Top 10 MBA Myths

Getting a Master of Business Administration (MBA) from a Business School comes only from hard work and dedication. Here are the top ten myths that I, such as a postgraduate MBA graduate school, I often find people reciting:

Everyone can complete an MBA

Maybe everyone can complete one of the many sleazy MBA programs available. To get an MBA from a respectable business school means a lot of hard work and dedication. Achieving a reputable MBA is not easy and requires a lot of attention and study.

 All are good MBA schools

If you are looking to advance your career, improve your salary or develop then only a small proportion of MBA programs will be of no use. There are thousands of MBA programs and business schools although most are not known or recognized by the business world. The best business schools in the MBA highly ranked reputable rankings and / or are accredited by AMBA, EQUIS and AACSB,

 MBA ranking are not important

There are good and bad MBA grading guides available. Achieving top ranking in one of the influential MBA rankings such as those produced by The Economist, Financial Times and Businessweek is very valuable for the reputation of an MBA program. People who have earned an MBA from a high school are usually paid more and more jobs than those who have not attended the school's classification.

 A Guaranteed MBA Career Progression

After graduating an MBA from a reputable business school definitely it allows to communicate a certain level of skills and knowledge is possible MBA graduate. However, there are no guarantees and career progression, even after reaching an MBA, always relies on hard work and be great in role.

 An MBA ensures a high salary

Getting good MBA makes achieving the highest salary possible, but there is no guarantee. As well as career progression are not guaranteed to have an MBA therefore a high salary are not guaranteed. Those who get an MBA from good business schools have had to work very hard and make business decisions right to achieve their MBA. These same skills are necessary to achieve a high wage

 Distance / Courses Correspondence MBA are as good as the others

Learning is about experience, and facts. Much of the MBA programs is to learn from others in his class and learn to work in high performance team. MBA distance learning programs (those where physical attendance in classes is not mandatory) miss this important part of an MBA course.

 

MBA programs are expensive

Good MBA programs are expensive to attend. The return on investment (ROI) of good MBA programs (which are usually the most expensive) is significant and will be much higher than attending a cheaper but not as respectable MBA program. An MBA is an important investment and must be treated as an investment rather than an expense.

Competent entrepreneurs do not need an MBA

The development of self is necessary to improve and employers frown on people who do not improve their skills. There are few, if any, better ways to develop business skills to complete an MBA program. I did not meet him with an MBA (from a reputable business school) that did not benefit from attending an MBA program. Of course, an MBA is not a prerequisite for success in business, however, an MBA will have the opportunity to succeed much better.

Experience is not necessary to attend an MBA program

Highly rated MBA programs use case studies to work through practical examples. No work experience, benefits and contributions from practical case studies are canceled. Having relevant experience and being able to apply this experience to MBA studies is essential to getting the most out of MBA programs.

An MBA program teaches everything you need to succeed in business

False! Natural ability is essential and MBA programs teach absolutely nothing. MBA courses focus on the skills and abilities that can be taught and which are specific MBA programs. If for example you are a terrible communicator then completing an MBA will not necessarily make you better in this essential business competition.

Gary Eckstein is a small business consultant [http://idoinfotech.com/] specializing in value-added to small and medium-sized businesses. Gary owns and operates several online home cinema companies [http://gobluray.com/]