MBAIs it worth it?

Article by Melissa Korn

Only a small share of M.B.A.s are sponsored—at most do honor their contracts, employers and students say.

In exchange for tuition and, for some, living expenses, M.B.A.s must stay with the firm for two years after graduation

. Now, students tend to view their sponsorships as "a put option with cheap financing attached,”

MBA vs MSMBA IN TAXATION MASTERS IN TAXATION

Financial Accounting 3Business Communication I 0Business Communication II 0Information Systems for Managers I 1.5Fundamentals of Microeconomics 1.5Financial Decision Making 3International Business Fundamentals 1.5Management: A Behavioral Approach 3Service Operations I 1.5Marketing Management 3Applied Statistical Analysis for Business Decisions 3

Courses in Major (12 credits) Credits

Principles of Federal Income Taxation 3Corporate Taxation I 3Partnership Taxation 3Tax Procedures and Professional Responsibility in Tax Practice

3

Choose at least one of the two below:Business and Society 3Legal and Ethical Environment of Business 3Choose two from:  Fundamentals of Managerial Accounting 1.5Information Systems for Managers II - Managing and Harnessing Technology

1.5

Fundamentals of Macroeconomics 1.5Service Operations II 1.5

39

Financial Accounting 3

Principles of Federal Income Taxation 3

Corporate Taxation I 3

Corporate Taxation II 3

Partnership Taxation 3

Estate, Trusts, and Planning 3

Tax Procedures & Professional Responsibility in Tax Practice

3

Choose 3  International Taxation 3

Real Estate Taxation 3

Deferred Compensation 3

Consolidated Tax Returns 3

S Corporations 2

Estate Planning 2

State and Local Taxes 3

Current Problems in Taxation 3

Personal Financial Planning 3

30

MBA = Less Pay

A SMART INVESTOR WOULD SKIP THE MBA

FOR NEWLY MINTED M.B.A.S, A SMALLER PAYCHECK AWAITS

Invest in Yourself Skill Training Networking Classroom vs Hands-

On

Dale Stephens

MBA Job Market Decrease  Tuition and fees for full-

time M.B.A. programs has risen 24% over the past three years

For Graduates median pay was $53,900 in 2012

Average student loan debt climbed was $81,758 in 2010 (WSJ)

Ruth Simon

MBA Jobs

Qualifications The ideal candidate will have an MBA, plus 3-5 years experience in a business development, strategic alliances, management consulting firm or an internal consulting role (or 5+ years of experience in one of these roles in lieu of an MBA). In addition:Experience in the financial services, data analytics, payments, governance risk & compliance (GRC), trading analytics or targeted marketing space is highly desiredAdvanced degree from top-tier institution or experience equivalentProblem solving skills - Candidate must demonstrate the ability to identify key issues, gather data to investigate those issues and develop actionable recommendations.  Given a strong fact base, candidate should be able to maintain point of view in the face of resistanceAnalytical skills - Candidate must be highly analytical with experience in defining analytical approaches for projects and applying a range of analytical tools to synthesize insights and develop solutionsProject management skills - Candidate must be able to meet commitments and balance competing prioritiesCommunications skills - Candidate must possess strong written and oral executive-level communications skills, including the ability to quickly adjust message based on different audiences and agendas

Qualifications

• Solid industry and investment knowledge. Proficiency across a wide range of traditional and alternative Investment products. Clear awareness of key issues affecting institutional investors. A working knowledge of our competitors.• BA/BS degree in related field (Economics, Finance or Accounting). MBA/CFA is strongly desired• Has, or is willing to obtain, the series 7, 63, and 3 licenses.Competencies

The ideal candidate will possess the following skills/traits:• Self-managed, highly driven by relationship management and revenue generation.• Proven intellectual ability and interpersonal skills. Able to establish credibility with and influence the institutional investor community. • Highly effective in forging working relationships with team members and business counterparts.• Excellent verbal, written communication and presentation skills.• Strong time management, organizational and problem solving skills.• Strong professional and personal integrity.

