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Mba Objections

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Top Three Reasons Not to Get an MBA

Shaun Hamilton

MGT/521

March 30, 2012
Gary Maxa

Top Three Reasons Not to Get an MBA

There is no question that everyone in today’s market was affected by the recession.

According to Kimberly Amadeo, “An economic recession is when growth slows, usually due to

a fall-off in consumer demand. As sales drop off, businesses stop expanding. As unemployment

rises, and consumer purchases fall off even more, housing prices usually decline” (Amadeo n.d,

What is Economic Recession? Para. 1). Many Americans have elected to go back to school and

further their education toward an MBA to be more competitive in the job market.

However, there are reasons pursuing an MBA or any grad degree may not be the best option.

Such objections include cost of tuition, time spent away from work and family, and the

job availability after graduation.
Cost of Tuition

The stress of paying the house, car, and credit cards can be overwhelming. Also individuals need to think about the cost of pursuing a higher education. “Although the cost of an MBA degree can very, the average tuition for a two-year MBA program exceeds $60,000” (Schwietzer, 2011. How Much Does It Cost to Earn an MBA? Para. 2). Many individuals will have to get a loan and pay interest for a considerable time. Also the cost of tuition continues to rise. “ Though MBA programs have multi-million dollar operating budgets, schools say tuition revenues cover less than half of their annual expenses, making cost-hiking a necessary evil. Each year, B-school tuition is often bumped up 4% to 7%. And that doesn’t include housing, books, and student fees, which can tack on another $10,000 a year and often more” (Schneider, 2012. The Ever-Costlier MBA Degree. Para. 2). Individuals believe that the cost is not worth the two-year sacrifice

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