It's a common question that has been asked time again, “Is executive MBA worth it?” This question is very simple, yes it is, and no, it isn't. I can see now why so many people decide to enter an MBA program when they are young or even if they are already working, because it seems like a good way to move up in the company they work for. But what is an executive MBA anyway? And should someone who wants to go into this type of career change to go into it?
When you consider the answer to the question “Is executive MBA worth it” you will realize that there is much more to this career path than meets the eye. There are many reasons that it might be a good career move, but it is important to understand all the implications before making any kind of decision. If you're a young graduate and not a recent graduate but have the financial capability to take the course, then executive MBA might just be right for you!
Before you decide to go into an executive MBA, you should first decide where you want your career to go. In order to make a good decision about this career, you need to make sure that it is something that will benefit you. You also need to decide what level you wish to go to and at what institution.
When deciding whether or not you want to get an executive MBA, think about your experience. If you have a few years experience with the same firm or industry, you will probably find that getting an MBA is a good way to upgrade your skills. In order to be sure that your experience is as good as it can be before applying to the MBA program, you will want to consider getting some more hands on training. Even if you just want to continue with the skills you already have, having a good knowledge base will help you a lot in preparing for your future.
You will also need to decide whether or not you will be able to pay the full tuition cost of an executive MBA. This is something that you will have to calculate. You will have to decide whether or not you will be able to afford your own a home in the city you are going to school in, whether you can afford to rent or purchase a car, if you have the ability to pay for books and other expenses, and whether you can afford to spend that much money on your time away from your current job and family life. If you cannot afford it, don't go into it!
As you can see, the answer to the question, “Is executive MBA worth it” may not always be what you thought it would be. If you feel that it is something you really want to do, then take the necessary steps to determine if you will be able to make the changes that it will take to make it happen. If the answer is no, then you may want to reconsider the decision.