ROI of Coding Schools vs. MBA(findinbay.blogspot.com)
findinbay.blogspot.com
ROI of Coding Schools vs. MBA
http://findinbay.blogspot.com/2013/04/roi-on-mba-vs-coding-schools-which-is.html
1 comments
I think these are fair points, and building on those points, doesn't it support that traditional 4-year and 2-year degrees may not be delivering education as valued by the market place? I can add that - at least for the current market - coding school graduates are finding jobs at the published market rates with relative ease ... in the Bay Area as you note. Can't comment for elsewhere.
Those are good points. I think the analysis tries to challenge the assumption that an MBA is the ticket to a good future. Today in the technology world thats not true anymore and there are alternate ways for people to learn and advance, i.e. coding bootcamps.
> This means we'll be comparing tangible stuff ... not the intangible things like network or personal growth, etc. No one should care about the intangible stuff anyway ... but that's a separate debate.
When this is coupled with:
> Get an MBA? Let's take the Rolls Royce of Business Schools - Harvard Business School (HBS)
and the bit about the coding school:
> This varies by program from around $10k to $20k, but let's use an approximate mid-point at $15k for the program duration, which is generally about 3 months.
It becomes an entirely apples-to-oranges comparison.
In order to get into HBS, you've most probably already spent 4 years at a top-tier university; you also probably have a decent network. Sure, there are exceptions to this, but it's probably not the majority of cases.
So, we're talking about a 4 year investment in an undergraduate degree, plus a top-tier business school versus a 3 month investment in a coding school. I'm not sure that this comparison is entirely useful. A more apples-to-apples comparison might be to compare a top-tier engineering school (undergrad + meng) to a top-tier university + an MBA.
The other issue that I have is the assumption that a coding school will yield a well-paying job in the Bay Area. I'm not agreeing with the fact that candidates from top-tier universities fare better chances, but it might be reality.