BUS650_W2_A2.docx - Running Head RETURN ON INVESTMENT EDUCATION FUNDING Return on Investment Education Funding Name Managerial Finance BUS 650

BUS650_W2_A2.docx - Running Head RETURN ON INVESTMENT...

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Running Head: RETURN ON INVESTMENT – EDUCATION FUNDINGReturn on Investment – Education FundingNameManagerial Finance - BUS 650Instructor: Stanley Atkinson Date1
RETURN ON INVESTMENTReturn on Investment – Education FundingPrior to investing in a particular project or making a financial decision, it is imperative for an investor to consider several factors and use the right tools for evaluation. First, they need ensure that the particular decision would indeed benefit them, and is therefore worth it. To do so, they need to conduct research and utilize evaluation methods to ensure that the investment is indeed statistically beneficial and expected to be profitable. They also need to consider the opportunity costs they would be foregoing. This paper will analyze the projected return on investment for my MBA degree and projected future employment.I plan to utilize financial formulas such as the Payback method, Net Present Value (NPV), and Internal Rate of Return (IRR), to uncover my return on investment.Decision to Pursue MBAI am currently a Private Client Banker with JP Morgan Chase Bank. I have been working within the same financial industry, within the same company, for about 12 years, ever since I wasa 16-year-old high school student in 2004. I started as a 20-hour intern teller for two years, loved it, and decided to pursue a career in banking, so I stayed as a regular teller for another two years. By that time, I was a full-time college student at Florida International University. In 2009, I got offered a banker position which required me to work full-time, which I was able to do by taking all my courses online. In 2012, I graduated with a Bachelor’s degree in Business Administration. Life happened and it took me three years, but what’s important is that now, I’d love to finish what I started, and attain my MBA. There are a multitude of reasons why I want to do this more than ever. First, it would help me master my skills and give me increased knowledge, which would then boost my understanding and confidence in my field, which would then increase my productivity and sales, which would also increase my compensation, which would then naturally 2
RETURN ON INVESTMENTincrease my happiness and satisfaction. Mihail & Elefertie (2006) stated that an MBA program had a significant positive effect on graduates' managerial competencies in areas of information analysis, quantitative analysis, and implementation of projects. Furthermore, it does seem that having completed this qualification led to the majority of the participants being rewarded with promotions and significantly higher salaries (Gander, 2015, p 143). In addition, I recently got married and plan to have a family in the near future. It’s what I consider one of the most important parts of life and I plan to do my best as a husband and father. This is what got me to

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