My Decision to Pursue an MBA Degree
Ever since I completed my Bachelors degree at University of Phoenix I thought about continuing my education with an MBA. When I completed high school I was the individual who thought were going to go out and “tackle” the world. Five years after I found why obtaining this knowledge is so important. I currently have two Associates degrees and a Bachelors degree. As the world changes must adapt to those changes, especially in the work environment that I am in. This is one reason that I choose to pursue an MBA degree. After I did the research I found many more are outlined below: Effect on my Future
One of the main reasons that I thought about a master’s of business administration degree is to increase my salary potential. My goal is to peruse an upper management position. In most cases that I have seen they must have an MBA degree for an executive and senior management positions. One of the first items I completed was to compare the salary ranges in the career paths I wanted to pursue. I compared what a Bachelors degree would pay against that of an individual with an MBA. I am more concentrated toward an MBA that focused on the IT sector. This is one of the higher paying fields compared to other MBA holders. So with my love of computers it is alone natural that I chose to do my concentration on information technology. This is outlined in Table 1. Using the above figures if I have 25 more years or employment until I retire I can expect somewhere in the neighborhood of $538,250 in my salary. I am looking at spending around $40,000 in tuition to complete my MBA degree. So if these figures hold true I should grow a return on my investment in year three after graduation. Several variables exists that they must take into account when considering salaries, include school prestige or recognition, your field or study, level of experience, and the area you live in. This would just be a rough...
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