Here are some quotes from our visitors about the value of a MBA ... MBA will help achieve your goals. do you have enough business know-how to embark on an mba now or would you want to wait before stepping in? ... MBA will help you improve your business performance and effectiveness by enriching your overall management skills and knowledge. ... MBA will help you improve your business performance and effectiveness by enriching your overall management skills and knowledge.

Facts on MBA Executive Master of Business Administration (EMBA) programs were first established for senior executives by the University of Chicago in 1943 and are now offered by many school worldwide. In the United States, by one estimate, the average cost of earning an MBA via an accredited full-time program (excluding room and board) rose from $124,000 in 1993 to $162,000 in 2001 (see Davies and Cline, 2005). The bulk of the cost is in the form of foregone earnings ($109,000 in 1993 and $139,000 in 2001). Accounting for the decrease in expected unemployment as well as the increase in expected wages and expected wage growth, the financial benefits to holding an MBA degree are the equivalent of an 18% rate of return on the cost of the degree (see Davies and Cline, 2005).

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