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Working for MBA
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It’s possible this title reminds some of you of the 80’s hit by Lynyrd Skynyrd, “Working For MCA”. Nevertheless, believe me that a change in a single letter makes a big difference. Well, we know that MBA stands for a Master of Business Administration degree, more considered as a professional program than academic, granted after one to two years of graduate-level study which provides training in the theory and practice of business management, particularly focusing on accounting, quantitative analysis, economics, marketing, and organizational behavioral fields that modern corporations demand from their managerial staff. MBA graduates usually are offered higher salaries and an MBA generally accelerates your path for reaching higher positions in business life.
Specialists argue that the best time to enroll in an MBA program is at a point in your career when the MBA is necessary to take your career to the next level, and warn about not investing thousands of dollars on it just because of its label or to be considered being in a trendy graduate program. In order to understand whether an MBA would be useful for you, I think it is advisable to find the answers to at least a few of the questions below:
Does my company plan to promote me with such a degree, or are there alternative ways that I can still reach those positions?
Does my MBA deserve what I pay for it or should I wait? If I can still reach a higher position within 3 or more years without an MBA, why should I bother to tire myself and empty my bank account?
Do I want to change my field, say I’m an engineer but I wish to work in the marketing, consulting or investment banking field?
Can I get what I’ve paid back through the power of the MBA? At this point experts warn you that if you’re considering getting an MBA in the U.S., it is advisable to work there after you have graduated from the program since the U.S. is one of the few countries that will compensate you for what you paid for the MBA.
Do I want to create my own company or take over an existing company, and in doing so, do I want to be the best boss I can be?
Do I want to establish an international connection for my future endeavors and career?
Do I want to settle down in a foreign country after I’ve completed my MBA?
Dođuţ Uysal (CS/IV)
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