I too am considering getting an MBA, I've been doing some research on it, let me share with you some really relevant readsfuturebiz1 wrote:I just got an MBA offer from one of the well recognised local universities and have some questions before making a final decision. MBA is an important investment decision and so any advice would be welcome.
Brief Overview of my profile
Age: 28, Male
Salary - 9,000S$ month+Bonus+CPF
GMAT - 760
Employer : Prominent Financial institution
I have always wanted to do an MBA ever since I obtained my bachelor's degree but luckily I always found a new and a better job every time I felt that it was time to move and hence the decision to pursue an MBA kept getting postponed. When I consider the post MBA compensation of all the universities in SG, it is much less than my current salary and so am not sure of the financial benefits of doing a full-time MBA. Also, I like my current job and do not intend to change the job sector post-MBA and I see quite decent near term growth prospects in the current role.
On the other hand, I also think that MBA may open up a lot of new avenues and may be a valuable asset in the longer term (10-20 years later). I am also contemplating taking up the part-time MBA(I can opt for either full/part time) but again I am not sure will a part time MBA be the real deal although the information I have obtained suggests that facilities for part-timers are identical to those offered to the regular students.
Would welcome comments from experienced people. Do employers in SG see value in an MBA. Considering that am already in a pretty decent position in my organisation, will an MBA(full/part time) be a worth while decision in the current not-so-good economy.
On a side note, is your company offering you sponsorship for your MBA? Some companies do help their employees fund their tuition fees under the right circumstances -futurebiz1 wrote:Thanks for the links.. Well, I have for now opted for the middle course.. Don't want to give up my job and want to pursue MBA as well. So, I have decided to take the part-time option.
Honestly, money is not the primary reason for doing this and I do not think that any raise/promotions I receive in my near future would depend on me earning an MBA. I am thinking it of as an investment with a long gestation period (15-20 years) I just think that there are additional skills which I seek and I think additional knowledge/skill is not going to hurt me:). Do I require an MBA to acquire those skills is a valid question but again this arguement could be extended to any form of formal education.JR8 wrote:How much more are you going to get paid if you complete the MBA?futurebiz1 wrote: Next few years are surely going to be hectic but I guess it will be time and money well spent !
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