OUR REQUIREMENTSTo qualify, you should have a strong business background and a personal history of success. You should be a self-starter, possess unequivocal honesty and integrity and be highly motivated in helping others achieve financial independence. Strong interpersonal and communication skills and FINRA Series 7 and 63 registrations are preferred. A background in law, accounting, banking, brokerage or executive management will be particularly useful. An advanced degree or designation (MBA, JD, CFP®, CPA, ChFC) is a plus.

Certifications & Licenses Verification of Skill

Recognizes professional achievement Recognizes professional competence

Economics Attracts Clients Career Advancement

Performance Improvement Cutting Edge of Development Enhanced Self-Esteem

The Value of Certification

CAP Certification NO CAP CAP

CAP Certification Fast Facts

May 2014 ExamsMay 3, 2014

Application Deadline: Feb. 15

Late Deadline: Feb. 28; with an additional $50 late fee

Exam Date: May 3 Exam Fees:

CAP Exam - Member: $275CAP Exam - Nonmember: $450

OM Specialty - Member: $175OM Specialty - Nonmember: $350

https://www.isc2.org/

http://www.payscale.com/index/US/Certification

$73.95 $4.99 Per practice test

FinanceRequirements:Results-driven, highly motivated self-starter who possesses integrity, a strong work ethic and the desire to help others plan for and protect their financial futures.Team player who possesses excellent interpersonal skills and communication abilities, with a high degree of self-confidence.Ability to draw upon past/present experiences and acquaintances to develop markets and build upon them to sustain long-term partnerships.Must be a US Citizen or permanent resident.A four-year college degree is preferred and relevant professional FINRA securities registrations are a plus. If you do not have the following, you will be required to attain them, under the sponsorship of AXA Advisors: state life and health licenses, FINRA Series 7 and 66 registrations or equivalent.AXA - Advisors, LLC

MBA vs CertificationFinancial Accounting 3Business Communication I 0Business Communication II 0Information Systems for Managers I 1.5Fundamentals of Microeconomics 1.5Financial Decision Making 3International Business Fundamentals 1.5Management: A Behavioral Approach 3Service Operations I 1.5Marketing Management 3Applied Statistical Analysis for Business Decisions 3Courses in Major (12 credits) CreditsPrinciples of Federal Income Taxation 3Corporate Taxation I 3Partnership Taxation 3Tax Procedures and Professional Responsibility in Tax Practice

3

Choose at least one of the two below:Business and Society 3Legal and Ethical Environment of Business 3Choose two from:  Fundamentals of Managerial Accounting 1.5Information Systems for Managers II - Managing and Harnessing Technology

1.5

Fundamentals of Macroeconomics 1.5Service Operations II 1.5

39

Business Communication IAccredited Customer Service Representative (ACSR)Information Systems for Managers IFundamentals of MicroeconomicsChartered Financial Analyst (CFA)International Business Fundamentals 1.5Certified Business Manager (CBM)Service Operations I 1.5Pragmatic Marketing Certified (PMC)Applied Statistical Analysis for Business Decisions 3

Certified Financial Planner (CFP)

Certified Fraud Examiner (CFE)

Certified Fund Raising Executive (CFRE)

CAPChoose at least one of the two below:Business CertificateBoard Certified Behavior Analyst (BCBA)Choose two from:  CMAInformation Systems for Managers II - Managing and Harnessing TechnologyFundamentals of MacroeconomicsService Operations II

Sources http://www.payscale.com/index/US/Certifica

tion http://zicklin.baruch.cuny.edu/programs/gra

duate http://www.proformative.com/resources/val

ue-certification http://online.wsj.com/news/articles/SB10001

424127887324296604578175764143141622

http://online.wsj.com/news/articles/SB10001424127887323884304578328243334068564

http://online.wsj.com/news/articles/SB10001424052702304732804579421513775874786?mg=reno64-wsj

Questions?