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I’m stuck! That is the simple explanation for wanting to pursue an MBA degree. I received my undergraduate degree in accounting and since graduating I have gained eight years of experience within the accounting and finance industry. Within this industry I have financial accounting experience and experience in financial analysis from working at a CPA firm, the public sector for the State of Alabama, a mid-sized insurance company headquartered here in Montgomery, AL, and now within the banking industry. With the exception of the CPA firm where I started out as entry-level, all of these places of employment I am and was a mid-level employee, where I am now stuck. To move out of the mid-level hole and into a position of management or at least a senior-level position within my current organization, an MBA is a requirement. Also, in today’s economic climate an MBA degree also creates a level of job security. An MBA degree lets people know that you have an increased knowledge of business acumen, which, therefore makes you a valuable asset to your company or organization. An MBA opens the doors of opportunity, such as being considered for advancement within my current organization, a position of higher pay and status with another company or laying the foundation to be a successful entrepreneur. Through my experience I have only worked in one environment in which an MBA degree wasn’t a requirement for advancement. As a staff accountant for the State of Alabama, they have a system of promotional examinations set up to qualify you for advancement. This does not mean that an MBA does not help you in obtaining a promotion, but depending on the department it does not give you an advantage over someone with more experience. This creates a slow process of moving up the ladder within the department. Transferring to another department is a possibility only if the

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