This question has been asked many times in this forum in various guises. I'll repeat what I wrote before to them. If you are in a profession or job which has professional qualifications, it is probably better to go for those professional qualifications as they are more focused for that particular profession or business. They are probably more recognised or accepted than a MBA which is a general qualification. Besides, MBAs are a dime a dozen now, almost every university seems to have them. To stand out from such proliferation of MBAs, they have to be very well recognised and distinctive, and that means expensive MBAs as those universities can and will charge the earth for them.

I've known two colleagues who spent a fortune on their MBAs. One was a Nanyang Technlogical MBA and the other a Singapore Management University MBA. Both are highly ranked and some of the best in Asia. Both costs around the region of SGD70+k in all. Yet, after completing those MBAs and some years later, they haven't been able to leverage on their MBAs. In fact, they are still in the same profession and positions they were in originally. They were disappointed as they had hoped to be promoted or find a better position with the MBAs but unfortunately, they were not able to. In the end, they just accepted it and said, and this is probably more important for them, that they had learned a lot more about various subjects that they had been interested in.

The one person I know who did managed to leverage on her MBA was a friend who quit her job and took a financial loan of USD200k to study for a Wharton MBA, which is a 2 years' master. Wharton MBA is consistently ranked Top 3 in any rankings for best MBA globally. It has often overtaken Harvard's MBA as the best MBA available. After finishing her MBA, she managed to get a well paying consulting job in USA and she hopes to pay off her loan in a few years.

https://en.wikipedia.org/wiki/Wharton_Schoo...of_Pennsylvania

This post has been edited by xenotzu: Mar 9 2023, 11:29 AM

Only in Malaysia and Singapore as they didn't want to be away from their families. Different industries but both were in MNCs and C-Suite levels. Both completed their MBAs about a decade or so ago. Even then there too many around, and both did not receive their ROI that they had expected. Unless you really are willing to pay and go full time for the top 10 global MBAs, they are really not good value for money, and do not hold the cachet that they used to when they were first introduced decades ago.

Curious what you finally decided to do with your MBA. Looks like someone else is in the same boat.