Hey, MBAs appear to be in high demand. Graduates are expected on average to make a base salary near $100,000. Every year, an additional 100,000 MBAs are conferred. But, there is a huge flip-side.
MBAs program only require a 4 year in any subject (not necessarily business administration courses like management, marketing, human resources, etc and can be taken online. Thus, many people are awarded these MBAs don't have the initial 4 year undergraduate business degree first.
On top of that, many top firms are very picky about whom they hire and online MBAs are taken much less seriously unless they have the undergraduate bachelor's degree specifically in business first with at least 2 additional concentrations.
So in all, I just wanted to know, are MBAs really worth what they tell you or is it just a scandal except for the schools like Harvard?