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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 facilitate the orchard, a planned development district with agricultural and natural areas and five single-family homes for low income.
... MBA will help you to develop the business competencies, cultural skills, and global mindset essential for success in your work.
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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).
An MBA is considered a professional Master's degree as well as a traditional or academic Master's degree. However, completion of a professional MBA does not usually preclude admission to a Ph.D. (program for research-oriented engagements) although it could be helpful. Schools that offer the MBA are usually known as either management or business schools.
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