Click here to monitor SSC
SQLServerCentral is supported by Red Gate Software Ltd.
 
Log in  ::  Register  ::  Not logged in
 
 
 

The Value of an MBA in IT

By Ted Manasa,

I recently read a Computer World article that cited a study touting the benefit of having an MBA in the IT industry. A two-year MBA degree would yield an average 8.2% increase in salary, as opposed to two years of extra experience, which would yield an average of 2.8%.

That sounds good. But the study, they admit, doesn't factor in the cost of getting an MBA. That got me thinking.

If you were a senior IT professional, making in the neighborhood of $100k, an 8.2% raise would equate to $8,200 per year.

That's pretty good. But factor in the cost of acquiring an MBA and the picture changes a little. Acquiring an MBA can cost anywhere between $60-130k for a two year program. This equates to a break-even period of between seven and 16 years in which to recoup your investment, assuming everything else remains constant.

But that's the rub - nothing has to stay constant. Don't get me wrong, my whole family has a tradition of graduate level education, but the Computer World article seems to suggest that an 8.2% increase is a substatial reason to get an MBA.

However, my experience has been that moving between jobs every few years can manifest salary increases of 20% or more, each move, if you play your cards right. Moving jobs, or being a consultant, also has the added benefit of greatly broadening your skills. (Obviously, the downside is you would have to move jobs every couple of years, or you might have to travel constantly. But for some, especially the younger generation, moving around is increasingly becoming the norm - and almost expected.)

Within a seven to 16 year period, one could move up the salary ladder many times, in many different ways, other than via an MBA. (Bloomberg says forget the MBA and become a geologist.)

So this begs the question: Why get an MBA in IT?

I imagine those who get one in IT did so to move up into management. However, for some of us, the reason we like IT is because we like being hands on with the technology. My father, a 30 year veteran DBA, turned down management positions for that reason.

If you have an MBA, has it helped you in your IT career? If so, how did you use it? Did you get it for the purpose of moving into a management position?

Ted Pin


The Voice of the DBA Podcasts

Everyday Jones

The podcast feeds are now available at sqlservercentral.mevio.com to get better bandwidth and maybe a little more exposure :). Comments are definitely appreciated and wanted, and you can get feeds from there.

Overall RSS Feed: or now on iTunes!

Today's podcast features music by Everyday Jones. No relation, but I stumbled on to them and really like the music. Support this great duo at www.everydayjones.com.

I really appreciate and value feedback on the podcasts. Let us know what you like, don't like, or even send in ideas for the show. If you'd like to comment, post something here. The boss will be sure to read it.

Total article views: 605 | Views in the last 30 days: 1
 
Related Articles
BLOG

Podcasting

A new video setup is on the way!!!! Actually I'll do a couple podcasts on podcasting over the hol...

ARTICLE

Podcast Announcements

Podcast Feeds

BLOG

Podcasting

I'm working on getting a small studio set up for some podcasting of the editorials. That means I put...

FORUM

Podcast Problem

Podcast Problem Blocked by group policy

BLOG

Podcast Upgrades

A minor change for the podcasts next week. I got my wireless microphone, and I'm working with it a b...

Tags
editorial    
 
Contribute

Join the most active online SQL Server Community

SQL knowledge, delivered daily, free:

Email address:  

You make SSC a better place

As a member of SQLServerCentral, you get free access to loads of fresh content: thousands of articles and SQL scripts, a library of free eBooks, a weekly database news roundup, a great Q & A platform… And it’s our huge, buzzing community of SQL Server Professionals that makes it such a success.

Join us!

Steve Jones
Editor, SQLServerCentral.com

Already a member? Jump in:

Email address:   Password:   Remember me: Forgotten your password?
Steve Jones