Published: December 30, 2018
The Value of an MBA Even with the Rise of the Specialized Master’s
Sponsored Content
In recent years, there’s been a media frenzy about the decline of MBA applications. The Wall Street Journal wrote about American business schools struggling to lure young professionals, while Fortune wrote about MBA applications declining even at the most elite institutions. The consensus is that MBA applications are trending down (Financial Times) while specialized masters programs are growing more popular.
So, the question is, “Is an MBA still worth it or is an MBA just an outdated degree that’s losing its luster in favor of other options?”
At Georgetown University’s McDonough School of Business, both the MBA and the specialized masters play an important role at the school. They offer measurable ROI to business professionals and are sought after by top employers. Both programs offer value that will depend on the perspective and interest of the applicants. Ultimately, it is about how the program will enable the applicants to improve his/her probability of success. However, just because some specialized masters programs are shorter or require fewer credits than a traditional two-year MBA does not automatically make them a better choice. There’s a reason why more and more cutting-edge tech companies are hiring MBAs, and they’re not the only ones.
Read more