The Benefits of an
MBA Education
An MBA is a professional
degree. It will help you accelerate your business career and it will also create many
opportunities for career switches into highly-sought-after positions in
consulting, investment banking, and venture capital.
In two years, you will become well versed in such areas as
finance, management, marketing, and strategy. You will also learn a whole new
way to analyze business issues and you will be exposed to powerful techniques to
help sell yourself to your full potential.
If the economy is not
showing signs of accelerating significantly anytime soon, then these two years
(assuming you attend a traditional two-year, full-time MBA program) sharpening your job skills, improving your résumé, and expanding your network
looks even more attractive.
In addition to giving
you additional career flexibility and helping you switch occupations, an MBA
from a top business school will increase your earnings potential by over 150%.
It's pretty tough to do that by staying with your current employer for an
additional 2 years!
MBA Choices: Full
Time, Part Time, or Executive
Each of these 3 program choices has its benefits and drawbacks. Going full time will allow you
to concentrate more fully on your class work. It will also make a summer
internship (which can be critical in executing a career switch) crucial.
Part time programs can
be less intensive depending on the workload from your employer. The income can
also make the entire experience less financially stressful and many employers
will cover the tuition costs.
The executive MBA
program is best suited for applicants with more senior level work experience.
The classes are taught at the "50,000 foot view" instead of the
"10,000 foot view" used in the part time and full time programs.
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