Thursday, March 12, 2009

When education is a waste of money...

I am currently finishing up my MBA at, what I will call, the University of Okoboji. Ever since my third semester of graduate school, I have felt that the college curriculum is easier than my core undergraduate classes. If I really wanted to take classes that were as easy as my undergrad program, than I would have gone back and gotten another undergrad degree. Okoboji only requires 12 classes to graduate, thus making the program feasible to earn a degree in a short period of time. The only reason I attended Okoboji is because the other colleges were too far away; even the tuition at Okoboji is outrageous for a private school. I am paying, out of pocket, while working full time, $20,000 to get an MBA that has the value of BS in Business.

How frustrating is it knowing that you are getting little out of the program when you are shelling out that much money? I could have transferred schools if I wanted to, but by then I have already wasted by money, since none of the credits will transfer. So, now I'm stuck in a program that offers classes such as statistics and economics which are easier than my core undergrad business courses. How are there still people that don't know what the mean of a list of numbers is, even after covering it for an entire week?? The only useful classes that offered some value were the capstone class and the marketing class. Other than that, it has just been an absolute waste of time and energy.

I know the college is catering to older students who are in their 40s, but there is no reason to dumb down the education and not make it applicable to today's business world. I really don't think it is too much to ask to make things relevant and valuable to furthering our education. If you compared the curriculum of the college to other local colleges, you would see that every other program is set up in tiers, where you are placed in a certain tier based upon what your undergrad degree was in and when you completed college. It allows students who have been out of college longer to get the additional courses they need, then start the real program. Instead, everything at Okoboji is watered down so that everybody can take the same classes.

I shouldn't complain, since an MBA will help me later on. But I can't hold back the fact that many professors have no outside knowledge outside of an academic setting. How can any of us learn anything useful if we can't apply it to anything?? In the end, I have not given positive reviews to my friends who are thinking of applying to Okoboji. If you want to spend $20K on an undergrad education, then Okoboji is for you!

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