As someone who got their MBA for free from former employer, can't agree more.![]()
Nearly half of master’s degree programs leave students financially worse off
...and just one subject results in a starting salary over $100K.fortune.com
Similar to the added cost and time of commuting, I'm adding this here as a friendly reminder that only get an MBA if your employer pays for it, or if you want a job that requires it, and your current resume is being denied because of education level...
I know a bunch of people I worked with that went and got an MBA just because they thought that was the way to get promoted. Very much the "earned my MBA badge!" But they had no real idea what they wanted to do with it. Luckily for them, former employer used to pay unlimited for people education. But abuse of the system led to a budget limit on it - no more free lunch lol.
I will say, mine was useful as I got more into a P&L responsible role. And now, co-owning a small biz, I have to say it is quite helpful. Am I great at accounting, finance, operations, et al? No not really. But I know a little about it all, and that helps quite a bit.