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Old 09-07-2012, 08:37 PM
SGWorker SGWorker is offline
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I've been looking up different viewpoints of getting an MBA degree and the perceived benefits of undertaking the program, there are several articles that I'd like to share with fellow forumers, here are several snippets that I feel are quite relevant for this thread -

"We see a lot of people who have done well in their careers. They've got good technical skills. They've got some leadership experience. They're doing a lot by instinct, and they want a place where they can learn a more comprehensive and structured set of skills. Concepts such as weighted average cost of capital, how to apply game theory—those are concrete things that can help if you're just feeling your way through."

Is an M.B.A. Worth It? - WSJ.com

One last note, for you wannabe entrepreneurs. If you think you need business school to teach you how to run a company, you’re wrong. Business school is for people with a plan and who are averse to risk. That’s usually the exact opposite of an entrepreneur.

What are the benefits of getting an MBA? People consider getting an MBA for the following reasons:

1) Better job prospects and opportunities Students feel that bolstering their resume with an MBA will land them fast-track promotions, higher salaries, better networks, etc. They also feel that an MBA will put them in a more advantageous spot when pursuing a job of managerial and executive level.

2) Comprehensive and structured set of managerial and technical skills The courses help you understand and concretize and the bits and pieces of knowledge and skills that you picked up while working and develop them fully, starting from the fundamentals.

3) Networking opportunities The classmates that you work and interact with are also working professionals and they provide for good networking opportunities. Your classmates might be able to bring you into their company or connect you with their own business contacts.

4) Prestige Holding an MBA from a top-tier school will put you in a favourable position in companies that emphasizes on advanced schooling - many government and public sector jobs in Singapore recognize and reward employees with an advanced degree - this includes higher salary and top executive positions. In large MNCs, having an MBA is almost a must-have for moving up the corporate ladder.

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