IS AN MBA WORTH IT?

by admin ~ July 21, 2008

What is an worth? It depends. There is no one exact reply that applies to everyone. Career goals, personal circumstances, and occupational requirements are some of the major factors to consider.

Think of getting an as an investment and weight the risks and benefits accordingly.

There are several potential advantages in getting an :

Recognition from others and self-satisfaction in earning an advanced

Gain enhanced strategic thinking and managerial effectiveness

Higher pay than someone with less education

More upward job opportunities, particularly management positions

Larger professional network through faculty, fellow students, and others you meet while in an program

There are some potential disadvantages in getting an :

You may be considered by some companies, particularly the smaller ones, as too expensive

An may not be called for for your career goals

Emphasis on the might not be worth as much as years of experience to some employers

The cost of an is of its most daunting aspects. But, according to research conducted by Forbes, despite a shaky economy and job market, an M.B.A. still pays for itself in the distant term. The average date to recoup your investment is 3.1 years.

An MBA will improve your strategic-thinking skills, develop your leadership abilities, and foster managerial effectiveness. These are skills needed by every type of enterprise. If your career aspirations require the edge of an , it remains a good investment for your future.

Manik Thapar () http://www.careerpath.cc

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