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Not in advertising.
The only way it works is if you get one at a school that is a “credential” vs merely a “ticket punch” — AND if you can parlay that into a consulting firm or client side product management position .
Is pesto still in fashion?
Never. Went. Out. Fight me
My understanding is that it’s pretty useless in marketing, even on the client side. If you decide to pivot to another business field like business consulting or finance, then you should most certainly see an uptick in pay. If you get an MBA only to go back to the marketing world, you’re likely to see very little, if any, return on your investment.
Like, how small are we talking? 🙄
I see the typo. Smallest should have been smartest. 😊
I have an undergrad in creative writing and an MBA. I’m not going to say it got me more money in the long run, but I have some skills that other creatives don’t and I do think that helps. If I didn’t have an undergrad in creative writing it probably wouldn’t have been that beneficial.
You may be able to negotiate full or partial tuition reimbursement with your current agency or a future one.
Be careful, often times there are terms and conditions. For example, they may require you to pay back all the tuition if you leave within a year. Unfortunately, even if you’re laid off.
It’s also a trap in that they know you want to advance—and you finish the program, but there’s no opportunity available. They know you’ll start looking—you might be on the “list” come layoffs.
My friend went back for her MBA and now uses it all the time. She was in the agency side for many years. Now as a client she looks so smart in meetings, to the executives and says she uses it all the time. It was a lot of work, but it pays back all the time.
What do you mean by she “uses it all the time”? How does one “use” a degree in one’s day to day job?
It used to be the thing to have client-side, and more valued in the US than the rest of the world. I started one and quickly quit. I don’t think it’s worth it these days... no one cares anymore unless they’re antiquated in their values. I’m not sure how you would ‘use it’ on a daily basis unless you had no business clue whatsoever.
I think it depends on your role and the meetings you are involved in. She now has a full toolbox and is the smallest person in the room. She also chose wisely on the school, didn’t take the one with the most pedigree but one that had a good reputation and best fit with her. She graduated Top in her class too. She was already smart. Now she is a genius!
I would not have done it, but I am proud of her!