About PMBA

First things first, a Personal MBA is not a real degree.  You can’t put it on your transcript and expect to be hired by a company looking for an MBA.  So what is it?

A little while back some people got together and were thinking about degrees.  They said “isn’t getting your degree really about reading some books, and writing some papers? So why not skip the paying some company/school tens of thousands of dollars, read the books and get the knowledge that way?” So that is what they did. They assembled a list of what they thought were the best business books around, and said that in their opinion, if you read these books, you would have an MBA degree.

You can only get out of an education what you put into it.

As an college educator, I’ve seen many people throw their money away because they didn’t truely try.  On the other hand, I learned alot from my on-line degree a few years back because I tried, hard, to get the most out of it that I could.

So lets look at some of the pros and cons of an Personal MBA.

Pros:

• Self Paced – this is a pro if your faster than the average person, or have a busy and varying schedule.
• Learned Content – the list of books covers all the major areas, and adds a few extra which you might not get in a business school
• More Affordable – if you bought all of the books new, they would cost about $1500.  Compare this to $30,000/year for 2 years at a business school

Cons:

• No “real” degree – for those who want a piece of sheep skin to hang on their wall, you’ll be missing out.
• Can’t use it to get a job – no resume padding allowed…