Value Of Mba Degree

India s mba iim obsession is an artificial demand.

Value of mba degree. This question indicates that you ve tried your best for several months after completing the mba course to get an overseas job in the graduating country by tapping into all the resources at your disposal networking mba career services alumni but there hasn t been much to cheer about. Getting an mba degree is expensive. In some cases the cost of an mba degree is four times as much as the average yearly salary earned by recent mba graduates. Mba degree cost.

Tuition costs vary depending on the school and the program you choose. What is the value of a foreign mba degree in india. All that an mba degree brings is snob value not success. Mba coursework involves a broad spectrum of business related topics including accounting statistics economics communications management and entrepreneurship mba programs not.

From age 32 when he graduates business school with his mba until age 62 when he retires he will make 175 000 per year. According to the report within 10 years of earning an mba degree the average mba grad from either a u s. Or international business school had an estimated decade long return on investment of. Just look at mukesh ambani fancy b school degrees are becoming irrelevant in today s fast changing world.

After all just look at the stats. The mba degree. If your degree costs 100 000 but results in a salary increase of 25 000 per year you will recover the cost of obtaining the degree in four years. You take the cost of getting the mba and then divide it by the increase in salary that the mba produces.

Daianna karaian an alumna of the kellogg school of management reveals how much of her mba she still finds useful a year after graduation these days questioning the value of a business degree is. Jeffrey pfeffer a professor of organizational behavior at stanford graduate school of business claimed a degree has a value only if the degree is scarce and the mba is completely unscarce.