By Jim Raychrudhury
If you speak with a lot of business professionals, many of them will tell you the same thing: they have their MBA. “MBA” stands for Master of Business Administration and it’s a valuable degree to pursue if you’re in the professional world. Not only does an MBA make your resume stand out, but it also shows how determined you are to succeed.
The MBA will prepare you to take a leadership role in a business setting. (Click here to find out even more about getting the most from your MBA.) Here are just five reasons why you should seriously consider getting an MBA.
Your MBA will give you important insight into your career, which means that you’re more valuable to employers. According to Masters Portal, the Association of MBAs has found that graduates who showcase their MBA on their resume earn upwards of 80,000 GBP, or over $100,000, per year. Overall, people with an MBA tend to earn more than people who hold only undergraduate degrees, according to the Kazian School of Management
- Career Opportunities
Employers love to hire graduates who have an MBA. This automatically increases the job opportunities that are waiting for you once you’re finished with school. If you have high-reaching business goals, an MBA will help you get there. In addition to landing a great job fresh out of school, you’ll also have more promotion opportunities. Employers feel that their employees who have MBAs are extremely valuable to the company. Masters Portal states that employers like hiring recent MBA graduates because they have new, up-to-date business acumen. Additionally, having employees who hold MBAs raises the prestige of a company. When it’s time to fill a higher position, they’ll look within the company – this is when your MBA will shine.
Throughout your MBA program, there will be numerous opportunities to network and make connections. You should take as many of those opportunities as possible. You’ll be able to interact with other students and business professionals both online and in person. Plus, once you graduate, you’ll be able to stay connected to the alumni network for years to come. Never underestimate the importance of new contacts. Even if you don’t feel they’d benefit you today, you never know when a contact will be able to help you in the future.
- Skills and Knowledge
While an MBA will help you land a job with a high salary, there are even more perks to pursing this type of education. You’ll gain a host of new, transferable skills to take with you after you graduate. As stated in this Forbes article, MBA students learn about public speaking and presenting in front of groups; how to manage teams of people; and about the global economy. Not only will those skills help you out in your career, but they’ll even be beneficial to you in your daily life. Everything that you learn about critical thinking, effective communication and leadership can be used in both business and life.
- New Perspective
When you spend time getting your MBA instead of working in the field, you may feel that you’re not getting important first-hand experience. However, reflecting on business issues in an educational setting will give you a unique perspective on the business industry. Not only will you have the time and guidance to think through major business issues with your professors, but you’ll also learn from experienced executives who speak at your school. You’ll be able to bounce ideas off of other people who have the same interests as you. When your two years of school is over, you’ll have so much more knowledge and insight to take back with you to the office.
Once you dive head first into the business world, you’ll learn numerous valuable lessons. However, many of those lessons can be learned ahead of time in business school. An MBA will make you the most prepared you can be to head into the professional world, either for the first time or in an effort to advance your career. Also keep in mind that if you’re not in a position to completely forgo your full-time job, there are ways to fit in an MBA education while continuing to work.
About the author: Jim Raychrudhury is a freelance writer and passionate blogger who likes writing articles that cover career, education and business related topics. He has written numerous articles and contributed to several other blogs. When he is not writing, he enjoys spending time outdoors with his family.