Anyone know anything about DeVry University? More specifically their MBA program? Do students get a good job upon graduation?
Re: MBA
The biggest factor is what are your career situation and goals.
the prestige factor is not there, and its also not accredited by AACSB, and the network of alumni not very strong. quality of faculty is generally debatable.
that being said, I have had colleagues who have done their MBA at keller school of mgmt of devry. These people usually were middle aged mid career ppl who were not being sponsored by the company for either an executive or a part time MBA program.
They were doing okay in career but needed to get the MBA, and it did help them in their career. as I said, it depends on what your career situation and goals are as well. the program seems to be designed for ppl already in the industry who want the designation to further their career.
I would recommend that if you have other options in your city, please investigate them as well. just so you can compare the two programs.
in the end though, from a career perspective not having an MBA is def a weaker position that a Devry (Keller) MBA.
The program will not be around if students were not getting jobs, if u let us know a little more of your current situation, education completed and goals, i may be able to give u some more ideas.
Re: MBA
I second X2's advice.
Devry hold a very narrow niche. There are plenty of better business schools that will fulfill your specific requirements. You did not mention your motivations for going to business school/career aspirations. Depending on your interests you may or may not need the MBA.
In any case, do an ROI (Return on Investment) calculation before you proceed. This is a great forum with folks like X2, Umar etc who can be very helpful.
Re: MBA
^ excellent suggestions... I would also add that for an MBA, you had better work in a management/semi-management position before getting into an MBA program to fully appreciate it and realize your potential. Many serious schools would actually require some managerial experience for this very reason.
Re: MBA
DeVry, and UofP both fall into this category... they are for-profit organizations at the core, and their target audience as pointed out is by X2 is middle aged executives.
I would recommend that if you are really serious about actually going to a good school, then be ready to relocate to the locality. I would not recommend distance learning (or online learning) if you do not have significant work experience. You need an in-class mentorship, and professional coaching plus a solid alumni network. Professional accreditation, if you have high aspirations, in my opinion is a must though some may disagree with that... When in Rome, do as the Romans do: You do not want to experiment with your life, so do what works :)
Re: MBA
I agree with both X2 and hypnotix…
In my own experience, Devry is often viewed similar to the other for profit, private schools such as Phoenix, Kennedy Western, and Kaplan. Furthermore, the negative stigma associated with online degrees aisn't going to be disappearing at least in the foreseeable future.
Also, the AACSB accreditation used to be something that only mattered to students who were considering further post graduate studies but more recently, I’ve read employment surveys where big companies like P&G, GE, and Intel have started to focus their recruiting efforts on schools that are accredited.
Overall, I would personally consider an MBA from a public/state University any day over an online MBA from Devry. This is however a never ending debate because if you play the ranking game, then Ivey grads will tell you that there’s little point in going to a state University for an MBA.
In the end, you need to take into account, your current career state and your objectives and aspirations from your MBA degree. It may just be the case that you don’t care about how popular a program or a University it, and you’re confident that your professionalism can carry you through after the MBA which may just be merely a stepping stone.
Re: MBA from Devry
As the saying goes: What goes up, must come down. UofP to pay a hefty fine for non-disclosure of recruitment practices to the USDOE; I am surprised it took so long. More on Google News (cannot post the URL since I am 22 posts shy of being considered "mature" on this forum lol):
PHOENIX (AP) — Apollo Group Inc., the for-profit company that owns the University of Phoenix, fraudulently misled investors in 2004 about its student recruitment policies, a federal jury decided Wednesday. The panel ordered the company to pay shareholders about $280 million. Jurors said Apollo officials "knowingly and recklessly" made false statements in a press release, a filing with the Securities and Exchange Commission, and four conference calls with market analysts. By doing so, jurors said, Apollo violated federal securities laws. The verdict, which comes after a two-month trial in U.S. District Court in Phoenix, specified that the company pay certain investors $5.55 a share. Phoenix-based Apollo, which reported $780.7 million in revenue in the first quarter, said it hasn't decided whether to appeal. "It's a shock, but we'll see where we go," said Apollo's Chief Financial Officer Joe D'Amico said as he left the courtroom. Shareholders claimed Apollo misled investors four years ago when it kept secret a Department of Education report that criticized the University of Phoenix's recruitment policies. The report, which was issued on Feb. 5, 2004, concluded that the University of Phoenix paid enrollment counselors "solely based on (the) recruiters' success in securing enrollments," which violated federal regulations. It added that the university systematically keeps