Is MBA worth it? Here's what I found...

SO WHAT IS THE REAL WORTH OF AN MBA?
It tends to be situational.

Some of you may not even know that the MBA was designed to help engineers to move out of technical positions and into management positions. People with business or finance backgrounds may find the programme redundant to a degree as it merely reinforces (and enhances, no doubt) their current knowledge. For them, the question is whether sacrificing two years of relevant experience is worth more than achieving an MBA. It is the group of individuals with more technical backgrounds that tend to benefit more by this broadening experience. This credential gives them the option to learn a vast amount of new concepts and make that career switch into the business or management arena.

Another point, if you are already destined for greatness on a good job trajectory, the experience gained in the real world may be far more valuable to you than pursuing an MBA.

Apart from social and business networks, you can also gain adept group communication skills from the MBA experience. At most business schools, the case method and class participation make up an important part of the curriculum. In a business school setting, you learn when to interject, when to keep silent and listen, when to be serious, and when to use humor to break the ice. This same group power dynamic exists in many business situations, from board meetings to team projects. Mastering the art of communicating in a group setting is one of the things that distinguish successful people from the rest, and it is learned very powerfully in B-school.  Sourced: https://www.jobstreet.com.ph/learning/mba2.htm

In a highly competitive corporate world of today, having a master’s degree would certainly give one an edge in terms of added valuable knowledge and skills. One of the graduate degrees that is sure to give one an edge over other people in a corporation is having a Masters in Business Administration or MBA. Many companies truly value an employee having an MBA and consider these employees to be assets in their company. This is the main reason why this educational move has been the most opted for degree in among students and professionals.

Having more people with an MBA mainly means more employees are knowledgeable in managing people in a company and maximizing the resources that they have. Taking up your MBA certainly has its own benefits:

First, it provides you with managerial skills. The skills and knowledge imparted in an MBA provides you the essentials in dealing with real-time situations with regards to management and resolution problems. You are made to perform managerial roles and made to grasp the core responsibilities of your organization.

Second, you will be able to develop business expertise. If you are a student or professional without any business background, then getting an MBA would be the best. Through an MBA, you greatly increase your practical knowledge in the field of business administration.

Third, you gain a competitive advantage over others. A competent MBA program gives one the opportunity and advantage of being qualified leaders. As you gain specialized skills in leadership qualities from an MBA degree, you are more likely to be hired by companies or organizations. Most recognized and leading business organizations prefer to hire people with an MBA.

Fourth, getting an MBA becomes worth every penny because it is recession proof. With the wide array of electives and specialized courses that you are provided during the MBA period, you gain a wide knowledge of skills that are considered an asset to a company. Even during periods of recession, the demand for this field remains high.

Fifth and last, an MBA provides you with business connections and networking. The people that  you encounter during your MBA degree program will help you in establishing business contacts and referrals.  You will not know when you will be needing these people (or when these people will be needing you) throughout your career. Having a good network will help you avail these contacts in improving your business position anywhere.

Most people will say that getting an MBA is very demanding and draining. However, the workload that you will be doing here will not go to any waste because once you finish your MBA, you will have had more knowledge and skills needed that will make you in demand and an asset as well." sourced: https://www.trabahophilippines.com/blog/the-advantages-of-having-a-mba/