This website uses cookies to ensure you have the best experience. Learn more

The Mba Decision Essay

2109 words - 9 pages

The MBA Decision |
Case 1 |
FIN640 Corporate FinanceMisty SkinnerBrookline College |
Misty Skinner |


1. How does Ben’s age affect his decision to get an MBA?
We assume that both MBA program start at the beginning of the year, now is the beginning of the year at his age of 28 and he can enroll both program now. The following summary table shows the information he can use to make the decision.

Option | Dewey and Louis | Ritter College ,Wilton Univ (2 year program) | Mount Perry College (1 year program) |
Tuition | / | 65000 | 80000 |
Books and other supplies | / | 3000 | 4500 |
Health insurance plan | / | 3000 | 3000 |
Room and board expenses | / | 2000 ...view middle of the document...

317 | 999245.0894 |
Based on the table above, when T=10, at the beginning of year 11 the NPV1 will be higher than the NPV3; when T=13, at the beginning of year of 14, the NPV1 will be higher than the NPV2We can draw a conclusion that after 10 years, which means after 38 years old, going to the Bradley School won’t get a higher payoff; and after 13 years, which means after 41 years old, going to the Ritter College won’t get a higher payoff. And before 38 years old, it is better to pursue MBA as earlier as possible.
2. What other, perhaps no quantifiable factors, affect Ben’s decision to get an MBA?
* Location
As we know, the most important factor to choose a Business School is location. For example, definitely more job opportunities are offered in big cities, and also more choices for internship. Ben can meet more people to expend his networking which may benefit his job hunting as well. But the life expense will be much higher.
* Personal life plan
Going back to campus life is an important decision for a man to desire his future life. Does his family support him to give up his current job? What are the effects will bring to his marriage and family?
* Other preferences
Which school most closely offers a concentration in the career direction Ben wants to pursue? Which school will provide the lifestyle and other practical considerations he wants? Preferences, like focus on commercial banking or investment banking, campus environment, student/ professor ratio, also need evaluate.
3. Assuming all salaries are paid at the end of each year, what is the best option for Ben--from a strictly financial standpoint?

Option 1:
For not attending any MBA programs, Ben’s NPV is
Option 2:
For attending the Wilton University, Ben’s NPV is
Option 3:
For attending the Bradley School, Ben’s NPV is
So, the best option for Ben is attending the Ritter College.
4. What initial salary would Ben need to receive to make him indifferent between attending Wilton University and staying in his current position?
Let salary=s.
For attending Wilton University, NPV is
For not attending any college, NPV is 935283.4855.
Let two NPV be equal, we obtain
13.42282312S-123911.4152= 935283.4855
Solve S, S=78909.99466
So the initial salary should be 78909.99466 to make Ben indifferent between attending Wilton University and staying in his current position.
5. Suppose that instead of being able to pay cash for his MBA, Ben must borrow the money. The current borrowing rate is 5.4%. How would this affect his...

Other Papers Like The Mba Decision

Argument for Mba 521/2 Essay

1306 words - 6 pages . As one can see , there is much to consider and evaluate in this decision. Conclusion Getting an MBA has it plusses and minuses, as do most things in life. It is not something that is freely given but is earned and as such has value. The question here, is what is the value of the MBA to you, the person who is evaluating its pursuit. For some the goal is monetary, security, opportunity and even self fulfillment. For others it is too much

Mba Essay - What Will Be Your Unique Contribution to Your Mba Class?

1013 words - 5 pages sections in this report: • The report first highlights John’s prior business experience and career aspirations to set out the context for her decision to participate in the MBA Programme. • The next section focuses on the top benefits that can be achieved from the MBA Programme participation. • John’s own contribution to the Programme is discussed in the last section. Effective contribution, commitment to the Programme and supporting the brand

Mba Pursuit

1049 words - 5 pages Pursuit of an MBA Marvin Conway MGT/521 1 April 2010 Construct and Support an Argument Decision to Pursue an MBA To some, pursuing higher education is a waste of money and time. Others, such as me, may argue that it is an accomplishment and the benefits from acquiring a degree are worth the efforts and hard work. With the current national unemployment rate at 9.7% (US Department of Labor, Feb 2010) and steadily rising, it

Mba Objections

1003 words - 5 pages could directly affect an individual’s chances at a promotion or may even cost his or her job. Individuals must have discipline in managing his or her time with family, work, and school. Job Availability The job availability after graduating with an MBA is another objection. This is a decision that weighs heavily, especially after a recession. For most individuals, the tuition payments soon start, and certainly making such

