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Here are some quotes from our visitors about the value of a MBA
... MBA will help you in the long run, a mba program gives you all the tools needed to reach your goals.
... MBA will help you achieve your goals, think about what specifically you want to learn and gain in an MBA.
... MBA will help you achieve your goals, think about what specifically you want to learn and gain in an MBA.
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Facts on MBA
Business schools and MBA courses may be accredited by external bodies which provide students and employers with an independent view of their quality.
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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