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What Is an MBA Degree? (What You Learn & WHY Employers HIRE MBA Grads!) 

Richard Walls - Career Dev & Finance
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1 окт 2024

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Комментарии : 639   
@RichardWalls
@RichardWalls 3 года назад
🙌🙌🙌QUESTION: What do you think of the MBA degree and do you think its as valuable today as it was 10 - 20+ years ago? If you have one, did it meet your expectations as far as giving you the tools and credentials to advance your career? Leave a comment down below! 👇👇👇
@rebeccaramirez-
@rebeccaramirez- 3 года назад
I believe its even more valuable then 20-30 years ago. I dont have my MBA yet. Im on the first pages of my MBA i found your channel when i made my final quality decision to continue on my journey earning my business degrees. After looking at many mba videos i found your's to be more no non-sence information bases and explaination. Because of that i decided to subscribe to your channel. Please dont change the content im finding it very helpful to my journey
@zechariahm.s8576
@zechariahm.s8576 3 года назад
@@rebeccaramirez- all the best to you
@wellsincewerehere773
@wellsincewerehere773 2 года назад
I believe the MBA is now the standard as I see bachelors going the way of high school diploma. 20 years ago an AA was all that was required. Bachelors was standard and masters were way fewer than today. I see doctorates increasing in fields of STEM becoming more valuable for big tech
@faithizehi2790
@faithizehi2790 2 года назад
Hi Richard Can someone with a third class get an MBA
@lllow7931
@lllow7931 11 месяцев назад
​@@faithizehi2790hi there, I recently signed up for an MBA. From my experience, they require a 2.5 and above. I got in with a second lower class, supplemented by my stronger results in the A Levels/ SACE. However, I read about another condition where they let people above the age of 30 enter with some years of working experience.
@o.h.w.6638
@o.h.w.6638 3 года назад
Doing my MBA now. It’s SO incredible just wish I did it earlier in my career! I’m loving everything about it. So much respect for MBA grads. It’s TOUGH.
@RichardWalls
@RichardWalls 3 года назад
Congrats on making that happen! Which one did you go with?
@SimpleAbundance
@SimpleAbundance 2 года назад
Working on my general mba program. I haven't taken classes in ten years. Just finished my first class and it was pretty difficult lol, MBA 3060 Managerial Accounting 😅
@ganeshasam6686
@ganeshasam6686 2 года назад
@@RichardWalls As a BSC IT Student.. from India, what subject should I go with?
@vdaesshopping7244
@vdaesshopping7244 2 года назад
Is MBA equals to a Bsc ?
@ganeshasam6686
@ganeshasam6686 2 года назад
@@vdaesshopping7244 howw.. MBA is matsers degree while BSC is bachelor degree 👍
@jolheels21
@jolheels21 2 года назад
MBA is definitely worth it. The connections I've made (professors, class, alumni), to doors opened for job make it one of the most transformative experiences in my life.
@RichardWalls
@RichardWalls 2 года назад
That's fantastic to hear - congrats!
@kvin9210
@kvin9210 2 года назад
Yep
@kvin9210
@kvin9210 2 года назад
Where did you go by the way?
@jolheels21
@jolheels21 2 года назад
@@kvin9210 I went to Duke Fuqua
@FactNight
@FactNight Год назад
From which college did you complete your mba?
@romnickmontemayor7464
@romnickmontemayor7464 3 года назад
MBA is very worth it, and you will learn so many things. I will be graduating by October 2021 as MBA. Thank God!
@RichardWalls
@RichardWalls 3 года назад
Home stretch! Good luck finishing it out!
@shannonconner9850
@shannonconner9850 3 года назад
I will be as well with a double concentration in healthcare and Financial management. Its been a trip but hopefully one that will pay off!
@wickmantaylor6366
@wickmantaylor6366 3 года назад
Congrats bro
@hanahodzic177
@hanahodzic177 3 года назад
I enrolled MBA today and I'm starting in October 2021. So excited!!
@RichardWalls
@RichardWalls 3 года назад
@@hanahodzic177 congrats & good luck!
@RocJr357
@RocJr357 2 года назад
MBAs are making a resurgence with the older generation retiring. I also found one of the most important classes you will take is organizational behavior. The ability to understand and work with people in organizations
@RichardWalls
@RichardWalls 2 года назад
Agreed - very important!
@CeeDub_91
@CeeDub_91 2 года назад
I’ve just completed my MBA - Leadership degree and it has already brought a lot of value to my career due to taking classes regarding organizational development
@jfen1494
@jfen1494 2 года назад
@@CeeDub_91 good stuff
@SlametNurhadi
@SlametNurhadi 3 года назад
I am 42 and now taking MBA because it's needed when we are in management level. My college background is mechanical engineering. Hopefully I can graduate in 2022. And also, taking MBA will open our network widely. Thanks Richard for the explanation...
@RichardWalls
@RichardWalls 3 года назад
Thanks for the comment, Slamet - great to hear and good luck finishing your MBA!
@AmericanEnglishConversations
@AmericanEnglishConversations 3 года назад
Richard Walls - Career Dev & Can you share with me PowerPoint presentations or PDF of the content of the subjects that you saudíes in the MBA? Please, I would give my e mail, i just want to study more
@BigRonJ77
@BigRonJ77 2 года назад
Engineering and MBA is the best combination, you’ll do great things!
@jonathanhabtegiorgis6010
@jonathanhabtegiorgis6010 2 года назад
do you have a LinkedIn? I'd love to connect and ask you about your experience. I'm getting my bachelors in electrical and computer engineer, and I'm thinking about getting my MBA as well
@yavuzselimdemir1829
@yavuzselimdemir1829 Год назад
Thank you. I have the same background and thinking about bce I want to go from just Engineering to Management
@jonathantinsman4439
@jonathantinsman4439 2 года назад
I completed my MBA at UCLA in 2021 with a specialization in Technology Management. My undergraduate is in Computer Science and my goals align towards Director of Technology and later CIO or CTO. I loved the program at UCLA and made a lot of great connections, but most of all, I learned a lot. Much of what I learned in my courses I was able to turn around and immediately apply it to my position at the time. Very tough coursework for sure, but the benefits are worth it. I took on a new position early last year and asked my boss if my MBA played a factor in my hiring (I wanted to know my ROI) and he said that it was a factor in why they offered me the position.
