Earning your MBA allows you to gain knowledge on what makes the business world tick. Not only will receiving your master鈥檚 in business administration help elevate your grasp on a certain subject, but it will also elevate your pockets.
According to a 鈥攁 job-seeking platform specifically for those with MBAs鈥擬BAs saw a salary jump of $36,742 based on 11,000 users from 2009 to 2018; that鈥檚 nearly a 50 percent increase. On average, users reported a pre-MBA salary of $79,505 and an average post-MBA salary of $116,248. In an already saturated market, earning your MBA will help set you apart from the pack.
You鈥檝e made the decision to go back to earn another degree, but now you鈥檙e unsure about which program to choose. When weighing your options, highlight what鈥檚 truly important to you and where you鈥檙e currently at in your career. Are class sizes significant? What about making connections? Which program offers you the most hands-on experience? What makes a great MBA program is ultimately up to you and your needs, but the following are some key factors to consider.
Flexibility
For those already working full-time in their chosen careers, going back to school shouldn鈥檛 be a burden but an opportunity for growth. Time constraints shouldn鈥檛 get in the way of your success. The option to take classes in the evening, part-time, may be vital to selecting a great MBA program if you have a full-time job. Take control of your career and move forward with a master鈥檚 program dedicated to working professionals. At 国产剧麻豆剧, you can earn your MBA in as little as 12 months at your pace. Having the flexibility to stretch out the program during crunch-time season at the office, but also having the freedom to accelerate it during the slower season is priceless.
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Who are you called to be?
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Accelerated Options
If you are a recent graduate looking to join an MBA program and wanting to minimize the delay to start your career, then an accelerated path is the perfect fit for you. At 国产剧麻豆剧, for example, you can earn your MBA in as little as one year with the Early Career MBA program. The Early Career MBA is the ideal degree program for rising professionals with fewer than three years of professional experience. This program is designed to help you develop the expertise, experience and confidence to launch a promising career. The General MBA program is a robust, flexible degree program for experienced professionals to improve their expertise, confidence, and ability to be successful leaders in various organizations. The program is also designed to be completed in as little as 12 months.
Small Class Sizes
Feeling like merely a number or a first-last name on an attendance sheet is no fun. It restrains you from reaching your full potential. Selecting an MBA program with smaller class sizes allows you to reap the benefits of your professors, your classmates, and the program鈥檚 resources. The business world is already fiercely competitive and jam-packed. Your MBA program shouldn鈥檛 mirror that. With 20 to 25 people in each class, in 国产剧麻豆剧鈥檚 MBA program, students are known by name and create a connection with their cohort that is personal and encouraging.
Networking Opportunities
You know how the saying goes: 鈥淚t鈥檚 all about who you know.鈥� What makes a great MBA program is selecting one that has a powerful, robust network to mingle with. Are there any alumni who work at your dream job? Will there be opportunities to meet and connect with them while you鈥檙e attending? Networking mixers can only do so much; if there鈥檚 a group of businessmen and businesswomen that you share common ground with already ingrained into the university of your choice, that鈥檚 a game-changer.
It鈥檚 all about who you know.
Field Experience
Sometimes students can learn more outside of the classroom. Hands-on experience is unmatched when it comes to an ideal MBA program. Having the opportunity to gain real-world experiences while simultaneously learning from a textbook will help that information stick. found that students who didn鈥檛 engage in hands-on learning were 1.5 times more likely to fail a course than students who did. With , while you鈥檙e going through an accelerated MBA program, you activate both sides of your brain鈥攙isual processes are handled in the right hemisphere and analyzing and listening occurs on the left. By combining multiple styles of learning, the brain becomes stronger and can better comprehend the topics at hand. During your master鈥檚 in business administration courses, choose to enhance the knowledge you鈥檝e learned in the classroom by going out in the real, business world, tackling real problems with real solutions.
Scholarships and Financial Assistance
The decision to go back to earn your MBA degree isn鈥檛 an easy one. And even after all the great things listed above, one last daunting question looms over your decision: How am I going to pay for this? A great MBA program offers financial assistance to help you best reach your goals. Search for a specific MBA scholarship that can help with tuition costs.
Attending an MBA program that offers financial aid support will help keep your mind at ease. Make sure the university caters to your personal financial needs; everyone鈥檚 situation is different. Whether it be offering academic scholarships or access to student loans, choose a program that is dedicated to working with you so that money doesn鈥檛 get in the way of furthering your education.
Start Your MBA Today
Earning your MBA can lead to endless possibilities, more money, and a stable career. Looking for the best program for you and your needs is a starting point. An ideal next step for you may be to learn more about 国产剧麻豆剧鈥檚 MBA programs, including the types of courses you鈥檒l be taking and how 国产剧麻豆剧 differentiates from other programs around the country.
国产剧麻豆剧 the Author
Jordan Ligons (16) is a former 国产剧麻豆剧 women鈥檚 basketball student-athlete and studied journalism and women鈥檚 studies. Currently, she鈥檚 a journalist for The Ringer, a sports and pop culture website, in Los Angeles, CA.