Typically, an accredited MBA program teaches courses in accounting, finance, and business ethics. These courses provide a strong foundation for any desired career advancement. An individual with a MBA can receive promotions with his current employer or an advanced position such as a manager or vice president with another employer. In fact, according to You Guide to MBA Schools & Courses, it makes sense for anyone working in the marketing, computer science, business, technology or medical fields to obtain an MBA for long-term future goals. In addition, if he wants to start and operate his own business, an MBA provides the knowledge and skills to do that.
Pursuing an MBA is expensive. How expensive depends on the particular school or specialization the person is studying. For instance, the University of California---Los Angeles tuition for the Executive MBA program as of 2011 is $57,000 a year. However, Wagner College tuition, as of 2011, was $38,925 a year for its MBA program.
One of the biggest pro for obtaining an MBA is the advantage it gives you when networking. Besides an extensive business education, an MBA student can gain employment and business contacts, according to Your Guide to MBA Schools & Courses. This means a person may meet, talk and network with other MBA students, faculty and industry professionals in the field.
An online MBA program has many pros and cons. For instance, one pro is the convenience. A person can take classes when he can instead of having to attend classes and continue to work while completing the program. However, a major con of online MBA programs is that an individual may have to compete with others who have completed traditional, on-site MBA programs. Also, an individual must make sure that the online program is accredited.