Is an MBA Worth It?
Obviously the course is popular and many people want the qualification.
The question to ask is whether the MBA is worth it for you. Any meaningful MBA curriculum at any reputable school will require you to invest a significant amount of money, a substantial expense of time away from work, a sacrifice of most of your social life, a very difficult degree of discipline, and considerable personal commitment to the program. It is not an easy qualification to seek and you must be prepared to face a punishing schedule of study and co-curricular activities.
Like any professional course, an MBA is worth it only if you’re suited for the curriculum. Not everybody can be a doctor or an engineer or an architect or an accountant. If you don’t have the natural inclination and aptitude in a particular area of study, no amount of wishing or trying will make you excel in your chosen field or give you the job satisfaction that you desire from your work life.
On the other hand, if you’re sure you want a career in management, the MBA qualification will surely help you. Given that head-hunters and HR people seem to trust the grounding and training provided by the standard MBA program, getting a job you like can become easier with an MBA qualification on your résumé. Since your understanding of business administration will have expanded because good MBA programs strive to give their students in-depth, real-world, hands-on, practical application-oriented experiences along with the theoretical grounding, you will almost certainly find it easier to advance along your career path.
A caveat: you should first understand your aspirations and get a feel for whether you’re suited to business administration. Give yourself a few years to test whether this is what you would like to do for the rest of your work life and then go for the qualification if you still have the enthusiasm. You will get a lot more value out of the course if you come from a position of knowing the ground realities of being part of an organization. At the same time, the program will then be more real, more worthwhile and mean a lot more to you than just studying for a degree.