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Entrepreneurs - Early bird and Entrepreneurs Post New Topic | | Topics
Does MBA help?Views: 149
Apr 22, 2003 5:06 am re: Does MBA help?

Uma Basso
I agree with the posts here - if you are looking for a job in the corporate world - it's probably a good idea to have an MBA. It gives you a step up above your competition.
>
Too much education can't hurt, but I don't think an MBA is a requirement to run a small business. The only exception that I could see would be if having it gives your small business additional clout, especially in the consulting arena (perhaps your competition has it, but you don't). Not necessarily related, but I'm in a similar situation. I've been in public / private accounting for over 10 years. I've passed the CPA exam and am probably about 3 credits away from fulfilling the additional education requirements (it's been that way for 4 years, or so). Being employed by someone else, it was never a big deal to have the CPA designation. Being on my own, however, that's proven to be a thorn in my side, as I can't get certain types of work without it. My background is auditing, but any audits I do I have to go through another firm. It is limiting. Not exactly the same situation - but it is similar.
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For a small business - I would consider whether or not the MBA is essential in marketing your services / dealing with competition and if it adds value to your business. If not, I probably wouldn't put my time into it.
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> Yang Chung wrote:
> Hi,
>
>Do you have an MBA degree? Did it help you? If so, how and in what area?
>
>I am an engineer who is trying to transition my career to technical marketing or business development with help of an MBA degree. I ultimate goal is to start my own company. I am trying to see whether getting an MBA degree would be worth it or not......
>
>Any comments or suggestions would be greatly appreciated.
>
>Thank you!

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