Argument - Obtaining an Mba

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Obtaining an MBA Lizett Segura MGT/521 September 4th, 2012 Brian Critchfield Obtaining an MBA In Mexico, where I come from it is such a prestigious title. It means intelligence, success, entrepreneurship, aristocracy, higher income, country clubs, fine dining, mansions, shopping sprees, and so forth. Does it mean the same in the rest of the world? The research begins with the value of an MBA in the USA according to articles and statistics. The research In a study involving MBA students, Simmering and Wilcox (1995) identified five factors that largely influence the decision to pursue the MBA graduate degree. These factors center around the personal prestige associated with the MBA, career exploration opportunities, goals for developing and improving interpersonal skills, entrepreneurial aspirations, and increasing career mobility. Among the internal and external factors cited in studies aimed at identifying the primary determinants of career decisions are salary, influence by parents and family, perceived ability/personality fit, high job demand, image/prestige, and interest in an area ( Duffy & Dik, 2009). Duffy & Dik found that the common assumption of “free choice” in making career decisions can be limited significantly by “life experiences and circumstances.” One would expect the recent recession, for example, to be a prominent factor in decisions related to job searches and enrollment in education programs (Bruce, Edgington, & Olkin, 2003). Value of an MBA Degree A recent report published by the Bureau of Labor Statistics projected the fastest growing occupations between the years of 2006 and 2016. None of these fastest growing occupations listed the MBA as the “most significant source of postsecondary education or training” (Dohm & Shniper, 2007). Among the occupations with the largest job growth during this same time
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