{"id":1059,"date":"2019-02-06T21:06:21","date_gmt":"2019-02-06T21:06:21","guid":{"rendered":"https:\/\/abound.college\/mba\/?post_type=advice&#038;p=1059"},"modified":"2019-07-12T16:45:46","modified_gmt":"2019-07-12T16:45:46","slug":"are-you-ready-to-get-an-mba","status":"publish","type":"advice","link":"https:\/\/abound.college\/mba\/advice\/are-you-ready-to-get-an-mba\/","title":{"rendered":"Are You Ready to Get an MBA? &#8211; Consider These Factors"},"content":{"rendered":"<p><span style=\"font-weight: 400\">You may be considering whether it would make sense to continue your education and complete an MBA. The time, effort, and money that go into an MBA likely weigh heavily on your mind but, on the other hand, all that work adds up to a priceless investment in your future. So what is one to do?<\/span><\/p>\n<p><span style=\"font-weight: 400\">Let us help you decide whether pursuing an MBA is the right move for you.<\/span><\/p>\n<h3><strong>An MBA Is Worth It\u2014If You\u2019re Ready<\/strong><\/h3>\n<p><span style=\"font-weight: 400\">No degree-seeker is one and the same. Everyone has their own educational, financial, and professional motivations. Just as your individual goals are unique, so too is the road you\u2019ll take to achieve them. Once you feel confident in your vision for the future, it\u2019s time commit fully and give it everything you\u2019ve got.<\/span><\/p>\n<p><span style=\"font-weight: 400\">It goes without saying that school is tough\u2014and it\u2019s certainly no painless endeavor to pursue an MBA. It takes two\u2014sometimes three\u2014years\u2019 worth of courses to fit into your already busy life. Those who do unfortunately drop out of their MBA program do so simply because they hadn\u2019t prepared themselves for the level of commitment they needed to make. All of their work ended up being a massive financial waste!<\/span><\/p>\n<p><span style=\"font-weight: 400\">It\u2019s best to make sure you\u2019re up to the task. Take a step back and try the following before you apply to a program; your foresight can help you solidify which program is best for your goals.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Talk to any colleagues of yours who have earned their MBA. Ask them about their experience, whether they\u2019d do it again, and whether there is anything they\u2019d have done differently.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Research the real-time commitment of the MBA programs you\u2019re considering. Make sure whatever program you choose will be conducive to your time constraints.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Be mindful of finances. MBA programs vary greatly in cost and length\u2014do the programs you\u2019re interested in fit your budget?<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">Keep in mind that an MBA is only as valuable as what you do with it\u2014make sure you\u2019re after an MBA that has helpful career services and networking opportunities so that you can be especially prepared for a leadership role in your career. To get an MBA, you have to want it, plan for it, and make the necessary room in your life for it.<\/span><\/p>\n<h3><strong>Consider the Finances<\/strong><\/h3>\n<p><span style=\"font-weight: 400\">It\u2019s true that most MBA programs come rife with expenditures. In fact, money is one of the number-one factors that cause people to veer off course from their goal. Ultimately, however, an MBA is an investment, one that results in lucrative earning potential. Upon your completion of an MBA, you won\u2019t get your money back instantaneously, but you are expected to recoup the value of your program over time. A 2015 QS North America MBA ROI report, for example, found that MBA graduates received an average salary increase of <\/span><a href=\"https:\/\/www.topmba.com\/why-mba\/publications\/qs-north-american-business-school-roi-report\"><span style=\"font-weight: 400\">75 percent<\/span><\/a><span style=\"font-weight: 400\">. In the same report, it was found that the average time it took to pay back the cost of an MBA was 44 months.<\/span><\/p>\n<h3><strong>Getting into Programs that fit Your Needs<\/strong><\/h3>\n<p><span style=\"font-weight: 400\">You may be thinking, \u201cI only want to get into the best, most recognizable school. That\u2019ll get me the best job, and I\u2019ll earn the most money.\u201d In this regard, many become lost in the allure of the name on a building, causing them to fall victim to a school\u2019s prestige and sacrifice an education that truly supports their goals. Instead of limiting your focus to big-name schools, how about looking for a school that is best suited for <\/span><i><span style=\"font-weight: 400\">your career<\/span><\/i><span style=\"font-weight: 400\">?