Why I Decided to Get an Mba Degree

858 words - 4 pages courses that help better yourself in your field of study. All in all cost should never deter anyone from obtaining an MBA; there is a lot of money out there for students who want to better themselves. Like my mother says “a closed mouth doesn’t get fed." In conclusion, getting my MBA is the most important decision I have made this year. I am at a point where I want to learn as much as possible so that I can continue to my career goals. I am

Pursuing My Mba

862 words - 4 pages give up to accomplish my dream. My decision to pursue an MBA degree was more on considering the benefits of an MBA degree and the opportune time to do it. I decided that it made more sense to wait a year rather than pursue immediately after earning my undergraduate degree. I knew that choosing to pursue an MBA would basically open up new career opportunities. Some of my concerns were getting back into studying and test-taking mode

Term Paper

398 words - 2 pages Construc and Support an Argument Paper Construct and Support an Argument Paper Amanda Wilson University of Phoenix Construct and Support an Argument Paper Deciding to pursue a Master’s in Business Administration (MBA) degree is an important decision which should not be taken lightly. The master’s program is challenging and will take time from an individual’s personal life. An MBA can further a career, begin a new career, or fulfill a

Why I Decided to Further My Education

664 words - 3 pages An MBA Degree Helps Further My Career My decision to pursue an MBA degree to help further my career is what is needed to help me understand the requirements to start and maintain operation of a company from a business aspect. With the courses offered in the MBA program I can learn new methods and also refresh on old methods learned while I completed my bachelor’s program. Supporters of the MBA program argue that degrees allow graduates to

Why I Decided to Pursue a Mba?

1407 words - 6 pages your career and increase your income. If you are in a mid-career level who are waiting for a good career opportunity to move your career to next higher level, taking a MBA is a good decision because an MBA will certifies you as a master in business administration (Harvard, 2008). Conclusion: The worry about whether degree earned through online education can be widely accepted in the job market is not valid anymore since many job

Pursue an Mba Degree

1193 words - 5 pages better career choices and help with achieving personal goals. This paper will use the Jungian Personality self-assessment on show my decision to continue with an MBA degree for a personal goal. Jungian Personality Self-Assessment. Jungian is a test that measures how other perceives "us.” It measures our weakness; strengths and it give us some suggestion on how we can improve ourselves. Our values, motivates, attitudes, decision-making

Value of an Mba

1741 words - 7 pages Abstract The purpose of this paper is to construct and support an argument on a decision I made to pursue an MBA degree to gain both knowledge and insight into complex business problems and solutions. The argument will be based on a “What’s My Jungian 16-Type Personality?” test and a general benefits analysis of postgraduate MBA education. The paper will evaluate my personal score from the test as an ENTP result, which describes individuals who

Related Essays

The Mba Decision Essay

2513 words - 11 pages THE MBA DECISION 1. How does Ben’s age affect his decision to get an MBA? In our opinion, Age is one of the important factor that affects someone decision to continue study. In this case, Ben is now 28 years old. He graduated from college six years ago when he’s age is 22 years old. Assuming that Ben already working for about 5 years since graduated from college, so that he would have enough money from salary saving in5 years to do his MBA

The Mba Decision Essay

2952 words - 12 pages The MBA decision Ben Bates graduated from college six years ago with a finance undergraduate degree. Although he is satisfied with his current job, his goal is to become an investment banker. He feels that an MBA degree would allow him to achieve his goal. After examining schools, he has narrowed his choice to either Wilton University or Mount Perry College. Although internships are encouraged by both schools, to get class credit for the

My Decision To Pursue Mba Essay

1279 words - 6 pages My Decision to Pursue MBA In this paper I would like to illustrate an argument, my decision to pursue an MBA degree to become a business owner or explore a more exciting career. By using the Jungian 16-Type Personality Assessment results, I can substantiate and establish why the decision to pursue an MBA was the right decision. I firmly believe that a degree in engineering combined with a MBA can reward a very successful, satisfying and a

Advantages And Disadvantages Of Pursing An Mba

1274 words - 6 pages Advantages and Disadvantages of Pursuing an MBA Advantages and Disadvantages of Pursing an MBA The decision to pursue a Master’s in Business Administration is a difficult, personal decision. In fact, I categorize it as a life changing decision. For instance, this decision is like most major decisions people make. Whether the decision is over buying a home, changing careers, starting a family or buying that dream car, it is usually laced