Find all School-related info fast with the new School-Specific MBA Forum

It is currently 28 Aug 2014, 19:54

Close

GMAT Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

Why an MBA? (genuine answer pls, not essays!)

  Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
TAGS:
2 KUDOS received
Senior Manager
Senior Manager
User avatar
Status: Happy to join ROSS!
Joined: 29 Sep 2010
Posts: 279
Concentration: General Management, Strategy
Schools: Ross '14 (M)
Followers: 17

Kudos [?]: 101 [2] , given: 48

GMAT Tests User
Why an MBA? (genuine answer pls, not essays!) [#permalink] New post 24 Aug 2011, 10:37
2
This post received
KUDOS
=a topic is not for those interested solely in MC, IB, PE careers=

Guys,
One year into the application process, endless hours spent over the GMAT/TOEFL, several USDk of related expenses and I ran into a very tough question why an MBA?

Seriously, what is your reason to spend two years of your life learning dusty stuff (don't tell me Excel modelling is cool), taking a huge loan, experiencing stress at tests and various recruiting events etc.

One year ago I thought I knew the answer. Now I am not sure any longer. I googled 2 random pages offering '10 reasons' http://www.bbworld06.com/edu/top-10-reasons-to-do-mba/ or http://www.rajeshsetty.com/2007/09/02/1 ... ue-an-mba/ and realized that a half of common reasons is nonsense!

So, why an mba? Have you considered to continue your current career in, so to speak, an organic way? Especially, if your current work does not make you crying and a salary does not force you collecting bottles in spare time.

Pls share your real, genuine reasons (i.e most likely not the stuff your write in essays).
Kaplan GMAT Prep Discount CodesKnewton GMAT Discount CodesVeritas Prep GMAT Discount Codes
1 KUDOS received
VP
VP
User avatar
Status: Current Student
Joined: 24 Aug 2010
Posts: 1346
Location: United States
GMAT 1: 710 Q48 V40
WE: Sales (Consumer Products)
Followers: 97

Kudos [?]: 399 [1] , given: 73

Premium Member
Re: Why an MBA? (genuine answer pls, not essays!) [#permalink] New post 24 Aug 2011, 11:06
1
This post received
KUDOS
The background:There was a time when I was adamant about NOT getting an MBA. I don't want to be in a traditional corporate job so I didn't see the point in pursuing what I saw as a corporate degree. My friends were (and still are) getting MBAs left and right while I stood firm in my "No MBA for me position."
I was looking into pursuing a Masters in Communications. I'd taken the GRE, was working on a writing sample, and had figured out my school list. My sorority sister had graduated several years ago from one of the programs I was looking at and I wanted to get her perspective on the program. She was in the process of getting her MBA from Stern and told me to go for the MBA. Why did I listen to her? Because she'd been where I thought I wanted to go so she had personal experience to validate her advice. She told me to research schools and take the GMAT just to see where I landed.

My Reasons:
I found that I was kind of like the character in Green Eggs and Ham. I kept saying how much I didn't want an MBA, but I'd never actually researched the degree. When I took the time to do so, I realized that the MBA is EXTREMELY flexible. People used the MBA from a wide range of industries. Plus programs seemed to allow for taking a few classes in other schools at the university. I realized that I could tailor an MBA to my interests. I was also surprised to find that classes within the MBA programs also piqued my interest. The exposure I could get to my new industry through clubs, recruiting, and a summer internship also appealed to me. Doesn't hurt that the MBA positions me better for higher management level roles and can help me secure an even higher salary. So if the degrees basically cost the same, why not go with the degree with the higher earning potential?
Basically, I want the MBA because it gives me so many options to change my career. I can have a great time away from the rat race for 2 years. Most importantly the male/female ratio is heavily in my favor :-p
_________________

The Brain Dump - From Low GPA to Top MBA (Updated September 1, 2013) - A Few of My Favorite Things--> http://cheetarah1980.blogspot.com
Image

