<p>Hello all,
I was just looking for some thoughts from the folks here. With the current prices that come with graduate school would it make any sense at all for someone to get another bachelor's degree instead of going the grad school route?</p>
<p>Lets talk business in particular. Say someone has an engineering, computer scie or liberal arts degree, works for a few years and then decides they want some business training as they want to get into management. The person looks at the astronmical prices that come with an MBA so they begin looking at another undergrad degree- Business Admin (general business).</p>
<p>Why would this be a bad decision? I guess the main question can come down to your thoughts on a BS in Business Administration = an MBA.... or not? </p>
<p>Now I'm not fullish enough to think an BS degree equals an MBA but would a general business degree (BS) help at all?</p>
<p>Good question. Understand first that undergraduate and graduate business educations differ and serve different purposes. An undergrad degree provides skills and foundation for any number of entry-level positions in business; a graduate degree is geared to applicants seeking to advance into senior or management positions, and is premised on the assumption that the applicant has sufficient professional work experience on which to build.</p>
<p>A second undergrad degree in business is a good idea with respect to attaining a more focused business education, but you will neeed to consider the opportunity costs of returning to school full-time. If choosing to return part-time, there is the trade-off in that you will be able to work while studying, but will require more time to coomplete your degree - presumably the purpose of which is to enable you to change careers or have greater career options.</p>
<p>In short, an undergrad business degree cannot hurt (I’ve considered the option myself), but you need to consider the tradeoff betwen the time commitment involved and income foregone. A full-time MBA (if you are ready) can be done in the shortest amount of time and with the least foregone income, but at the highest initial cost. If considering the undergrad degree, look into how many credits from your previous degree can be transferred and how much the time commitment involved can be shortened.</p>