Should You Pursue An MBA In 2009?

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Pursuing an MBA may be what most people do not want to do right now.  If you are a contrarian, then you know it's the best time to do so!  When everyone is running from something, a contrarian will take the opportunity and use it to their advantage.   It's pretty tough for the average MBA graduate these days.  Those who are still pursuing an MBA degree must feel a good degree of pressure.  With the number of jobs shrinking and debt rising, anyone in the situation could feel like atlas, with the burden of the world on their shoulders.

Why am I writing about this today?  It's the end of 2008 and many people are making long term decisions and resolutions for the New Year!  I think many people may be heading back to school due to the employment climate.  If you can afford to head back to school, it's probably a great opportunity to do so.  Once you receive your degree, the employment opportunity should be better than it is today.  This decision, in my opinion, is both frugal and wise - for long term planning.  Am I thinking about pursuing this?  What do you think?

Before you do pursue an MBA or any other post graduate degree, you may want to ask youself some questions and figure out why you want to do this.  Knowing why you are doing something is the most important step in any long term decision that will affect you and your family.

Asking yourself why you want to pursue an MBA degree before you begin, and finding "Your Right Answer" should be the first step before you start.  Whatever the reason is, whether you want to earn more money, you want to become an entrepreneur, to meet like minded people or any other personal reasons; knowing the answer to why you want to do something is the most important step you need to take.

There are no guarantees in life, that just makes life that much more exciting.  I want to wish everyone good luck and great success in 2009!  Thanks for your continued readership!  I would love to hear your thoughts on this, especially those pursuing an MBA and those who already do.  Follow me on Twitter for additional links to Frugal tips and tricks. If you would like to contribute to Frugal NYC in any way, articles, ideas, posts, interesting links, advice, financial assistance, or anything else, feel free to contact me via email. Click here to add this to your RSS reader.