...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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...Pursue of My MBA Degree On December 17, 2008 I received a telephone call from a woman named Jessica Wolfsen, University of Phoenix Alumni Liaison whom congratulated me on completion of my bachelor of science, accounting degree from the University of Phoenix I received in July of 2008. She wanted to know if I have registered on the Alumni Network website, which I had not. Then she asked if I had considered an advance degree. I told her I had concerned the idea but had not made a decision on returning to school. She informed that the University of Phoenix was offer a special in January for students returning to school and she would have an enrollment counselor give me a call to discuss the opportunity in more detail. Approximately an hour later Joseph Sorge, Senior Enrollment Counselor West Division, gave me a call. Joseph and I discussed where I am currently in my career and he subjected that receiving my master of business administration with a concentration in human resources would be a wise personal and professional decision. Therefore, I chose to apply for the master’s program to further my career and on December 19, 2008 I received a letter from the University of Phoenix stating that I had been admitted into the master’s program. This decision came with wanting to become more marketable to advance and improve my knowledge within the business administration and human resources industries. Obtaining my MBA will make me more marketable in the sense that it will...
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...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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...MBA: My Bachelor’s Ain’t…enough! Management 521 MBA: My Bachelor’s Ain’t…enough! Pursuing an MBA is simply another way of saying, “My Bachelor’s degree just Ain’t enough!” Obtaining a Bachelor’s degree should be considered an amazing accomplishment. However, many have come to the realization that it is, in fact, inadequate. The status of the current economy is a leading indicator that something beyond a Bachelor’s degree is needed. A potential stepping stone beyond a Bachelor’s degree is an MBA, which opens up a great deal of opportunity compared to a Bachelor’s. Many reasons exist for an MBA to be sought out and why a bachelor’s just “Ain’t enough.” Some of the top reasons to pursue an MBA are that a Bachelor’s degree does not provide the potential to make enough money, give the education to be marketable enough, or give enough prestige to the degree holder. A study in the Journal of Marketing for Higher Education led by Lynn Dailey, MBA, PhD, marketing professor at Capital University, Columbus, OH, showed that career advancement, financial security, and elevated social status/prestige (see Table 1) are within the top 5 reasons to pursue an MBA (Dailey 148). Because of the current trend and these economical times, a Bachelor’s degree is just not enough. Pursuing and obtaining an MBA is an excellent way to make more money in the long run, to make one more marketable, and to give one more prestige than with a bachelor’s degree. One of the top reasons heard most for 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 with skills...
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...Pursuing My MBA Pursuing My MBA May 6, 2008 Introduction One of my many dreams has always been to completing my education. As a single parent raising two boys, and working fulltime, it was a dream of mine to earn a college degree. Finally, I had the courage to get my undergraduate degree at the age of 49 from Jacksonville University. I considered myself lucky because several professors truly made quite an impact in my life. They advised me to pursue the MBA after one year of rest, in order for me to get some of my personal affairs in order. My former professors perceive me to be an outgoing person with a vision and a low tolerance for incompetence. They often refer to me as a natural leader. Possible career as a manager, I did not want to risk having my plans ruined. I thought long and hard to analyze the time it would take me to complete the MBA and the time I had to give up to accomplish my dream. My decision to pursue an MBA degree was more on considering the benefits of an MBA degree and the opportune time to do it. I decided that it made more sense to wait a year rather than pursue immediately after earning my undergraduate degree. I knew that choosing to pursue an MBA would basically open up new career opportunities. Some of my concerns were getting back into studying and test-taking mode, which doesn't always come naturally after some time away from it. I’m fully aware that attending work and taking classes at the same time can be a heavy...
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...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 is capable of doing everything, which is beyond the...
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...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: Individuals who hold a master's degree as their highest level of academic attainment...
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...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, especially...
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...Why I Chose to Pursue an MBA Abstract This paper will outline the reasons I chose to pursue an MBA. I will construct and support an argument for my pursuit of an MBA. I will support my decision of pursing an MBA with references and data of individuals who have written articles regarding the pursuit of an MBA for African Americans. This paper will include my Jungian results from the 16-Type Personality Insights questionnaire to see if I have the qualifications of a manager. Why I Chose to Pursue an MBA I decided to pursue an MBA to start a new career and to achieve a personal goal. I have a best friend who persuaded me to further my education. She would tell me, “Seles, this world is going to require that individuals who seek employment have a Master’s degree.” I began to think how my goal would be achieved and what university I attend. Wondering and worrying about the cost of this type of education caused me to have many sleepless nights and much stress. My concern was finding the time between allocating times with my six year-old son, working part-time as a volunteer and taking care/assisting my parents who are 70. Also my biggest issue I had was who would hire a recent graduate who is almost 50, African-American single parent of a six year-old son and who have never worked in the corporate world. So I prayed and asked GOD to authorize my pursuit of a Master’s degree. I talked with my advisor Lance Thorsen and he eased my mind and encouraged me to...
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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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...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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...What is an MBA? An MBA is the Master of Business Administration degree granted by colleges and universities. Receiving an MBA is a good way to get ahead in your career. Earning a Master of Business Administration degree leads to promotions, job offers from competing firms and salary increases. Nowadays, companies can afford to be more selective in whom they hire so it's important for candidates to have every advantage they can when seeking employment or promotions, which leads to more people obtaining an MBA to give them an advantage in competitive job markets. There are several pros and cons that should be weighed when deciding whether or not to pursue an MBA degree. While there are some arguments against obtaining an MBA they are minimal- the amount of work, cost, time and commitment are a few objections. On the other hand, favored arguments of getting an MBA are limitless. Everyone's aspirations, career dreams and goals vary but can all come true by getting an MBA. Schweitzer (2012), stated, "Students of MBA programs study the theory and application of business and management principles. This type of study equips students with knowledge that can be applied to a variety of real world business situations. The MBA degree is thought to be one of the most prestigious and sought after degrees in the world" (MBA-Understanding the MBA Degree, para.1). Although every person's situation is different, there are some arguments in favor of a Master's of Business Administration Degree...
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