Why should you choose an MBA for your career advancement?If you decide to start an MBA be prepared to dedicate yourself fully in order to achieve the best results and develop all the skills that you need.
An MBA (Master of Business Administration) ‘is an internationally-recognized degree designed to develop the skills required for careers in business and management. The value of the MBA, however, is not limited strictly to the business world. An MBA can also be useful for those pursuing a managerial career in the public sector, government, private industry, and other areas.’ This is an advanced degree that requires a consistent professional experience (at least 2 years). It is important to approach MBA with a right mindset, because it will require a lot of your energy. You have to feel motivated and ready for such training programmes.
There are various MBA specializations among which you can choose the most adequate for your professional goals: Marketing, HR, Consulting, Entrepreneurship, Operations Management, Finance and Information Systems. Once you’ve identified the type of specialization, you need to select the right program.
Here are the main ones:
Why should you choose an MBA at a certain point in your career?
Acquire specific management skills
Developing and improving your leadership style together with your ‘people management skills’ are just two of the main objectives of an MBA. All professionals, especially the seniors, will need to adjust the way they manage employees and financial resources at a certain point in their career. You will learn to ‘apply the newest management tools and techniques, and challenge yourself to improve your business, teams, and collaboration.’ This type of training path offers practical tools such as: managing challenging situations, creating an effective and qualitative network, improving the levels of employee retention.
Enter in a high-profile business network
Choosing a purposeful MBA programme will give you access to wide networking possibilities. You will meet ‘fellow students, professors and teaching staff’ including professionals with strong management skills. If you choose a global MBA, it will open the door to various international events and global affairs.
Remunerations for MBA graduates are very appealing
Professionals that successfully gain an MBA usually have a higher salary and more benefits. The ‘average income for an MBA graduate is much higher than an employee with a regular Masters.’ Here are some of the average annual salaries: US – 102,100 USD/year, Canada – 99,800 USD/year, Australia – 98,400 USD/year, Singapore – 82,700 USD/year, UK – 92,400 USD/year, Switzerland – 123,500 USD/year, Germany – 77,200 USD/year, France – 98,500 USD/year, Italy – 86,400 USD/year.
Choose the right timing for an MBA, because it will take a lot of dedication and energy. If you think that you are not able to manage a full-time programme, shift towards a part-time one in order to have more study flexibility.
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