MBA? PROs and CONs for Individuals, Companies and Society

 
Knowledge and Intangibles Management > Best Practices > MBA? PROs and CONs for Individuals, Companies and Society

MBA? PROs and CONs for Individuals, Companies and Society
Paula Kokare, Project Manager, Switzerland, Premium Member
Management researcher Yehuda Baruch has analyzed benefits and costs of MBA degrees. He classifies the impacts of an MBA in three categories: the individual level, company level and society as a whole.

INDIVIDUAL
  • PROS: The main advantages gained during MBA studies attributable to individual themselves include additional:
    1. Knowledge
    2. Skills
    3. Personal competencies
    4. Network of contacts
    5. Prestige attached to gaining the “MBA” title.
  • CONS: Individual costs, however, consist of the:
    1. Financial investments
    2. Opportunity cost of the time dedicated for the studies.
    3. The value added to individuals already having a first degree made in general management to highly focused professional roles and to high rank executives has been often disputed.
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The Value of an MBA for Leaders and Managers
Jaap de Jonge, Editor, Netherlands
Thanks for sharing this, Paula. Good list of the strong points and disadvantages of an MBA at these various levels.
This made me remember a criti...Sign up
 

 
The Value of an MBA Depends on the Candidates' Education Background
nan zeng, Project Manager, China, Member
The Pros/Cons vary depending on the education background of the student. Established leaders or managers may not have had a systematic business...Sign up
 

 
The Value of MBA Depends on the Type of Education
Molokanova, Professor, Ukraine, Member
@Jaap de Jonge (Editor): It all depends on the type of education. For example, in project management there a...Sign up
 

 
Careerism versus Servant Leadership
Tom Wilson, HR Consultant, United States, Premium Member
The Servant Leadership model of the Gospel of Mark is organic to the ethos of West Point and the US Army, George Washington, Commanding.
The Harv...Sign up
 

 
Going or not to Going for an MBA
Luisa Pineda Martinez, Professor, Guatemala, Member
Good morning to all. I recommend this article for those who are evaluating if it is worth or not to spend one´s time and money to attend an MBA.
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Recommendation for MBA
Tom Wilson, HR Consultant, United States, Premium Member
@Luisa Pineda Martinez: I don't have an MBA, but I can recommend its achievement for anyone. Much earlier in time,...Sign up
 

 
MBA is an Intellectual Marathon
Collins, Director, New Zealand, Member
The MBA is a pressure cooker. Whether you do it full time, or part time while working full time, it amounts to an intellectual marathon.
Regardle...Sign up
 

 
Overall Value of MBA Depends on Reasons for Enrolling
Paula Kokare, Project Manager, Switzerland, Premium Member
Thank you very much everyone for interesting comments and discussion.
Based on my own review of range of MBA programs and schools out there, I ca...Sign up
 

 
Process to Improve on Awareness Levels
srinivas, Lecturer, India, Member
Conceptual exposure for the first time to different theories is fine. Also testing for understanding of the concepts is also good. Educational institu...Sign up
 

 
MBA versus 12manage
Jaap de Jonge, Editor, Netherlands
I could not resist to compare 12manage with an MBA 😉. Of the mentioned 5 benefits for the individual (1. Knowledge 2. Skills 3. Personal compe...Sign up
 

 
MBA Versus 12 Manage
Jesus Perez ibarra, ICT Consultant, Mexico, Member
I'm agreeing with @Jaap de Jonge, the MBA encourages your development, improves knowledge, skills and personal comp...Sign up
 

   
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