Should You Get an MBA?
It’s easy enough to say that every professional can benefit from an MBA, but this doesn’t necessarily answer the question of whether or not you should pursue this advanced degree. After all, there are certainly drawbacks to entering a master’s program, not the least of which is the expense involved. Then there is the time it will take to complete, forcing you to put off starting your career. Plus, after earning an undergrad degree, many college students are understandably burned out.
Even so, there are equally compelling reasons to enter an MBA program, either immediately following graduation or after a few years spent gaining experience in the working world. Here are some things to consider if you’re wondering whether or not an MBA program is right for you.
First, let’s discuss bad reasons to enter an MBA program. If you’re doing it because it’s what your parents expect, because you’re not ready to live in the real world and you need a few more years of coddling in college, or because you think it will guarantee a job after graduation, you’re on the wrong track. If you pursue an MBA for any or all of these reasons, you’re doing yourself a grave disservice and you’re likely to waste a lot of time and money in the process. MBA students are motivated, competitive, and serious about succeeding. If you’re not on board 100%, you will have a hard time succeeding.
In truth, you also need to think long and hard about whether or not an MBA is right for your particular career path. If you have no designs on becoming a manager, VP, or executive and you have no intention of starting your own business, then perhaps the demands of an MBA program don’t make sense. That said, an MBA can benefit individuals regardless of the industry they’re interested in. So if you think you won’t gain anything from the experience just because your undergrad degree is in English or engineering, think again.
Now, there are also a number of reasons why you absolutely should get an MBA. If you’re entering a highly competitive industry, this degree can not only bolster your knowledge and skill where business is concerned, but it can give you a competitive advantage over other, less educated candidates for jobs. The knowledge and skills you’ll gain will not only prepare you for the working world, but you’ll make for a more attractive candidate for employment. As a result, you might be able to bypass entry-level positions and go directly to a management track if you choose, demanding a higher salary and perhaps advancing more quickly through the ranks.
If you plan to start your own business, the MBA you earn from Villanova University can be a major boon as well, preparing you for the rigors of creating a business plan, securing startup funds, and launching your own enterprise, not to mention successfully managing your operation. During your time in an MBA program you’ll also have the opportunity to network, developing a support system of colleagues that can only help to provide you with references, find jobs, and even form valuable partnerships later on. In short, there’s a lot to gain by getting an MBA. You simply need to weigh the pros and cons and consider your long-term professional objectives before making a decision.