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Here are some quotes from our visitors about the value of a MBA ... MBA will help you achieve the goals to succeed in business life. ... MBA will help you get ahead in today's global marketplace through a strong, in-depth curriculum that balances core courses with experience. ... MBA will help you achieve a new level of confidence, job satisfaction and respect.

Facts on MBA The MBA designation originated in the United States, emerging as the country industrialized and companies sought out scientific approaches to management. The first American business school, Wharton School of the University of Pennsylvania, was established in 1891 (initially as an exclusively undergraduate institution). 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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