Many students that are considering pursuing an MBA ask themselves this question prior to enrolling in graduate school: is the cost of an MBA worth the end-result? In part, the answer depends on how hard you work, what type of program you enroll in, and the state of the economy upon your graduation. However, many studies show that MBA graduates earn significantly more than their non-MBA holding business professionals. Consider this advice from Hobsons’ MBA Central:

At a time of global economic uncertainty, MBAs from the best schools are the most attractive to employers. During a boom, almost any MBA is employable.

As for earnings, most full-time MBAs who pay their own way and attend a good school can reasonably expect to recover their fees, subsistence and lost salary from their enhanced earnings in under four years on a one-year full-time MBA, and an average of five or six years on a two-year program.

Three years after earning an MBA from a top school, graduates can earn three times their pre-MBA salary. Even an ‘average’ MBA will earn an immediate 40% extra.

In a recent report by Forbes Magazine, business professionals who had graduated from some of the nation’s top universities reported that their salaries had nearly tripled within five years of graduating from their MBA program. With results like the, the answer to the question of whether or not an MBA is a good investment is a resounding yes.

While tuition costs are the number one concern of MBA-seekers, there are a lot of other costs that students must plan for when considering enrolling in an MBA program. Cost of living, textbooks, and software costs are just some of the other expenses of students in an MBA program. Students who are not going to […]

Recent reports show that companies in the business world have increased their hiring by 18%. Not only that, but MBA-holding employees are getting paid more. With this hike in demand and pay, right now might be the best time to go back to school for your MBA. According to BusinessSchoolAdmission.com:
Over 94 percent of Harvard MBAs […]

Many students struggle with choosing a major, and many more struggle with attending grad school to earn their MBA. However, recent statistics have shown that earning a business degree may be the quickest way into a high-paying job. According to PRWeb:
“The field of finance is hot right now and the job outlook is expected to […]

If you’re looking to enroll in a part-time MBA program, then you may be interested in these rankings of the top ten part-time MBA programs from MBA Admission:

University of Chicago
NYU (Stern)
Northwestern (Kellogg)        
UCLA (Anderson)
Michigan
Berkeley (Haas)
USC (Marshall)
DePaul
Maryland (Smith)
Babson

The following things were considered to determine these rankings: opinions of […]

While 99% of the time an undergraduate degree is required to get into an MBA program, some colleges may make exceptions for those who have been highly-promoted but have little or no college education. This is a rare occurrence, but it may be an option for those who have worked hard for their high-management position […]

If you’re debating on whether or not to go back to school for your MBA, then you’re going to need to evaluate your reasons for wanting to return for a higher degree. The following questions from MBAAdvice were designed to help students evaluate their reasons for pursuing an MBA:

Does getting an MBA allow you to […]

Prior to Applying to MBA programs, students have to take the GMAT Exam. This exam is a general exam that measures a student’s ability to reason verbally and quantitatively as well as their ability to write in a coherent and well-developed manner. It helps to know what the test will be like prior to taking […]

Some students choose to pursue a joint MBA degree — a degree that allows you earn your master’s in business administration as well as a graduate degree in another field, commonly healthcare, law, or medicine. There are both advantages and disadvantages to pursuing a joint MBA degree. According to MBA Map:
Advantages

Specialized knowledge: The main […]

Many people make the mistake of thinking that the interview with your MBA school is the most important part of distinguishing yourself as the perfect MBA program candidate. However, without the perfect application, you may never get that interview. For that reason, Toqquz.Bulaq Gulzari offers these tips on putting together the perfect MBA application:
Have a […]