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I think the need for an MBA really depends on the company. I work for a company where very few people have there MBAs. I think maybe 1 out of our 10 exec officers has it. Consequently, I'm not really concerned about it limiting me as I move up the management ladder. My company is more focused on employees becoming educated in our industry (assuming we already have a bachelor's). I'm also well aware of where my peers are at in terms of educational level.
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