In America, an undergraduate education is starting to be valued differently than it was in the past. With a college education becoming the norm, more emphasis has been placed on pursuing graduate or professional-level degrees, and for good reason, too. Only a very small percentage of the world’s people have a professional degree, and one such degree that has grown consistently in popularity is the MBA. People in many fields, from law to medicine to non-profit administration and beyond have begun to see possession of an MBA as a hugely desirable trait. In this article, we will show you 5 ways through which an MBA will make a difference in your life.
1. An MBA teaches you how to run any organization
MBA stands for Master’s of Business Administration, and, with every field becoming more focused on the financial outcomes for the organization, the skills an MBA develops are ones you can use anywhere. No organization, whether public, private, non-profit, financially-based, works without an accounting department or at least a fledgling marketing operation. An MBA shows you how to do these things in theory and gives examples of how they run when performing optimally. These skills are an asset to any employer.
2. MBA degrees are consistently listed among the most highly-valued professional degrees
Conduct a quick search and you will find that MBA degrees are in high demand. With average salaries consistently approaching or surpassing six figures, those pursuing or in possession of an MBA degree are in high demand. They are often promoted more quickly than their counterparts, and they succeed because of their well-rounded set of abilities. In fact, in many rankings, all variations of MBA’s– from focuses in computer science to marketing to finance– register large salaries regardless of interest area.
3. MBA degrees round out the knowledge of an undergraduate education with invaluable practical ability
The career path you want to go on may require a strong knowledge of one particular skill set. Maybe you majored in journalism to become a newspaperman, or you majored (as I did) in political science and have since moved onto non-profits. Further, maybe you are involved in the medical profession, and have a large amount of knowledge in sciences. An MBA degree will teach you how to implement and operationalize that knowledge in your practical work setting. How does your hospital’s patient intake affect your budget bottom line? How many grants does your charity need to earn to fund an initiative to end homelessness? How should your news organization implement a new business model to take advantage of its digital subscribers? All these answers lie in an MBA degree.
4. MBA degrees grant you skills for every day life
The basics of an MBA degree will prove invaluable in your daily life. Accounting will do wonders for controlling your daily spending, and marketing classes, when you are presenting yourself to others, help you think of yourself as a commodity that needs to appeal to a certain subset of consumers. Finance classes will make you wonder how you haven’t been investing a portion of your income. An MBA degree will influence your life in many ways, not the least of which is on your personal success.
5. An MBA degree will get you to the level of your career in which you are most comfortable
Listen, leading a company may come with a ton of pressure, but, ever since you decided to go to college, you have clearly desired to be some sort of leader. An MBA degree is exactly that– a degree in how to bring together many resources, people, and goals to produce a vision that only you can see. It is truly invaluable.
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