Should You Get Your MBA? Why It Might Make Sense

Related Articles

• Should You Get an MBA? 0 04.Sep
• 11 Reasons Why Getting An MBA Beats Getting A CFA 0 28.Oct
• Warren Buffett on the Importance of an MBA 0 25.Feb

In recent years, there have been an increasing number of debates on the value of higher education. More and more college graduates are finding that they could have done their jobs without the degree they earned, and it seems that employers are placing less emphasis than ever on a candidate’s formal education.

With these arguments as a backdrop, young job seekers are wondering whether it’s worth the time and money to get an undergraduate degree, let alone continue on to earn an MBA. Some argue that the MBA doesn’t offer the same ticket to employment as it did when the job market was tighter, and that may be true. But that doesn’t mean that pursuing this postgraduate degree is completely useless.

“The MBA still offers a strong competitive edge,” said Dan Bursch, program director for the University of North Carolina Kenan-Flagler online business school, MBA@UNC.”At its core, an MBA provides a person with a new strategic-thinking skill set that will allow him or her to not just answer the question or solve the problem, but to fully understand the framework of the question or problem.”

Bursch noted that this problem-solving “framework” is critical in the business world, since a problem is rarely as simple as “problem A, solved by solution B.” Any question or problem that arises in business is more likely to look like, “problems A1, A2 and A3 that also impact B1, B2 and B3.” ..