MBA? PROs and CONs for Individuals, Companies and Society

Knowledge and Intangibles Management

 

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Knowledge and Intangibles Management > Best Practices

Paula Kokare, Project Manager, Switzerland
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.
COMPANY
  • PROS: Investing in MBAs is seen as utilization and development of their tangible and intan (...) Read more? Sign up for free

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