| What is an MBA worth? It depends. There is no one | | | | * Larger professional network through faculty, fellow |
| correct answer that applies to everyone. Career | | | | students, and others you meet while in an MBA |
| goals, personal circumstances, and occupational | | | | program |
| requirements are some of the major factors to | | | | There are some potential disadvantages in getting an |
| consider. | | | | MBA: |
| Think of getting an MBA as an investment and | | | | * You may be considered by some companies, |
| weight the risks and benefits accordingly. | | | | especially the smaller ones, as too expensive |
| There are several potential advantages in getting an | | | | * An MBA may not be required for your career goals |
| MBA: | | | | * Emphasis on the MBA might not be worth as much |
| * Recognition from others and self-satisfaction in | | | | as years of experience to some employers |
| earning an advanced degree | | | | The cost of an MBA is of its most daunting aspects. |
| * Gain enhanced strategic thinking and managerial | | | | But, according to research conducted by Forbes, |
| effectiveness | | | | despite a shaky economy and job market, an M.B.A. |
| * Higher pay than someone with less education | | | | still pays for itself in the long term. The average time |
| * More upward job opportunities, especially | | | | to recoup your investment is 3.1 years. |
| management positions | | | | |