2 KUDOS received
Manager
Manager
User avatar
Joined: 25 Jun 2011
Posts: 111
Concentration: Strategy, International Business
GMAT 1: 760 Q44 V51
GPA: 3.6
WE: Other (Other)
Followers: 7

Kudos [?]: 21 [2] , given: 3

Re: Why an MBA? (genuine answer pls, not essays!) [#permalink] New post 24 Aug 2011, 11:23
2
This post received
KUDOS
new skills, new perspective, new network, new opportunities. Strengthen weaknesses and further amplify strengths. A chance to withdraw from the daily grind of whatever your job is now and focus on the future. No matter what you do now, there is a whole world of stuff in business that you never touch on. If you're in marketing and have no interaction with finance, it's theoretically possible to gain some mastery of that area if you spend years doing so incrementally, but if you really want to build some solid expertise in a short period of time, there's no better way than to get an MBA. An MBA program gives you the opportunity to pull your head out of the day-to-day and look up, survey the landscape and then make your next move.
Expert Post
Founder
Founder
User avatar
Affiliations: UA-1K, SPG-G, HH-D
Joined: 04 Dec 2002
Posts: 12080
Location: United States (WA)
GMAT 1: 750 Q49 V42
GPA: 3.5
WE: Information Technology (Hospitality and Tourism)
Followers: 2233

Kudos [?]: 8372 [0], given: 3645

GMAT ToolKit User Premium Member CAT Tests
Re: Why an MBA? (genuine answer pls, not essays!) [#permalink] New post 24 Aug 2011, 11:27
Expert's post
I presume you have seen this post: the-true-value-of-your-mba-v-74335.html
Not answers your question directly but relevant

Also: the-evolution-of-your-b-school-pursuit-56765.html
_________________

Founder of GMAT Club

Just starting out with GMAT? Start here... | Want to know your GMAT Score? Try GMAT Score Estimator
Need GMAT Book Recommendations? Best GMAT Books

Co-author of the GMAT Club tests

Have a blog? Feature it on GMAT Club!

Get the best GMAT Prep Resources with GMAT Club Premium Membership

Intern
Intern
avatar
Joined: 24 Aug 2011
Posts: 11
Followers: 0

Kudos [?]: 1 [0], given: 0

Re: Why an MBA? (genuine answer pls, not essays!) [#permalink] New post 24 Aug 2011, 11:33
the value it adds
Senior Manager
Senior Manager
User avatar
Status: Happy to join ROSS!
Joined: 29 Sep 2010
Posts: 279
Concentration: General Management, Strategy
Schools: Ross '14 (M)
Followers: 17

Kudos [?]: 101 [0], given: 48

GMAT Tests User
Re: Why an MBA? (genuine answer pls, not essays!) [#permalink] New post 24 Aug 2011, 11:48
BB, once we take out MC, IB, PE out, the P&L gets more interesting :) Anyhow, my question is more about the non-monetary factors.

Unfortunately all the MBAers I know are still studying. The ones who graduated (from various EMBA) specified only network and network events.

I am not challenging a decision, rather trying to dig out the real, realistic reasons.
Forum Moderator
Forum Moderator
User avatar
Status: doing good things...
Joined: 02 Jul 2009
Posts: 1233
Concentration: Entrepreneurship, Finance
GMAT 1: Q V
GMAT 2: 690 Q49 V35
GPA: 3.77
WE: Corporate Finance (Other)
Followers: 152

Kudos [?]: 500 [0], given: 527

GMAT ToolKit User GMAT Tests User Premium Member Reviews Badge
Re: Why an MBA? (genuine answer pls, not essays!) [#permalink] New post 24 Aug 2011, 22:57
One of the reasons a former colleague of mine (he worked as an auditor in big4) said me is: "Dude, I am working 12-14 hours a day like management consultant, but my salary is about two times lower. So what the hell?! I want to earn that f**king MBA degree and receive higher salary for the same amount of time I spent in the office!" This may be one of the real reasons, why MBA, but none will write it in his/hers application essay.
_________________

Follow me, if you find my explanations useful.

Audaces fortuna juvat!

