Once upon a time I thought it would be a good use of my time doing an MBA. I was quite into my ‘career’ and thought that this would enhance it.
It still can in enhance career prospects in some organizations. But before you embark on upwards of a $30,000 investment and 3 years of your spare time consider this. MBA’s are only a ticket to the ball game, and if you’re an aspiring entrepreneur this ticket is not required.
The fact is MBA’s were designed for management with a non business undergraduate degree to enhance their business acumen. They are essentially undergraduate course work regurgitated. Add to this the fact that everyone in conglomerate X already has one and the point of difference it once provided has disappeared.
In a web 2.0 world marketing & entrepreneurship are moving so fast, University course work simply can’t keep up. I think we’re better off following todays leading thinkers (all of which have blogs) and taking a vocation of business related learning. If you really want to stand out, learn another language, learn how to build an e-commerce website, be a leading thinker on social trends
By the way, the name is a giveaway: Master of Business Administration, not Master of Business Strategy… and who wants to become an administrator?