Preview

Why Do I Want an Mba?

Powerful Essays
Open Document
Open Document
1108 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Why Do I Want an Mba?
Running head: WHY DO I WANT AN MBA?

1

Why Do I Want An MBA? Sandra R. Schubert MGT/521- Management December 10, 2010 Edward Darley

Running head: WHY DO I WANT AN MBA?

2

Why Do I Want An MBA? A Master’s in Business Administration (MBA) degree not only opens many doors of opportunity for the possessor of the degree, it also increases one’s potential for earning higher salaries and developing a better career path. Along with the prestige this degree brings, increased responsibilities will no doubt be a big part of it. For instance, if one is looking for a career in educational instruction, it is imperative to note that employers will not even bother looking at a resume unless an MBA is attached to it, yet there are those who believe that pursuing an MBA is foolish and a waste of time; I disagree. According to Hansen (1996-2010), "there is growing evidence that having an MBA not only gives you more leverage in dictating new job titles and salary, but also gives you leverage in achieving a better balance between work (read: fewer hours working) and life outside work,” (What an MBA can do for your career, para. 16). My reasons for acquiring the MBA are many and stem from the need to be self-reliant and financially stable. I am not looking to become rich but have a comfortable life. I desire a rewarding career and the MBA will provide opportunities that otherwise would not be there such as teaching online. Advantages of an MBA Degree An MBA installs knowledge of a wide range of subjects like organizational behavior, economics, accounting, operations management, supply chain management, and project management. The MBA program also allows the student after the first year to specialize in a variety of areas such as health care, information technology, or human resources. The Veasley (1996-2010) website stated, “It 's an undeniable fact that my MBA has served me well. My graduate work exposed me to knowledge and practical experiences that

WHY DO I WANT AN



References: Gary Yukl, (2006). Leadership in Organizations (6th ed.). UPPER SADDLE RIVER, New Jersey: Pearson Prentice Hall. Hansen, R. S. (1996-2010). The Master of Business Administration: Is the MBA Worth the Time, Effort, and Cost?. Retrieved 12/10/10 from http://www.quintcareers.com/MBA_degree.html MacKay, T. (2010). 10 Reasons why you should get an MBA. Retrieved 12/10/10 from http://www.cio.com/article/122508/10_Reasons_Why_You_Should_Get_an_MBA?page =5&taxonomyId=3125 University of Phoenix. (n.d.). Jungian Personality Assessment. Retrieved 12/8/10 from University of Phoenix, MGT521-Management website. Veasley, D. (1996-2010). The advantages of an MBA. Retrieved 12/10/10 from http://www.gradview.com/articles/graduatestudies/mba_advantages.html

You May Also Find These Documents Helpful

  • Satisfactory Essays

    The course presents leadership and management theories/concepts that have emerged over the past several decades. It provides students the opportunity to apply these theories through case analysis and to enhance personal skill development through self-assessment exercises. Included in the course are identification of current leaders and leadership as well as contemporary perspectives on ethics, networking, coaching, organizational culture, diversity, learning organizations, strategic leadership, and crisis leadership.…

    • 430 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    In the pursuit of a Masters of Business Administration (MBA) at the University of Phoenix have given understanding in the functional areas of business. Every organization has leaders that must study different areas within that organization. In order for them to work in these different areas in the organization, he or she must focus on the functional skills and responsibilities that they will carry out for the organization to become successful. Each employee has a responsibility within the organization, which will allow them to build and communicate the organizations goals.…

    • 1144 Words
    • 5 Pages
    Better Essays
  • Best Essays

    MSc Clinical Leadership

    • 5046 Words
    • 16 Pages

    Hoff, K.S. (2004) ‘Leaders and managers: Essential skills required within higher education’, Higher Education. 38(3): 311-331.…

    • 5046 Words
    • 16 Pages
    Best Essays
  • Good Essays

    Having an MBA will help me to grow as a leader in the management role; the two functional areas of the business which interest me are Leadership and Operations Management. Leadership is a skill which will help me to manage different groups to complete a task whilst keeping the group working as a team or developing the group into a team and satisfying the requirement of the individual group members. Leadership will help to inspire to convert my plans into actions. Leadership will help me to improve my communication skills, as a leader I will have opportunity to speak intelligently to diverse groups. I can develop negotiation skills, when working on different projects I will be able to negotiate on the timelines. Leadership role will help me to develop networking skills; I will get to know senior management, stakeholders, and high-profile figures. Building relationships with these people will increase my network. Leadership is an area where I will be using my knowledge and power to execute my ideas into solutions.…

    • 659 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Why I Went Back to School

    • 426 Words
    • 2 Pages

    Secondly, I feel that with my degree in hand I can help insure that when I open my own business it will be successful. I think many businesses fail because the owners are not equipped with the full knowledge to run a business and before they know it, their business is closed. I feel the prestige that comes with having a business degree and obtaining the knowledge of running a successful business, the…

