Why MBA?

Why MBA? Is the MBA degree right for you? This is an important question for you to answer early on.

Although, the emphasis on this website is to promote the MBA, there are certain specifics you should consider before pursuing this degree.

First and foremost, you need to know yourself and your career objectives.

If the MBA does not seem like it will be a good fit, do not pursue it. It is not a good idea to go into any program unless you know it is a good fit.

Just because the MBA is a great degree, does not mean it is right for you.

Below is a list of Pros - Why to get an MBA...

• The MBA is a very marketable masters degree. It is very well known and it seems to enjoy recognition all over. After receiving the MBA, you can put those initials after your name. Can you do that with a Master of Science degree?
• The MBA offers valuable management and business content. If you are new to business or even experienced, this degree has a lot to offer. You can learn functional skills and concepts that seem to be applicable into any industry or job.
• The MBA is very flexible. You can choose the program type (full time, part time, distance, etc). You can specialize or stay general. Depending on the program and the school, the MBA can be completed between 30 and 60 credits. All this, and you still get the same marketable degree.

Below is a list of Cons - Why NOT to get an MBA...

• Maybe you need extra specialization or you have a specific career goal. For example, a Master of Accounting (MAcc) is a common masters degree to prepare one for the CPA exam. In this case, the MBA may not be the best choice. In certain cases, if you are pursuing a PhD, there may be better choices.
• Maybe the MBA is too cost prohibitive. MBAs tend to cost more than other degrees. This is because of its recognition and marketability. Weight out the return on investment. This is good advice for any investment. You may have more options than you think, so look around at as many programs as you can.

Realize that this is a short list of pros and cons and it by no means comprehensive. It should get you thinking about why an MBA is right or why another choice may be better.

Do note that almost any MBA application will ask about your reasons for wanting to obtain an MBA at this stage of your career. In fact, the “Why MBA?" question is often the first question asked…it is also the most important essay you will answer. So having a clear answer to this question will help you prepare for admission.