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Posts Tagged ‘MBAs’

Is an MBA really necessary?

Thursday, December 20th, 2007

MBAs (Masters in Business Administration) are one of the most popular degrees our country offers. But there is a lot of dissension amongst business people as to whether you actually need one to get ahead and/or to be successful. Numerous polls and surveys have been conducted on the subject, but unfortunately the results are usually skewed.

Graduates of the top business schools in the country say yes, an MBA is necessary but this could be seen as merely a recommendation for their alma mater. But in polls taken from less niche populations, the results are a little less black and white. Many say that while an MBA is a nice neat little package wrapped with a bow, everything you need to know to start and run your own business can be learned sans formal education.

So I suppose the bottom line would be that if you can afford the time, money and effort, an MBA is beneficial, but if times are lean, you can still succeed if you make a point to educate yourself.

What are your thoughts?

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