Obviously, many students do have a loss of earning during the MBA process: the point is that a better MBA will increase your long-term market value. If you think the MBA is only a label for employers then perhaps any Western university will suit you. However, a better MBA will increase your capacity as a manager more than a workplace MBA. And the additional lifetime value of a better MBA is much greater than the greater cost.
PS specifically, an employer that thinks that a HWU MBA is better than one from RGU is simply misinformed about the MBA. If they look a considered look at the course they would see, for example, that some of the "faculty members" have been dead for several years at HWU. Literally the education is reading course packs they have written before they died. Contrast that with the more modern course design at RGU, and the wider range of academic resources available, and the difference in quality is obvious. As far as I can see, a large part of the success of HWU in export markets is people assuming that it's "Edinburgh Business School" is part of the University of Edinburgh. UoE was dumb to partly deepen this confusion by renaming its school of management as a school of business.
[Edited by Duncan on Feb 02, 2019]
Obviously, many students do have a loss of earning during the MBA process: the point is that a better MBA will increase your long-term market value. If you think the MBA is only a label for employers then perhaps any Western university will suit you. However, a better MBA will increase your capacity as a manager more than a workplace MBA. And the additional lifetime value of a better MBA is much greater than the greater cost.
PS specifically, an employer that thinks that a HWU MBA is better than one from RGU is simply misinformed about the MBA. If they look a considered look at the course they would see, for example, that some of the "faculty members" have been dead for several years at HWU. Literally the education is reading course packs they have written before they died. Contrast that with the more modern course design at RGU, and the wider range of academic resources available, and the difference in quality is obvious. As far as I can see, a large part of the success of HWU in export markets is people assuming that it's "Edinburgh Business School" is part of the University of Edinburgh. UoE was dumb to partly deepen this confusion by renaming its school of management as a school of business.