@RichardWalls
@RichardWalls 2 года назад
Hi Jonathan - that's fantastic! Congrats on completing the MBA and the new role! Always great to hear stories like that, especially for folks watching this video that are considering an MBA.
@shashankn4895
@shashankn4895 2 года назад
are u from a CS background?
@kvin9210
@kvin9210 2 года назад
Congratulations on your MBA. UCLA is a very great school.
@FLawLesSTaStE
@FLawLesSTaStE 3 года назад
Richard great video brother. I have a question tho, I really wanna own or lead big companies in future, innovation + leadership. I really do not know what I like or wanna do in business. I do not like paperwork, more doing stuff and planning and working practically with team towards the goal. What economic degree would suit me best MBA or something else?
@RichardWalls
@RichardWalls 3 года назад
Thanks for the comment! MBA would be the best option for well-rounded business sense.
@DividendBull
@DividendBull 3 года назад
Getting an MBA degree is not worth it for the majority of people. It's only worth it if you get into a great school, if your employer pays for it or you have an impressive resume already. While working in the investment and banking industry I worked along side people with MBA's who were making less than 50k. Employers care so much more about your work experience rather than your highest degree completed. I'm not saying don't go for it, but if you do be EXTREMELY careful and do a TON of research. Avoid low ranking and for profit schools. Just my two cents, thanks for the video!
@RichardWalls
@RichardWalls 3 года назад
Thanks for the comment! Agree for the most part and work experience is still king. I think the trouble people run into is expecting that the MBA will be a surefire way to accelerate their career, and that certainly isn't the case. Like any other educational investment, it's about what time and money you're putting into it, what you actually plan to do with it, and most importantly, *how* you use it to better market yourself and your skills.
@JP-rc2bz
@JP-rc2bz 2 года назад
The "you" is a critical part of post MBA financial outcomes...and MBA does not mean an automatic pay increase. You sometimes have to follow the work and what you want out of work/life. The local market makes a massive difference too. 150k salary in the bay area is not the same as a 150k salary in Arkansas.
@jaimesmith1086
@jaimesmith1086 Год назад
Why isn't MBA worth it for majority of people (just curious).
@Liliana5353
@Liliana5353 3 года назад
I’m currently in a fast paced one year MBA program at a AACSB accredited institution. So far, my experience has been positive and I see value in each class. My advise for people looking at the degree is to do your research on the different programs out there and understand the time commitment that will be required. I’d say that if you’re willing to put in the time and effort that is required, an MBA might be for you, but if you think it’s an easy way out, save your money and do something else.
@RichardWalls
@RichardWalls 3 года назад
Thanks for the comment, Lily! And complete agree about the time commitment and the fact that it's not just an "easy button" to press for career advancement.
@marksalotsalot
@marksalotsalot 3 года назад
*advice *an AACSB
@markraymundcastro2713
@markraymundcastro2713 3 года назад
What's your school?
@elizaleke8373
@elizaleke8373 2 года назад
@@marksalotsalot accreditation for business schools
@knutlundstromsvahnqvist423
@knutlundstromsvahnqvist423 2 года назад
Hi, ultimately I am looking to get my MBA, but I am only an undergraduate. For your undergrade, how important did you find your major? As a undergrad I will earn a BSA, but wondering how important the actual major was
@wealthautomations
@wealthautomations 2 года назад
I definitely recommend an MBA it’ll help you in the long run once you get that experience! For the entrepreneurs out there it helps as well imo depending on much you want to scale. I own a small assisted living facility and a lot of lenders I talk to say an applicant with an mba in healthcare immensely increases their chances of funding.
@RichardWalls
@RichardWalls 2 года назад
Hi James - thank you for the comment! And really interesting point on your specific case where the MBA in healthcare helped w/ funding. There are probably more examples of this in other fields.
@bengertzz
@bengertzz 2 года назад
How do you start a assisted living facility? I’m a cna and thinking about going to school for business related course and maybe create my own business.
@d.l.9453
@d.l.9453 2 года назад
I got my MBA, and from a well respected school too, but I would caution everyone who thinks it is the Golden Ticket. No matter how good it is to have an MBA--and it's a good thing to have, don't get me wrong--nothing, but NOTHING trumps applicable experience in the job market! Those who tend to benefit the most from earning an MBA are generally those working there way up in their current organization or industry or those who can leverage a new MBA to get into the consulting field, where newly minted MBAs tend to make good money and learn highly coveted experience. Food for thought.
@RichardWalls
@RichardWalls 2 года назад
Great comment - agree!
@thomasaquinas5262
@thomasaquinas5262 3 года назад
My proudest achievement in school was getting an MBA. That does not imbue you with 1,000 of winning ideas for business success. Quite the contrary, it kind of squelches ideas...BUT it saves you a fortune, too. All the mistakes that naïve people make, such as poor investments, poor 'advisory services' paid for, useless goodwill purchases...we avoid all of that and keep ourselves upright and in the black. The MBA gives you your own counsel, just short of an attorney or a CPA, so you can count on someone trustworthy, i.e. you...
@RichardWalls
@RichardWalls 3 года назад
Good points!
@noore5090
@noore5090 3 года назад
I’ve worked at agencies in digital marketing where we’ve said NO to graduates with MBAs, even from some of the best Ivy League schools. Reason why was, they didn’t have the knowledge to actually do the technical work needed. That’s definitely a reason why I didn’t want to get my MBA, cause I saw it as not necessary. But, it wasn’t until about 5 years where, I’ve realized that an MBA will allow me to learn more about management and to communicate better to the C-Suite. An MBA to me, is worth it, if you have a foundation to build off of, and your MBA can support it. Having a BA and MBA with no experience... equals to no success -> just entry level work. *** Side note... a BA can lead you to become an executive/VP/C-suite employee over time if you learn that stuff/are-trained at the workplace.
@RichardWalls
@RichardWalls 3 года назад
Thanks for the perspective, Noor! Agreed!
