Master Degree For Veterans – The MBV program first came on my radar when I first started running a blog. My initial impression of the program was not positive. I’m generally skeptical of one-year “executive style” programs for several reasons. The biggest reason is that I feel like universities are using these special programs as a cash grab. They target people who were not aware of 2-year MBA programs or were not able to participate in a variety of life lessons. In general, they do not offer scholarships, nor do they provide salary data, job placement rates, or career outcome information after the program.
Wow, with that negative trip out of the way, let’s talk about the MBV program. First of all, it is a good program and serves a good purpose. I am not dismissing the MBV program with the above flaws. I want everyone to understand the role of business school programs in the broader ecosystem of education. Remember, universities are a business.
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The MBV program is a once-a-year program specifically designed for veterans and active duty. It is designed to help fill the skills gaps that veterans experience when leaving the force. It is also a program that aims to maintain the camaraderie experienced by veterans. It connects to the strong network of Southern California and the USC school system.
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The show caught my attention before I even got my Sauron to glance at him (lol). It was published on Business Insider and CNBC. Which is great, but honestly who cares. The news media love feel-good stories about veterans. It’s like a puppy, it’s impossible not to love it.
I spoke for about an hour with James Bogle, the head of the MBV program. James has quite an interesting background, he was an FA official and became FAO, and he got a chance to spend a lot of time in Europe and DC, which I think is great.
A good profile of the program and its sources is available in a Business Insider article. I don’t really like to repeat things in pro forma. It is an interesting history and shows the power of planning in a country. Also, big congratulations to James and the state of California for doing this.
The MBV program was originally created to complement USC’s San Diego Executive Program. Noticed that a lot of military people from the neighborhood go to participate in the EMBA program. While commendable, this may not be the best fit for those service members. EMBA programs are specialized education programs designed for managers or vice presidents. Because these people know the basics and have more basic knowledge of the business, many basics are left out or taken for granted. Career growth is not so strong because these people already have extensive personal businesses. EMBA programs in general are about training to think strategically and motivate people. Which is great and all, but most veterans benefit most from being aware of the basics (in my opinion).
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The feedback the USC system received was that there was a need for a program that was a dirty business curriculum. Let’s get straight to the basics, BS. remove. Adapt the program to support regular MBA programs (of which there are many) and veterans. The purpose of the program is to facilitate career pivots and not lateral moves. It is more in line with an MBA program rather than an EMBA program.
Another concern that many military people have is age. MBA programs are typically targeted towards young adults (25-29) and people in their mid to late 30s, which may not be a good fit for young crows. I definitely think that an MBA program can be a shock to someone who stopped being wild and crazy a few years ago. It’s a college party atmosphere, but money and big career aspirations are at stake. It’s a bit like the Borg holidays, where young, smart, attractive and talented people come together. do the math.
What differentiates the MBV from an MBA program is that the program teaches the first year of a standard MBA program. MBV students do not specialize in finance, corporate strategy etc. The complete syllabus can be found here.
In general, the majority of students in the program work. The program schedule is structured similar to the EMBA program in the way classes are delivered. Classes are geographically dispersed throughout California and most students are physically separated during the week. However, there is no online teaching. Classes are held on weekends.
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Absolutely awarded MBV degree. There are a number of milestones you need to achieve to make the MBV program a success. Ultimately, people are appointed as senior advisors. A lot of change seems to be taking place in banking. Bank of America picked him up and brought him to a senior level.
Note: MBV applicants can request to waive the $155 application fee by completing the form from the link below. Applicants must submit a copy of their DD214 or military warrant.
An application for exemption must be completed prior to application submission. Click here for details on how to complete the fee waiver.
Applicants are encouraged to apply early, as the USC Marshall School of Business Master of Business for Veterans (MBV) is a competitive and selective program.
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The admissions committee examines each candidate on several dimensions, including past academic performance and experience in professional leadership. We are looking for students with the intellectual and interpersonal abilities to contribute to the classroom experience, excel in their studies, and have the leadership skills to succeed.
Interviews in the MBV submission process are a requirement for candidates who meet the program requirements and will be conducted by invitation only after full application review. USC Marshall School of Business conducts most interviews with applicants by phone or online platforms.
Career development, or as I like to call it “the only thing that matters”, is the #1 reason you’re dropping $60K on a degree program. If you want business connections just join the country club and go to the bar on NFL Sundays. seriously.
The main idea behind the career development in the MBV program is to give transformational service members a better head start in making connections and relationships than your average MBA student. This means there will be senior decision makers who are attentive to the idea of employing veterans and want to help. It is combined with highly targeted vocational education to effect career development and acceleration.
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The MBV program achieves this through an “advisory board”. Most are well-achieved business managers across the country who have a desire to help veterans succeed and move forward. They provide guidance, advice, and most importantly, connection.
General MBA career development revolves around resume review, interview preparation, hosting company visits, alumni involvement, campus career clubs, and campus recruiting. The MBV program provides similar support, primarily in the form of resume review, interview skills, and one-on-one counseling. Some assistance has come from the Marshalls’ Career Resource Center, although James did not provide further details on the details of that assistance.
In general, the program is designed to help students get out there and develop relationships. They have a website that allows connection between the advisory board and students. They also maintain several corporate relationships. Alumni references and connections complement the rest of the career development program.
Everyone adopts a business plan to influence some outcome of their career, right? So what about the career outcomes in the MBV program?
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James says that unlike most vocational programs, the MBV program does not publish career outcome data in the form of salary, job placement, etc. Collecting and publishing career statistics makes sense.
The estimated total cost of the program is $54,600. Costs include tuition, textbooks, class materials, parking, and other mandatory university fees. Accommodation is not provided and is calculated into the total program cost.
The USC Marshall School of Business does not offer scholarships or bursaries to any students in our fully employed programs. However, many employers participate in tuition assistance programs and there are many additional loan options available. There are three types of loans available to finance your MBV – Federal Stafford Loans, Federal Graduate PLUS Loans, and Private Loans.
I think this program is best suited for senior officers and NCOs who want to work in California. For most junior executives, the unstructured career nature of this program may make the job search more difficult than necessary. This is not a knock on the MBV program, but it is an acknowledgment of the type of candidate that MBAs are looking for during the admissions process.
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But the best way to find out is to ask the students and alumni themselves! Below are some video recommendations provided by the MBV website. You can find both former and current students
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