Interesting post, thanks. I'm actually lined up to do the GMAT test to enter an MBA in a couple of months so it is food for thought. I think it will be worth it in my field and since my employer will pay for most of it I figure I'd be nuts not to, but it is important to bounce around the costs versus the benefits. I continue to mentor a recent graduate from my previous employer and he came to me asking whether he should do extra study and I told him to wait three or four years, as I believe that it is more important to focus on getting runs on the board at work when you first start rather than getting extra qualifications. Coming back to postgrad study a bit later also allows you to get more out of it as you can apply it to work experience that you don't have as a recent graduate.