This what makes studying so much important, the use of experience and knowledge based combined altogether defining the skills valued by the user in increasing your highest bid in salary.
The value of an advanced business degree is eroding — at least as measured by the rate of pay increases for recipients, according to new research by the Financial Times. Bottom line is that graduates of the top US programs in the mid 1990s tripled their salaries in five years on average, but grads from the same schools saw half that increase in 2008 and 2009.
That can’t feel good — though I’d wager those salaries are still pretty robust to begin with. But there is growing skepticism about whether a masters degree in business administration pays off the way it once did. This decline in pay hikes comes at a time when students pay 7 percent more per year for their degrees. In 2012, the fees for MBA programs were up 44 percent in real terms compared to 2005.
Whether an MBA is worth the effort and expense…
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