Like most sportsmen, maybe it is true when the cruelest of fashions could turn out to be a very well-disguised blessing. The hall was quite for some time when the host responded to my question, stating “the average work experience for students admitted into our graduate program is four to nine years”. I have often viewed graduate school with a peculiar spectacle. Apart from the fact that, I don’t see myself getting into graduate school soon, it is an interesting dilemma for me. Usually there are times that I think I need to get an MBA, where as there are times I don’t even seeing myself getting one. Despite these mixed feelings about graduate school, it has almost been cool or almost a fad to say to someone, I want to do an MBA after 2 years and get a job or most likely start my own company. I definitely think is worthwhile for some people and whilst a big no no for some folks.
I have found myself faced with such a dilemma way before I got out of university for that matter. Therefore I am also in this state of ‘limbo’ in making a decision on graduate school. Whatever your position though, these statistics will be worth looking at. However, the info-graphics is skewed to mostly getting an MBA from the United States.
The MBA is an ever increasingly popular degree program – having people think thoughts of big bucks and running their own corporations. While it is true that an MBA can give you a chance at being the CEO of a company, chances are greater that you won’t be. And if you’re not going to be making millions, you’ll be stuck with a $100,000 school loan. Many graduates who don’t get the job they want after getting their MBA have a hard time paying back that loan.
You should probably weigh the risks and rewards, analyze your field, and think about your financial situation before committing to such a huge debt. And if you feel like an MBA is not for you but you’re still dreaming about making big paychecks, don’t worry – it’s a proven fact that an MBA won’t guarantee success. This infographic will show you how you don’t necessarily need an MBA to be successful.
Created by: MBAOnline.com