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5)YOUR INVESTMENT OF TIME AND MONEY

本文发表在 rolia.net 枫下论坛So far, you have determined one or more
interesting industries or job functions,
and you have gathered information from
individuals in those fields. This information
has shown you the merits of an
MBA degree.

The next step is to evaluate the financial
implications of your potential MBA
investment. Graduate school is likely to
be the most substantial investment you
will ever make in yourself. Given that
70% of MBAs borrow funds to pay for
their education, ask yourself if you are
willing to make a similar commitment.
Before proceeding further, you must
weigh the costs and benefits of pursuing
an MBA.


COSTS:
• Look at the total tuition cost required
to complete the degree. This cost may
be offset by any scholarships you may
receive based on your relative competitiveness.
Note: If you are planning to
pursue your degree anywhere other than
in your country of citizenship, your
associated costs will be higher. Keep in
mind, if scholarships are not available
to you, your ability to borrow might
be severely limited both in your home
country and in the country where you
wish to study.
• Weigh lost income against improved
job flexibility and the ability to return
to the job market at a higher salary.
• If considering a part-time program,
weigh the value of remaining employed
and spreading out tuition payments
against the prospects of staying at a
pre-MBA salary longer. Also consider
whether tuition reimbursement (if
offered by your employer) is worth the
obligation and reduced career mobility.
• Anticipate loan interest and principal
repayment schedules.
• If applicable, factor in relocation
expenses and the differential in living
expenses once you are in school.
• Do not forget MBA school search and
job search costs, including application
fees and corporate networking visits.



BENEFITS:
• The education opens doors to a range
of employment opportunities across
industries.
• The degree provides a foundation for
upward career mobility and expanded
management responsibility.
• An MBA program teaches you how to
increase your marketability.更多精彩文章及讨论,请光临枫下论坛 rolia.net
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