Is it a Good Idea to Get an MBA?

Whether your career is just beginning, thriving, or stagnating you probably have considered further education to aim for greater success. One degree that is constantly entering these discussions is the Master of Business Administration (MBA). You may not be sure if this degree is right for you or if it will even help you meet your personal and professional goals.

To be sure, it can be a complicated discussion and many factors may affect whether this advanced degree will be a worthwhile pursuit in terms of your investment of time and money. However, in some situations, the decision to study toward an MBA may be the best decision you ever make.

What Is An MBA?

The Master of Business Administration (MBA) is one of the most popular graduate degrees in the world and is recognized for its capacity to develop skills for business and management professionals in many diverse disciplines. Most MBA programs cover traditional business subjects (marketing, accounting, economics, etc.) but can be tailored to meet the needs of specific industries such as financial services or the healthcare field.

MBAs can be either full-time or part-time commitment, allowing candidates to work full time or pursue internships to hit the ground running on their chosen career. It is the premier degree of the business world and those who hold it are among the most highly qualified and sought-after professionals in the job market.

Why Should I Get An MBA?

There are some very good reasons why you might decide to go beyond your bachelor's degree and get a Master's in Business Administration. You may have earned a degree that you loved studying but does not translate well to the business world. No matter if you studied psychology, art, literature, or statistics MBA programs accept candidates from throughout the educational spectrum and help them focus the lessons of their individual majors toward acumen in the business world. Even if you already have a degree in business or a related discipline, an MBA provides an additional level of expertise that is sure to set you apart from other candidates or even prepare you to start your own business.

Are There Any Reasons Not To Get An MBA?

Frankly, an MBA is not right for everyone in every situation. For some professionals, it may be better to just stay away from these programs. If you have little or no interest in working in a corporate or for-profit business environment an MBA may be a poor investment.

For example, if your goal is to work in local or national government an MPA (master of public administration) may be more helpful. If you desire to work for nonprofits, religious, or charitable institutions the lessons and skills earned by an MBA may not translate well to the specific needs of these organizations. Most of all, if your goals are to work at a level below management or you aspire to the executive level of a company an MBA may not help you in either instance.

How Do You Know If Getting An MBA Is The Right Decision?

The decision to pursue an MBA may not always be cut and dry, but there are some ways that you can determine if an MBA is right for you. The first thing to consider is your individual circumstances.

Do you already have attractive job prospects or even a job offer? You may not need the MBA to take the first steps in your career. Are you mid-career and looking to take a step up the ladder? An MBA may give you the advantage you are looking for. If you are in doubt, ask the people who hold the jobs you want if their employers value advanced degrees and consider them when making hiring decisions.

What Kind Of Job Can I Get With An MBA?

It might be easier to list the jobs that you couldn't get with an MBA. This versatile degree produces attractive candidates in a wide variety of fields. According to statistics provided by the Bureau of Labor Statistics (BLS), many jobs with the potential for lucrative salaries prefer MBA candidates. These include Human Resources Manager, Information Systems Manager, and Sales Managers. While these are just a few examples of prospective avenues of employment available to MBAs, they illustrate the financial return on investment possible with these valuable degrees.

Take the First Step Toward An MBA Today

Are you ready to take the next step in your career? If you want to earn a Master of Business Administration (MBA), ECPI University offers this course at an accelerated rate. You can also take your classes completely online to help fit your education around your schedule. For more information, connect with a friendly admissions advisor today.

It could be the Best Decision You Ever Make!

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Gainful Employment Information – MBA (Master of Business Administration)

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