Recession A Good Time To Build Business Education
January 21, 2009
By the My MBA Career Content Team – Find Top MBA Degree Programs
The current recession is widely seen as an opportunity for many professionals to upgrade their business education - but not without doing some homework first.
A recent column in the New York Times jobs section focused on the importance of weighing your long-term goals and your financial situation as you make an important decision like choosing an MBA program.
Jeffrey Heath of the Landstone Group told the newspaper that for somebody who already has 10 years' experience in business, "in a couple of years the market will be healthier and you will have your master's degree."
Heath also cited the value of working towards an MBA or other degree despite having suffered a recent layoff, pointing out that "knowing you're working toward something will make you feel better."
MBA and other advanced business degrees also offer the opportunity to take your career in an entirely new different, or to add greatly to your current list of business contacts.
Still, would-be students are advised to think about whether their investment in a potentially expensive MBA program is a good match for their career goals and industry, and to carefully consider the effect pursuing a degree could have on their financial situations.
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