ROI of Coding Schools vs. MBA

http://findinbay.blogspot.com/2013/04/roi-on-mba-vs-coding-schools-which-is.html

by startuup • 13 years ago

3 3 13 years ago

findinbay.blogspot.com

hoov• 13 years ago

I'm not sure that this analysis spot on.

> 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.

startuup• 13 years ago

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.

dklounge• 13 years ago

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.

ROI of Coding Schools vs. MBA

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