September 20, 2018
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Earning a Master's in Business Administration (MBA) was once an essential part of building a career in business.
But has the degree lost its relevance?
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"After all," bestselling management author and CNBC contributor Suzy Welch tells CNBC Make It, "if college dropouts can become billionaires and CEOs, then who needs an MBA, right?"
But before you reject the idea entirely, Welch says to consider the specific situations in which going back to school is actually a smart decision. In the video above, she shares the only four reasons she believes anyone should earn an MBA degree today.
"Earning an MBA can be expensive and time-consuming, and it is true that they aren't as necessary as they once were," she says. "But if any of these four reasons sound familiar to you, don't count an MBA out. It might be just the thing you need to get where you want to go."
About CNBC Make It.: CNBC Make It. is a new section of CNBC dedicated to making you smarter about managing your business, career, and money.
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Suzy Welch: 4 Reasons To Get An MBA Right Now | CNBC Make It.
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