...My decision to pursue an MBA degree to further my career - Week-2 MGT / 521 September 7, 2010 My decision to pursue an MBA degree to further my career - Week-2 The slow down of the US economy has caused companies to start to down sizing, reducing their workforce by layoffs or closing down completely. The Information Technology is being hit twice as hard by not only the reduction of local positions due to the economy slow down but in addition, the lower cost of outsourcing (Computerworld Staff, Feb 22, 2010) . During a recent reduction in force evaluation by my current employer, I noticed that the employee’s education level was an assessed value, which added to the valuable points for retaining an employee. I decided that continuing my education would be a very important addition to resume, future reduction in force evaluations to maintain my current career or make me more valuable if I was out looking for a job. Originally, I was interested in starting a Master of Science in Management (MSM) (Thomas Edison State College, 2010) to further advancement in my current career in Information Technology (IT) and potentially get into a IT Management position the program is offered strictly on-line. I have also started noticing a pattern of companies “outsourcing” information technology jobs to other countries for cost savings to the US companies and noticed the continued strong increase of revenue for the Outsourced Cognizant Technology Solutions (Ribeiro, Augu) . I decided...
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...Why Pursue an MBA? MGT/521 Why Pursue an MBA? Deciding to pursue an MBA degree can be a daunting decision, especially after recently completing an undergraduate degree. Many positives and negatives to consider before making such a life altering decision. This essay will examine several casual circumstances on both sides and answer the question, “Why Pursue an MBA?” Reasons for pursuing an MBA are: 1. Pursuing an MBA is a long-term goal. 2. Pursuing an MBA can assist in a needed career change. 3. An MBA can lead to more money in the job market. Reasons against pursuing an MBA are: 1. The time, cost, and commitment requirements involved. 2. No guarantees that earning an MBA will lead to advancement on the job. 3. A perception exists that there are to many MBAs in the job market. Reasons for Pursuing an MBA Deciding to pursue an MBA has been a long-term goal for some time. Most long-term goals are often never realized. As a result of the 9/11 tragedy the government decided to assist veterans who wanted to continue his or her education. This assistance and the downturn of the economy placed this long-term goal squarely in the forefront. This scenario fell into place, as career change thoughts were starting to surface. Pursuing an MBA can assist in a needed career change. In 2008 the United States economy and the housing market begin to severely decline. This was just four years after embarking on a rewarding and lucrative...
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...Decision to Pursue MBA Degree Dorothy Hall MGT/521-Management August 5, 2010 Professor John Quesnel Decision to Pursue MBA Degree Deciding to pursue a Master’s in Business Administration (MBA) degree is an important decision that should not be taken lightly. The master’s program is challenging and will take time from an individual’s personal life. An MBA can further a career, begin a new career, or fulfill a personal goal. In contemplating whether to obtain an MBA degree, I had to decide what value this degree would afford me. In obtaining this degree, it would further my education and could definitely be an asset to any future career choice that I may undertake when I retire from State Farm Insurance in a couple of years. In constructing and supporting this argument on whether to pursue an MBA, as a choice, I used the Jungian Personality Self-Assessment to foster insight into possible career paths and how other individuals perceive me. The self-assessment of the Jungian personality gives an individual through 16 personality types a better understanding of him or herself. The assessment measures thinking styles of individuals, modes of dealing with information and interactions for potential managers in group settings. My personality type was the INFP result that describes individuals reserved, creative, and highly idealistic with a possible career as an architect, journalist, educational consultant, missionary, actor, artist, and poet. I agreed with some...
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...Advantages and Disadvantages of Pursuing an MBA Advantages and Disadvantages of Pursing an MBA The decision to pursue a Master’s in Business Administration is a difficult, personal decision. In fact, I categorize it as a life changing decision. For instance, this decision is like most major decisions people make. Whether the decision is over buying a home, changing careers, starting a family or buying that dream car, it is usually laced with advantages and disadvantages, pros and cons, and benefits and consequences. Whether or not those advantages and disadvantages are tangible, quantifiable and measurable, most would agree that they exist and they sometimes have life changing affects. For example, some people think that it is a disadvantage to buy a home because it usually results in one securing a long-term loan whereby a monetary commitment is required from the borrower or homeowner. If this commitment is broken or one is unable to pay as agreed, the borrower or homeowner can lose valuable assets, seriously hinder their ability to borrow money in the future and be looked upon by the banking and financial community as a liability or risk. On the other hand, or some of the advantages of buying a home may result in credit worthiness, proves that you are trustworthy, disciplined and according to Weintrub (2010), “gives one a sense of pride in ownership, stability and security” (para. 2.). With the above mention in mind, I will explore my personal advantages and disadvantages...
