Should You Get Your MBA? 5 Things to Consider

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.

pensive businessman

Considering a career in business? (Photo by SalFalko via Flickr)

  1. Salary

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

  1. 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.

  1. Networking

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.

  1. 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.

  1. 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.


5 Careers You Can Have with a Business Degree (Guest Post)

Earning your bachelor’s degree in business could help you jumpstart your career after graduation. Working within a business industry may be an exciting way to put your degree to good use. Here are five potential careers you might have with a college degree in business.

Considering a career in business?  (Photo by SalFalko via Flickr)

Considering a career in business? (Photo by SalFalko via Flickr)

Retail manager. So you are considered a fashionista and have a hard time not making a purchase when the shoes sales are calling. If you would like to oversee sales teams and don’t mind working nights or weekends in a retail setting, then a career as a retail manager might be a great career for you. Retail managers might travel frequently, set goals for their team members, try to increase sales, and create training programs. They typically earn around $98,530 a year and the job outlook is supposed to be as fast as average for all careers.

Advertising manager. Advertising managers try to drum up interest in different products, brands, or services. They might negotiate contracts, conduct research in order to plan ad campaigns, and meet with clients to provide advertising advice. At times, they might have to come up with budgets for particular advertising campaigns. They make around $108,260 per year and usually have a minimum of a bachelor’s, in addition to some work experience in the field.

Construction manager. Have you always liked to swing a hammer and been excited about the building process? In the construction field, managers usually earn $83,860 per year and have varied job functions such as coming up with cost estimates for jobs, figuring out about how long each job should take until completion, and even hiring subcontractors and laborers. Construction managers might be called project managers or general contractors because they typically oversee various building projects such as commercial or residential jobs. The job outlook is expected to grow around 17% and is as fast as usual for all careers.

Hospitality manager. You’ve been known to make others feel at home when they visit and you have perfected the role of “hostess with the mostess.” How about a career as a hospitality manager? Hospitality mangers try to make sure that their guests feel comfortable and enjoy their stay. An average salary per year for these managers is $46,880 and most large-scale hotels prefer their hospitality managers to have at least a bachelor’s degree. If greeting guests and answering any questions they may have sounds like a dream to you, then you should look into becoming a hospitality manager.

Management Analyst. Do others tell you that you are organized and efficient? Are you detail-oriented as well? Then a career as a management analyst might be a good fit for you. Management analysts try to come up with ways that a company might run more efficiently. They could look at financial information, create solutions to problems, and make recommendations for improvements. The annual pay is around $78,160 per year and you should have at least a bachelor’s degree for entry-level positions.

Entering into a business related career may be an exciting move for you after college graduation. Sometimes all you need to do to get started is to begin researching potential careers. Read detailed job descriptions, find out what cities offer career opportunities in your area of interest, and speak with a career counselor on your college campus for more information about business jobs that intrigue you.

Pamela Rossow is a freelance writer who works with higher education clients such as eLearners. She is a native South Floridian who enjoys photography, literature, and hockey. You can follow her on Google+.

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