Get the best GMAT Prep Resources with GMAT Club Premium Membership

CEO
CEO
User avatar
Status: Nothing comes easy: neither do I want.
Joined: 12 Oct 2009
Posts: 2793
Location: Malaysia
Concentration: Technology, Entrepreneurship
Schools: ISB '15 (M)
GMAT 1: 670 Q49 V31
GMAT 2: 710 Q50 V35
Followers: 178

Kudos [?]: 929 [0], given: 235

GMAT Tests User Reviews Badge
Re: Why an MBA? (genuine answer pls, not essays!) [#permalink] New post 04 Jan 2013, 00:34
Pursue the MBA if it fills gap.

Current position -------------- GAP ------------------- Desired Position.

Desired position could be anything : salary, job profile , dream company...anything.

If some other degree can also fill and that too in easier way, do not hesitate to follow your dreams. MBA is not a tool to convert a low salary to high, but a sacred education that would yield wonderful experience and knowledge.

In my case this Gap can be filled by MBA only :)
_________________

Fight for your dreams :For all those who fear from Verbal- lets give it a fight

Money Saved is the Money Earned :)

Jo Bole So Nihaal , Sat Shri Akaal

:thanks Support GMAT Club by putting a GMAT Club badge on your blog/Facebook :thanks

Get the best GMAT Prep Resources with GMAT Club Premium Membership

Gmat test review :
670-to-710-a-long-journey-without-destination-still-happy-141642.html

Expert Post
1 KUDOS received
Admissionado
User avatar
Joined: 30 Nov 2009
Posts: 3157
Location: Chicago, IL
Schools: Brown University, Harvard Business School
Followers: 43

Kudos [?]: 523 [1] , given: 29

GMAT Tests User
Re: Why an MBA? (genuine answer pls, not essays!) [#permalink] New post 04 Jan 2013, 03:38
1
This post received
KUDOS
Expert's post
- The people
- The network
-The potentially huge salary increase
- The business skills and just dealing with business all the time which transforms your mentality into one of business.
_________________

Jon Frank
Founder, Admissionado

Admissionado.com

If you like the post, give it a KUDOS!

1 KUDOS received
Current Student
User avatar
Status: Too close for missiles, switching to guns.
Joined: 23 Oct 2012
Posts: 764
Location: United States
Schools: Johnson (Cornell) - Class of 2015
WE: Military Officer (Military & Defense)
Followers: 12

Kudos [?]: 308 [1] , given: 166

Premium Member
Re: Why an MBA? (genuine answer pls, not essays!) [#permalink] New post 04 Jan 2013, 06:10
1
This post received
KUDOS
Coming from the military, a lot of people like to blow sunshine up your ass about how in demand and marketable you are, but the reality is while we have great leadership experiences at a young age, we seriously lack industry and business knowledge. That's where the MBA comes in.

A lot of companies have "Government consulting" divisions or "Junior Military Officer" rotational programs which aren't attractive to me because it pigeon-holes military officers, and quite frankly, I'm not getting out of the military with hopes of working with a bunch of other former military guys - I want to be working in the "mainstream" areas. Going to school with people from all walks of life helps with this matter and prepares someone in the military for the transistion.

The bottom line: The MBA enables me to do what I'm interested in and doesn't restrict my career opportunities to my past experience. I'm highly marketable in the government arena, but I have zero desire to do that. There are plenty of Junior Military Officer headhunters that are no better than scummy sports agents as their goal is to clearly land you the best paying job they can based on your experience so they can take their cut. The one I spoke with couldn't wrap his head around why I wanted to go into marketing even though I had an engineering background. He thought I was nuts for wanting to get an MBA to make a career switch. Needless to say, there are a lot of people who don't understand the value of an MBA.
_________________

http://www.youtube.com/watch?v=9fWvub_WBho

3 KUDOS received
Current Student
User avatar
Status: Can't wait for August!
Joined: 13 Sep 2011
Posts: 977
Location: United States (MA)
Concentration: Marketing, Strategy
GMAT 1: 660 Q44 V37
GMAT 2: 680 Q45 V38
GMAT 3: 710 Q45 V42
GPA: 3.32
WE: Information Technology (Retail)
Followers: 20

