Is an MBA Worth it?

A business degree can open doors to so many opportunities. From marketing to accounting to operations, and so much more, there’s an endless variety of careers you can build with a business degree. For example, Fisher MBA students have the option to pursue a general MBA in Strategic leadership, but can also choose to concentrate in accounting, healthcare management, and sport administration. However, a graduate degree in business can be expensive and time consuming with the average cost of an MBA being $80,000 (and that’s just tuition!)  Despite these obstacles, an MBA can be a very smart investment and here’s why.

A Year or Less in the Classroom

Most MBA programs take two years of full time commitment, but you don’t have to make that kind of commitment to reap the benefits of an MBA. Fisher’s MBA program can be completed in approximately one year (10 months full time on campus, 14 months online) In addition, many students in both programs work in addition to pursuing their studies, so there really is no time lost and a wealth of experience gained.

Even though the program is short and is designed with working students in mind, it’s still possible for students to gain the networking benefits that typical two year programs offer.

“Fisher College is catered to teaching students in smaller class sizes, which is beneficial especially for international students and those working part time jobs,” says Kristin Geyssel, ’17.

Get More than You Put in

According to Neil Trotta, Director of Fisher’s MBA program, “Students with an MBA earn $1.79 million more than those with just an undergraduate degree.” Many MBA programs (including housing, books and other expenses) cost within the six figure range for two years, with prestigious programs such as Harvard and MIT costing up to $120,000. Although seeing that number on a bill is daunting, remember that you will make more than ten times what you paid for your program over the course of your lifetime. 

If the price tag still scares you off, you don’t have to pay that much for a quality graduate degree in business. Since students pay per credit rather than per semester, the total program cost half of a typical MBA program including room and board for full time students and even less for part time students! See more detailed information about Fisher MBA’s tuition and fees.

 

 

Real World Skills

Being successful in business requires building connections. While a Bachelor in Business can teach you the fundamentals of business, MBA curriculums focus on helping students succeed in real world business situations.

The professor’s guidance and the real case study examples given by them helped me to get a clear understanding of the real world and how things work,” said Rushi Shah ’18.

Indeed Fisher students have used their real world experience Graduates have gone on to positions at Fortune 500 companies such as Yahoo, Raytheon, State Street, and more. Geyssel uses her real world experience every day as CEO of Geyssel Elevators and Escalators (and reached that position just one year after completing her MBA!)