ROI on Your MBA: Why Going Back to School Is Worth It

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Continuing your education is an investment in your future. As with any investment, it’s important to examine the potential return. Is it really worth it to take two years off work to pursue your MBA? What is the potential ROI on an MBA?

“The ROI story isn’t meant to be based just on salary, but also on access to career change, inspiring opportunities, great companies, your career transition, etc.,” says Peggy Conway, Director of Neeley School of Business Graduate Admissions. “Neeley School of Business ranks high on ROI in rankings, which is usually a function of pre- and post-MBA salary figures. Yes, MBA can mean salary increases, but the long-term career impact may be even more valuable.”

Ethan Silvers, Neeley School MBA candidate 2015, was a project manager in the nonprofit sector when he says he hit a ceiling on career advancement. The opportunity to earn a higher salary and take on more responsibility is what motivated him to pursue his MBA. When he graduates in May, Silvers will enter the corporate world as a consultant focusing on supply chain and procurement.

Not only has going back to school set Silvers up for a career transition, he has also undergone personal development and learned to thrive in a high-stress environment. “There has been a plethora of ways I’ve been able to develop my skills," says Silvers. “It's unlikely I would have the opportunity to secure a job in international consulting without a post-grad education.”

Silvers will be working at A.T. Kearney, a management-consulting firm, in a position that pays three times what he was earning in nonprofit. “It’s because of TCU,” Silvers says. “There’s no way that would have happened without the MBA." 

The decision to go back to school for his MBA has opened up opportunities Silvers never expected. “My ROI [on my MBA from TCU] is nearly infinite,” Silvers says. “TCU spends so much on its students and invests so much in them. Everything from scholarships to career fairs to just everything. It’s an above-and-beyond investment."

For MBA candidate, Marie Anderson, pursuing her MBA was less about making a career transition, and more about furthering her education in the mortgage industry to set her up for advancement. “I decided to go back to school because I wanted to improve my financial acumen,” says Anderson. “Prior to pursuing my MBA, I didn’t have a solid finance education. In order to advance my career, I wanted to understand corporate finance and its overall impact on companies in an effort to understand how to make better business decisions.”

Anderson says earning her MBA allowed her to remove the limits she’d previously placed on her own thinking in regards to her career. Post graduation, she will take a job with Bank of America in Charlotte, N.C., as part of its Management Associate Program in the Global Corporate Services Group.

“Since pursuing my MBA at TCU, I honestly feel like the opportunities are limitless,” Anderson says. “I had the opportunity to go on the annual Warren Buffet trip as well as meet other community leaders. I interned with AT&T as a part of its Leadership Development Internship Program in Atlanta. I've also competed in case competitions. Most recently, I traveled to South Africa for an international study abroad trip. We met many South African business leaders, including Rapelang Rabana, a South African entrepreneur featured on Forbes Africa 30 under 30 list in 2013.”

For Silvers, the chance to further his education while also broadening his professional prospects has provided an invaluable opportunity. "This is the best decision I've ever made in my life," he says. 

Interested in getting a TCU MBA? Request more info about the Neeley School of Business graduate program or apply now.
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