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Old 22-02-2012, 11:32 AM
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The key Qn for prospective mba students is how much of the pay rise above is directly due to the mba, & how much of this is due to normal career progression (ie 1 or 2 promotions in 6y) + normal pay increase (ie finance professionals in many had foreign banks saw a significant increase in base pay as political pressure on bonuses ratcheted up in 2009 - 10).

Reality is that most employers in singapore do not pay meaningfully extra if their existing employees get an mba. Indeed for many companies, unless they r sponsoring u 4 an emba, do not view an employee doing a 3 yr part time MBA (and leaving office early many a day) in a positive light.
I agree. you raised an important point.
1) most people would prefer the 'safe' option of doing a local or part time MBA and hoping for recognition and huge promotion. Frankly the probability of that happening is remote. Most of the time that person is already a star performer and the MBA is an icing on the cake.
2) For those who are stuck or frustrated with current progression, taking this 'safe' option is ironically more risky because you become more frustrated. You complete an MBA which your current employer doesn't value and you end up leaving the company only to be viewed by prospective employer who sees this guy or gal wanting a higher pay just because of an MBA.
3) despite the risks, it makes sense to start afresh, do a full time program and switch industry. take it like a one to two year job search like what most of the previous contributors have mentioned.

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