Is the value of an mba going down?

While MBAs have their benefits, an advanced degree isn't always necessary to pursue a career in business. Recall the NACE study that found that people who recently completed an MBA program earned approximately 50% more than people who had just finished a bachelor's degree in business administration (BBA) program. The slowdown is affecting MBAs, as LinkedIn data shows that hiring of B school graduates declined by 37% in April compared to the previous year. Other important positions for MBAs may offer more flexibility, especially in sectors such as technology and professional services.

While you can develop them at work or through other educational opportunities, an MBA provides a unique immersive experience, especially if you're studying the program full time. Master of Business Administration (MBA) programs provide opportunities for students to learn key business leadership skills while expanding their professional networks. The proportion of MBA graduates who obtained employment within six months of graduating was calculated by dividing the number of MBA graduates who got a new job before December of their graduation year by the total number of MBA graduates in the same year. “The main advantage of pursuing my MBA was that I acquired effective leadership skills to compete around the world,” said Paula Fontana, MBA, interim president of the National Black MBA Association.

Many elite MBA programs have needed to make their exam requirements more flexible, and some have abandoned the GMAT altogether. Naturally, the question of return on investment (ROI) is an important deciding factor for potential MBA candidates. Businessman and veteran consultant Brian Goffman has seen first-hand how an MBA can pay off in the long term. Here's a breakdown of the current demand for MBA degrees, three ways you can get a return on your investment, and how to decide if it's worth it.

If you stopped earning income to attend a full-time MBA program for two years, it would take about eight years on average to see a return on your investment. The study reveals that MBA degrees generate higher net earnings for working professionals, even if debt is factored into the equation. Hundreds of thousands of students enroll annually in MBA programs to gain the combination of fundamental and specialized business skills to excel in their careers.

Wilma Lewis
Wilma Lewis

Wilma Lewis launched her career as a journalist at an alternative weekly newspaper along Boston's coastal waters. Her extensive reporting portfolio encompassed a wide array of topics, including education, agriculture, and environmental issues. From investigating elementary school bullying to shedding light on dual language immersion programs and exploring environmental issues, Wilma's dedication to in-depth reporting was evident. Her work also delved into crucial societal issues such as mental healthcare.Her journalistic prowess garnered recognition from the Massachussets Newspaper Publishers Association in the 2014 Journalist Awards contest for stories spanning profile features and education coverage. In 2018, Wilma transitioned to North Carolina, where she penned a compelling three-part series for Charlotte's alternative weekly publication. The series delved into the city's pivotal role in school segregation, examining Charlotte Mecklenburg Schools' historical leadership in racial and socioeconomic segregation trends alongside the enduring presence of segregation in the city's public school system.Wilma's series clinched the second spot for long-form news story at the Association of Alternative Newsmedia Awards and also secured second place for education reporting in the North Carolina Press Association contest. In between her reporting stints, Wilma ventured into freelance writing and since 2020, she has focused her journalistic endeavors on crafting education-centric web content, driven by her staunch belief in equitable access to transformative educational experiences for all individuals.Wilma Lewis is a staunch advocate for education equity and accessibility, and her work has been lauded for its insightful exploration of educational landscapes. She currently lends her expertise as a freelance writer for a variety of national outlets including Forbes, aiming to provide readers with valuable insights to navigate their academic and professional aspirations effectively.**Areas of Specialization:**- Higher education- Career development- College rankings**Accomplishments:**- Recognized as an award-winning education journalist- Champion for promoting equity and accessibility in education**Educational Background:**- Earned a Bachelor's degree in journalism

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