Is an MBA worth it? A look into the finances—and outcomes

& by Nate Delesline III Atlanta Tribune The master of business administration (MBA) has become one of the most popular and prestigious graduate degrees. Harvard established the first modern MBA program over 100 years ago. Other universities soon followed, offering their own graduate-level business programs. Then and now, most MBA programs take two years to complete. However, this timeline varies depending on the program and other factors, such as if you choose to study online or in-person, or full-time or part-time. You’ll need a bachelor’s degree to enter most graduate-level programs. To earn an MBA, most—but not all—schools require students to take either the Graduate Record Examination (GRE) or the Graduate Management Admission Test (GMAT). The academic curriculum for an MBA usually includes courses in accounting, marketing, organizational behavior, leadership, and business ethics. Business schools also sometimes require students to have 2-3 years of work experience. Applicants must submit a resume, letters of recommendation, and a personal statement. WHY DO PEOPLE CHOOSE THIS DEGREE? Individuals pursue MBAs to unlock career opportunities and increase their earning potential. John Marsh, an associate professor and associate dean for faculty at the College of Business at the University of Mary Washington, said some people...