It depends what your priorities in life are. Before asking the
question, you should be clear about what you are trying to achieve with
an MBA. It does not only mean higher salary, better position but also
much more working hours (50-100% more than for a normal job) and more
responsibilities, more stress - you also have to be psychically and
physically fit for this (consulting and management jobs require lots of
travelling, adapting the body to quickly changing factors, less time
with the family). If you are ready for such a challenging life than the MBA is really worth the time and money. Of,
course, the MBA should be at least accredited by one of: EQUIS, AMBA or
AACSB. It is an invaluable resource of networking, contacts, getting
the soft skills to mastery level and getting the tools for a successful
career in management, finance, marketing, etc.. Recommendable
would be a 1-year full-time program, or an accredited part-time /
distance MBA in order to keep the time and money factors as optimal as
possible. Today there are so many offers available that you should
really spend a while analysing the best oportunities. Having a look on
the accreditation lists of AACSB, EQUIS and AMBA, or on the Financial
Times, Forbes or Businessweek rankings might also be helpful. Ioan
Hepes is currently working as Consultant in Hamburg, Germany. Prior to
this he has worked in large corporations like IBM, Siemens and Airbus,
an NGO which is part of the Open Society Foundation, a financial
software company and as Teaching Assistant at the International
University Bremen. He has a blog at: www.hepes.blogspot.com
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