@doniyorsaidov7824
@doniyorsaidov7824 2 года назад
Hi Noor E i read your comment. Can you advice me what major i should choose for masters degree. Im interested in marketing but i studied water resources management for undergraduate. I have no knowledge about marketing. What should i do whether i choose marketing or mba marketing. Actually even i dont know what is the difference between them
@FactNight
@FactNight Год назад
Where are you from noore❓
@ImbuwaImbuwa
@ImbuwaImbuwa 22 дня назад
In my case I have studied Agriculture -Animal Science Major. I worked for an NGO and rose through ranks to Branch Manager but it so happened that I couldn't see eye to eye with the new CEO and COO I decided to resign after 5years of experience in Microfinance. Now am in a different field but I feel I need to do a business program and am thinking of Project management, Business Management or Business Administration. Advise
@savannahnalls2099
@savannahnalls2099 3 года назад
My work is completely paying for my MBA, so it is worth it to me. But honestly if they weren't offering to pay for it I probably wouldn't do it.
@RichardWalls
@RichardWalls 3 года назад
Yea, almost a no-brainer if company is willing to pay for it. Otherwise, need to spend alot more time reviewing the ROI.
@kingsolomon0
@kingsolomon0 3 года назад
Ha ha ha ha 😂😂😂😂
@unityaboriginelove6595
@unityaboriginelove6595 3 года назад
My job is paying for my MBA, too. I agree with everything you said.
@rosalynchandler3114
@rosalynchandler3114 3 года назад
This was so helpful, Thank you so much !. I have an interview this week for Medical School and I am going for my MD and MBA. This was a great video for me to get my thoughts aligned and to prepare for when they ask me why I want both degrees.
@RichardWalls
@RichardWalls 3 года назад
Thanks for the kind comment, Rosalyn! Glad you found it useful, and best of luck on your interview!
@hablacesar7785
@hablacesar7785 3 года назад
I was accepted into Johns Hopkins MBA program! Excited to start this fall. Great video man, I learned a lot of new info that I didn't know. Thanks!
@RichardWalls
@RichardWalls 3 года назад
That's fantastic - great school! Congrats and good luck!
@mrmrjims3865
@mrmrjims3865 2 года назад
Paying yourself?
@alona724
@alona724 4 месяца назад
Report back! How did you like the program? Was it as beneficial (so far) as you’d hoped?
@awturbosp
@awturbosp 3 года назад
Great video. I received my MBA in 2017 and am now going back for an MS in Business because of a cost opportunity and the fact that you get 2 grad certs during it. A video comparing an MBA to an MS in Business would be interesting.
@RichardWalls
@RichardWalls 3 года назад
Thanks for the comment! Worth a look, although I don't know how beneficial it would be to get an MS in Business, particularly when an MBA degree has quite a bit more recognition and is a degree that doesn't require explanation to employers.
@awturbosp
@awturbosp 3 года назад
@@RichardWalls you’re right, so I guess it’s not worth an in depth comparison. I wouldn’t be getting the MS if it weren’t for the large discount and the 2 grad certs.
@uniqwiab8679
@uniqwiab8679 2 года назад
Why not just go for data certifications?
@papaaddo6270
@papaaddo6270 2 года назад
@@RichardWalls Richard great video. I’m a bit late to the video but I hope you see my comment and give me an answer. I’m a medical doctor and own a real estate business. I’m thinking of applying to university to study MBA. Do you think it will be beneficial or you will recommend another course all together???? In your video you focused a lot on people looking for jobs.
@MONEYANDTIME
@MONEYANDTIME 3 года назад
Very comprehensive review of MBA shared. Thanks.
@RichardWalls
@RichardWalls 3 года назад
Glad you found it useful!
@mr.j3371
@mr.j3371 3 года назад
I'm getting my MBA from my state school, OSU, and I like what you said about adding a specialization to stand out among other MBA candidates. I was thinking along the same lines and decided that I am getting a concentration in marketing analytics as well.
@RichardWalls
@RichardWalls 3 года назад
Hi Gladson - marketing analytics is a great choice! And also your school just beat my Longhorns over the weekend. Our football team is in a...challenged place, to say the least. 😆 Best of luck in the program!
@jandrex007
@jandrex007 2 года назад
Hhahaha the joker with MBA corporate slaves are every where now
@mr.j3371
@mr.j3371 2 года назад
@@jandrex007 😉
@bloop8051
@bloop8051 Год назад
I thought about doing the concentration in marketing, but since I currently work in finance, I don’t think they will honor the tuition reimbursement program at work. So I might keep it general and choose one or two electives from marketing.
@mr.j3371
@mr.j3371 Год назад
@@bloop8051 you can still do the concentration. An mba is broad in business knowledge so you could pick up the concentration, just don’t tell management that you focused in that speciality 😉
@sebomitregiet.9507
@sebomitregiet.9507 2 года назад
I'm currently a business administration student and this video give the reasons why I need to study MBA degree in the future.
@RichardWalls
@RichardWalls 2 года назад
Hi Regie - glad this video helps!
@Anna-qo2tr
@Anna-qo2tr 2 года назад
Thank you, very informative content. I have just graduated with 4.0 from one of Louisiana’s Universities. I also have an Associate degree in Accounting, but now leaning towards data science. I appreciate the information you have provided, particularly, on one of Louisiana’s programs.
@RichardWalls
@RichardWalls 2 года назад
Thanks Anna! Glad you found it useful! Congrats on graduating with such a strong GPA! 🙂
@badis6862
@badis6862 Год назад
I don't have it and fuck the job market, I have already suffered to get my master Degree
@zechariahm.s8576
@zechariahm.s8576 3 года назад
I have to yet gain experience but I want to start my preparation now slow and steady for LBS MBA. How would you suggest I strive forward. I have an engineering degree so I am.not versed with business terminologies etc.
@RichardWalls
@RichardWalls 3 года назад
Hi Zechariah - of course get work experience, but you may want to explore some business courses on online platforms like Coursera or EdX, as time allows, so that when you apply for MBA programs, you'll have a better idea and understanding what you'll be taught in class.
@zechariahm.s8576
@zechariahm.s8576 3 года назад
@@RichardWalls thank you for your reply sir and will definitely look into it
@brandonjuarez2457
@brandonjuarez2457 Год назад
You realize that you expanded the words incentives matter into:”every decision a company makes or that a team within a company does so with a specific outcome in mind 😮
@mrmrjims3865
@mrmrjims3865 2 года назад
The best is to join Mckinsey when you just graduate with a BSc, they will pay a full MBA if you agree to come back to work for them a few more years, and knowing that you worked for McKinsey it's pretty much guaranteed to be admitted to Harvard, Standford, Kellog, Berkley, Georgetown, etc.
@RichardWalls
@RichardWalls 2 года назад
That's a good path if you can get into McKinsey and have them pay for an MBA!
