Reasons for doing an MBA

Apart from Travel, Learning, better career prospects, meeting new and interesting people what is the point of an MBA?

Seriously - here are some good answers to that question. One of the better answers:

I think its worth doing MBA. Summarizing, it would give you self confidence,
give you better sense to work with your subordinate and superiors. It would give
you skill to talk and talk sense. It would give you a good understanding of the
business and great leadership factors to cultivate within yourself

Another article that is more specific to the IT industry in the USA summarises research that shows candidates with a masters degree have higher salaries and are more likely to go the distance.

The trouble with a question like this is there can never be an absolutely correct answer and one can never live the alternative route having committed to the other. So it becomes an exercise in perceived opportunity cost with lists of pros and cons for a particular course of action. Speaking from my own experience of difficult choices in the past there are often consequences of pursuing a particular course that did not even occur to me at the time; it is the unknown unkowns that can make decisons the most rewarding. But as a rational person decisions have to be based on the best available knowledge at the given time. For me that means a green light.