Return on Investment – Education Funding Develop a three- to five-page analysis (excluding the...

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Return on Investment – Education Funding

Develop a three- to five-page analysis (excluding the title and reference pages) on the projected return on investment for your college education and projected future employment. This analysis will consist of two parts.

Part 1: Describe how and why you made the decision to pursue an MBA. In the description, include calculations of expenses and opportunity costs related to that decision.

Part 2: Analyze your desired occupation. Determine how much compensation (return) you expect to earn and how long will it take to pay back the return on this investment. Use the financial formulas, Net Present Value (NPV), Internal Rate of Return (IRR), and Payback, provided in Chapter 6 of your text.

If you do not have any educational costs due to employee reimbursements or scholarships, you should estimate the cost of your education for your calculations.

The analysis should be comprehensive and reference specific examples from a minimum of two scholarly sources, in addition to your text. The paper must be formatted according to APA.

bus650chapter06-fm-sd4kx55j.pdf

Soumi · Accepted Answer

Running Head: CAPITAL BUDGETING
CAPITAL BUDGETING		6
CAPITAL BUDGETING
Introduction
In the modern world, education plays an integral role in the life of an individual. There should be a linear relationship among the interest of an individual and the career chosen. According to Doss et al. (2015), after becoming a graduate, individuals tend to pursue higher education, join a job or start their own business. This assignment deals with my experience of joining the MBA course after completing my graduation.
In the past few years, the demand for MBA graduates has increased rapidly. However, the expenses of pursuing an MBA course have also increased in a similar fashion. After completing my graduation course, I had variety of options such as joining a job, pursuing a Certified Public Accountant (CPA), Certified Financial Analyst (AFA), Financial Risk Management (FRM) or any other investment-banking course. 
Part 1
According to Abor (2017), opportunity cost is the cost of the next best available alternative. Before pursuing my MBA, the best option I had was to join a job. At that point, of time, I would have got the job of an accountant, which could have helped me earn $2500 monthly. On the other hand, an MBA graduate has an average income of around $9000 monthly. 
An MBA course helps an individual in improving his overall personality along with skill set. I am pursuing my MBA in Marketing and finance, which has helped me gaining knowledge about both marketing and finance. On the other hand, if I would have joined job after graduation, I would not have been exposed to the marketing skills. In the current times, I feel that doing an MBA was a better decision at that point of time. 
I could have started earning at an early stage but the career growth would have been slow. However, pursuing an MBA requires an additional cost, which is high. Therefore, the investment is required to be made after considering all the available option.

Return on Investment – Education Funding Develop a three- to five-page analysis (excluding the title and reference pages) on the projected return on investment for your college education and projected...

Return on Investment – Education Funding

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