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...proper decision making is very important. The decision making should be about the courses, one wants to pursue for his successful career. In current scenario, there are myriad of avenues for an individual to choose as better career option. Most of these avenues ensure good career expansion in the future, but few among them do not. It all depends on the scope of the course, we are choosing to pursue. Every course regardless of its field has some or the other future prospects, but the extent and time may differ. After completion of my graduation from an average college, I was in a state of dilemma to go which way, which course can ensure me a good career growth? I started searching out for different courses that can go for higher studies. After a lot of research and consultation, I zeroed on Masters in Business Administration. MBA is a program, which draws students from different academic backgrounds and gives exposure to them regarding different facets of business such as marketing, finance, operations and human resources. MBA makes a candidate ready to face all the challenges of business. I think MBA is a degree, which can assure good career growth even to a simple graduate (Master of Business Administration- MBA) MBA is a degree or program, where you not only learn from the faculty, but also from your colleagues, who come from diverse academic background. It makes an individual aware of all the fields that are needed in a business process. A person holding an MBA degree...
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...Decision to Pursue an MBA Degree Decision to pursue MBA Program is a first step to reach my personal goal and start a new career. After my bachelor’s degree in Computer Science I was offered a job as IT Administrator to a well-known organization and never had an opportunity to think about further education. The decision to obtain an MBA requires a substantial commitment of money and time. However, there are many compelling reasons to pursue an MBA to get ahead in the business world. Below are some of the lines of reasoning that I want to mention: MBAs are internationally recognized Travel to many areas of the world, and most people have at least heard of the graduate degree known as the MBA. This makes it much more valuable than many other business degrees. For example, even though a Master's in Commerce may be a prestigious degree in some countries; other locations may not be familiar with the program. Having an MBA, which is recognized almost universally, will increase my ability to compete for jobs in more locations. MBAs can earn higher salaries One of the major reasons, as I have chosen to pursue an MBA is that it often allows graduates to earn a greater salary. Although the average starting salary for MBA graduates is influenced by the number of years of work experience they have prior to starting their degree, even those with fewer than three years of industry experience reportedly start out earning close to $70,000. This figure rises dramatically as graduates...
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...Writing an Argument Decision to Pursue an MBA Damita Jackson-Owens MGT 521 September 7th, 2011 Glenn Perry Writing an Argument Deciding to pursue a master’s degree in Business Administration is a decision worth sincerely contemplating. Not only may it boost in your self-esteem but you will obtain satisfaction for your ability to get recognized professionally. It can be an effective tool to enhance or advance one's career if carefully researched career goals are considered. It is an enormous commitment of time, personal sacrifice and financial investment and those who consider pursing it need to consider its value prior to pursing it. This brings me to discuss why I want to pursue my MBA degree. As the old saying goes, “A mind is a terrible thing to waste” and someone has at least heard this phrase told to them, “Knowledge is power” so therefore education is a lifelong process and you could never have too much knowledge. I will discuss my reasons for pursuing my MBA, share my personality traits and look at the pros and cons on obtain an MBA. My decision to pursue my MBA After obtaining my degree in Business Administration in April 2011, furthering my education immediately became an option in efforts to broaden my career opportunities. I am currently employed by the City of Tucson as a Housing Services Agent working with low-income families who are in need of housing under the Housing and Urban Development (HUD) public housing sector and have been with the...
