MIND YOUR BIZNESS
Is Business School Really Worth It? Important Factors to Consider
Article from BPT Website
(BPT) - If you've ever considered getting your MBA, you've probably asked yourself: Is it worth it? It's a fair question, particularly as going back to school as an adult often requires shuffling your priorities so you can make time for class and assignments. Ultimately, business school should help you accomplish your academic goals and propel your career forward. Some business schools can be expensive, so depending on your needs, it may be a good idea to find programs that are flexible, so you have the ability to work while taking classes. With so many programs and schools offering MBAs and business courses, it's important to know what resources to turn to and what features to look for in a program to ensure you receive a measurable return on your investment - financially and professionally.
1. Consider business schools that are ranked by reputable organizations and publications. Any way you look at it, rankings are critical. A well-regarded business school can help you while networking, job searching and applying for promotions. These rankings are often determined by student surveys and criteria including faculty, technical platforms and career outcomes. Resources like The Princeton Review, Poets & Quants
and CEO Magazine deliver helpful annual rankings to guide prospective students.
2. Look for program options that meet your needs. The ability to take online classes can be a game changer, particularly for working adults who cannot afford to stop working to go to school. Instead of committing yourself to a traditional, brick-and-mortar program, look to see if online courses or other flexible program options are available. For those who consider a salary increase to be the primary reason for enrolling in an MBA program, a recent survey conducted for the Jack Welch Management Institute shows that an online MBA program may be the way to go. Out of the 648 MBA graduates surveyed, 468 reported receiving some kind of raise. Of the 291 online MBA graduates who received a raise, 90