MBA? PROs and CONs for Individuals, Companies and Society

Knowledge and Intangibles Management

Best Practices

Sign up

Paula Kokare
Project Manager, Switzerland

MBA? PROs and CONs for Individuals, Companies and Society

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 intangible asset base by organizations in order to achieve their strategic goals. Main advantages gained by organizations from such investments include improvements in:
    1. Work quality
    2. Productivity
    3. Promotability of individuals
    4. Leadership capabilities
    5. Overall managerial skills
    6. Employee retention
    7. Customer satisfaction
  • CONS: The critique associated with investing in MBAs relate to the fact that:
    1. Potential risks can be clearly observed (e.g. low return on investment, employee departure).
    2. Related benefits are mainly intangible in their nature.
Baruch argues that the value added by investments in MBAs to different organizations varies from minimal to very high, depending on the organization’s reliance on professional expertise versus a managerial orientation.

SOCIETY
  • PROS:
    1. Promote managerial competencies which on the aggregate level have been proven to enable more efficient and effective societies
    2. MBAs are responsible for the creation of a large share of all start-ups which represent a source of employment, innovation and tax income for societies.
Source: Yehuda Baruch, (2009),"To MBA or not to MBA", Career Development International, Vol. 14 Iss 4 pp. 388 – 406

  Jaap de Jonge
Editor, Netherlands
 

The Value of an MBA for Leaders and Managers

Thanks for sharing this, Paula. Good list of the s (...)

  nan zeng
Project Manager, China
 

The Value of an MBA Depends on the Candidates' Education Background

The Pros/Cons vary depending on the education back (...)

  Molokanova
Professor, Ukraine
 

The Value of MBA Depends on the Type of Education

@Jaap de Jonge (Editor): It all depends on the typ (...)

  Tom Wilson
HR Consultant, United States
 

Careerism versus Servant Leadership

The Servant Leadership model of the Gospel of Mark (...)

  Luisa Pineda Martinez
Guatemala
 

Going or not to Going for an MBA

Good morning to all. I recommend this article for (...)

  Tom Wilson
HR Consultant, United States
 

Recommendation for MBA

@Luisa Pineda Martinez: I don't have an MBA, but (...)

  Collins
Director, New Zealand
 

MBA is an Intellectual Marathon

The MBA is a pressure cooker. Whether you do it fu (...)

  Paula Kokare
Project Manager, Switzerland
 

Overall Value of MBA Depends on Reasons for Enrolling

Thank you very much everyone for interesting comme (...)

  srinivas
Lecturer, India
 

Process to Improve on Awareness Levels

Conceptual exposure for the first time to differen (...)

  Jaap de Jonge
Editor, Netherlands
 

MBA versus 12manage

I could not resist to compare 12manage with an MBA (...)

  Jesus Perez ibarra
ICT Consultant, Mexico
 

MBA versus 12manage

I'm agreeing with @Jaap de Jonge, the MBA encourag (...)

Participate and leave a comment
Exchanging your ideas stimulates your personal and professional development. And you can help other people! Please motivate your point of view. You can still edit your comment for 3 hours.

Start a new forum topic

 

More on Knowledge and Intangibles Management
Forum
Knowledge and Information
Constant Practice and Training
🔥Notify and Involve your Students
The Knowledge Management Road Map of Tiwana
Communities of Practice
MBA is Becoming a Rat Race
Imagination and Knowledge Management
Knowledge Sharing in Projects
Imagination and Knowledge
How Much are your Knowledge and Experiences Worth?
How to Make a Person Really Learn?
Knowledge Management is Important
An MBA is necessary for any business
Are Current Education Systems Stifling Initiative?
Sharing Environments in Knowledge Management
Know your Enemy Within - Bridging Knowledge and Practice of Management
Knowledge-based Economy versus Network Economy
Why does University Life Scare New Students?
Best Practices
Knowledge Management Still Remains a Victim of Technology
MBA? PROs and CONs for Individuals, Companies and Society
DICK and DICKS concept by Anand
Is Business Education Useful?
Poor Knowledge Management in the Public Sector
From Knowing to Finding and Using Information
How to Manage Knowledge from Experiences?
Wisdom Management: Can Wisdom be Managed?
Definition and Meaning of Knowledge Management (KM)
How to Judge Education Without Degree
Knowledge Management and Achieving Excellence
Does Education Lead to People Becoming more Selfish?
Notify your students

Copy this into your study materials:

and add a hyperlink to:

Link to this discussion

Copy this HTML code to your web site:

Knowledge and Intangibles Management



About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
© 2021 12manage - The Executive Fast Track. V15.8 - Last updated: 13-5-2021. All names ™ of their owners.