Is business school worth the expense? It is a fair enough question given the average annual cost of just one year in a top ten business school is close to $58,000 in the US, not counting opportunity cost (loss of income during the off-time during the working year). Taking two years off during your working years during the peak of economic times is scary to say the least, especially when you consider what you'll be missing during that time, both personally and professionally. So is going back into school for the sake of education or should you spend the time to achieve a new career? The latter will be the decision that makes the most sense for you.
When we're young we dream of all sorts of different career choices. At some point in our life, we have all but made up our mind on what career path we'd like to take. We know exactly what we want to do with our lives, but we never get to move past that. There are always obstacles to overcome. Sometimes we may fail, other times we may succeed, but we never really achieve our goal.
Our lives are busy with work and other aspects of life, so we often don't get the chance to think about what it is we really want to do with our lives. We spend our lives worrying about what we want out of life rather than focusing on what we want. If we are to get into better shape and be more financially secure, then we need to learn how to put these two things together.
We need to learn to use our resources wisely. While we are always on the go, we also need to understand what time we are truly in the market for. The best time to get started in a certain field is right now. If you plan on starting your own business after graduation, you'll be able to reap the benefits of your hard work far sooner than if you were to start something a few years down the road.
There are business schools that offer an accelerated MBA in two years or less, so you can learn to get on with your career while still maintaining the degree. These programs can help you gain an MBA in less time than two years. or so if you choose the right program.
It is a good idea to find a program that allows you to pursue a second major in case you decide that you don't like the program at first. For instance, if you decide that business administration is not your thing, but you love accounting, it is still possible to earn a second major in accounting.
However, the only way you will know whether or not business management is for you is if you are willing to put the effort in to get yourself ready. A business school is a demanding environment where you can't afford to make a bad choice or to leave anything out because of lack of preparation.
In the end, what is most important to you is that you get what you want out of the experience. If you decide that a career in business management is the route you want to go, then the decision should be a personal one based on what you feel will help you achieve those goals.
There are many programs to choose from. You need to make sure that the program has a reputation for being able to offer the kind of education you want and need. You need to choose a program that offers courses that you are interested in and have taken in the past. This is one of the most important factors in determining if this is a right fit for you.
Before you sign up for a program, consider whether or not you can work together to make the program work for you. Many programs do not offer individual attention and guidance. if . . . . . . you and your advisor don't get along, then you will need to look elsewhere.
All in all, business school is not easy. It requires hard work, time, and discipline. It may not always be financially rewarding, but you will have made an investment that you can be proud of when you graduate and enter the workforce. Take the time to think carefully about whether or not you can meet all of the criteria listed above.