Sunday, September 13, 2009

MBA Degree - Is it worth it?

I'll be the first to admit, "I m not the Poster Boy" for higher eduction. I have successfully completed over 300 semester credit hours of undergraduate and graduate couses in business, construction managemnt, education, and engineering. I have a BA, and completed a M Ed with emphasis on Instructional Design. While in Gradute School, I worked on an MBA in Management and lack 4 course to complete. I hve 3.0 GPA in my BA and a 4.0 GPA in Grad School. I hve never been asked for a college transcript for any job, nor been given credit for the degrees with any employer. I am dubious for the need for college education, period!

An MBA or a Master’s in Business Administration is a degree that is granted after one or two years of graduate level education. The degree prepares students in the theory and practice of business management. Graduating with an MBA implies that you are competent in all managerial roles found in organizations and businesses today. An MBA program largely deals with general management topics but some degrees also offer a more specialized curriculum.

There are many combinations and specializations involved with an MBA degree. Some of the popular disciplines are accounting, business management, e-commerce, economics, finance, human resources, marketing, risk management, entrepreneurship, operations management, and technology management. However, since the applications of an MBA are relevant to a wide range of sectors, it will always remain valuable irrespective of the final career path chosen.

Over the past few years, there has been an exponential increase in the number of online MBA programs offered by the Colleges and Universities. Graduating with an online MBA degree has gained popularity especially with more mature students and those who still need to work and earn their degree at the same time. Students who have opted for online education appreciate the flexibility it affords them as compared to programs offered by traditional schools and colleges. While the curriculum of online degree programs and campus-based one’s rarely differ, online students have to manage their own time and study independently. Of course there are online tutorials, lectures, assignments and even one-on-one meetings that students can take part in. But all this can be fit around your own schedule and time.

Graduating with an Accredited online degree from a College or University that is accredited by a recognized Accreditation Body considered by U.S. Department of Education should not raise any problems when applying for jobs and competing for various positions. An online MBA will also give you the option to accelerate your progress and possibly even graduate ahead of schedule. This would depend on how much time and effort you put in but it is possible. Enrolling in an online MBA program is not a decision to be taken lightly. There is a lot of hard work and discipline involved but if you stick with it, an online MBA could be your ticket to the next stop in the world of business.

One of the main reasons to opt for an MBA degree is to increase your salary earning potential and advance your career. When applying for certain jobs, you will soon realize that an MBA is a necessity. Some employers might not even consider you eligible without one. An MBA degree helps you acquire a range of management and people skills and prepares you for positions of leadership. By virtue of the curriculum, training and research involved in an MBA program, your educational horizons expand and your overall vision remains longsighted. This is exactly what employers are looking for when they choose an MBA graduate over another applicant.

An MBA will also help with personality development, leadership skills, and domain expertise. For example, if your area of specialization is marketing, you will learn all the nuances of the marketing world and how to excel in it. As an MBA you will also learn the intricacies of planning, goal setting, and interpersonal skills (being a team player). It is, in fact, due to these personality traits and skills apart from your academics that will place you in good stead in today’s competitive job markets.

Armed with the technical knowledge of business practices, MBA graduates are prepared to run a company. Leadership skills are honed and the spirit of innovation and entrepreneurship are instilled in all students. Anyone who has completed their MBA degree speaks of the growth of confidence and self-esteem and the sense of achievement of completing one of the more competitive and high demand degree programs available today.

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