To be honest, it's time for someone to tell you the truth - to dispel the myths, clear up the myths, and clarify the practical framework and philosophical basis of a Masters of Business Administration (MBA); especially if one wishes to pursue such a degree in the United States.
When stripped down to its vital essence, its living core, the real value of an MBA lies in three areas: educational value, relationship development, and access to opportunities. Let's start with the easiest of these three - access to opportunities.
Face it - an MBA is not the Holy Grail. But in some business sectors, without an MBA you won't even have the opportunity to compete, much less develop and demonstrate your skills and talents. For such brother cell phone list companies, for such industries, an MBA is an "entry ticket". It's the price of admission to getting a job. There are several reasons for this.
Unlike my parents' generation, which grew up after World War II, where the goal was to get a good job in a great company, where pay and job security were assured - a company from which one could retire; today we live in a very different world. In my father's time, the main thing was to find the right company and work your way up the corporate ladder. In the US, there were plenty of such companies - from telecommunications to manufacturing, electronics to the automotive industry -
and strong internal development programs that allowed employees to improve their skills and thus their position in the company. In fact, those with degrees, even less in business, or with MBAs, were a minority.
Such degrees were not as important. That was the business environment of my father's generation. I am mentioning my father's name because this was also the generation in which a working woman was an unusual thing. The world we live in today, and the one you will have to face in the years to come, is completely different.
Today's world is changing. On the one hand, many employees change jobs every five years; some even change careers. Given this migratory labor force, many companies have allowed the education sector, especially MBA programs, to take over what was originally the company's specific training and development program. On the other hand, this variability is not limited to employees.
In today's environment of mergers and acquisitions, many companies are constantly reinventing and reorganizing themselves. Unfortunately, loyalty and longevity are values of a bygone era. Unfortunately, the challenge does not end there.
Technological developments fueled by the ever-expanding Internet have brought about a paradigm shift in both business and education. The true impact of the Internet is not yet fully understood, but it is clear that it is changing our world.