Is An MBA Worth It?

You have probably heard that getting an MBA degree has some benefits. But you also know that enrolling in such a respected program often means plummeting into massive debt. As tuition fees have increased drastically since 2005, an assessment of the real value of such a fancy degree has become a must. Digging deeper into the most hyped benefits of an MBA degree… “MBA graduates get higher paying jobs than non-MBAs.” This is generally true. But it does NOT mean that the MBA is the cause of it. It’s like saying that people owning a Ferrari make more money than people who own a Toyota; it might be true but the Ferrari is not the cause of their wealth. Business schools admit mainly driven professionals who have already proved they can be successful regardless of having another degree. Several studies show that MBA programs, even from top-tier business schools, have little influence in people’s careers. Make sure you have a realistic idea of...
Read More