The first step is to calculate the cost of your MBA. If your employer sponsors the cost of your education, you can eithe
Posted: Tue Jan 18, 2022 1:01 pm
The first step is to calculate the cost of your MBA. If your
employer sponsors the cost of your education, you can either use
what you would have paid or use opportunity costs as a basis.
After you determine your initial investment, determine the net
present value (NPV) of that investment. As an example, let us say
“Joe” will be changing jobs when he achieves his MBA and will make
10% more annually as a result. Joe plans to work for 20 more years.
His MBA cost was $50,000. Do you forecast that pursuing an MBA is
worth the financial investment? Be sure to show all your
calculations.
employer sponsors the cost of your education, you can either use
what you would have paid or use opportunity costs as a basis.
After you determine your initial investment, determine the net
present value (NPV) of that investment. As an example, let us say
“Joe” will be changing jobs when he achieves his MBA and will make
10% more annually as a result. Joe plans to work for 20 more years.
His MBA cost was $50,000. Do you forecast that pursuing an MBA is
worth the financial investment? Be sure to show all your
calculations.