MBA: Is It an Asset or a Liability in the Information Age?
Starting salaries were attractive, signing bonuses were too large to comprehend, and the general excitement and technological progress was all but intoxicating. But then came the big bubble burst, followed by terrorist attacks. And suddenly, earning an MBA didn't seem like such a wise investment. Two years of rigorous study, followed by long hours and so-so pay simply didn't have the same cachet or appeal that previous years had offered.
MBA Schools in 2006
It seems that happy days are here once again. Signing bonuses and salaries of recent graduates from MBA schools enjoyed double-digit increases in 2005 averaging a record-breaking $106,000. Thus, the rapid salary decline of the IT bust has not only reversed, but it has also actually exceeded the high levels witnessed during the dot.com hysteria.Online MBA Schools
Although the Internet hoopla may have destroyed many companies after the rude awakening of 2000 and 2001, it has also provided numerous opportunities for entrepreneurs and students alike. Nowadays, it's possible to master all of the business essentials without ever having to set foot outside of your house. Online MBA schools provide you with the requisite skills, training, expertise, and know-how to navigate the world of e-commerce, international business, information technology, and modern finance. It was exactly these areas that many of the brick and mortar MBA schools lacked during the Internet boom.Some might even speculate that because many traditional campus-based MBA schools did not specialize in Internet technology and e-commerce, the original dot.com movement was ultimately doomed for failure. But because online MBA schools are acutely aware of the Internet's awesome potential (and limitations) with regards to business, if you manage to secure your education from such a program, you'll be much more in tune with how to parlay your experience, education, and learning into long-term business success.
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