Home | Debunking MBA Myths: Pursue Your Degree in 18 Months
Breaking Down the Myths of Pursuing a Master of Business Administration (MBA) (18 months)
Are you considering pursuing a Master of Business Administration (MBA) program but are hesitant due to various myths surrounding it? Let's debunk some of the common misconceptions and shed light on the reality of pursuing an MBA in just 18 months.
Myth #1: An MBA is only for those with a background in business.
Reality: While a background in business can be beneficial, many successful MBA students come from diverse academic backgrounds such as engineering, arts, and sciences. An MBA program provides the necessary skills and knowledge to excel in the business world, regardless of your undergraduate degree.
Myth #2: Pursuing an MBA will require a significant time commitment.
Reality: With accelerated MBA programs that can be completed in as little as 18 months, you can earn your degree in a shorter time frame without compromising on the quality of education. These programs are designed for working professionals who want to advance their careers without taking a long break from work.
Myth #3: An MBA is only valuable for those looking to work in corporate settings.
Reality: An MBA can open doors to a wide range of career opportunities, including entrepreneurship, consulting, non-profit organizations, and government agencies. The skills and knowledge gained in an MBA program are transferable across various industries and sectors.
Myth #4: Pursuing an MBA is too expensive.
Reality: While the cost of an MBA program can be significant, the return on investment is often high. According to a survey conducted by the Graduate Management Admission Council (GMAC), MBA graduates reported a median base salary of $115,000, which is significantly higher than the median salary of bachelor's degree holders.
Myth #5: Online MBA programs are not as reputable as traditional on-campus programs.
Reality: Many reputable universities offer online MBA programs that are accredited and provide the same quality of education as on-campus programs. Online MBA programs offer flexibility and convenience for working professionals who may not be able to attend classes in person.
In conclusion, pursuing a Master of Business Administration (MBA) in just 18 months is a viable option for those looking to advance their careers and gain valuable skills and knowledge in the business world. Don't let myths and misconceptions hold you back from pursuing your academic and career goals.
Source of data: Graduate Management Admission Council (GMAC) survey.
