Aug 20, 2021 11:29 AM EDT
Is Getting your MBA Worth It? Career Opportunities
The Masters in Business Administration degree is one of the best-known educational certifications in the world. Earning this degree is an excellent way to open the door to new career opportunities with better salaries in your future. However, getting your MBA also requires a lot of time, effort, and dedication. You'll need to commit if you want to succeed on this course. If you're looking at your professional future and wondering whether an MBA could be the best way for you to achieve your goals, you're in the right place. Here's what you need to know about the MBA degree, and what you can do with this accreditation on your resume.
What Does an MBA Involve?
Getting an MBA takes significant time and focus. Though the elements of your course will vary depending on the kind of degree you apply for, you can expect to spend a lot of time working on business-related topics like accounting, economics, and management. Most of the programs offered by leading universities are designed to prepare students to work for financial leaders, in executive positions, and even as the founders of their own start-up companies.
Whether you choose to take a full-time or part-time course, it can take several years and a lot of effort to achieve your MBA. It can take anywhere between eighteen months and 7 years to complete a degree in this area. Most people choose a three-year program which requires them to pursue their degree around 15-20 hours per week. If you are worried about your wages being affected by this commitment there are ways to make money from home as a student that are conducive to putting your education first while still thinking about your pocketbook.
What Careers Can You Get with an MBA?
The lessons you learn during your degree can set you up for a wide variety of different roles. An MBA would look fantastic for anyone pursuing a management position in a business, like the role of a Marketing or Technology manager. You could also use this degree to enter a range of fields in the financial industry. Many investment bankers, financial advisors and finance managers also have an MBA education. Other options for employment range all the way from IT Manager (particularly if you've got experience working with technology too), to HR leader, business consultant, and even entrepreneur and founder of your own business. The skills you learn throughout this course are quite transferrable, so you shouldn't have too much trouble finding ways to stand out when applying for a range of different roles.
Is an MBA a Good Idea?
Like any degree, an MBA comes with pros and cons to consider. You'll need to invest in higher education, which means taking the time to find the right loan from a private lender with flexible repayment options. You'll also have to commit the time and energy required to pursuing your education and making sure you keep your knowledge up-to-date. Even then, there's no guarantee you'll get the perfect job straight away. However, if you're looking for a role in the financial industry, you want help kickstarting your own business, or you're dreaming of being in a management position in the not-so-distant future, an MBA could be the perfect tool for you.
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