A few months back I wrote a post on "Pros and Cons of doing an MBA" . Now that I have chosen to join a b-school I thought it would be better to revisit and find out more.
In fact, during the interview I had with Sean Rickard from Cranfield, I had asked this precise question - "Is an MBA really worth it ?". Sean answered by saying that an MBA is not a must to succeed. Richard Branson and many other successful businessmen are not MBAs, but they do recruit MBAs. So doing an MBA does improve your chances to succeed.
After doing a little re-thinking, I have found that the most compelling reason for me to do an MBA, is to get out of my comfort zone. This is true, as I have found how anxious I have been in the last couple of years to do something different and do something which interests me. And I think doing an MBA will be the starting of all these things that I want to do.Agree, I will have a loan (not so huge though) to pay off at the end of it, but I think I will be just fine.
Also, since its an international MBA, I think the exposure will be different and probably better. It will be an experience of a different kind. And I am quite excited about it. Also I expect the MBA course to transform me, to a different and more competitive person. And if it really happens, I think it will be really worth it.
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Also read an article on 'should an entrepreneur have an mba'
http://entrepreneur.venturebeat.com/2010/05/12/should-an-entrepreneur-have-an-mba/
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Read an article in economist (link below) on how B-schools are gearing up to change the way they teach, the curriculum etc. [Do not forget to read the comments.]
http://www.economist.com/business-finance/displaystory.cfm?story_id=16067747
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