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...Opportunity Cost of getting an MBA and Economic Factors to consider while taking a degree The opportunity cost of getting an MBA is what one must forego as a result of the resolution to pursue an MBA. Acquiring an MBA has potential career flexibility and advancement opportunities. This, however, gets accompanied by a huge price tag. Inflation has been outgrown by the higher education costs in America. Acquisition of an MBA has combined tuition costs with accommodation and stationery costs (John & Scott 112). MBAs can incur between 100 and 200 thousand dollars in expenses and debts in a two-year period. An annual tuition fee of 30,000 dollars can be increased with 10,000 dollars in additional boarding and stationery expenses. Moreover, a lot of programs necessitate the purchase of laptops in addition to costly overseas trips. Such "peripheral" costs can lead to semester expenditure double the tuition. To earn an MBA at an acceptable cost, it is advisable to pursue programs at public universities as they offer a less expensive option compared to the expensive private business school that lead one into educational debt. Some major companies and corporations assume partial or the full costs of an MBA program. It is advisable to pursue such an alternative as an MBA program is a capital-intensive effort that should be undertaken with diligence. Economics factors when pursuing a degree or taking another route in life Investing in oneself by pursuing a degree provides one...
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...a supporting an argument regarding my decision to pursue an Master’s in Business Administration (MBA) degree to achieve a personal business goal. Next, I will discuss the description to construct and Support an Argument. Finally, I will discuss the considerations of the Jungian Personality self-assessment on how others perceive you. My decision to pursue my MBA I decided to pursue my Master’s Degree with University of Phoenix because I wanted to achieve another business degree before taking the next steps toward opening my own childcare center. Opening up my own childcare center has been a dream goal since I was a teenager. Once I graduate with my Master’s Degree there is a lady I know who already operates two Goddard School Franchises. Ms. Karen told me that when I am ready to take the first steps, such as finding a place, and getting a loan that she will be there to help guide me in the right direction such as giving me the first $25,000 as a down payment. After I do find a place, I plan on starting with infants and toddlers, this way I am able to get my name recognized around the city as a childcare center owner within my community where I live. Pros and Cons of getting my MBA As stated by Clouse, (2006, p. 433-434), “In argumentation, the writer offers evidence to support a claim about an issue. The more convincing the evidence, the more likely readers will agree.” When stating the pros and cons about pursuing my MBA is a life-changing, but rewarding moment...
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...Why an MBA University of Phoenix MGT/521 May 31, 2010 I could not decide if I wanted to go after my Master’s in Business Administration, or just stop at my bachelor’s degree. It took me 26 years to decide to go back to school to pursue my AA in Accounting, despite all the pressures, and pushing that I had received from my parents and my family members. So in 2006 I decided that it was time, I looked around to a variety of different colleges and decided that I wanted to attend University of Phoenix Online because I did not want to deal with going to classes, instead I preferred to stay home and be comfortable. After my associates in accounting I decided that because I could still not find a permanent job, I would go ahead and pursue my bachelors of arts in accounting as well. When I was in my last class of my bachelor’s degree, I was toying around with going after my master’s in business administration, and then what will I specialize in. I had been looking for jobs for quite some times on the Internet and in the papers for quite some time and have been sending out hundreds of resumes and have received no responses. I figured that if I went for a master’s degree it would open many more doors in the future. It was a tough decision on whether I wanted to pursue that master’s in business, after all I had been going to school now for the past four years, or if I should just stop at my bachelor’s degree and look for a job. It turned out that finding a job was not working out...
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...Writing an Argument The purpose of this assignment is to raise and counter objectives regarding the decision to get an MBA. The impact of education on earning potential and job security will be examined. The paper will also discuss how raising and countering objections has helped inform my own decision to get an MBA and the reasons I have decided to go back to school. Objectives will be raised for reasons not to pursue a graduate degree and referenced information will be sited to support the content of the paper. Raising Objections to Pursue MBA As children we were taught the value of education and the importance of obtaining a college degree to be successful. At such a young age it may have been difficult to fully grasp how the proper education could shape ones future but with age comes wisdom and understanding. Many people go to college and obtain associate and bachelor degrees but a master’s degree can definitely make you stand out amongst a group of qualified applicants. “In this job market, anything that differentiates you is helpful” (Stires, 2010, pg. 3). Pursuing a Master’s degree takes dedication and tenacity and these efforts are recognized by potential employers. There is a clear relationship between earnings and education. A graduate degree provides individuals with the opportunity for more earning potential and an increased knowledge base. Lott (2010) stated: ...
