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Here are some quotes from our visitors about the value of a MBA
... MBA will help you improve your business performance and effectiveness by enriching your overall management skills and knowledge.
... MBA will help stay "ahead of the curve," through advanced educational and training materials regarding business issues.
... MBA will help you to meet your goals and how you plan to participate in the columbia community.
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Facts on MBA
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).
Business schools and leading media announced on regular basis recruitment of MBAs by leading management consulting firms.
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