Top Five Reasons to Get an MBA
- Versatility: A Masters in Business Administration is one of the most versatile degrees out there. It can help you get ahead in almost any industry. Every company, even doctor’s offices or restaurants, are businesses and therefore can benefit from an employee who has an MBA. Also most MBA programs allow you to specialize in subjects like finance, accounting, and marketing. Other emphasis areas include entrepreneurship, international business, and economics. If you are interested in technology or the internet, you can specialize in information systems or e-business. Want to manage clinics or hospitals? Then a specialization in health care management is for you. You can even join the green trend and get an MBA that focuses on sustainability issues and bringing eco-friendly practices to businesses.
- Flexibility: MBAs have among the most varied degree programs available. You can choose from accelerated programs without electives that will take you one year to finish, or a two year program or a three. Many schools offer weekend executive MBA programs for people who are working full time. And probably the most convenient – online MBA programs allow you to get your degree online. Some schools require that you go to class a couple of times a semester, but there are plenty of other schools whose programs are completely online. These programs cater to the busy individual allowing you to work on your degree on your own schedule.
- Make More Money: There have been many studies done that show that people with higher education make more money. The U.S. Census Bureau published a report in April of 2009 that showed that people with Master’s degrees make an average of $80,977, compared to $57,181 for those with a Bachelor’s and $31,286 for those with just a high school diploma. As for specific salary statistics for MBA graduates, the Graduate Management Admissions Council released a report in 2006 that stated that starting annual salaries for MBA graduates averaged above $80,000, which is $10,000 more per year than other Master’s degree graduates.
- Get That Promotion: Are you ready to take your career to the next level? An MBA is a favorite requirement for upper management positions. This degree is perfect for giving you the training that you need to be a great manager who can consider the big picture. And with all the specialization areas, you can focus on your particular industry, be it health care or IT. Also the convenience of weekend and online MBA programs allow you to keep your job and go to school. Tip: Don’t forget to ask your company if they offer tuition assistance. Many companies will pay for at least some of your school costs as long as it is related to your job.
- Confidence: And last but certainly not least, an MBA or any degree does wonders to boost your confidence level. This alone can give you the inner strength to land that dream job, ask for that raise, or finally get that promotion. Plus education is a great way to beat the burn-out blues or treat that office boredom.
Comments
12 comments
August 31, 2009
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August 31, 2009
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October 5, 2009
Opting to delay your entry into the workforce and enhancing your skills by pursuing a master’s is a sure-fire investment into your future …
October 5, 2009
Thanks, Helen. That is certainly true!
November 9, 2009
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June 16, 2010
flexibility sounds nice thank for the post!
July 14, 2010
I recently finished my bachelors degree at an on campus school. It was very difficult to work all day and go to school at night with children at home. I am thinking about getting my MBA and was wondering if it is any easier online?
July 17, 2010
I already have my bachelors degree and a great job. But I agree that a masters degree will not only insure my employment, buy get me a raise. I am wondering if it is reasonable of me to think I can juggle a job, kids and an online education.
August 4, 2010
Getting a masters degree seems like such a dificult task. I recently completed my bachelors degree and have a really good job. Will getting a masters make that much of a difference?
December 11, 2010
With so many options to get it and with it giving you so many options once you have it, it doesn’t make sense not to go for one! I didn’t realize there were so many options though for getting your MBA, thanks for letting us all know the scoop.
January 12, 2011
Hey Adrian, online classes are definitely the best way to go if you have a busy schedule! The classes will not necessarily be easier, but definitely more befitting to a hectic lifestyle.
February 21, 2011
Hey Maybelle. Achieving a master’s degree can be a difficult task, but well worth. Not only will you be a “master” of your craft, but according to the Bureau of Labor Statistics you’ll also earn about $200 more per week and have a lower chance of becoming unemployed (source: http://bit.ly/5jjrlz).