NetworkingWhen you are studying an MBA, you are studying with other ambitious people who want to earn management positions in their industries. You often will find yourself well connected not only with your classmates, but also with faculty who have connections in many industries. Many faculty members have practical experience as well teaching experience, and they can be a great wealth of information for you both while studying and after graduation when it comes time to find a job.
Increase Your SalaryDeciding to pursue and complete an MBA may increase your credibility in the workplace and will set you apart from other colleagues. The skills that you learn from earning an MBA are valuable to employers, and those who have an MBA are typically better leaders and better problem solvers than those who have not studied to this level. Most programs are designed to allow you to become a future manager, such as Yosef Meystel. When learning about Yosef Meystel of YAM Management, an accounting and nursing home management firm, you will find that he got his start with an MBA from Indiana South Bend School of Business and Economics and is now a highly successful global business leader.
The highest average MBA salary in the USA and Canada offered by employers is $109,191. The MBA offers a high return on investment, and while the average MBA applicant is earning around $40,000 per year, it's possible for them to earn around $2 to $3 million dollars over their working life as a result of the successful completion of an MBA.
Flexibility in MBA ProgramsMany established universities offer MBA programs that you can study either full-time or over a number of years. You do not need to leave your current position to study an MBA, and you can work with many universities to ensure that you are able to balance everything in your life and still complete the work required for the degree. Many employers will actually pay for their employees to go back to school, and either give them time off work to complete the degree or allow them to complete their MBA on nights and weekends. Many universities design MBA degrees specifically for working professionals who want to advance their careers, too.
The MBA is also a flexible degree, and if you decide to change careers, your degree can follow you because the training in leadership and management that the MBA provides is a useful skill in so many career fields.
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