A newspaper article claims that more students are choosing 1-year M.B.A.programs instead of 2-year programs because the 2-year programs no longer guarantee a well-paid job.If the length of your M.B.A.program doesn't matter to employers, and you take a job right after completing your M.B.A., the present value of your lifetime earnings is the same whether you take a 1-year or 2-year program.

Question

Quizplus · Accepted Answer

The present value of lifetime earnings could differ between 1-year and 2-year M.B.A. programs because starting your career one year earlier with a 1-year program can lead to an additional year of earnings, potentially affecting the present value calculation. Additionally, the cost of an extra year of education and the opportunity cost of not working during that time can also impact the overall financial outcome.

A Newspaper Article Claims That More Students Are Choosing 1-Year