Pros and cons of MBA program

An MBA is viewed as being one of the best ways to advance your career. Studies show that the average salary of an MBA graduate is 80,000 pounds. But you should be aware about the pros and cons of MBA program before taking it into consideration. Here I have discussed few pros and cons of MBA program; I hope it will help you.

Pros:

1.      MBA as career:  opting MBA as a career program will give you tremendous opportunities. You meet good people. Diverse people from different countries and professional careers. Lots of personalities but all would be motivated learners. Having those three letters after your name may also allow to achieve some career flexibility, especially if you are switching careers. Go for MBA but from a good university.

2.      Relationships: MBA allow to meet you from good people. You interact with many people but all filled with enthusiasm and motivated to achieve something best in life. The people that you will meet during MBA program are invariably ambitious and career driven. Being able to call on these people in the future can bring innumerable benefits.

3.      Entrepreneurship platform: MBA builds the entrepreneurship platform. You can further go and build business for yourself. You’ll get a unique view of every business aspect including everything from economic decision making and marketing principles too.

4.      Improves your communication skills: Being in a business environment will make your communication skills better. MBA programs require you to take a public speaking class and present projects and ideas to your peers. These things will help to develop your confidence and they show you how to communicate effectively.

5.      Teaches self-discipline: It is correctly said, “to do nothing , you need to be on top”  But to get that top level , you have to a lot of hard work. The main driving factor that decides how well you do in your MBA program is you. You are the only person that can make sure you do your assessments, plan and follow study sessions. This process will force you to master self discipline and it will make you more confident about yourself.

CONs:

1.      Cost: Obtaining an MBA involve a considerable financial commitment. Tuition fees for an MBA program can cost anywhere from 15000 pounds to 70000 pounds. This doesn’t include the other cost like hostel or of textbooks. The relatively high costs of studying for an MBA means that the decision should not be taken lightly.

2.      Time commitment: MBA program takes a full time commitment of two year and minimum of one year depending from which country you are studying. You need to consider the impact of this on both your life and your finances. Studying an MBA program requires a high  level of commitment and discipline.

3.      Quality: You will get a good job depends from where you have done MBA program. The quality of your school and program matters. So choose your college wisely.

All I would say is whatever your decision, make sure that you make that work best for you.

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