MBA Degrees Provide Options During Downturns
December 15, 2008
By the My MBA Career Content Team – Find Top MBA Degree Programs
Having an MBA degree offers flexibility and options that can help you navigate even the toughest economy.
CNET news recently spoke with Steve Borsch of Eden Prairie, Minnesota. Borsch is an MBA who co-owns a consulting firm that advises companies on how to best use various online tools such as blogging.
For Borsch, the current economy is as much about opportunity as it is waiting out the recession.
"Wherever there's great flux, there's great opportunity. It puts everybody on pins and needles, on the edge of their seats, looking for other ways to do whatever it is. Whenever people are like that, they are willing to listen in ways they never had before," Borsch told the news service, going on to call this situation "incredibly empowering." For now, Borsch is weighing his future moves carefully, with options that range from leaving his current setup to work for a corporation or re-tooling his existing business efforts.
Many other current MBA students are also hoping to use the recession to their advantage, taking classes now that will leave them better positioned and more competitive when the economy improves. The website njbiz.com reported earlier this fall that some 77 percent of full-time business schools had reported recent upswings in applications.
According to the Bureau of Labor Statistics, demand for consultants and management analysts is expecting to grow "much faster than average" in the coming years - although competition for these positions will be tough because of the potential earnings and independent nature of the work.
Find a Top Online MBA Program Today – Getting Your Online MBA is One Step Away!
Related Article Topics: Management
