An MBA is a very highly recognized and respected qualification, with MBA graduates in high demand for a range of high earning potential, high responsibility career positions all around the world. However, there’s no denying that studying for an MBA takes a lot of hard work. So, if you’re considering taking this route down your career path, here are some good reasons why all that effort is going to be worth it.
Gain New Skills and Perspectives:
For most people, the main motive for taking on any new educational program is the drive to learn something new and gain new skills, and an MBA is one of the best ways to do this if you are hoping for a lucrative business career in the future. While the program tends to be aimed at working professionals or entrepreneurs who already have business experience, don’t be mistaken – there will still be a significant amount to learn. An MBA program will teach you about the entire field of business, exploring aspects like marketing, operations, management, human resources and much more, while teaching you the best practice in each of these areas.
Advance Your Business Career:
Whether you’re looking to climb the career ladder with your current employer, switch to working for a different company, or start your own business in the future, there’s no denying that an MBA qualification on your resume will give you the edge that you need to stand apart from the competition. Statistics show that over 90% of employers agree that hiring MBA graduates creates additional value for their company, and over 60% report that recruiting MBA graduates is a priority when it comes to hiring. Earning an MBA will gain you respect and show your drive to advance the career ladder, which can help you to secure interviews for better positions.
Increase Your Earning Potential:
If your main goal for your career is to earn as much money as possible, then gaining an MBA is a great way to reach these objectives. Starting salaries for MBA graduates are on the up around the world, and coupled with high demand, it’s a great way to propel yourself into a lucrative business career with a higher earning potential than most once you graduate.
Improve Your Global Employment Opportunities:
If your dream career involves working abroad or regularly traveling for business, then studying for an MBA is one of the best ways to improve your global employment opportunities. Since the MBA is a globally-recognized qualification, gaining it will help you open up a wide range of opportunities when it comes to working in another country of your choice. And you can improve these chances even more when you study for your MBA abroad – check out The MBA Tour to find out more about some of the best business schools around the world. There is more information here about MBAs offered worldwide, and events you can attend to learn more about them.
If you are the kind of person who enjoys a challenge, then an MBA could be for you. In fact, studying for an MBA isn’t always about moving forward in your chosen career – many students have found themselves at the pinnacle of their career and want to pursue a personal challenge, or fulfil an ambition of gaining a college degree. And, with the MBA considered to be one of the most challenging management qualifications, it’s certainly a good choice if you want to challenge yourself.
Stand Out in a Competitive Market:
Today, it’s getting more and more difficult to move up the career ladder in business without a higher-level qualification. Almost forty CEOs of the Fortune Top 100 companies today have earned an MBA, so it’s no surprise that when it comes to the job market for careers at this level, the higher your qualification, the better. Completing an MBA will ensure that you have the required credentials when it comes to competing for these higher-level positions.
Improve Your Professional Network:
MBA programs attract experienced and talented people from all over the world. As an MBA student, you’ll be studying alongside business professionals who are experienced in a wide range of industries. So, you’ll not just be learning from the program and your professors – your classmates can also be highly influential and educational in your learning. As an MBA student, you’ll be able to create professional networks, share ideas, and form friendships that will last well beyond your time at business school. And, as a result, you can gain insight into a range of different industries while learning from your peers.
Studying for an MBA is easier than ever before, with a range of online, part-time, full-time and distance learning program options to choose from. No matter what stage you are at in your business career, studying for an MBA can benefit you in several ways.