USA B-schools offer a good return on investment
Pursuing an MBA is a huge investment. However, with the global
economy in trouble, jobs are becoming scarce, salaries are reducing and
students are scrambling simply to find summer internships, let alone
full-time positions. It is at this time when we should ask ourselves a
question ‘is it worth it?’ Is spending so much money on an MBA degree
really worth it? Also if you decide to do an MBA, you should ask how
long it might take you to recoup the cost.
For years, an MBA from Harvard or Stanford were considered as the
ultimate business qualification. People were ready to take hefty bank
loan to be able to pay the fees of these institutes. However, as per a
recent study by Bloomberg Businessweek, it has been revealed that it can
take a Harvard or Stanford MBA
graduate more than 10 years to fully recoup his or her investment in
the degree. Businessweek has used the following criteria to measure the
return on investment (ROI): pre-MBA salaries, post-MBA salaries and cost
of attending business school.
When we asked experts why is the return on these elite MBAs so slow?
Well, one theory is that these B-schools generally have the highest
tuition costs, and they attract applicants with high pre-MBA salaries,
which mean they will not fare well in this ROI calculation. This would
certainly disturb you and make you think twice before you make such a
huge investment.
What was revealed is that pursuing MBA from a B-school which does not
feature in top 25 B-schools will give your return on investment sooner
than top B-schools.
It is for this reason that as per the study, Texas A&M had the
fastest return of any US-based program, with the investment recouped in
just under three and a half years. Other U.S. MBA programs at the top of
the ROI list include: Michigan State’s Broad College of Business, the
College of Business at the University of Illinois, and Penn State
University – which all have ROIs of under four years. The ROI on Harvard
degree is much later and it is for this reason that Harvard ranked at
69th position.
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NCAA 2-slice Logo Toaster The ProToast is here! This great retro style toaster not only has your favorite team on the outside, on the inside it is toasting your bread with your teamâs logo too! 2-slice toaster with adjustable settings for desired toasting levels, including a setting for frozen breads too. This will work on white and wheat bread, as well as frozen waffles and English muffins…. |
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Penn State’s Golden Decade of the Eighties: The Championship Years The eighties proved the most successful in the long and storied history of Penn State football. Two National Championships highlighted this phenomenally exciting period. Listen to comments by Todd Blackledge; Curt Warner; D.J. Dozier; Shane Conlan and Coach Joe Paterno with behind the scenes analysis of crucial games. Watch again the 1982 triumphs over Nebraska; Notre Dame; and Pittsburgh…and Gr… |
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