Is MBA worth it and Should I do MBA
The worth of an MBA Degree-Should I do MBA? Is MBA worth it? Will I get a high-paying job after MBA? Should I take a loan for MBA? Is MBA worth quitting my present job? From where should I do MBA? Full-time or Part-time MBA? Endless queries of this kind keep the MBA aspirants worried and concerned. Even as a career counsellor, it is difficult to answer these questions, because there is no universal formula that calculates the worth of an MBA degree. The answer will differ from case to case situation, because the MBA aspirants are people with diverse backgrounds and qualifications. You need to factor in all such points in order to decide,”Should I do MBA?”
In order to calculate the worth of MBA or any other professional degree for that matter, you need to set up your priorities and goals in life. Ask the right questions to yourself, and the answer to the questions like, “Is MBA worth it?” and “Should I do MBA?” will become crystal clear.
Management studies are still quite popular in India as they are viewed as a passport to high-paying jobs.Even then, select B-schools are not able to completely fill their seats. AICTE informs nearly 20-30% vacancy rate in their approved schools. One reason could be the growth in the number of institutions. In 2007, there were 1,132 AICTE approved B-Schools. In 2011 it stood at 2,385. But, how many of them provide an MBA that is worth it? There is an urgent need to have an evaluation mechanism to assess the AICTE approvals.
But does it mean that MBA is worth it only if you get it from a top B-school? In present economic scenario, even the IIMs had a difficult time in getting all their students a placement. Then, one question will inevitably arise...is the time and financial investment required for an MBA from a top school still worth it?
Through our E-book titled “Is MBA worth it?” we have tried to deliver the information that you must know and consider, whenever you think, “Should I do MBA?” Download the E-book from Careers360 E-book Store now.