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With how competitive the business landscape is these days - and with the fact that there are fewer jobs out there than there used to be - many people are finding that it is practically necessary to have a degree in order to find a job, but a lot of people are also discovering that they not only need a degree, but they need an advanced degree in order to land the job they want; while an advanced degree can certainly come in handy, however, it will also cost another couple years and several thousand more dollars - and because of this, it will be important that you understand whether an advanced degree is the right choice for you. One thing you should realize is that much of your training for any job will come on the job itself, which means that much of what you learn in college - both in graduate and undergraduate studies - will go out of the window as soon as you get hired; for the most part, your formal studies will give you a foundation of knowledge and information that will help you in your career, and they will give you that all-important degree, but what they will rarely give you is the tools you will need for the job itself. If you hope to work as a manager at a large corporation some day, there is a good chance that the time and money you spend earning an advanced degree will be well worth it, as you will greatly increase your chances of getting one such job. On the other hand, however, a lot of people continue on in their schooling beyond their undergraduate studies, in spite of the fact that their desire is to one day start a successful business of their own; if you have thought that you want to start your own business after school, you should realize that going further into debt (and spending more time) to earn that graduate degree will probably not help you much at all! The question of whether or not you need an advanced degree in business cannot be answered with a simple "yes" or "no," as the answer is different for each person; once you figure out what you hope to do after college, you will be better equipped to determine whether you need an advanced degree - and then, you can begin chasing these goals you have!