Kudos [?]: 326 [3] , given: 108

GMAT Tests User Premium Member Reviews Badge
Re: Why an MBA? (genuine answer pls, not essays!) [#permalink] New post 04 Jan 2013, 06:25
3
This post received
KUDOS
Potential monetary gains aside, it all boils down to the fact that I believe an MBA will help me transition into a career I'm actually passionate about. Also, as someone who was laid off during the recession, and found it hard to find a new role through my network... I knew I needed a stronger support system to help me land on my feet if I was in a similar situation down the line.

An MBA program will expose me to companies that would not bother looking at my resumes, and set me up with a network of people who have accomplished amazing things, and are willing to help me do the same...
1 KUDOS received
Current Student
User avatar
Status: Too close for missiles, switching to guns.
Joined: 23 Oct 2012
Posts: 764
Location: United States
Schools: Johnson (Cornell) - Class of 2015
WE: Military Officer (Military & Defense)
Followers: 12

Kudos [?]: 308 [1] , given: 166

Premium Member
Re: Why an MBA? (genuine answer pls, not essays!) [#permalink] New post 04 Jan 2013, 06:29
1
This post received
KUDOS
highwyre237 wrote:
Potential monetary gains aside, it all boils down to the fact that I believe an MBA will help me transition into a career I'm actually passionate about.


What he said. Thanks for making me look like a long-winded blowhard by cutting right to the point :)
_________________

http://www.youtube.com/watch?v=9fWvub_WBho

1 KUDOS received
Current Student
User avatar
Status: Can't wait for August!
Joined: 13 Sep 2011
Posts: 977
Location: United States (MA)
Concentration: Marketing, Strategy
GMAT 1: 660 Q44 V37
GMAT 2: 680 Q45 V38
GMAT 3: 710 Q45 V42
GPA: 3.32
WE: Information Technology (Retail)
Followers: 20

Kudos [?]: 326 [1] , given: 108

GMAT Tests User Premium Member Reviews Badge
Re: Why an MBA? (genuine answer pls, not essays!) [#permalink] New post 04 Jan 2013, 06:30
1
This post received
KUDOS
CobraKai wrote:
highwyre237 wrote:
Potential monetary gains aside, it all boils down to the fact that I believe an MBA will help me transition into a career I'm actually passionate about.


What he said. Thanks for making me look like a long-winded blowhard by cutting right to the point :)



Ha, right after you quoted me, I edited my post and made it a bit more long-winded... lol
Current Student
avatar
Joined: 10 Dec 2012
Posts: 40
GMAT 1: 710 Q47 V41
GPA: 3.53
WE: Marketing (Real Estate)
Followers: 0

Kudos [?]: 10 [0], given: 27

Re: Why an MBA? (genuine answer pls, not essays!) [#permalink] New post 04 Jan 2013, 10:33
There are a few main reasons for me:

:arrow: Pivot. I've been steadily gaining experience in real estate marketing. I like to think I'm pretty good at what I do. But if I stay the course eventually that'll be all I can do. I want to explore, see what else is out there and what else I can do. The MBA gives me more options.

:arrow: Learn. Not only do I not have all the answers, I'm don't even know all the questions! With an MBA I'll get to learn outside my niche and learn to solve problems that I didn't even know existed.

:arrow: Accelerate. I'm not just tuning up my resume, I'm installing a better engine. With an MBA I'll be able to move my career forward faster and accomplish more sooner. There's all this talk about how having a Bachelor's just doesn't cut it anymore. And with so many countries developing so rapidly and much faster than the USA, what guarantee do I have that I'll be competitive in 20 years? With an MBA I'll always have something valuable to bring to the table.
Current Student
User avatar
Status: Disbelief! The Countdown Begins
Affiliations: CFA
Joined: 29 Jul 2011
Posts: 221
Concentration: Finance, Economics
Schools: Johnson '15 (M)
GMAT 1: 600 Q45 V28
GMAT 2: 670 Q44 V39
GMAT 3: 750 Q49 V42
GPA: 3.5
WE: Accounting (Insurance)
Followers: 8

Kudos [?]: 74 [0], given: 7

Re: Why an MBA? (genuine answer pls, not essays!) [#permalink] New post 04 Jan 2013, 11:02
My short answer was $$$$ about 4 months ago.

