Pros and Cons of studying an MBA:
Earning a Master’s in Business Administration (MBA) can help professionals enhance their career opportunities, receive increased compensation, and job promotions.
On the other hand, an MBA can cost a substantial amount of time out of the workforce for early-career professionals. The question then becomes, is earning an MBA worth the cost? It all depends.
Pros:
1.Career progression
Studies have shown that MBA graduates are more likely to achieve top management positions in Fortune 500 companies compared to other employees in those organizations.
2.Develop professional relationships
Due to the teamwork and intense environment of an MBA program, the relationships formed there are very difficult to replicate otherwise. Being able to call on these people in the future can bring innumerable benefits.
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3.Personal development
An MBA program will push you to go outside of your comfort zone. This can help you to increase your confidence and ability to lead other people. Completing an MBA program also requires students to develop excellent time management skills and maintain discipline.
4.Opportunity to switch careers
One of the reasons that MBA graduates’ salaries are significantly higher than the national average is the opportunity to enter into more lucrative industries as a result of their qualification.
5.Provides a competitive edge
Due to the work that goes into earning an MBA, employers recognize that holders of the qualification are disciplined and ambitious. In addition, there is knowledge that an MBA graduate can bring into an organization.
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Cons:
1.Cost
Obtaining an MBA can involve a considerable financial commitment, although at Aventis, grants are claimable. The relatively high cost of studying for an MBA means that the decision should not be taken lightly. You want to be sure that you will get value from your qualification and that you are committed to seeing the process through.
2.Time commitment
Studying for an MBA requires a high level of commitment and discipline, although at Aventis, part-time MBAs are available. You need to be sure that you have a supportive family or partner who understands why you may not always be available.
One of the key benefits of having an MBA is career progression. Come take the accelerated path by upgrading your education in our Masters in Business Administration at Aventis School of Management.
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Source: PostGrad.com