How to spot a vanity credential

209 418

Posted Feb 06, 2012 20:47

"ZLOG's degree is granted by the University of Zaragoza. MIT also issues a certificate upon completion of the program but it it not an MIT degree"

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maubia

209 418

Posted Feb 06, 2012 20:54

"The average median salary upon graduation for last years' class was $111,000"
The level of salary was often dictated by level of prior professional experience, as well as location.
[2018] MIT MIT: by the way, that's a 75% increase over the incoming class' salary

"The average median salary upon graduation for last years' class was $111,000"
The level of salary was often dictated by level of prior professional experience, as well as location.
[20:55:18] MIT MIT: by the way, that's a 75% increase over the incoming class' salary

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maubia

209 418

Posted Feb 08, 2012 19:47

Hi,
next Monday I ll have a talk with the program manager of the ZLOG program (Actually I m not interested but she was so kind ...:-)
If someone of you have any questions, please let me know!

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Duncan

13.776 15.332

Posted Feb 08, 2012 22:05

If its not too naive a question.... Why is the average salary so much higher than that of MBAs in Spain? Any hypothesis?

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maubia

209 418

Posted Feb 08, 2012 22:17

i ve got the answer.... The average I was given yesterday is the MIT SCM avg!!!!

http://scm.mit.edu/recruitment/placement_statistics

For ZLOG, official website says
http://mastersupplychain.edu.es/careers/placement

Actually, those results are not much different from IE (as from their brochure)

80% of students had one or more job offers by graduation
Average compensation package: ?69.000 ($99,000)
50% changed country of residence from before the program

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Sparks

26 52

Posted Feb 09, 2012 23:06

I wouldn't say so: no certificate, after all ;-)

Very true about the certificate! It's a shame to see MIT creating an academic-looking certificate for a non-examined course.

If it was an academic credit-bearing course, earned through examination or dissertation, then certification seems fair to me.

To be fair, the programs you guys are talking about in this thread are "executive education" courses, rather than MBA programs. These are usually short classes that employees take to surgically improve specific skills (leadership, management, etc.) As opposed to MBA programs, companies often cover the costs so that their employees can perform better.

In terms of expectations and outcomes, they differ vastly from MBAs.

Yes, exactly right. Most of these don't have certificates that look like faux qualifications. They look good on a CV for what they are: training in a specific area.

I recently had chance to participate in an executives event in London. I used the chance to test the credibility of various schools by casual chat with senior exec people - mostly Brits.

My finding are really interesting ..

1. People have no clue of what MIT means
2. Business school means to them is LBS and HBS
3. Top university means to them is Oxford, Cambridge, LSE, Imperial, UCL, Durham, St Andrews, Edinburgh.
4. Nearly none of them have a masters degree let alone MBA.
5. Very few have attended some short exec courses at LBS/CASS
5. The one's who have MBA have a great respect for LBS and Cranfield
6. Networking - "The single most skill" used in their success at every stage.

My experience is the same as this. Many senior managers have risen through the ranks without an MBA. Very high fliers may not have needed an MBA, if their career was progressing rapidly. And if you've never considered doing an MBA, how would you be expected to know about business school rankings?

<blockquote>I wouldn't say so: no certificate, after all ;-)</blockquote>

Very true about the certificate! It's a shame to see MIT creating an academic-looking certificate for a non-examined course.

If it was an academic credit-bearing course, earned through examination or dissertation, then certification seems fair to me.

<blockquote>To be fair, the programs you guys are talking about in this thread are "executive education" courses, rather than MBA programs. These are usually short classes that employees take to surgically improve specific skills (leadership, management, etc.) As opposed to MBA programs, companies often cover the costs so that their employees can perform better.

In terms of expectations and outcomes, they differ vastly from MBAs.</blockquote>

Yes, exactly right. Most of these don't have certificates that look like faux qualifications. They look good on a CV for what they are: training in a specific area.

<blockquote>I recently had chance to participate in an executives event in London. I used the chance to test the credibility of various schools by casual chat with senior exec people - mostly Brits.

My finding are really interesting ..

1. People have no clue of what MIT means
2. Business school means to them is LBS and HBS
3. Top university means to them is Oxford, Cambridge, LSE, Imperial, UCL, Durham, St Andrews, Edinburgh.
4. Nearly none of them have a masters degree let alone MBA.
5. Very few have attended some short exec courses at LBS/CASS
5. The one's who have MBA have a great respect for LBS and Cranfield
6. Networking - "The single most skill" used in their success at every stage.

</blockquote>

My experience is the same as this. Many senior managers have risen through the ranks without an MBA. Very high fliers may not have needed an MBA, if their career was progressing rapidly. And if you've never considered doing an MBA, how would you be expected to know about business school rankings?

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vivekd

11 22

Posted Feb 09, 2012 23:15

Exactly

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vivekd

11 22

Posted Feb 09, 2012 23:15

And if you've never considered doing an MBA, how would you be expected to know about business school rankings?

Exactly. You hit the right spot. Business schools are a business sector themselves, ranking only makes sense to their target customers who are students, academics, trainers, admission consultants, few consultancies who rent their "consultants" to their customers based on brands/ranks.

I am sure I sparked a "huge fire" here and ready to listen people view :-)

<blockquote>And if you've never considered doing an MBA, how would you be expected to know about business school rankings? </blockquote>
Exactly. You hit the right spot. Business schools are a business sector themselves, ranking only makes sense to their target customers who are students, academics, trainers, admission consultants, few consultancies who rent their "consultants" to their customers based on brands/ranks.

I am sure I sparked a "huge fire" here and ready to listen people view :-)

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Inactive User

2.941 1.801

Posted Feb 10, 2012 18:59

Yes, exactly right. Most of these don't have certificates that look like faux qualifications. They look good on a CV for what they are: training in a specific area.

And also, these certificate programs are often paid for by employers. They realize that they're valuable in terms of helping their employees develop specific skills. This is much different from MBA programs, which are usually paid for by individuals rather than companies.

<blockquote>Yes, exactly right. Most of these don't have certificates that look like faux qualifications. They look good on a CV for what they are: training in a specific area.</blockquote>
And also, these certificate programs are often paid for by employers. They realize that they're valuable in terms of helping their employees develop specific skills. This is much different from MBA programs, which are usually paid for by individuals rather than companies.

quote

Inactive User

1 1

Posted Feb 11, 2012 15:29

Any one looking for International MBA (1 year duration)

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maubia

209 418

Posted Feb 15, 2012 17:47

Hi,
next Monday I ll have a talk with the program manager of the ZLOG program (Actually I m not interested but she was so kind ...:-)
If someone of you have any questions, please let me know!

Requirements:
GMAT: not a mininum requirement but avg is 680-690
TOEFL: >103ibt
Loan: full loan with no co-signer for international students

People with IT background often end up in project management positions (or consultants)
Several companies go to campus
Oppurtunity to benefit from network and companies linked to MIT

<blockquote>Hi,
next Monday I ll have a talk with the program manager of the ZLOG program (Actually I m not interested but she was so kind ...:-)
If someone of you have any questions, please let me know!
</blockquote>

Requirements:
GMAT: not a mininum requirement but avg is 680-690
TOEFL: >103ibt
Loan: full loan with no co-signer for international students

People with IT background often end up in project management positions (or consultants)
Several companies go to campus
Oppurtunity to benefit from network and companies linked to MIT

quote