@JG-Photography9590
@JG-Photography9590 5 месяцев назад
This is very helpful. I am about to start the MBA program with emphasis in Healthcare Administration in a few months. I have a nursing background and my goal is to get up the ladder of the healthcare organization I am in. I am a bit nervous and excited because all my life I have my emergency nursing background but on the side I am an entrepreneur and I mostly have basic accounting, marketing and finance knowledge. Thanks for this video!
@Mav0585
@Mav0585 3 года назад
My MBA will be from a top 25 program (EMBA), and will be paid for by the Army, I think that makes for a worthwhile experience and ROI :). The EMBA part I’m a little nervous about since I am using the degree to pivot to a new type of role.
@RichardWalls
@RichardWalls 3 года назад
Hi Matthew - that's awesome, and good on you for pursuing the MBA! Anytime education can be paid for by someone else, absolutely take it - don't leave the money on the table! And EMBA should be totally fine. Best of luck!
@Mav0585
@Mav0585 3 года назад
@@RichardWalls Thanks!
@TheWealthPrince
@TheWealthPrince 3 года назад
I am thinking of doing an MBA next year, but it might still be a bit early as I don't have a lot of work experience. Graduate level degrees are also a lot more expensive than bachelors, andI graduated without debt purely because of my sports scholarship.... I will see what I do. Thank you so much for this vid🙏
@RichardWalls
@RichardWalls 3 года назад
Glad you found it useful! Would highly recommend checking out my videos on my online MBA experience. Currently going through University of Illinois at Urbana-Champaign program, which is just $22K for a globally recognized brand name. There are a number of affordable options out there, but depends on your career goals and what you want out of the program.
@ungorilaenrd
@ungorilaenrd 3 года назад
Master business administration vs master in international business... what would you rather? Leave your comment below
@RichardWalls
@RichardWalls 3 года назад
Would prefer an MBA with a concentration/specialization in IB. 😀
@markgriffiths6988
@markgriffiths6988 3 года назад
@@RichardWalls Just applied for 2 MBAs and that's what I'm doing. My foreign languages and my experience working in 4 countries go well with that IMO.
@faitie6970
@faitie6970 2 года назад
@@RichardWalls Can I actually have that???
@mohdamilhussain8080
@mohdamilhussain8080 2 года назад
Hi... Can you Help me?? i am completing my bachelor course in pharmacy and now i am very confused weather i go for master in pharmacy or MBA in pharmacy or Normal MBA.. Really need a advice and help.. thank u
@RichardWalls
@RichardWalls 2 года назад
Hi - depends on your career goals. But I'd recommend getting a few years of experience in your field before pursuing an MBA, if you want to go that route.
@AngelisaAustin
@AngelisaAustin 3 года назад
Thank you for sharing this video. I have a BFA in marketing & design and an MBA specializing in Management. I've had both of my degrees for 5+ years now. I am innovative motivational visionary with many ideas. I am not a fan of paperwork. I'm more functional and a strategist. Finding a career has been a challenge in that many employers want someone with experience or not willing to negotiate salary. My question is how do you gain experience if you are not given the opportunity to exemplify your KSA's? And with the current plight of things, and student debt, I want to avoid working in deficit. I mean why should it cost more to get to a job than what my take home pay would be. Hope I'm making sense. All the best to you and everyone. Stay safe and be well.
@RichardWalls
@RichardWalls 3 года назад
Hi Angelisa - if you don't have any work experience, you'd need to look at entry level positions. MBAs are helpful typically only if you have experience to go along with it, which is why it's very uncommon to pursue an MBA right after undergraduate school. Alternatively, you can do freelance consulting work to gain experience and build a resume that way. Upwork and Fiverr are two platforms to check out to connect w/ others than need work done.
@kyleighparker2743
@kyleighparker2743 2 года назад
I’m getting my MBA with an accelerated program. It definitely was the best decision I ever made.
@RichardWalls
@RichardWalls 2 года назад
Thanks for the comment Kyleigh! What does your career path look like? What do you plan to do w/ the MBA after earning it?
@aleesap8944
@aleesap8944 2 года назад
Hi Kyleigh! What school are you attending? I am in the process of searching for programs.
@nutanregmi7720
@nutanregmi7720 2 года назад
23 and Doing Mba anyone??
@jettywetty9398
@jettywetty9398 4 месяца назад
I’m highly Interested In getting an MBA for the Business Skills 🖊 as a Whole.
@mrmrjims3865
@mrmrjims3865 2 года назад
What do you think about "Quantic Business School" MBA, it's 10k only, I've started it but there are no assignment or group assignment or live lecture it's a simple choice of question answers that you keep trying until you get right.
@RichardWalls
@RichardWalls 2 года назад
Hi - I go into more detail about Quantic in a separate video on my channel you can check out. Content and delivery is pretty good, just don't know how many doors it would open for you in your career.
@StockPlug_
@StockPlug_ 3 года назад
Great channel Richard keep it coming new supporter here let’s grow 🚀
@RichardWalls
@RichardWalls 3 года назад
Appreciate the support!!
@SuperBigshot99
@SuperBigshot99 Год назад
"close to the six figures". shit LASD Deputies making six figures with a high school degree
@RichardWalls
@RichardWalls Год назад
That's one route to 6-figures!
@reymundomarquez4284
@reymundomarquez4284 2 месяца назад
Do I need to have a bachelors in business before I apply to MBA programs? Or can I apply to a program wish a different bachelors? I have my bachelor’s in nursing
@RichardWalls
@RichardWalls 2 месяца назад
Nope - which is why I recommend MBAs often, as it is a way for someone without a business background to get up to speed and become more competitive in the job market. Although an MBA application is likely stronger with an engineering bachelors degree, for example, there are plenty with a variety of unrelated degrees that go on to earn an MBA.
@reymundomarquez4284
@reymundomarquez4284 2 месяца назад
@@RichardWalls awesome. Thank you. Now last question are there prerequisites to take prior or is that dependent on the school. I know for Physicians assistant and even nursing schools you can get your BSN and apply to their program but you have to have certain classes done prior to the program. Wondering if this is the same thing.
@mariah7167
@mariah7167 Год назад
Hello Richard! I start my MBA program next month with two specialties in Enterprise Risk Management and Insurance. I’m also applying to law school next year. I’m a licensed property and casualty adjuster, life and health insurance agent and paralegal. I feel an MBA will give me an advantage working with insurance defense law firms. Thanks for the explanation.
