Getting an MBA may sound like a fantastic qualification to acquire, but is it really all that worth? There are actually several advantages and disadvantages to getting an MBA, which will allow you to answer the question for yourself.
There are many advantages to getting an MBA. First of all, you will be recognized to have one of the higher level qualifications. Plus, this qualification appears as a good background wherever you go, whether local or international. These two points can actually give you a boost in your self-esteem and satisfaction for your ability to get that far. To add on, you will be equipped with the skills and maturity to become an effective manager. As a result, you will have plenty of job opportunities and will receive much higher pay as compared to one who has a lower education than that. There are even some MBA jobs available only for MBA holders. You will also have a much larger professional network as you would have met though your faculty during your time during the program, or through MBA jobs as you may have the opportunity to mingle with other MBA holders as well.
Mba Degrees
There are always two sides to a coin, and so do MBAs have disadvantages, too. For one, because MBA holders usually will receive a significantly higher pay, some companies may not consider hiring you because you would be considered a little too expensive to hire based on the company's budget. Looking at the psychological aspects of the employer, the person who employed you might also feel that you can threaten their position in the company because of your qualifications, especially if they do not hold an MBA themselves. On the other hand, there may be some employers or colleagues who would have many years of experience, so you may end up feeling like you can never measure up to the experience they had despite your high qualifications. And if your career goals later on have no emphasis on an MBA, you may feel as though you have wasted your studying years when you could have gained experience.
So is getting an MBA all worth it? It is for you to decide.
Advantages and Disadvantage of Getting an MBA
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