In today's context, is a costly MBA program a smart investment option?

0 433 Views | Posted 7 years ago

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  • Shiksha Ask & Answer

    Answered by

    NITHIN E EDUCATIONAL CONSULTANT | Guide-Level 14

    7 years ago
    Yes. Doing MBA as a career development programme is always a small investment which helps you in future. MBA is all about learing how a business needs to be run successfully. Each and every module in the course teaches us about the importance of business.
    While doing MBA, we as students invest a small amount to large sums of money. It depends on the campus. Some colleges which offer quality education will provide the course for big fees.
    After completion of the course, each and every student will be getting plenty of opportunities to improve their career. A large number of them are getting placed in famous MNC's in good and reputed posit
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  • Shiksha Ask & Answer

    Answered by

    Suruchi Mittal

    7 years ago
    According to my experience it all depends in which college you are investing.
    Just like before investing in any mutual funds or stock market you first check the financial statements of the firm and then make informed decision. Similarly you really need to go through all the minute details of the college you are willing to take admission in.
    "Your choice of institute can make or break your career".
    Since a lot of money goes in doing an MBA, it is of high importance that you do it from a reputed college. Write CAT or GMAT and give your 100% to make it into an IIM or top 20 B-schools of India and world and what can be better than that. If
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  • G

    Answered by

    Gautami R Manager-Human Resources and Administration | Contributor-Level 6

    7 years ago
    A costly MBA isn't but a MBA from a prestigious institute that offers good learning experience and placement opportunities is definitely a good investment.Getting into a top B school not only provides a better education but also opens doors for networking and securing a spot in the most sought after industries. However, there are exceptions who have made it to the top of the chart without holding any such educational qualification nor an association with a top B-School.
  • Shiksha Ask & Answer

    Answered by

    NITIN DESHMUKH Yard by yard its hard, but inch by inch its | Scholar-Level 17

    7 years ago
    If you are working professional with at least 2 years work experience than MBA is a good investment. MBA degree will help in long-term growth. Working professionals enhance their career opportunities, receive increased compensation and job promotions. An MBA can provide the skills and knowledge necessary to start a new business, and many employers require an MBA for certain management or leadership positions. There are 2 ways to pursue MBA - Full TIme and Part-Time. If time is a constraint than Part-time is a better option. If a fresh graduate is pursuing MBA than Full-Time is a better option. An MBA is only worth the expense, time and
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  • R

    Answered by

    Rachita Kohli

    7 years ago
    An MBA is only worth the expense, time and effort when the graduate plans to work in a business-related field, in management, or as a company founder. For those working in other industries, unless they are in management or leadership roles, an MBA may not be useful.
    Moreover, not all MBA degrees are created equal. The number of colleges, universities and business schools offering a Master's degree in Business Administration is increasing, making the space quite crowded. Unless a student earns a degree from a respectable program, it might not be as valuable as expected, while going to a top-tier business school greatly increases the valu
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  • V

    Answered by

    Versha chauhan | Contributor-Level 7

    7 years ago
    It could have been a smart option if you had a good work experience. Your experience has made you more agile to learn things smartly. As candidates having experience, their exposure to industry helps them to gather more career opportunities as compared to freshers. But just being costly doesn't mean the institute is good for you. Before making a decision regarding the college its better to look about other parameters of the college also such as their faculties, teaching method, placement records, etc. Master of business administration (MBA) has always been an expensive program till date. It is hard to find a B-School which provides a c
    ...more

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