Why Earning an MBA Is Essential for Business

Business is extremely risky. It requires taking calculated risks, keeping abreast of constant twists and turns, and remaining ever sensitive to different cultural or social environments. Investors looking for partners tend to stick with those who have earned an MBA. This is not to say that an entrepreneur who lacks an MBA won't necessarily be effective. But as a general rule, it makes more sense to deal with someone who has completed several years of business school as opposed to someone who hasn't.

Business is extremely risky. It requires taking calculated risks, keeping abreast of constant twists and turns, and remaining ever sensitive to different cultural or social environments. Investors looking for partners tend to stick with those who have earned an MBA. This is not to say that an entrepreneur who lacks an MBA won’t necessarily be effective. But as a general rule, it makes more sense to deal with someone who has completed several years of business school as opposed to someone who hasn’t.

MBA Discrimination?

Perhaps you’ve already been a victim of what some people call MBA discrimination. You feel you have the qualities, business savvy, accounting skills, marketing know-how, and basic economic background to be successful in a wide variety of ventures. But because you lack that crucial document, because you lack an MBA, it’s hard to secure clients or investors.

Bad News about the MBA

The bad news is that things aren’t going to get much better. Because the business landscape is changing so rapidly, earning an MBA is all but essential for modern business. You can lament the rules, but that’s simply how the game is played.

Good News about the MBA

The good news is that it’s relatively easy to do something about your current situation. Earning an MBA is not nearly as difficult as it once was. You don’t need to leave your current job and lock yourself up for two years like previous generations had to. All you really need is drive and an Internet connection. You already have the latter, or else you wouldn’t be reading this. And presumably, drive and ambition are not really problems if you feel you’ve hit a glass ceiling. The only thing standing in your way is an actual MBA degree. So what are you waiting for?

Posted on June 29, 2006 at 05:53 PM

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