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August 28, 2006

CHICAGO TRIBUNE COLUMNIST QUOTES DOUG BRAITHWAITE ON B-SCHOOL RETURN ON INVESTMENT

AdmissionsConsultants Senior Consultant and former Harvard Business School Director of Admissions Doug Braithwaite was quoted in a recent article on MBA planning by the Chicago Tribune's Carolyn Bigda.

Doug was asked what prospective applicants should consider when calculating the return on investment they can expect from an MBA program. He responded, "It's a very personal decision," noting that different individuals have different concerns:

Generally, if you want to enhance your skills but stay within the same career, you're better off in a part-time program, Braithwaite said.

But if you're switching careers – say you've been an engineer or working on Capitol Hill in Washington – you'll get more from a full-time program, which tends to offer more comprehensive career services....

[A]n MBA is a long-term investment, and its value very likely won't take the form of instant wealth.

Rather, Braithwaite said, "You may not always get richer or famous with an MBA. But you may enjoy the job you're doing a lot better."

To read more, see "Examine Costs, Benefits of an MBA," by Carolyn Bigda, in the Business Section of the August 27, 2006 Chicago Tribune.

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