<\/span><\/p>\n<p><span style=\"font-weight: 400\">Many think that \u201ctop\u201d schools are their only option. But the truth is that a smaller, unique program is more likely to support your individual, equally unique goals. <\/span><\/p>\n<p><span style=\"font-weight: 400\">There are endless lists of MBA programs that afford opportunities for massive salary and career advancement\u2014ones that don\u2019t leave you in debt for years to come. If you decide an MBA program is the route for you, we encourage you to seek out a program that\u2019s affordable, interesting to you, and fully supportive of your success.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/abound.college\/mba\/advice\/going-into-business-from-a-non-business-career\/\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-2235\" src=\"https:\/\/abound.college\/mba\/wp-content\/uploads\/sites\/4\/2019\/02\/Marketing-Banners-5-300x63.png\" alt=\"Going Into Business From a Non-Business Career\" width=\"995\" height=\"209\" srcset=\"https:\/\/abound.college\/mba\/wp-content\/uploads\/sites\/4\/2019\/02\/Marketing-Banners-5-300x63.png 300w, https:\/\/abound.college\/mba\/wp-content\/uploads\/sites\/4\/2019\/02\/Marketing-Banners-5-768x161.png 768w, https:\/\/abound.college\/mba\/wp-content\/uploads\/sites\/4\/2019\/02\/Marketing-Banners-5-1024x215.png 1024w, https:\/\/abound.college\/mba\/wp-content\/uploads\/sites\/4\/2019\/02\/Marketing-Banners-5-610x128.png 610w, https:\/\/abound.college\/mba\/wp-content\/uploads\/sites\/4\/2019\/02\/Marketing-Banners-5-720x151.png 720w, https:\/\/abound.college\/mba\/wp-content\/uploads\/sites\/4\/2019\/02\/Marketing-Banners-5-360x75.png 360w\" sizes=\"auto, (max-width: 995px) 100vw, 995px\" \/><\/a><\/p>\n<h3><strong>Abound\u2019s <a href=\"https:\/\/abound.college\/mba\/colleges\/\">MBA Database<\/a><\/strong><\/h3>\n<p><span style=\"font-weight: 400\">Abound has a detailed, highly-selective repository of MBA programs that have met our rigorous approval standards. We encourage degree-seekers to explore and consider attending these select schools, as we find them most apt to cater to your individual needs.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Schools are legitimized as official Abound schools through a vetting process that evaluates programs through the following criteria:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight: 400\">Commitment to engaged learning<\/span><\/li>\n<li><span style=\"font-weight: 400\">Mentorship and student support<\/span><\/li>\n<li><span style=\"font-weight: 400\">Academic integrity<\/span><\/li>\n<li><span style=\"font-weight: 400\">Transparent explanation of offerings and programs<\/span><\/li>\n<li><span style=\"font-weight: 400\">Faculty, adjunct, and staff training<\/span><\/li>\n<li><span style=\"font-weight: 400\">Accelerated time to completion<\/span><\/li>\n<li><span style=\"font-weight: 400\">Available career services and networking connections with faculty, corporate partners, and alumni<\/span><\/li>\n<li><span style=\"font-weight: 400\">Affordability assistance<\/span><\/li>\n<\/ul>\n<p><i><span style=\"font-weight: 400\">The benefits of an MBA last a lifetime. Overall, an MBA program is \u201creally\u201d worth it if you\u2019re ready!<\/span><\/i><\/p>\n<span class=\"et_bloom_bottom_trigger\"><\/span>","protected":false},"excerpt":{"rendered":"<p>You may be considering whether it would make sense to continue your education and complete an MBA. The time, effort, and money that go into an MBA likely weigh heavily on your mind but, on the other hand, all that work adds up to a priceless investment in your future. So what is one to do? Let us help you decide whether pursuing an MBA is the right move for you.<\/p>\n","protected":false},"featured_media":1079,"template":"","class_list":["post-1059","advice","type-advice","status-publish","has-post-thumbnail","hentry","abound_advice_topics-finding-the-right-program","abound_advice_topics-affordability","abound_advice_topics-career-outlook","abound_advice_topics-thinking-about-grad-school"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.5 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Are You Ready to Get an MBA? - Consider These Factors | Abound: MBA<\/title>\n<meta name=\"description\" content=\"The time, effort, and money that go into an MBA likely weigh heavily on your mind but, on the other hand, all that work adds up to a priceless investment in your future. So what is one to do? 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