Not for you coz you already dont know why you are even into the Masters.

Am in the thick of it too, but foreign-based. What I can tell you is that: to focus exclusively on a single topic for God knows how many years, you need extreme self-discipline and focus. Make sure you're doing it for the right reasons and not just the title. If you simply want to earn more, you're probably better off with an MBA. But this is not meant to discourage you...

In my opinion it depends on your field, career objectives and the price you have to pay for it. For a career in academia it is almost compulsory now to have a PhD while in business a bachelors, MBA or other professional qualification will do fine. As someone also said earlier you need to be extremely motivated since you will specialize on a single topic (area) for so long. On the other hand it may be the best decision you ever make since the working hours are flexible and most of the time plan your work with considerable independence. Finally you will meet some very sharp people along the way and get new perspectives to life. Good luck

A PhD can [and I insist CAN] make you very insightful and very diligent as well. It CAN also make you see things in refreshingly new angles.

If this is what you seek to become; then go for it.

If, however, you are looking for additional knowledge in you field of specialisation, a PhD will be a very disappointing experience. This is because it teaches you very little extra above a master's degree.

It is said that the higher you go in education, you learn more and more about less and less. By the time you complete the PhD, you might know everything there is to know about nothing!

As long as it is not PHD in organizational development, business administration, operation management, sociology, go for it.

I am surprise Mpenzi has an opinion!