Investing in MBA programme can be risky, says a report
If you are thinking about investing your time and money on a MBA accreditation, be very careful in selecting the institute or your investment will get wasted.
The advice follows the release of rankings by the Chinese edition of Forbes magazine on April 19th.
As per reports published in local Chinese media, the ranking was based on a survey conducted in 45 domestic B-schools and mainly focused on the feedback of students who graduated in 2005 and 2009 – people who have now been working for five years and one year, respectively.
The list was topped by China Europe International Business School (CEIBS), which has topped the list third time consecutively.
The survey also found that MBA programmes offered in various Chinese B-schools have varied greatly in the past few years. While some B- schools have fared well this time around, the performance of others have deteriorated.
Talking about the importance of making the correct choice of the institute and programme to pursue MBA, Liu Ruiming, executive editor of the Chinese edition of Forbesm said,” In the mid- and long-term, investing in an MBA or EMBA education can achieve a good return, but only for those excellent programmes.”
Quoting an example, the magazine said graduates from CEIBS realised cumulative income growth over the five years that followed of 524,000 yuan.
The income growth rate was 116.7 per cent when comparing salary before and immediately after their MBA.
On the contrary, graduates from relatively weak business schools saw no obvious rise on salary.
However, there were cases when students had not recovered even the costs of their tuitions.
The survey was conducted on the basis of return on investment after five years. It also considered the first-year starting salary for graduates and the income growth rate after graduating.
Source Link: http://learnhub.com/news/1008-investing-in-mba-programme-can-be-risky-says-a-report
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I would suggest all the students to check with the accreditation properly...some time institutes lie about their accreditations...
ReplyDeletehi, students should choose institute which have good accreditation and has good placement record..or else they would not be able to recover their tuition fees...All the best!!!
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