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Here are some quotes from our visitors about the value of a MBA
... MBA will help you achieve your goals, think about what specifically you want to learn and gain in an MBA.
... MBA will help you make the change you need for you career. additional skills and experiences will also be developed in a MBA program.
... MBA will help stay "ahead of the curve," through advanced educational and training materials regarding business issues.
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Facts on MBA
An EMBA is essentially a part-time MBA, but the average student profile is slightly different. These programmes are aimed at experienced executives who prefer not to take a career break to take a full-time MBA and typically require significant business experience to gain admission.
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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