The main (and as far as I can tell, only) purpose in doing an MBA is to get ahead in business.
How far ahead depends on the quality of the MBA program.
If you go to Harvard or UPenn, you will almost certainly get a high-paying job at a highly desirable company.
If you go to state U, you are likely to get a middle management position with a local firm.
If you decide to get the MBA part time while working at a job in business, you will most likely move up in your current job.
2006-07-08 19:33:13
·
answer #1
·
answered by sfox1_72 4
·
1⤊
0⤋
The MBA has really become more of a "survey of business topics" than a specialized graduate degree (with the exception of MBAs geared toward a specific field like MIS or Tourism, etc).
This is actually good. Most people working for company get to know one area of the business well, but have no idea how the business functions as a whole. For example, if you work in the marketing department, you might not have any idea about budgeting, accounting, or managing people. This limits your potential to move to the highest levels of the company where positions typically touch more than one area - if you want to be the director of the marketing department, you will have to know about budgeting, accounting, and managing people.
You could spend years moving around the company gathering this knowledge through experience - a totally valid way to do things - or you can get an MBA.
The problem you face is that so many programs have popped up that it is hard to tell which ones are worth anything. Simply having the letters M.B.A. is no longer enough. You need to look for AACSB or EQUIS accreditation. If a school does not have that, stop there and look for a different program.
If you are planning to stay in the area where you currently live, ask managers at companies that you are interested in what their opinion is of the local programs available.
If you are thinking to move out of the area, you will need to exercise one of two options for best results: 1) Choose an absolutely top ranked program like the ones that a previous poster named because those programs are known through out the world or 2) Get your MBA in the place where you wish to live. The latter is the best option because it will be less expensive and easier to be admitted to a quality program. Also the contacts and the connections you make during the program will help you throughout your career. Remember the old saying about it being *who* you know...
Good luck!
2006-07-09 03:10:44
·
answer #2
·
answered by Zana 3
·
0⤊
0⤋