Friday, June 03, 2005

Select Quotations on the Worth of an MBA Degree

"I would assert that it's not the MBA that's important, but the process by which that MBA is attained."
JAMES DROGAN, Management Consultant, Also Teaches a Graduate Course in International Logistics.

"We have long referred to the MBA as a global currency -- a degree that symbolizes value all over the world. In an era when people don't tend to stay with one company or job track for their entire career, the MBA allows them to take control of their careers and change course when they want or need to."
DAVE WILSON, President and Chief Executive of the Graduate Management Admission Council (GMAC).

"Employers are aware of the capabilities that an MBA brings to the table, and that is why we're seeing more and more job requisitions that say 'MBA Preferred.'"
PEG HAVENS, Director of Commercial Market Management at Frontier Corporation in Rochester, New York.


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At 10:03 PM, Blogger JD said...

Generally speaking, I would agree with these comments. The MBA, though, is a double-edged sword. On the one hand, it opens up a lot of doors, especially managerial positions that pay (of course) more money than lower-level positions. On the other hand, there may be times where the MBA can close off doors...fairly or unfairly. Some people might think you're overqualified for a position (and this might very well be the case). Other people, I've found, may be jealous that you've gotten an MBA when they haven't; they may feel insecure with an employee who has better academic credentials than they have and fear that the roles will quickly reverse - you will become their boss. But, on the whole, I truly believe that getting an MBA is important for those who wish to have a successful business career. It's almost a minimum requirement for those wishing to get into management (especially in larger corporations, like MNCs). So for those who are thinking of going on for an MBA, I highly recommend that they do so.


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