Why I Decided to Obtain an Mba

In: Other Topics

Submitted By brinybop
Words 895
Pages 4
Decision to Obtain an MBA
MGT/521
October 12, 2012

Abstract

According to CBS Money Watch (2007) as it pertains to an MBA Degree, “ When it comes to the practical value of the degree, the once-lonely voices of dissent have, in recent years, grown into a chorus of criticism. Among their accusations: The degree is over-hyped, MBA curricula are out of touch with real-world demands, and many programs have a culture that turns a blind eye to cheating. If the business world starts paying attention to these naysayers, that $100,000 tuition or the decision to pay big bucks to hire an MBA may start looking like less of a sound investment.” Decision to Obtain an MBA

The decision for an individual to obtain his/her MBA can be both personal and professional. There are many negative connotations regarding the pursuit of an MBA.
There are questions regarding whether or not it increases the pay range of an individual with an MBA vs. those individuals without an MBA.
According to Brewer and Brewer (2012) “In a study involving MBA students,

Simmering and Wilcox (1995) identified five factors that largely influence the decision

to pursue the MBA graduate degree. These factors center around the personal prestige

associated with the MBA, career exploration opportunities, goals for developing and

improving interpersonal skills, entrepreneurial aspirations, and increasing career

mobility.”

The “[Graduate Management Admission Council] GMAC survey, found that the Class of 2011 went mostly (69 percent) into mid-level positions, with 21 percent taking entry-level jobs, 8 percent taking senior-level positions, and 1 percent taking executive spots. This is considerably worse than just a year ago, when entry- level positions accounted for only 17 percent of the total, 14 percent of the class went into senior-level…...

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