Now the answer has changed. The people I have met just through applying for a top MBA are inspiring. They have made me realize that I have achieved nothing and that the next 35 years of my career can go by and I can continue to achieve nothing. The MBA represents the freedom to better myself as a human being.

I have learned that maybe I can make a difference. Find something I am passionate about and help others. For me its not MC, IB, PE. Its retirement finance. The average person lacks the understanding of how pensions/401ks work and therefore do not participate. I can make a difference by becoming a leader in the industry and educating the common person to comprehend the basics. Move away from dependence on social security and such. Leadership skills I currently lack but can gain through an MBA can better position me to achieve.

Anyway, its all a pipe dream. But I have already learned that I dont know what I can achieve or how good I can be if I dont try. If I dont fail. All of the failure essays made me realize I dont take enough risks, because I havent really failed big enough.

The MBA process offers these little life-learning experiences along the way. They are priceless to me. That's why I am amped to go. That's my answer from outside of MC, IB, PE perspective.
Intern
Intern
avatar
Joined: 11 Jun 2012
Posts: 13
Location: India
Concentration: Marketing, Strategy
Schools: Foster '15 (A)
GMAT 1: 700 Q50 V33
GPA: 3.29
WE: Programming (Computer Software)
Followers: 0

Kudos [?]: 5 [0], given: 8

Re: Why an MBA? (genuine answer pls, not essays!) [#permalink] New post 04 Jan 2013, 22:58
For me it's simple and straight forward.
I wanted to be a Product manager in Mobile Technology domain. My current education and current experience stream can get me my desired role [but takes several years]. An MBA would put me in that role in 2 years time ! ...... #accelerate
Manager
Manager
avatar
Joined: 04 Nov 2012
Posts: 90
Location: United States
Concentration: Finance, International Business
GMAT 1: Q44 V38
GPA: 3.7
WE: Science (Pharmaceuticals and Biotech)
Followers: 1

Kudos [?]: 33 [0], given: 82

Re: Why an MBA? (genuine answer pls, not essays!) [#permalink] New post 05 Jan 2013, 00:03
It was money a few years ago. Since then I have done very well and earn more than the average graduate of any of the top tier MBA programs. Why on earth would anyone want to work their butt off, go into debt, and lose two years income to make less money? Because, those graduates have choices and I am pigeonholed. Currently, I have to work 80 hours per week and travel 5 days per week to earn a comfortable living, but I would have my income slashed significantly if I were to find something I could do 40 hours per week with minimal travel. An MBA allows me to develop a skill set to earn roughly $100k/ year with a 40 hour work week. Sounds like heaven :)
_________________

kudos are appreciated

Re: Why an MBA? (genuine answer pls, not essays!)   [#permalink] 05 Jan 2013, 00:03
    Similar topics Author Replies Last post
Similar
Topics:
Experts publish their posts in the topic Answering why MBA/This School undecidedonmba 1 31 Dec 2013, 19:25
1 "Why MBA?" - Got your Answer? AskAnshul 0 11 Jun 2013, 00:38
7 Experts publish their posts in the topic WHY MBA?? How to answer this common MBA essay question Aringo 2 26 May 2013, 03:37
Experts publish their posts in the topic Essay content - answering WHY the particular school? tim415 1 03 Feb 2013, 12:08
Experts publish their posts in the topic how to answer " Why a MBa now ?" Antmavel 1 12 Feb 2006, 23:01
Display posts from previous: Sort by

Why an MBA? (genuine answer pls, not essays!)

  Question banks Downloads My Bookmarks Reviews Important topics  


cron

GMAT Club MBA Forum Home| About| Privacy Policy| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group and phpBB SEO

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.