Are you being tempted by early returns over long term career satisfaction?
No doubt, today’s marketplace has narrowed the field of available six-figure jobs for MBAs. Universities report the jobs are out there, though not as plentiful or offering the same six figure salaries they were before the recession.
As an MBA prospect in today’s economic environment, you have a new dilemma posed to you. Is it worth the effort to get an MBA right now or could you advance on your own without incurring the debt? Does the prospect of a lower initial offering change your plans to take an MBA?
“These questions feed on the issue of what students want in their job search,” says Peter von Loesecke, CEO and Managing Director of the MBA Tour. “They wouldn’t be making the investment if it weren’t for their attempt to increase their salary and marketability, but this shouldn’t be the only factor when considering a career as an MBA.”
From von Loesecke’s perspective, a vast number of people will wait until the economy produces more six-figure jobs before they apply. Others will opt toward fields with the most chance of quick success in today’s job market. If this is your route, are you weighing the short term rewards with long term job prospects? Certainly having the MBA gives an edge, but if money alone is the goal then choosing the school and the career path is critical.
The MBA Tour offers help in making these decisions as well as in finding the right schools to support you. We bring representatives from 55 of the top business schools to events around the world. Attendees can speak, one-to-one, with administrators and decision makers who know their programs and the after-graduation job market and who can advise you on a match within your career choices.
Another aid is “Spotlight,” a voluntary survey generated by the MBA Tour when you register for an event. This assessment narrows-down the school search through a series of online questions and delivers the names of five potential matches. The results are based on your goals as well as your underlying requirements for a school. Once tabulated, you’ll receive invitations from those schools to meet with them personally at the MBA Tour event you’ve registered at.
Ultimately, the choice of school and career path you take is yours. Think carefully of your future as a whole and whether the instant gratification in a field you might grow weary of in time is worth the up‑front benefits of the six-figure salary.
For more information on the MBA Tour, visit us at www.thembatour.com or connect with us on Facebook to chat with other pre-MBAs, alumni, and admission reps at www.facebook.com/thembatour.