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Is an MBA really necessary?

December 20th, 2007

MBAs (Masters in Business Administration) are one of the most popular degrees our country offers. But there is a lot of dissension amongst business people as to whether you actually need one to get ahead and/or to be successful. Numerous polls and surveys have been conducted on the subject, but unfortunately the results are usually skewed.

Graduates of the top business schools in the country say yes, an MBA is necessary but this could be seen as merely a recommendation for their alma mater. But in polls taken from less niche populations, the results are a little less black and white. Many say that while an MBA is a nice neat little package wrapped with a bow, everything you need to know to start and run your own business can be learned sans formal education.

So I suppose the bottom line would be that if you can afford the time, money and effort, an MBA is beneficial, but if times are lean, you can still succeed if you make a point to educate yourself.

What are your thoughts?

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Posted in General Discussion |

One Response to “Is an MBA really necessary?”

    My MBA was completed in 2003, long distance with two workshops a year, and paid for by myself. My income has more than tripled since i started, mostly attributable to my work ethics and higher education. I’m also sharing in company bonuses, fly international etc. Definitely beneficial in the corporate world.

    What about your own business? You can learn 100% on your own how to run your own business and don’t need an MBA. Pick a model you are comfortable with and study this field. I highly recommend a suitable mentor to help you succeed.

  1. Posted by A/j5Goldtrade on December 25th, 2007 at 11:11 pm

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