Editorial Staff
In today’s job market, many of the conventional paths to success are no longer a sure thing. One of these conventions, the tried-and-true MBA, is just not as valid as it used to be. Before you enroll in an MBA program, consider getting your feet wet by working. Here are some reasons why gaining job experience may be the better option.
The costs may outweigh the benefits
Many people graduating with MBA’s today are not finding the jobs they expected to waiting for them. And now they’re saddled with triple-digit student loans. Some top MBA programs cost as much as $200,000 with the combined tuition, room-and-board, books and supplies. International students can face even bigger hurdles. Federal funds for education (grants and loans through the U.S. Department of Education) are available to US students, but not to India and other international students (However, every country has their own grants, scholarships, etc). Couple this with the ever-increasing price of tuition and dim prospects for a higher payoff, and putting off the MBA seems like a good choice. Continue Reading.
