What does it mean to be “worth it” for an MBA? There are many things that contribute to this question, and it can be a little overwhelming to figure out what is meant by being worth it. But if you ask any student who has recently gone through an MBA program, then you will hear them say, “it was worth it.”
This is not to say that the person taking the MBA was a perfect student or had perfect scores on their test scores. It's just that they were able to make the grades and pass the course and finish the program, all on their own. So, how is this possible when there are hundreds of students going through the same program? Is it truly worth it?
The answer is no. Even though most students are very motivated by the ability to earn more money, and perhaps even be considered “high-performing,” in order to get into a good MBA program, they need to know what it is that they are signing up for. They also need to realize that the school itself is not actually “worth it.” They are just getting what they pay for.
However, the reality is that there are schools that do offer a “good experience” for students who do get accepted, but it is still not worth the price tag of an MBA program. In fact, many employers now realize this and would much rather have an employee that is willing to work at something for less money than one who is willing to work at something for very high wages.
These schools that offer these programs are doing this because they believe that the more students they get, the more students they can graduate. The more students they graduate, the more money they can make from the school and the more students they can get enrolled. So, the higher number of students they graduate, the more students they can graduate, and the more money they can make.
Unfortunately, many of the students who go into these types of programs do not have a very good experience when they first go in. Many students do not realize that they will be required to do some things at the school that are not necessary and that they will be under a lot of pressure to get things done quickly. This often results in a rush of students, and sometimes students do not make it through the entire first semester because they are not sure if they can handle the pressure.
In addition to this, many students find that their professors are not as involved in helping them get the most out of their MBA. They think that since they are doing their best to help them get the most out of their education, then they should make it easier for them. Instead, professors are often too busy with their own research and do not really make themselves available to their students. This can cause problems in the end when . . . . . . it comes time to write reports, make presentations, and even take tests.
The last reason that students are often not “worth it” when it comes to getting an MBA is that they often feel like they cannot succeed at anything in the program because it is not worth it. They often see the benefits, but they do not think that they are worth it. They have a sense of resentment towards the school, and because of this they often do not even try to get in to the program in the first place.