Is It Worth Getting A MBA In Business Administration?

Is it studying for a a masters degree in business administration? How can you get started? In

this post we respond to these questions by looking at what receiving a MBA in Business

Administration involves and how you can expect it to influence your career and overall

income.

There are quite a few methods of gaining your MBA in Business Administration but the

standard way of doing it is a 2 year, full time course. You can do a part time course over more

time or an Accelerated MBA that is more intense. There are also programs that are created for

people who want to work a full time job while also working towards the qualification.

So what are the admission requirements? Well it is different for every program but most base

the admission on the Graduate Management Admission Test (GMAT), ref, work experience

and personal interviews. Again it all depends on the institution. Some of the top programs

want 5 years of professional experience for admission which is quite a big ask! If you meet

the requirements then it might be something worth thinking of!

The central focus of the courses introduce you to standard and core business practices such as

finance, human resources, operations and marketing. You can decide to do more broad

modules through the course or you could pick a more specific area to focus your attention on

like management accounts or finance. 

Students generally focus on more broad subjects in the first year to get a feel for what they

would be good at, then find more of a focus or expertise in the final year.

The focus could be one of many topics such as finance, human resources, international

business or entrepreneurship. The student does not necessarily need to select a specialty but it

typically means it's easier to find a job if they do.

So how much more money can you make with a MBA compared with not having an masters

degree. Well it definitely depends on loads of factors such as which school you go to, where
you live , who you know etc but it's been found that MBA graduates can earn an average of

35% more than graduates with out a MBA.

That adds up to a decent amount of income over your career. It is also likely a person with a

masters degree would progress through the career ladder sooner. This means that you earn

more to begin with and your earnings grow faster. Doing a masters degree can be quite

expensive so you need to work out if it is worthwhile for you.

from ArticlesFactory.com

Exercise

1. What is the main idea from the text?

Main idea from the text is someone who has a MBA degree will get more benefit and will be
younger in the business world

2. What is the purpose of the text?

Purpose in the text is at what receiving a MBA in Business Administration involves and how

you can expect it to influence your career and overall income.

3. Who is the subject from the text?

Subject from the text is MBA (Master of Business Administration)

4. Did you think the text related with your section? (Why)

yes, because here I study in administration so the lessons or material I study relates to
business administration