The Biggest Career Benefits of Getting Your MBA Degree

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Source: | The Biggest Career Benefits of Getting Your MBA Degree | Acquiring your MBA degree provides an array of professional and personal benefits. It does not matter if you work in management, manufacturing, finance, marketing, or technology, an MBA degree will help to open up new opportunities that result in increased financial rewards, career advancements, and more responsibility. On a more personal level, getting your MBA degree will improve both your leadership and communication benefits, which are crucial for professional success.

If you are still unsure if pursuing a USC online MBA is right for you, keep reading. Here you can learn more about this degree and all the benefits it offers.

New Job Positions Open Up to You

When you put the time and effort into earning your MBA degree, the number of different positions that will be available to you will increase significantly. In fact, the number of job opportunities that are open to individuals with their MBA is on the rise. According to a recent study, 75% of employers say they have plans to hire MBA graduates. Also, 92% of employers are increasing the total number of MBA level internships that they have available. This alone provides some motivation for those thinking about pursuing higher education to go ahead and make a move. With this degree, you will be able to qualify for higher-level positions and increase the career opportunities that are available to you.

Gain Access to New Career Paths

If you are ready to shift gears and pursue a new career, you may discover it seems more like a challenging and virtually impossible dream than something you are capable of doing. This is especially true if you are one of the many people who have been working in the same job or the same industry for many years.

Acquiring new skills may be the perfect catalyst to help you kick-start your transition from your current career to a new one. Even if you have a background that is not considered “typical” for the position you really want, with an MBA, you will have the skills and education needed to help ensure you are a qualified and competitive candidate.

Increased Earning Potential

According to a recent study, the average pay for an MBA graduate was up to 50% more than the position they had before they earned their degree. What is even more appealing is that in the five years after you have earned an MBA, your pay will increase (on average) by up to 80%. These figures can clearly show the financial benefits offered by acquiring an MBA; however, they don’t address the level of personal satisfaction that will come with a greater level of responsibility, which you are likely to receive once you have earned this degree.

Improved Professional Skills

A key advantage offered by acquiring your MBA is that it helps to improve your practical and theoretical knowledge of how businesses, today, operate. This is a key component if you want to have success in this industry, or in any endeavor. These types of “soft skills,” like leadership, teamwork, and communication are invaluable. As the old saying goes – you need to be able to “walk the talk.” It does not matter if your goal is to get a promotion or if you want to start your own company, having the necessary skills mentioned above may be the difference in your success or failure.

Greater Job Security

The job market today is more challenging, competitive, and turbulent than it has ever been in the past. This may have you feeling unsure if you are going to be left out. Along with all the other benefits offered by acquiring your, MBA is a skill set that is more marketable and improved job security, which can help provide you with a greater level of peace of mind.

The skills that you will develop in your MBA program are going to make you a much more valuable member of any team. Even if you decide to leave your job, the business qualifications that you have earned will go with you. This increases the likelihood that you will be able to get back to work faster.

Changed Perspective

With an MBA, your enterprise knowledge is expanded. As a result, you will better understand all the nuances that go along with operating in a global marketplace. Some of the best programs available today will include an overseas immersion trip. This gives new graduate students the ability to have a first-hand look at how a business is managed on a global scale.

Selecting a program that is attractive to international students will help add to the diversity in the classroom and enhance the discussions. You should not underestimate the benefits of this as today is a global economy and you need to have skills that will help you succeed on this bigger scale.

Expand Your Professional Network

Having a strong professional network is an invaluable asset if you want to have a career in the business realm. According to a study conducted by GMAC – the Graduate Management Admission Council – approximately 89% of all the recent MBA graduates stated that attending business school helped them to develop a bigger and stronger professional network. With this type of network, you can gain access to new and exciting job opportunities, which may prove to be beneficial if you decide to open your own business in the future.

You Become More Knowledgeable

When you take the time to choose the right MBA program, you will gain the skills that you need to have to succeed in the career you have chosen. There are also specialized MBA programs, like ones that offer concentrations in certain areas of business, which are useful for those who are focused on a specific career or who want a job in a certain industry. However, you should not underestimate how beneficial a general MBA program can be, either. A general program is going to provide a much wider range of skills that will be useful in virtually any industry, which is crucial if you are thinking about making a career change.

Earn the Prestige of Being a Respected Member of the Business Community

With an MBA, you will command respect from your colleagues and other people who are in your professional community. This qualification carries quite a bit of weight, but it will be your expanded set of skills that helps to differentiate you from the other applicants. It doesn’t matter if you select a program that offers concentrations or one that is focused on global management or leadership, you are going to be well served by the stature that it provides you.

It doesn’t matter if you have plans to launch a new product, start your own business or es online, or reorganize a division, with your MBA you can do this with confidence. Today, executive recruiters are looking for candidates who can provide clarity and vision while guiding a division or company through the strategic challenges they face.

Even in situations where you are finding huge successes in your existing career, you may still find the completion of an MBA program to be beneficial. By obtaining your MBA, you are opening yourself up to a huge selection of new opportunities. These new opportunities include seeking a promotion, creating a business start up, changing your career, or even satisfying the entrepreneurial dreams and ambitions. Remember, the key to all these benefits is acquiring your MBA degree. Now is the time to take a step and see what programs are out there and how acquiring this education can help to change your life – now and in the future.

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