@RichardWalls
@RichardWalls Год назад
Sounds awesome, Maria! Best of luck!
@shinkwrloggie7579
@shinkwrloggie7579 3 года назад
Hi, thanks for this video! Question: I come from a technical background and, since I am passionate about business, I am considering to complement my stem degree with an mba. My main concern is that, career progress apart, the content of the typical mba seems to be mainly about business common sense. I might be wrong. Do you think that the informations you learn in such programs are valuable even if you already have a decent level of business acumen and knowledge about the basics of finance, accounting and marketing?
@RichardWalls
@RichardWalls 3 года назад
No problem! An MBA would be a great complement to a technical degree or experience. Although you may have good business acumen, unless you have plenty of experience that you're able to communicate, an MBA is likely going to be an easier path as employers have a general understanding of what you bring to the table from a business acumen standpoint.
@rebeccaramirez-
@rebeccaramirez- 3 года назад
Thank you for this informative explaination of the MBA.
@RichardWalls
@RichardWalls 3 года назад
Thanks Rebecca, glad you found it useful!
@jordanclaudio6352
@jordanclaudio6352 3 месяца назад
Is it worth doing an MBA with a mechanical engineering bachelor’s degree?
@RichardWalls
@RichardWalls 3 месяца назад
Absolutely! Having an engineering education and background is one of the best foundations to couple with a business degree. You'll be one of few - to pair technical know-how with business acumen is the best possible combination for future career prospects.
@luke12689
@luke12689 2 года назад
Do you have an MBA? Before i start watching this?
@RichardWalls
@RichardWalls 2 года назад
Just completed my program this past December. I've got a whole series on my channel discussing my experience with it. 🙂
@jaimesmith1086
@jaimesmith1086 Год назад
@@RichardWalls how did you like the UIUC online MBA program? I hear people tend to discourage online MBA as the value of an MBA is the network, brand/alumni & in person MBA at top ranked MBA programs tend to be the way to go (again just what I see referenced online).
@King-qr1ck
@King-qr1ck 3 года назад
I misspelled nba and it bringed me here so hello how are you
@RichardWalls
@RichardWalls 3 года назад
This video was meant specifically for people misspelling NBA, so hope the content helped. ;)
@supriyomondal8829
@supriyomondal8829 2 года назад
I have completed my bachelors and Masters in Chinese language & culture and now planning for an MBA. I'm quite confused. Oh by the way I have worked in mobile phone industry for around 3 years and particularly worked in product & consumer research for a lot of time.
@RichardWalls
@RichardWalls 2 года назад
Hi Supriyo - thats a great background, especially for global companies that do business in/with China! What are you confused about in planning for an MBA?
@batoolshabareq718
@batoolshabareq718 2 года назад
I take MBA online now ,actually I don’t know where am I ,because my bachelors was in English literature online and MBA also online from bahcesehir university and I don’t have any work experience at all , I don’t know what should I do after graduation.،Dear experts any advices ?
@RichardWalls
@RichardWalls 2 года назад
Start applying to roles, but you'll likely be at an entry level role without any work experience.
@AngdendiSherpa
@AngdendiSherpa 3 года назад
I completed my MBA program in 2020. It was a great experience to meet new people who have a luxurious background. I work now as a senior accountant but have no use of MBA experience so far.
@RichardWalls
@RichardWalls 3 года назад
Good to hear! At minimum, the MBA will always be there - never know when it could come in handy in the future.
@AngdendiSherpa
@AngdendiSherpa 2 года назад
@@RichardWalls Thank you.
@FactNight
@FactNight Год назад
Hey bro i want to do RU-vid as my full time job & later start a business but I'm really confused should I do mba or not? Should I give my 2 yrs & huge some of the money on mba Or not! Or should I focus on my 2 RU-vid channels? What are your thoughts?
@wuJuu31
@wuJuu31 4 месяца назад
​@@AngdendiSherpawhat is your situation now?
@lu-dx6oh
@lu-dx6oh 3 месяца назад
skip to 2:04 this dude waste a lot of time
@arnobmitro9400
@arnobmitro9400 2 года назад
I am very much interested in the stock market and money market. Though I have completed my graduation in Biotech. Can you please suggest to me which course will suitable for me?
@RichardWalls
@RichardWalls 2 года назад
Hi Arnob - I've got a few videos where I talk about Coursera.org. I'd recommend checking that out for specific courses on investing. Edx.org and Udemy are other great platforms for that content as well.
@CreativeuTuberIndia
@CreativeuTuberIndia 2 года назад
I completed btech in 2020 I’m working now as contract basis in bosch package was 2.64lpa Now I joined mba should I do mba with job or mba full time please suggest me I’m fully confused
@RichardWalls
@RichardWalls 2 года назад
Hi - depends on your goals and financial situation. But I think anytime you can continue to earn an income while pursuing an education, you get best of both worlds.
@christinemarie6976
@christinemarie6976 Год назад
I know too many people with MBAs who can't tell their ass from a hole in the ground.
@CareerXskills
@CareerXskills Год назад
I've completed BBA and MBA in Accounting & Information Systems.
@RichardWalls
@RichardWalls Год назад
Nice - congrats!
@joneslettli6541
@joneslettli6541 3 года назад
Hi! I believe that an MBA could be a great supplement and a career-enhancer for certain types of jobs. I'm a norwegian guy, educated as a cook/chef, got a 2-year lower engineering-degree in food-science (mainly biologi and chemistry courses, with economics, marketing and leadership) and recently I finished law-school wich is a 5-year integrated masters degree over here. I've always had fulltime jobs on the side of my education (except from law-school where I worked 40-60% on the side). The main problem I've had with getting leadership-positions has been my lack of leadership-experience. And without that, I dont really think an MBA would help out a lot, because I would struggle to get the jobs where I actually could use and apply the knowledge I would gain by getting an MBA. The leadership-segment is competetive, and besides the qualities needed to get and keep a good managerial position, I feel like one would benefit from actually lacking several human traits, like compassion, honesty and dignity. This is oftenly an undercommunicated aspect when concidering wether you should get this type of a degree or not. Some people simply dont have the stomack to do what's necessairy to get there, regardless if they do or do not have an MBA. Personally, I've seen numerous (especially younger) leaders, continously taking credit for other peoples work, putting blame for their own mistanke onto others and so forth to create an image of being perfect, to persuade their superiors that they are indeed the one who is the most fit for leadership of the group. So to sum it up. I really do believe that the first step should be to get some leadership-experience, before deciding wether an MBA is something you should get or not.
