Is an MBA really worth it? Here’s a personal account
November 4, 2007
Written by Joe D.
Posted in Education, Employment

Upon reading Peter Robinson’s classic book on MBA life, it has really inspired me to analyze my own MBA experience. I think his portrayal of the average MBA student’s experience is very accurate. I find it interesting that I read his book while I am right in the middle of my MBA program, which at times I think is the hardest time of all. It is easy to be excited and motivated at the beginning and at the end, but a lot of times being right in between both is where you will find the biggest struggles.

Having a MBA means different things to different people, and people enroll in MBA programs for different reasons. I think though, in the end, it’s mostly about money for most people. Sure, you will have some that want an MBA to springboard themselves into a career field that is more aligned with their personal passion, but for most people, the MBA is an attempt to guarantee yourself better jobs and an increased salary. I am not saying this is a bad thing by any means. For me personally, my decision to start the MBA program was directly related to my strong desire to provide my family with financial security. I had been working in the IT industry for a few years and thought that enrolling in school would allow me greater options and flexibility in the amount of other jobs I could garner interest with. So far that assumption has been true as I have received about five job offers from top companies I have started the program. Now that I am in a great position that pays me well, my goals for the MBA are mostly the same, but have an added dimension to them. My main motivation for finishing is that I believe having the MBA will serve as a security blanket if I ever lost my job, a way to set me apart from other candidates if an emergency situation presented itself. But now that I am in a big corporation, I hope that the MBA will also serve as a way to distant myself within my own company to allow me greater opportunities, or even just different opportunities that would normally be harder to migrate to without it.

A lot of times the marketing of a degree can sometimes outweigh the substance. Personally, I think this is true of most traditional college degree programs. As an undergraduate I studied long and hard for four years to achieve my Bachelor’s in Computer Science. But what I realized after graduation is that the school, or maybe more specifically the Computer Science degree route, did a poor job of preparing me for getting a job. Coming out of college I lacked the basic marketing skills to really know how to even market myself for job interviews. What transpired afterwards was a long learning process that made me learn these lessons the hard way. I also realized that I hardly use any of the material that I learned as an undergrad. I understand that a lot of the appeal in having a college degree is that it proves you can learn something, not necessarily that which you will have to do at your job. Still, I find the emphasis on having a degree a little silly when you breakdown the amount of that knowledge you actually apply in your day to day responsibilities.

With the MBA, I feel the same logic applies but maybe not to the same extent. I have been encouraged in most of my classes by the real world application of the material, which is what I think is lacking the most in traditional academia. However, I still think there is room for improvement. For instance, I feel that we spend a lot of time in our MBA classes crunching numbers and working the problems, and not enough time on analyzing the data that comes out of those problems. In my mind I believe that the emphasis should be on the analysis, and not on the calculation. With technology improving at such a rapid rate, I see the real need being the ability to analyze the data and not the ability to calculate the data. Personally I think that ability to affectively analyze the data is what will separate the top future leaders, and subsequently their companies, from their counterparts.

Much like Peter Robinson, I believe that my recollections of my MBA program will grow fonder as time goes by, especially after graduation. I think it’s always easier to appreciate something when you don’t have to go through it anymore. I do strongly believe that my MBA will provide the financial security for myself and my family that I expected it to back when I enrolled. That in itself will be a great feeling, especially since my family has had to suffer a bit from my involvement in graduate school. It is hard enough to have a job and a family, but when you add graduate school to the mix, it can get frustrating for everyone involved. In the end, only time will tell if the sacrifices my family and I have made to achieve this degree will be worth the benefits of having it.


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