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You are considering the economic value of a 2-year full-time MBA. Assuming that you can and do enroll in a business school immediately, with expenses

You are considering the economic value of a 2-year full-time MBA. Assuming that you can and do enroll in a business school immediately, with expenses at 18,000 per year, and foregone income of 10,000 per year, your expected annual income for the following 18 years will be increased by 12,500. (a) Should you undertake the MBA? Explain fully. (b) What are some of the major complicating factors ignored in the information presented?

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