@RichardWalls
@RichardWalls 3 года назад
Thanks for the comment, Jone!
@vuyisekaluphuzi8249
@vuyisekaluphuzi8249 Год назад
I’m glad I found this comment. I’m also a chef wanting to further my studies in corporate law and was looking into the MBA to see how it could benefit me. But thank for pointing out that I should rather start with getting a leadership position.
@the100kphotographer
@the100kphotographer Год назад
I have a BS in comp sci and was a software engineer for 3 years. Then i ran my own biz for 2.5 years and now work as an engineer manager. Im considering getting an mba but very undecided...
@VifferDude
@VifferDude 2 года назад
If you're an American wanting to study an MBA defect to Australia. No, seriously, $200k? WTF?. $30k here in Australia and the government will even give you a low interest loan that doesn't require repayments until you're earning over $50k.
@RichardWalls
@RichardWalls 2 года назад
Hi Peter - there are a number of good options for MBAs under the $30K mark here in the US. I've actually got another video on that very subject! But always worth exploring schools from across the globe.
@JB-ej2qy
@JB-ej2qy 6 месяцев назад
I understand not not all MBA’s are equal but how can you tell what’s good or bad? My son is finishing his finance degree next year in Ohio. Case and Ohio State are ranked high but his school JCU is not ranked high but it is a good school. Should he go for ranking or stay at JCU MBA school?
@dariustang9670
@dariustang9670 2 года назад
Just a heads up, you might seem overqualified too for a job if you have an MBA degree. This can lead to difficulties when finding work, just something to keep in mind.
@RichardWalls
@RichardWalls 2 года назад
Hi Darius - thanks for the comment. I've heard that from time to time. Worth noting that one should pursue an MBA w/ a goal in mind and typically after having had 5+ years of work experience, so one shouldn't be applying to entry level roles after MBAs.
@cookiejoanna
@cookiejoanna 2 года назад
I'm doing a Master's of Science (Msc)in Management studies. The courses are similar to that of an MBA... data analytics, hrm, marketing, finance etc. Would I have the same job prospects as someone with an MBA ?
@RichardWalls
@RichardWalls 2 года назад
Hello - I'd say an MBA is often more desirable and shows up more often in job listings. That said, it depends on the school you're getting the degree from. An Msc from a top business school would likely yield better prospects than an MBA from a less well known program.
@cookiecie
@cookiecie 3 года назад
Thank you for the information! My question is: i'm a accounting student and i'll graduate next year, but i have plan to continue my education. Can i apply for MBA degree without experience? Hope you can answer this, thank you!🥺
@RichardWalls
@RichardWalls 3 года назад
Hi Devy, Yes, you can still apply to MBA degrees, but may have a far more difficult time getting accepted depending on where you want to go. It's recommended you get some years of work experience first. Plus, getting an MBA right after undergraduate degree won't help you as much with a job after since you still wouldn't have work experience.
@cookiecie
@cookiecie 3 года назад
@@RichardWalls Oh i see, thank you for the answer!
@beats4life971
@beats4life971 3 года назад
@@cookiecie Get the CPA. wait on MBA and work.
@cookiecie
@cookiecie 3 года назад
@@beats4life971 Ah thank you for the advice!☺️
@beats4life971
@beats4life971 3 года назад
@@cookiecie regular MBA is pointless unless it's from the ivy league. But the EMBA is much much better after you have worked for 10 + years. I worked in investment banking, FAANG and Big4 Consulting.
@hhhhh176
@hhhhh176 3 года назад
Is it different to take MBA in 1 or 2 years?
@RichardWalls
@RichardWalls 3 года назад
Hi! Not sure of your question - different in what way? You still would get a degree in either case, though most schools typically run a 2 year program, where some allow completion in as little as 1 year, or as long as 3 years.
@Snappers1_
@Snappers1_ 3 года назад
I do have a question! Do you think my Cybersecurity background can be beneficial towards an MBA program (like Organizational Leadership or Business Analytics)
@RichardWalls
@RichardWalls 3 года назад
Hi Pikachu - yes, that's a great background to have. The MBA will be a good tool to help you move to management as well. Also, if you want to evolve to Raichu, it does require a few years of experience, but the MBA cuts that down in half.
@JP-rc2bz
@JP-rc2bz 2 года назад
One of my MBA cohort mates is a cybersecurity consultant and all of the major tech companies want him. That tech + business combo is a definite winner right now. Especially as cybersecurity moves to the forefront of the layperson. Customers WILL DEMAND it. And people with the training and competencies afforded by an MBA can communicate the value to company executives at companies of ALL sizes.
@ridinrancher9443
@ridinrancher9443 11 месяцев назад
I live in small town and have some business ideas that I feel will help improve the community as a whole. Will an MBA give me tools necessary to properly talk to the right people and complete the right paperwork to get started? I understand the MBA will help afterwards in operations and functionality. 🙏
@RichardWalls
@RichardWalls 11 месяцев назад
Would not recommend an MBA for that - plenty of resources available for free online to help you explore business ideas or how to get one started.
@patricecervantes1676
@patricecervantes1676 2 года назад
I am exploring the idea of starting my MBA but I’m more interested in the entrepreneurial side of business such as investing, start ups, process strategy. I feel like I sort of pigeon holed myself with my undergrad as a Nonprofit management and leadership major and I’m struggling to figure out what the best graduate program is for me so I don’t make that mistake again. Any advise?
@RichardWalls
@RichardWalls 2 года назад
Hi Patrice - if you want to go the entrepreneurial route, you can do so without an MBA. Or if you still wanted an MBA, find an inexpensive option. That said, There's alot of free education out there on business start ups, so I would recommend looking online first. There may be some certificates that are far less expensive that you can earn that could give you an advantage if you end up not pursuing an MBA.
@rlouie05
@rlouie05 5 месяцев назад
Some of us took prep courses for the GMAT and never scored over 600, thus we've put MBA dreams on hold for a very long time. Now I'm a new parent and as the family's primary earner, how do some of us go about earning a respectable MBA that isn't too costly, let alone something that can be done relatively quickly?
@clu8688
@clu8688 2 года назад
Do you have any insight on the MBA program at Colorado State University?