    • 426 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    I am pursuing a Master of Business Administration (MBA) degree to attain the necessary tools to manage and lead an efficient staff in a healthcare environment. Currently, my role as a Clinic Staff Coordinator at The University of Texas Southwestern Medical Center (UTSWMC) involves training and developing new front office staff within the numerous outpatient clinics on campus. While my passion for helping others grow is satisfied in this position, my ultimate goal is to provide this same support for the management that oversee each clinic. Obtaining this MBA will allow me to further advance my career into an upper-level management position within the organization to fulfill this ambition.…

    • 593 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Why Obtain an Mba

    • 1034 Words
    • 5 Pages

    I personally feel that I could do more within my field and have interests that extended beyond patient care. I have become more interested in the health care field as a business. I have found new interests in how the industry works from a financial arena. The healthcare industry including Medicare and Medicaid are popular topics of interest at this time. This is the area that I presently work in, so I feel that this is the opportune time for me to seek an advanced degree. In addition to my MBA, I have included a second major, an MSN (Master’s Degree in Nursing) so I will have the opportunity to capitalize on both areas making me more…

    • 1034 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Mba Matrix

    • 520 Words
    • 2 Pages

    References: Rubin, R. S., & Dierdorff, E. C. (2009). How relevant is the MBA? Assessing the alignment of required curricula and required managerial competencies. Academy of management learning & education, 8(2), 208-224. Retrieved from Univ. of Phoenix online Library. Yukl, G. (2006). Leadership in organization: The Nature of Managerial Work. (6th ed.). Upper Saddle River, NJ: Prentice Hall. Retrieved from Univ. of Phoenix e-book collection.…

    • 520 Words
    • 2 Pages
    Good Essays
  • Better Essays

    This paper is my analytic theorem to my Blueprint of Professional and Personal Growth from the course “Dynamic Leadership”. It gives a brief breakdown of my path to achieving my MBA. An executive summary is presented to show how the course educated me in a more systematic way and how it helped me identify my qualities as a leader and my values. Furthermore, in detail is three (3) goals I plan to achieve in my personal and professional development.…

    • 2258 Words
    • 10 Pages
    Better Essays
  • Satisfactory Essays

    I am pursuing a college education because I would like to become a teacher. I plan to major in history and take education courses to become a secondary teacher after graduation. After teaching approximately two or three years, I would like to begin my masters in education. At this time, I also plan to take classes in administration and guidance so that I can be an administrator or guidance counselor if the opportunity becomes available. My career goals can only be accomplished with the aide of a college education.…

    • 205 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    The longer one has been in the workforce the harder it becomes to return to school. Family, work, and social obligations makes the decision to return to school a hard one. If one is to be successful in a graduate program time management and embracing new technologies are the keys. Obtaining a graduate degree is important because it can open up more opportunities for career advancement. Though a master’s of business administration (MBA) may make one a good candidate for management positions it does not necessarily guaranteed employment. In fact, with the increased number of professionals returning to school to get advanced degree it makes it harder to find employment. With solid plans for using a master’s degree one can achieve huge financial rewards. MBA graduates make more money over the course of their careers than those who do not return to school. The opportunity for advancement and to make more money is the motivation for returning to school.…

    • 808 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Opportunity Cost

    • 617 Words
    • 3 Pages

    The opportunity cost of receiving such a degree heavily depends on your personal and professional situations. Evaluating your personal situation can be more important than professional because you have to be able to put yourself in a position where you are able to start a program, be successful, and stick with it. To do these things you have to sacrifice time that you spend for yourself, your family, and other activities that you enjoy doing. Anything that is non-monetary that you sacrifice in obtaining your MBA is considered to be your implicit costs. Sometimes you even have to put things to the side such as getting a part-time job to make extra money or even starting a family. Your professional opportunities also play a factor. Evaluating whether obtaining an MBA for professional growth really depends on how you see yourself in the future. Do you want to advance your career at the same company where you are currently employed, or make a career change? Does getting your MBA assist you in achieving higher positions in your current field? Are you comfortable with the current level of education that you have earned? These professional issues play a huge role in deciding whether you should continue on in school. (Thomas-Maurice, 2008)…

    • 617 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    The bottom line. The MBA degree will continue to be an important fixture in the corporate world. Business schools are, in a sense, businesses themselves and will continue to ensure their relevance. Despite the debate about the worth of an MBA in today’s tough economic times, placement rates at the top programs are excellent this year (Tuck is nearly back to its pre-recession placement level). The MBA continues to signify to employers a knowledge of core business subjects and an ability to handle complex management issues.…

    • 525 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Academic Goal Essay

    • 399 Words
    • 2 Pages

    As a result, from many of my previous employment experiences and financial difficulties have led me to go back to college and have experienced a strong influence in my career choosing. Therefore, I have decided to work towards a major in business management.…

    • 399 Words
    • 2 Pages
    Good Essays
  • Good Essays

    I chose to pursue a Masters program in Human Resources since I already possessed a passion for seeking ways to enhance productivity through a creation of a conducive work environment, my thought being that while passion was alright, possession of knowledge and technical know-how will greatly improve my methods in the pursuit of my goals. An MBA sets me on the right path for this and I am willing to continually engage in self-development to enhance my ability to contribute meaningfully to First Bank.…

    • 711 Words
    • 3 Pages
    Good Essays