MBA Diploma: What it gives and how to get it

Many people make an incredible effort to get an MBA diploma, but some of them do not even understand what it will give them. People just do it in order to get the next status symbol - of course, this diploma is one, but in fact there is much more hidden behind it. And while you should pay attention to the fact that you do not necessarily need a professional business school - you can earn this diploma yourself. All this will be discussed in more detail below.

Why do people want an MBA?

You probably heard more than once that people want to get an MBA diploma, but were you wondering why they want to do this? There are many reasons that can induce such a decision. For example, some employees of large and small corporations want to become more useful to their companies, and also increase their chances of promotion. Others may wish to open their own business, but they do not have any knowledge necessary for this. Still others are specialists in their field of activity, but they can not deal with its financial side. For all this you can decide to get an MBA diploma.

The advantages of the diploma

The first and most important advantage of such a diploma is the fact that it is a serious symbol of status, if issued by some well-known financial school. If you demonstrate yourself with the best of luck and will be among the most outstanding students, you will have access to employers from the companies included in the Fortune 50 list. Moreover, even if you do not become the best, the availability of this diploma will very positively give you out against the background of others Candidates who do not have a similar diploma. It is also worth noting that in the process of learning the program you are establishing contact with those people who in the future, perhaps, will be the best of the best in the financial market. Accordingly, you can also learn a lot from your fellow students, and they will learn something from you. Do not forget that you will have impressive access to so many resources that open the way for interviews with the best employers. Well, we should not even mention that in recent years, the opinion has been strengthened that the lack of an advanced diploma in a person can be equated with the lack of a standard diploma of higher education ten years ago.

disadvantages

The most important drawback of the diploma is that it is incredibly expensive - you will have to pay at least eighty thousand dollars for tuition only. Many people get into debt to get a diploma, and they have to pay off these debts in the next three years after completion. Also, do not forget that the training is full, that is, you will not be able to work for two years. Moreover, you should not make the mistake that very many people commit - they believe that the presence of this diploma guarantees them a highly paid job with a 100% probability. But this is not so, the training for obtaining a diploma is knowledge and experience, and the diploma itself is only confirmation that you have it. You have to do everything yourself, and a diploma is just a tool that can help you in this. Do not forget about the cost of missed opportunities - it is quite possible that you can not never pay back what you did not get while sitting in class, but could work. It is sad to realize this, but even the data that are offered in the process of training often do not correspond to reality. Well, the last, but no less impressive minus, is that all two years you will expect almost only theory, although the best training, as is known, is in practice.

Selection

Everyone has the right to choose whether he wants an MBA or not. You need to weigh all the advantages and disadvantages, assess the possible losses and prospects of income, your current financial state, so that in the end you can make an informed decision about what you need to do.

Selfeducation

Josh Kaufman wrote a book that in the original is called Personal MBA, which translates as "Personal MBA Diploma" - in this book he told you that you do not need to spend a lot of money and a few years of your life to become an expert in the field covered by the preparation To the diploma. Simply put, you can learn everything you need and get the appropriate knowledge without spending a cent on it and throwing out two years of life. You definitely need to read this book - and then, probably, you decide not to go to the courses, but arrange them for yourself. From the book you will learn about three main principles - how the business works, how people work, and how the system works.

Lessons from Kaufmann

In the process of studying the book and preparing for your own MBA diploma, you need to identify for yourself those topics in which you are not too well versed, then refer to the list of literature that the author offers you. There you can choose two or three books on the topic and study it more thoroughly. Before this, it is recommended that you pass some popular speed reading course to increase your speed, because you have to read a lot of materials yourself, and if you do not want your training to take your whole life, then it's better to hurry. Always after reading the book, make up its brief content, if necessary, visualize the information received so that it is not lost, but always was at your fingertips. One of the most important steps is a discussion of what you have learned with other people. As already mentioned above, it is on this and the process of training is built up - you can learn something new while communicating with your colleagues while studying, and they receive important information from you. But no one prevents you from doing the same thing, being not in the class, but simply in the real conditions of life. Also use the knowledge gained in your work, and if you do not need them so much, then look for areas where you can apply them, since it is very important to practice the theory - without this knowledge will not make sense. After that, you need to collect a feedback and analyze the data - what worked, what does not, what can be improved, and what completely to change? This is the only way you can get your life MBA diploma.