Obtaining an MBA degree is a popular endeavor nowadays. However, is it completely clear to you whether you need one? Are you sure that receiving an MBA degree will help you fulfill your professional goals? In this article, we are going to discuss the benefits of enrolling into an MBA program.

 

 

 

1. Advance Your Management Skills

 

An average MBA-student has 3-5 years of professional experience. By doing a MBA degree, you will boost those skills that are crucial to keep a business enterprise successful. Although the curricula of business schools may differ, mostly all of them will help you develop the following competencies:

 

• develop and sell your product;

• establish an effective hierarchy at your company;

• create a positive image for your company;

• correctly analyze industry data;

• manage human resources;

• cope with economic hardships;

• establish an effective hiring process and increase employee retention;

• promote your company's financial well-being.

 

 

 

 

2. Expand Your Business Connections

 

The educational environment is like a 'melting pot', where students of different backgrounds communicate and even make friends. These networking opportunities will expand your business management capabilities. Moreover, you will also get access to an alumni network of your MBA programme, which will allow you to participate in various global events. 

 

 

 

 

3. High Salaries

 

An MBA salary is one of the highest on the market. According to recent statistics, an MBA graduate earns twice as much as what a regular university degree can grant.

 

 

Average salaries of MBA graduates

Country	Average Salary
The United States of America	102,000
Canada	99,000
Australia	98,000
Singapore	82,000
The United Kingdom	92,000
Switzerland	123,000
Germany	77,000

 

 

 

 

 

4. Start Your Own Company

 

A lion's share of MBA students dream of running their own businesses. A MBA degree will teach you how to become a successful enterpreneur. Many of your classmates will have similar interests and it is often easier to start a business when there is someone who has your back. 

 

 

 

 

5. Career Change

 

Third of all MBA graduates use their management education to change their professional fields. Full-time MBA graduates have higher chances to get hired and enjoy successful MBA careers. Some of the companies that hire MBA graduates worldwide are listed below:

 

• Apple

• Facebook

• JP Morgan

• Goldman Sachs

• Microsoft

• McKinsey and Co.

• Walt Disney  

by Osama Samuto