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Arguing the Decision to Get an MBA

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Write a response where you are raising and countering objections regarding the decision to get an MBA. Support your point of view as part of countering objections with research. Examples include department of labor statistics, fairly current articles on the impact of education, especially graduate education on earnings. You can also cite a source to support your use of objections as well; for example, show the objection is documented as a valid concern. Identify the criteria you used to evaluate the credibility of sources of information you selected.

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Solution Summary

This solution is composed of a 500 word response, including 5 references, which discusses the decision of getting a MBA degree and the benefits of this decision in relation to one's salary and career development. Many references are made throughout the discussion to specific research studies, in particular, ones based on salaries.

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This discussion shows the numerous benefits of getting an MBA. Arguments are on career development, salary, self-efficacy and strong managerial competencies.

On Career Development

Earning an MBA degree has numerous benefits. College View (n.d.) specifically gave these benefits "the opportunity to increase your salary, to advance in your career, and to meet and develop a rapport with influential executives and colleagues in your industry". It said further that "the MBA experience is personally fulfilling and enables students to realize their career goals. The investments of time and money can contribute to your ability to acquire a degree that is highly regarded within the United States and around the globe".

On Salary

Holtom (2007) cited that a paper published by Stanford University economist Paul Oyer finds that an individual's salary at his first job has a strong ...

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