Brief summary of the case Ben Bates‚ 28 years old‚ graduated from college six years ago with a finance undergraduate degree. He is now working at the financial management company of Dewey and Louis. He expects to work for 38 years later. His goal is to become an investment banker. And he feels that an MBA degree would allow him to achieve this goal. After examining schools‚ he has narrowed his choice to either Wilton University or Mount Perry College. - The Ritter College of Business is under Wilton
Premium Quantitative research Research Psychology
BEN BATES MBA | Working | Wilton | Mount Perry | Annual Salary | 55‚000 | 98‚000 | 81‚000 | Expected increase | 3% | 4% | 3.50% | Work (years) | 38 | 36 | 37 | Tax rates | 26% | 31% | 29% | Annual tuition | | $63‚000 | $80‚000 | Books and other supplies (annual) | | $2‚500 | 3‚500 | Programs (year) | | 2 | 1 | Signing bonus | | 15‚000 | 10‚000 | Health insurance (annual) | | $3‚000 | 3‚000 | Room and board (annual) | | $20‚000 | $20‚000 | 1. How does Ben’s age
Premium Time value of money Present value Time
implications. Depending on if Ben has a family on his own‚ going back to get an MBA would not be the most logical decision. Especially with a missing salary and moving with his famil to a new location Other factors include his current job satisfaction and his motivational desires in term of getting an MBA and starting a new career 3. Assuming all salaries are paid at the end of each year‚ what is the best option for Ben from a strictly financial standpoint? 4. Ben believes that the appropriate
Premium Discounted cash flow Time value of money Costs
has 40 years in his career to go. 2. What other‚ perhaps non-quantifiable factors‚ affect Ben’s decision to get an MBA? If Ben works hard on his MBA‚ he will get great grades and possibly a high GPA which can have better opportunities and promotions. 3. Assuming all salaries are paid at the end of each year‚ what is the best option for Ben‚ from a strictly financial standpoint? Wilton Mount. The program is a year longer‚ but he will earn a higher salary‚ with a higher increase each year. Tax
Premium Money Debt Payment
A four year college degree is important because of the environment we live in. Having a college degree in my perspective means success and prestige in terms of getting a job because of the competitive nature of our society. A college degree is like a certificate that one must obtain to be eligible for a certain job position. For example‚ if someone wants to work in a restaurant‚ they would want to have on-the-job experience or a food handler’s certificate to give them an edge above other applicants
Premium High school College Education
“It Was a Year Ago” By: Grace Caguimbaga and Aatika Qurban Name: Aatika Qurban Date: Monday‚ February 4‚ 2013 Professor: Kevin Davies Turning Point English Mohawk College of Applied Arts and Technology A slight breeze blew as Doug stood staring down at Joey. “Hello‚ Joey‚” said Doug. Silence surrounding the two of them. “Joey‚ I’m sorry. I didn’t mean it. I didn’t. And‚ Joey-Merry Christmas.” Doug placed a rose on Joey’s tombstone and walked away. “Can you ever forgive me‚” he asked
Premium Marriage American television actors Love
College degree my biggest goal Like almost everyone already asked this question when they have finished high school. Where will I be in about 10‚ 20 or even more 40 years? . I do not think anyone would like to be a waiter or taxi driver the rest of life; hence‚ going to college is a good way to know what you will be. It will help you to develop your abilities‚ your skills‚ accomplish your goals. People with a higher education can make a difference in the world. My reason for going to college
Premium Higher education College Associate's degree
Chinaoui 1 Hanaa Chinaoui Mr. Mccreary English 1302 October 28‚ 2014 College Degree The quest for college degree has brought us to here HCC‚ because there was no real fulfillment in our various jobs. The benefits from having a college education are manifold and range from jobs satisfaction‚ higher earning potential‚ and healthier life style choices. With the advances in technology‚ many of today’s jobs now require more than a high school education or trade skills. Success in the workforce
Premium Higher education Academic degree High school
Do you think it is necessary a university degree in order to become successful in life? It is not possible to predict the future and know if it is possible to become successful in life. Most people try to follow the way that society has established. Studying‚ getting a university degree‚ or even graduate degrees are the common ways that people use to reach their goals. However‚ those long years of study not always mean that this person is going to be successful. In fact‚ a low percentage of businessmen
Premium Academic degree Doctorate Master's degree
Importance of a College Degree Having a college degree is important to me because one‚ I’ve seen my mother struggle every day to pay bills and she doesn’t have a good educational background‚ two I wanna be able to get a good job‚ so that my daughter can have everything she needs and wants growing up and third I wanna be able to say I worked for what I have in store for me in the future. My mother works two jobs‚ we’ve always lived check to check since I can remember. She had my oldest brother
Premium High school Family Education