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...administration was one of my many dreams and the best decisions I could every make. I knew that choosing to pursue a masters in business administration would begin many new career opportunities. In July 2006, I had the opportunity to obtain my undergraduate degree from the International Academy of Design and Technology Tampa in Recording Arts (Audio Engineering) at the age of 31. At times, the decision felt a little tough because I work time and run my own recording studio. At my old collage, several of my instructors actually made an impact in my life; they advised me to pursue the MBA after six months to a year of rest, in order to get some of my affairs in order. By pursuing an MBA degree, I can also go back and teach at the Academy, it also helps me to achieve goals in my personal life, such as becoming a better businessperson. Some of my former instructors perceive me to be a complex person with a big vision and a low tolerance for stupidity. I thought long about my decision and the time it would take to finish the MBA program and the time I had to give up to accomplish my goals. I did not want to waste any more time and have my dreams ruined, I determined that it made more sense not to wait six months to a year, I only took three months off to give my brain a rest than I decided to pursue my MBA right away after earning my undergraduate degree at the Academy. My decision to pursue an MBA degree was more on considering the benefit of an MBA degree and the right time to do it. Upon receiving...
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...My Decision to pursue MBA decision to start MBA is one step to reach my personal goal and in order to further my managerial career. I completed my bachlor of engineering in computer technology in 2002. I start my career as marketing executive in 2000 i.e. before completing my bachlor as I comleted my bachlor I join a software firm siliconswift software solution as software engineer but I were alwayes want to be a management person so I did what ever I can do to be a part of management team and I accomplish that goal with in two years and became a business development manager which was my first goal of carrer. After working as BDM for one year, managing development team, working with clients,etc I always feel lack of management skills, what ever I learn with siliconswift software solution is not saficient for me. I talked to my program manager Ajay Rathore and he is the first person who suggest me to go for MBA. he said that if my real goal is to a successfull manager I have to go for MBA. The decision to pursue an MBA was difficult to make and there were many factors to consider. Those factors include timing, expenses, being out of school for a long time and simply having the motivation. The rewards are endless and far out weigh the aforementioned factors. Earning a degree is important because it improves quality of life, expands knowledge, it’s a great investment towards a great career, and it gives a sense of accomplishment. After comming...
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...Raising and Countering Objections Regarding the Decision to Get an MBA Shameka Decuir MGT/521 February 20, 2012 Dr. Douglas Gilbert, DBA, JD, MBA Raising and Countering Objections Regarding the Decision to Get an MBA The number four has many meanings. In East Asia the number four represents death. I agree with this superstition for a reason. It took me four years to decide if I should pursue an advance degree. I have finally put my fears to rest and have decided to embark on the journey of attaining my Masters of Business Administration with a concentration in Health Care by February 2014. This decision took me four years due to several pros and cons I weighed, uncertainty of what degree to pursue and my current career. There are several advantages and disadvantages that I weighed during my journey to decide on pursuing an advance degree. With completing my undergraduate program not only did I get a degree in Business Administration I also incurred a hefty amount of debt, $40,000 worth. According to an online article in 2011 the average cost for graduate school was $10,000 per year at a state college (Jo, 2011). These individuals often have to pay off their loans for between 10 to 25 years, depending on the amount they owe. People do not have many options for getting out of debt when they cannot pay their student loans, as private and federal loans are not subject to bankruptcy (Latzko, 2011). Along with this adding on to the debt this can also be time consuming...
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...Why I Decided to Pursue an MBA to Further My Career MGT521 April 5, 2006 Why I Decided to Pursue an MBA to Further My Career A worker with a master’s degree on average will earn roughly 25% more than a worker who has only a bachelor’s degree according the Graduate Admissions Council (GMAC) survey published by Business Schools Directory. Additionally, individuals with an MBA who decide to work in the IT sector, like me, or in such sectors such as investment banking or consulting firms can expect to earn higher base salaries than MBA holders working in other industries. “In 2007-2008, At the master’s degree level, the greatest number of degrees were conferred in the fields of education (176,000) and business (156,000) (U.S. Department of Education, 2007-2008). There are many different career paths where an MBA will get you further and open more doors than a candidate job seeker without. I became interested in moving into a management role after working for several years in technical roles in the administrative field. After deciding further education was necessary I invested 3 years of my time in obtaining a Bachelors degree in Management. After completing this program it was time to look at where I wanted to go. In preparation for considering the options available to me, earning an MBA degree just seemed to make sense. I had previously set a personal goal to switch career paths and work as a manager for a high tech company. I believe a MBA is the key to putting me...
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