@RichardWalls
@RichardWalls 2 года назад
Hi - the school itself has a good brand, well recognized. Their MBA seems like it'd be a solid option if they meet your criteria for pricing, curriculum, career goals, etc.
@liberoAquila
@liberoAquila 4 дня назад
Keep in mind an MBA has to be from a semi-respectable program to make it worthwhile not Capella. Also, STEM background helps.
@americannomadnews5370
@americannomadnews5370 3 года назад
Elon Musk just said in the video that I cannot share the link to you that I can't share with you that he thinks there are two many MBA's in business.
@RichardWalls
@RichardWalls 3 года назад
🙂 Yea, I did watch that and see the comments. I don't disagree with the spirit of his comment, which is companies should focus more about creating the best possible products and services that deliver the best value, when sometimes companies, at times, spend a disproportionate amount of time on the minutiae of the business *in lieu of* the former , which is only valuable if you have a worthwhile product/service in the first place. That said, there's always a need to rationalize the business, understand financial modeling and forecasting, supply chain, etc...and presentations are the way to tell those stories (and to influence) to key stakeholders, both internally and externally.
@samuelsulaimanbah263
@samuelsulaimanbah263 3 года назад
I have a bachelors degree with honors first class in political science, I love to do an MBA masters is it ok
@UR.Facts.O
@UR.Facts.O 8 месяцев назад
I have done my graduation in 2002 can I do my ma
@RichardWalls
@RichardWalls 8 месяцев назад
Sure!
@imfanzz1
@imfanzz1 2 года назад
I have a question. I’m getting ready to finish my undergrad in BA, and work as a work study in the admissions department. I’ve been offered a GA position in admissions that covers full tuition. But from I’ve seen others in the comment say is it’s really not worth it if you have no experience. I don’t see myself pursuing a career in higher education but getting grad school fully paid for will be hard to pass up on. Any tips would be greatly appreciated!
@RichardWalls
@RichardWalls 2 года назад
Hi - I'd say it depends on the school that you're getting free tuition for. If you're being offered a full ride at Harvard for an MBA, get it whenever you want. That said, getting an MBA without work experience, in the majority of cases, is not going to be helpful and won't really open many doors to jobs that ordinarily might go to MBA graduates. You'll still be competing for entry level jobs.
@stefandimitrovdimitrov8002
@stefandimitrovdimitrov8002 Месяц назад
I am not sure if MBA is right for me due to the Economics background I don't have.I have a BA in ''Bulgarian and English philology'' and I am looking for a MA program or online course in Public Relations or Digital Marketing.I think these programs are easier.
@kennethhuang1973
@kennethhuang1973 2 года назад
I am now have my MBA course in China. That's pretty good. Besides of professional course we will have, we can make a acquisition in the school.
@RichardWalls
@RichardWalls 2 года назад
Nice!
@PoloML
@PoloML 3 года назад
wowww this vid was something I needed! thank you for the great content
@RichardWalls
@RichardWalls 3 года назад
Thanks - glad you liked it!
@johnpikathemusician271
@johnpikathemusician271 2 года назад
I have a certificate, associates and almost going to graduate with a bachelors in BA. I dunno about MBA though oof
@RichardWalls
@RichardWalls 2 года назад
Hi John - would be worth exploring after a few years of work experience to see if you're progressing in the way (and at the rate) you want to see if an MBA makes sense.
@ManiacChannel2695
@ManiacChannel2695 Год назад
im graduadating on nov on master on business administration on management. what jobs i can get? help me find a job
@xuyongsg
@xuyongsg 2 года назад
Accounting, Finance, Marketing, SC, Process Management, Organziation, Leadership
@RichardWalls
@RichardWalls 2 года назад
Good list!
@IKI11I
@IKI11I 2 года назад
Hey man. I have been working in the field of criminal justice for 4 years and have my bachelors in CJ as well. I really want to change industries and am interested in accounting and eventually being a CFO. I’m 27 years old, and have been accepted into an online MBA program that will take me one year full time. I am planning on concentrating in accounting. My question is, having completely irrelevant experience and undergrad, where can I expect to wind up after I receive my MBA in accounting? Can I at least expect a 60-70k salary job to start? Thanks for your time
@RichardWalls
@RichardWalls 2 года назад
Hi KP - answered your question I think in a separate comment. I would say that's a reasonable expectation in terms of salary. You'll likely be in an entry level accounting role, however, but the MBA should help in terms of salary.
@karl-lo1up
@karl-lo1up Год назад
At least
@bateman1441
@bateman1441 2 года назад
Hey brother i have completed bachelors of engineering in computer science and now I want to take MBA. do you think it's worth it?
@RichardWalls
@RichardWalls 2 года назад
Hi - it's worth it only after you've had at least 4-5 years of work experience. Doesn't add much value without that.
@fatimalopez3095
@fatimalopez3095 2 года назад
Such a great video! I graduated with a Hospitality and Tourism Degree two years ago and I’ve been in management for this field for a few years now. Now, I want to change industries and go into finance. Do you think it would be ideal to get an MBA or an MS in Finance? I don’t have any experience in finance so although I have management experience I know I would still have to start off at an entry level position.
@RichardWalls
@RichardWalls 2 года назад
Hi Fatima - thanks for the comment! If you know for sure that you want to go into finance, then an MS in Finance would be appropriate. Leverage that to get an internship and experience if possible, and look into full-time roles after. Don't necessarily think you'd need to start at entry level, but that depends on the company and specific role.
@lunam7249
@lunam7249 Год назад
finance...get a series 7 +63 stock broker license and start makeing real money😢😂🎉😂
@thanhtamtrannguyen3044
@thanhtamtrannguyen3044 2 года назад
Do you think it’s better to have a degree in business first then an MBA as like an add-on so that I can get a better salary in that specific field? Or just an MBA-focused is enough? I’m planning to study Business Administration for 4 years but i dont know if I can get a job after graduate
@RichardWalls
@RichardWalls 2 года назад
Should be able to land a job with an undergraduate degree in business. Would recommend that and get a few years of work experience before thinking about an MBA.
@mhlongothokozane3220
@mhlongothokozane3220 3 года назад
I'm looking for personal tutor for MBA models ...
@emirhamarat3287
@emirhamarat3287 11 месяцев назад
It is only because employers need people who learned to laugh better but when it comes to work they sucks and intervenes geniuous engineers job and mess things up.
