Is getting an MBA Worth It?

[Schneed10]

It's paying off in my world, I work in financial administration. If I didn't have the MBA, I couldn't have reached the level I'm at right now. There are two people in my office who have very good reputations for strong work, and have college degrees. But they're holding steady at their current positions and don't figure to move upward without the MBA. I've gotten to one level ahead of them now, largely because of the MBA. I don't know exactly what their salaries are, but I'd guess I'm making 5-10K more than they are at this point in my career.

But like Matty said, the real value is down the road. Without the MBA, there's no way those other two could ever get considered for director of finance (130K per year or so). The MBA gives me a fighting chance at that position down the line.

I think in today's business world, the MBA is pretty much required if you want to reach that director level. I don't know how that translates to the IT and IS world though.