In the world of business, having an MBA is undeniably extremely valuable – MBA degree holders are very educated individuals who are likely to earn more thanks to having completed the programme. However, doing an MBA may not be for everyone. As with everything in life, there are pros and cons, advantages and disadvantages to undertaking this course – EDUopinions is here to guide you through the ups and downs of completing an MBA.
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- Business school is the best place to improve yourself and gain some strategic business knowledge and skills.
- It is also the best place to build a professional network of the biggest and brightest minds in business (depending on the business school you at which enrol).
- Having an MBA also opens doors to many job offers you wouldn’t have gotten with your undergraduate degree.
- You gain credibility in the business world because businesses trust that MBA-holders are people who have business knowledge and skills that can help them make strategic business decisions.
- People with an MBA tend to earn much more than bachelor’s degree holders.
- It equips you with the ability to adapt to the changes that always occur in different business marketplaces.
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- Business school can be very expensive.
- Your ROI might not be equal to your investment.
- Higher earning is not guaranteed.
- You might not be able to build the right connections and network that will end up helping you in the future.
These advantages and disadvantages of going to business school should help you make the decision of whether or not you should go. However, one important thing to take note of is that most of the advantages above can only apply to you if you go to a good business school.