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Got MBA Fear?

According to Benjamin Franklin, “nothing can be said to be certain, except death and taxes”. Given that there is little one can do with regards to death, short of living in a sort of stasis where nothing has any consequence and no one communicates, the only impact we can do is to try to limit the impact our taxes have on us MBA課程.

At a time when the cost of living continues to rise due to governments, our main goal is to reduce the amount of impact tax rises have on us. Assuming that one doesn’t belong to the set of individuals who can afford to pay someone to reduce their taxes, the central action one can take is to try to increase the amount of revenue, we as individuals make through salaries, dividends, and other income. Forgetting for the moment that as we increase our income we actually pay more tax, we will assume that we will actually be better off if we increase our salary.

One of the best ways to increase one’s salary is to improve one’s education and qualifications (assuming that promotions are based on merit and not on whether you know the right people!).

The top of the tree in business qualifications is the MBA. According to the Graduate Management Admissions Council in 2005, a person who graduates with an MBA could expect to earn a salary in the region of $106,000. They also point out that some individuals may also potentially gain a signing bonus of around $40,000. There are examples of people who have completed an online MBA and within a couple of years have doubled their salary.