@AdrianFI
@AdrianFI 8 месяцев назад
I currently working in Deloitte, I'm an industrial engineer, I am thinking in applying to a MBA in Europe or maybe Canada or USA but I am quite afraid of quiting my job I dont know if would worth it
@RichardWalls
@RichardWalls 8 месяцев назад
Would recommend exploring some online MBA options where you can continue to work and earn experience. You're already at a company with a strong brand and presumably good prospects; if you intent to stay there, an online MBA would be the ideal option. If you're looking to make a career or company switch, a full-time on-campus MBA would be an easier path for that to happen.
@AdrianFI
@AdrianFI 8 месяцев назад
@@RichardWalls great advise!! Thanks
@gideonsimon9204
@gideonsimon9204 День назад
As an engineer, MBA or MSc Engineering Management, which is more appropriate?
@solomonmoses5805
@solomonmoses5805 7 месяцев назад
Hi , Is a online Global MBA program from University of western Australia(UWA) worth doing ?
@abdifatahali9546
@abdifatahali9546 2 года назад
what is MBA degree? More importantly
@CEA9234
@CEA9234 2 года назад
Hmmm thoughts on an engineer getting an MBA?? I'm electrical engineer thinking of getting one. My thoughts is just that it would open doors to more senior level jobs higher pay and I would go the route of technical marketing, supply chain or just engineering management. Always at a tech company where I can still leverage engineering degree to be of more value. I think marketing at apple lets say would pay exceptionally well. As would a sales engineer or some business-tech Hybrid at a electronics distributor.
@RichardWalls
@RichardWalls 2 года назад
Hi Christian - engineers w/ an MBA is probably one of the best work/degree combos out there. Would certainly open more doors. You have the benefit of having had a very technical degree + work experience, w/ a comprehensive business education of an MBA. You'd really be at an advantage!
@jaimesmith1086
@jaimesmith1086 Год назад
@@RichardWalls Sundar Pichai (google/alphabet's CEO) had the same combination. Technical engineering degree with an MBA. Rose up the ranks.
@fernando3061
@fernando3061 2 года назад
It's funny he's like "it should be pretty well known" in terms of what an MBA degree is. But to me it's the vaguest most nondescript degree in existence. That's why I came here, I've read 5 articles and I still have no idea what an MBA actually is.
@RichardWalls
@RichardWalls 2 года назад
Maybe a bit of bias on my side since it's a common degree to pursue in my field. Short of it is, it's an education of general business operations across marketing, finance, accounting, process management, team work, and leadership.
@fernando3061
@fernando3061 2 года назад
@@RichardWalls That makes sense. At the time I said that because I wasn't aware of how many sub disciplines I guess you'd call them there are within an MBA. There are so many different types and so many different jobs available to MBA's that initially it was a bit confusing. But yea fair point.
@Efkarpidis
@Efkarpidis 2 года назад
I’m thinking about going to an MBA seminar, which is around 10 grand, do you think it’s worth it I am an equity day trader… But I know in the long-term eventually I’m going to be simply just an investor with the capital leverage that I’ve created through all the years of daytrading… But I feel like you can’t go wrong with an MBA seminar because all you’re dealing with companies all day… But anyways what are your thoughts?
@cammacleod3152
@cammacleod3152 11 месяцев назад
Am I able to earn my MBA without a business degree my background is architecture but throughout my experience I have learned I like the business side and management side which lead me to this video
@domwings4329
@domwings4329 2 года назад
One class away from completing my MBA debt free. Almost time to make more than 38k a year
@RichardWalls
@RichardWalls 2 года назад
Nice - congrats in advance!
@OGKreacts
@OGKreacts 7 месяцев назад
Do you need prior university degree in order to get an MBA or you can jump from Bachelor degree to MBA?
@davidleebradford3126
@davidleebradford3126 Год назад
Currently in the process of getting my B.S. in I.T. I’ve always had an interest in tech and business stuff. So I plan to get my MBA because I think it’ll be the perfect twist of the two fields. Do you think this is a smart decision?
@davidleebradford3126
@davidleebradford3126 Год назад
Also I’d like to add, 18 of my 60 credits from my Associates were business electives (made the last minute decision to go for my BSIT instead of BSBA)
@RichardWalls
@RichardWalls Год назад
Hi David - I think that'd be a great option! Very useful to have a technical degree combined with an MBA.
@adelegend3142
@adelegend3142 2 года назад
Very insightful video as an 18 year old who is long term career planning. If there’s any way to reach out to you personally I would love that!
@damodaraomalley3974
@damodaraomalley3974 3 месяца назад
very well put thank you. MBA, project management or commerce?..... 36 been welding for over 10 years, and ready to get out there and give a real go!
@tharutae9553
@tharutae9553 2 года назад
I'm doing ba in English literature..Is it possible to do MBA after
@RichardWalls
@RichardWalls 2 года назад
Hi - I'd strongly recommend getting some years of work experience before pursuing an MBA.
@tharutae9553
@tharutae9553 2 года назад
@@RichardWalls okay! Thank you sir
@tharutae9553
@tharutae9553 2 года назад
@@RichardWalls sir,then what kind of work experience should I get.I mean what kind of job? I'm confused sir
@xrisan8osproto
@xrisan8osproto Год назад
" I will explain what an MBA is" next sentence : "by now it should be well known" . Smooth
@RichardWalls
@RichardWalls Год назад
😂
@ehsan83
@ehsan83 3 года назад
excellent video Richard, could you tell me the difference between MBA and EMBA? Thanks a lot
@RichardWalls
@RichardWalls 3 года назад
Hi Ehsan - I've got a video coming out in the next two weeks explaining the difference. Short story is EMBA is a part-time MBA designed for working professionals that are more senior in their career (avg work experience of 14 yrs). Classes typically held on weekends.
@serialkiller288
@serialkiller288 2 года назад
Im so glad i changed russian for MBA as a subject i will do exams of next year
@RichardWalls
@RichardWalls 2 года назад
Best of luck!
@SohadAlrashedy
@SohadAlrashedy Год назад
Thank you so much for this video. It was very instructive.
@RichardWalls
@RichardWalls Год назад
You're very welcome!
@scholarlyanalyst7700
@scholarlyanalyst7700 Год назад
@@RichardWalls What sounds harder to your "ears"? 1. Certified Public Accountant or 2. Masters Degree in Statistics?
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