its incentive-based recruitment practices hidden from the Department of Education. "Any reasonable investor, I assure you, would have wanted to know the existence of this report," Stephen R. Basser, an attorney representing shareholders with the policemen's annuity and benefit fund of Chicago, told jurors last week in closing arguments. The shareholders singled out former CEO Todd S. Nelson and former CFO Kenda B. Gonzales as the Apollo officials who failed to inform investors about the Department of Education's report. Nelson and Gonzales both left the company in 2006. Investors had demanded $5.55 a share in restitution, an amount company officials estimated would add up to $280 million. The jury agreed after only two days of deliberation. Jurors said the company should be responsible for 60 percent of the restitution. Nelson should be responsible for 30 percent and Gonzales should be responsible for 10 percent. It was unclear Wednesday whether indemnity agreements would require the company to pay Nelson and Gonzales' share. The lawsuit covers Apollo investors who owned stock between Feb. 27, 2004, the date of the company's first misleading press release, and Sept. 14, 2004, when news broke of the Department of Education report. Basser said investors will be repaid up to $5.55 per share depending on how long they held the stock after Sept. 14, 2004. Apollo investors have been notified of the lawsuit, and the plaintiffs will appoint an administrator to supervise individual claims, he said. The Policeman's Annuity and Benefit Fund of Chicago was the lead plaintiff in the case. Chicago Police Lt. James P. Maloney, a fund trustee and commanding officer with the department's financial crimes unit, said he hopes this teaches Apollo a lesson about corporate responsibility. "We deal with fraud, and this is what this was," Maloney said after the verdict. Apollo argued that the Department of Education report was largely false and based on anecdotal evidence. Therefore, the company said, its failure to disclose its existence to investors was not misleading. Nevertheless, the University of Phoenix agreed in September 2004 to pay the department $9.8 million to settle the matter. When news of the report was made public later that month, Apollo's stock dropped significantly. Wayne W. Smith, a lawyer for Apollo, told jurors in closing arguments that the report was "seriously flawed" and made the university look like a diploma mill. Last week, Smith showed jurors company documents that suggested the university's recruiters were not paid directly in relation to the number of students they signed up. The company said a number of factors determine recruiter salaries, including how well recruited students do in school, the retention rate of their students and how well the recruiter works with other school advisers. Smith also disputed claims by shareholders that the university was turning to unqualified students to keep their enrollment numbers high. "There's no benefit to the university for people who can't hack it," Smith told jurors. "They just take one class at a time, and if they drop out, they get a prorata refund." U.S. District Judge James A. Teilborg is expected to issue a judgment based on the jury's verdict. Apollo's lawyers have 10 days to ask Teilborg to throw out the verdict and order a new trial. Apollo stock dropped $1.36, or 1.7 percent, to $78.57 in trading Wednesday. They have traded in a 52-week range of $40.63 to $81.68.
Re: MBA from Devry
What about an MBA from Adelphi University in New York?
Re: MBA from Devry
Regionally accredited (MSACS)... That's good!
Professionally accredited (AACSB)... That's great!
Seems like a reasonable place to graduate from. What's the tuition?
Re: MBA from Devry
What about an MBA from Adelphi University in New York?
adelphi is not liek nyu or columbis etc so easier to get into, easier than hofsrta, st johns and pace..although not by much. the good thing is that the uni is fairly connected with NY institutions, with alumni working in many banks etc, and thus the placement is pretty good.
I always tell ppl, if you are going to a uni which is not in a major city then make sure its a good uni which has a good recruitment track record, e.g. cornell, michigan, notre dame etc.
if its a middle of the road uni, its much better to be in or close to a major city than be far, it would be easier to land jobs for an adelphi MBA in NYC than that of a Drake or Citadel MBA (although citadel does well with the military connections)
Re: MBA from Devry
fraudia bhai :)
Re: MBA from Devry
ji janab? aap ko bhi mba karna hay?
Re: MBA from Devry
nahi.
mujheye tow nahi kerna.
meye calculator kerte hoon. :>
aur meireye koe dividends nahi hein liquid.
meye economy of scale ko manti hoon.
market monolopoly ko nahi.
Re: MBA from Devry
Pir Saahab,
Ii would be great if we were to have a list of all universities considered MBA-wise good in your books... I'd suggest make a new thread titled "North American MBA Programs: Guppies' Seal of Approval", and make it sticky :D
adelphi is not liek nyu or columbis etc so easier to get into, easier than hofsrta, st johns and pace..although not by much. the good thing is that the uni is fairly connected with NY institutions, with alumni working in many banks etc, and thus the placement is pretty good.
I always tell ppl, if you are going to a uni which is not in a major city then make sure its a good uni which has a good recruitment track record, e.g. cornell, michigan, notre dame etc.
if its a middle of the road uni, its much better to be in or close to a major city than be far, it would be easier to land jobs for an adelphi MBA in NYC than that of a Drake or Citadel MBA (although citadel does well with the military connections)