkmark that gets you in the door.

Did my MBA pay off? You bet it did! After my graduation, I got a 20% raise. Additionally, I did not have to pay as much up front as my company paid 50% of my tuition and all of my textbooks. So, the pursuit of the degree was a part of my benefit package while leading to more benefits. I have also been a better worker. It was win-win.

The stuff I learned was useful as well. I learned so much that I can't even do a good summary in this brief space. However, one of the most surprising and ironic revelations was how coporate culture works. While I am supremely qualified in my industry, I will probably never get promoted. However, make no mistake, THAT IS GOOD NEWS! That means I can stop wasting my time trying to climb the corporate ladder and pursue truly promising paths.

In another course I learned the technical tools as well as the mindset needed to establish a corporate presence on the WWW. I am in the process of creating a blog that will help people find complete and financial fulfillment (these are NOT the same).

I have been exposed to concepts that have changed my life for the better forever.

Having said that, there is a cost behind the MBA that should not be overlooked: TIME. The time I invested in pursuing this degree did take a toll on my wife and me. She was very supportive. However, her sacrifice of me meant putting her own pursuits on hold. You must get the consent and cooperation of your family before you even consider matriculating.

Mentoring is a great idea! Our company has a sort of mentoring program. However, you have to be identified as having "high potential" before this can happen. So, you have to have highly devloped corporate networking skills before you can participate. Too political.

I consider FMF and a handful of other blogs my mentors. You can't underestimate the value of networking and mentors. It will definitely benefit you down the road of like, too. I'm fortunate to have benefited (and AM benefiting) from both approaches.

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