Mba - an Investment

Ones approach to pursue Masters in Business Administration could be based on several factors like career enhancement, personal achievement or pursue a new career. The question that needs to be asked is “Why do we need Master’s Degree?” The answer is simple, to enhance your career (social) and life (personal).
Personal Benefits
According to Reuters (2007), "The higher the education the higher the earnings power," Mike Bergman, of the Census Bureau, said in an interview.” (para. 3).   Successful completion of the Master’s Degree enables us to increase our knowledge in a particular field as well as our earning power. It helps us to be more marketable when seeking for career advancement. The growing demand for the Master’s degree during difficult economic times is a need to survive in the workplace. Studies show that a Bachelor’s Degree earns more compared to the High School graduate and a Master’s Degree earns more compared to the Bachelor’s Degree graduate. Person holding a Master’s Degree will have a better chance of getting a job that best suits him and his abilities.
Sometimes in life it is important to do something that you enjoy, which will not only give satisfaction but help you perform well. I consider Master’s degree as a very formal form of education, which can make me very confident. Education is one of the most important tools that can help you succeed during the time of recession. It has been proven since long that people with higher education are more prone to survive recession. Master’s Degree is a tool that ensures or maximizes job security which is life sustaining for people during recession.  
Social Benefits
Obama stated that, “To be successful in the 21st Century economy, America's workforce must be more innovative and productive than our competitors. Giving every American the opportunity to attend and afford and be successful in college is critical to meeting that challenge.” (Evans, 2008, para. 3). It is a great opportunity to be able...