November 8, 2009

What's an M.B.A. Worth in Terms of Happiness?

By Robert A. Prentice

Any sensible person would rather be happy than rich, although many people often confuse the two—business students among them. Those who choose to attend business school on the assumption that an M.B.A. will help them change jobs, make more money, and therefore be happier are very likely misinformed.

Everyone needs enough money to satisfy basic needs, but those are easily met in the salary range that most people occupy before they earn M.B.A. degrees. Studies show that once basic

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