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Three Benefits of Studying an MBA

There are many benefits to enhancing your education, and one way that many people do this is by earning their MBA. When looking at how an MBA can help to enhance a career or even start one, consider the following three benefits:

Networking 

When 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 Salary 

 Deciding 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 Programs 

 Many 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.

 Image courtesy of ddpavumba portfolio at FreeDigitalPhotos.net
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11 comments :

  1. There is no doubt that you will make more money with an MBA. However, I also know some that were hung out to dry after years with a company, even with the degree.

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  2. I would like to think that an MBA could get me somewhere, but I am so gun shy after seeing all of these American companies laying off the top 10%. What is the point if I have to bag groceries to get a check?

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  3. I work full time, so I would have to do a program that allows me to do it on my schedule. I would certainly be interested though and I bet that my employer would as well.

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  4. I've always wanted to study an MBA, it may be a good time to start doing it and make a change in my life.

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  5. Right now I have no time to study, but sure I'd start one and improve my income and my knowledge

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  6. Since I studied my MBA few years ago my salary has increased exponentially, It was difficult but have not regrets

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  7. I work full time, it would be interesting to study an MBA in my free time, maybe I can increase my productivity and help me win more money

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  8. This is so encouraging, i want to apply for MBA.

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  9. Great post! Definitely some good information!

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  10. It is nice to see an article dedicated to this important topic. Studying an MBA changed my life for the better. Amazing alumni network + I made some amazing forever friends!

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  11. An MBA can’t guarantee success in your career, nothing can in the wake of recession – but with the right hard-working and can-do attitude, an MBA may serve to provide the enhancements in life and work that you are searching for.

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