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Writing an Argument Paper

In: Business and Management

Submitted By piper1
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Writing an Argument Paper
Management-MGT521

Writing an Argument Paper Many factors influence the decision to seek a Master’s in business administration degree. Employability, cost, interest, and personality compatibility are just a few areas one should consider when determining if an MBA degree is the best direction academically for one to embark upon. Through research and reliable sources one can gather important data useful in making this life-changing decision. Reliance on credible and valid data significantly improves ones opportunity to make an informed decision and this increases the probability of successful completion of the MBA program.
Why an MBA The decision to seek a graduate degree in Business Administration should be based on a number of elements. Determining factors in making this decision may include personality traits, interests, life stage, past career developments and successes as well as economic and employability factors. When an individual has experienced the business and management fields for a number of years, and the individual has developed a positive level of accomplishment, seeking an MBA degree could lead to significant benefits professionally. After spending many years in another field the decision to begin a new career in mid-life is a major and a somewhat anxiety filled endeavor. Income potential, personal interests and employability are considerations of extreme importance when weighing the final decision. When personality traits are analyzed for possible career choices it can become quite clear, which direction one should investigate to determine the correct avenue in which to embark. Some interests should be left in the arena of dabbling for pleasure, whereas other avenues may prove to be quite profitable as a career choice. The authors Jungian personality assessment indicated that she is ENTJ which show her to be visionary, outgoing, and that of a natural leader and seeking a graduate level education in the MBA field seems to be a natural fit (Pearson Education Inc, 2007). When an individual has significant experience in management, receives consistent positive feedback from both executive and employee levels regarding management technique and effectiveness, pursuing a formal educational degree to become more employable and competitive seems to be the advantageous direction to travel (Zhang, 2008). Through researching the requirements posed by current corporations and public agencies on employment opportunities, one must look for data generated through sound research methods. These methods should incorporate empirical means for gathering and analyzing the data as well as using a review processes to clarify and validate the data one is relying upon (Spatt, 2011). Information obtained from sources, such as the National Center for Public Policy, and articles written by scholars can provide the important factual data necessary for a prospective student to make an informed decision (Immwewahr, 2004 & Dahr, 2001). College graduates find opportunities, which are far superior to non-graduate opportunities in regard to higher income, shorter hours in the work week, exciting, and fulfilling careers as well as higher levels of employability and career related advancement (Dahr, 2011). The public view on higher education is directly related to the view that higher education is connected to elevated success both from a professional and personal standpoint. The private and public employment sector is using these viewpoints to construct the format for what is desired and required for an enterprise to succeed. (Immerwahr, 2004). It is apparent that most private company’s and public institutions agree that a higher educated workforce will be more successful. For today’s employee, manager, or executive to compete in the job market a higher level of education is required to gain and maintain the edge. For the more seasoned manager or executive, the MBA degree significantly helps to equalize the employment playing field. `A major concern is the cost of obtaining the higher level of education required for an MBA in relation to the benefits of the MBA degree. These costs are not just those, which are connected to the tuition charged by the particular university but also of the opportunity costs incurred through a reduction in current economic sources from employment, and the costs associated with the expenditure of the individuals time (Montgomery & Powell, 2006). If one attends school full-time the loss of full-time wages can be a significant cost. If one works part-time or attempts to maintain a full-time position, the economic loss will be less but still a major deciding factor in the decision to move forward toward the MBA degree (Montgomery & Powell, 2006). By limiting the amount of time one has to contribute to his or her employment, a loss in advancement and promotion may occur and contribute to the cost of the price of the MBA. The potential income loss combined with the tuition costs are factors that must be weighed thoroughly prior to enrolling in the MBA program (Montgomery & Powell, 2006). Failure to fully analyze and recognize the pitfalls of enrolling in such a stringent degree program can lead to the failure to complete the academic program altogether. In the event that one does not complete and earn the MBA degree, the loss of potential income is added onto the tuition and opportunity costs. When all three of these areas are combined, the detriment of seeking the MBA may be far greater than the potential benefits (Montgomery & Powell, 2006).
Conclusion
Most individuals have a diverse arena of interests and could enjoy a career in many fields. By determining which career path to follow, the individual needs to determine the probability of consistent employability, advancement, and compatibility. Researching employability availability and patterns for career fields allows one to gather data on the careers currently in demand and which fields have limited availability for employability. The USAJOBS website currently shows results for 4337 management level openings, which indicates a strong level of potential employability. Conversely the Psychology related mental health field indicates openings of 439 postings, which relates to a low level of employment opportunities (USAJOBS, 2012). Decisions regarding graduate studies should be approached from a logical and analytical direction. All parts of the equations should be viewed, addressed, and weighed prior to any final determination of which path to travel. The costs are high and when informed decisions are made in a mature fashion the benefits are limitless.

References
Dahr, R.L.(2011). Why MBA education…? An examination of the reasons for pursuing a management course. Education, knowledge, & economy, 5 (1-2), 53-70. Retrieved from EBSCOhost database.
Immerwahr,J. (2004). Public attitudes on higher education a trend analysis, 1993 to 2003. Retrieved from EBSCOhost database.
Pearson Education, Inc. (2007). Jungian 16-type personality assessment. Retrieved from https://ecampus.phoenix.edu/secure/aapd/sas/robbins_sal3v3web.html
Montgomery, M. & Powell, I., (2006). The effect of tuition and opportunity cost on the pursuit and completion of a graduate management degree. Journal of education for business, 1: 190- 200. Retrieved from EBSCOhost database.
Spatt, B. (2011). Writing from sources (8th ed.). Bedford St. Martin Publishing.
USAJOBS, (2012). Working for America. Retrieved from www.usajobs.gov/
Zhang, L. (2008). The way to wealth and the way to leisure: The impact of college education on graduates’ earnings and hours of work. Research in higher education 49: 199-213. Retrieved from EBSCOhost database.

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