Deciding to study an MBA is a big step. After all, you have already spent 3 years completing your undergraduate degree and you’re now wondering if an MBA will really allow you to progress in your career and achieve your career goals! If you are embarking on a career in a competitive environment, particularly in business and want to have a qualification that will be recognised by international members too, then you really should get an MBA. Check out the reasons below as to why you should study for an MBA.
Managerial Skills
This qualification is often obtained by professionals with a minimum of two years of experience who feel ready to take on a challenge. MBAs and their specialist areas will allow you to develop specific knowledge about a company and you will learn how to manufacture, advertise and sell products, maintain company finances, collect and interpret organisational data, recruit and retain the right talent, create an effective organisational structure to help the company thrive or understand when to make difficult decisions. Studying this degree will allow you to step out of your comfort zone and really learn how today’s businesses operate and how you can manage them!
Build a network
As a student studying a business-focused degree, you will receive a number of networking opportunities. People that are studying with you, alongside any guest speakers will be from a variety of backgrounds. You have the possibility to meet recruiters, long-term businessmen, start-up entrepreneurs and a load of other people too! This will not only develop your communication skills when speaking to professionals but could also open up some great business opportunities in the future. Remember, who you know is just as important as what you know!
Entrepreneurial Skills
If you are business-minded, an MBA will provide you with the skills you need to become an entrepreneur or manage a successful business in the future! Develop pre-existing skills and learn new ones that will help you to develop, grow and succeed within your business ideas.
New Cultures and New Places
Why not choose to embark on an even bigger journey and study an MBA overseas? Not only will you gain a new perspective on how businesses run internationally, but you will also get to experience the culture and lifestyle of a different country. This will not only help you develop your insight into different cultures, but it will also teach you about global economies, not just the ones you’re used to back home! It can also inspire new topics and ventures you would like to explore in the business world.
Career Opportunities
Graduates of an MBA degree often have higher chances of securing a higher-level position in management. This type of position attracts greater responsibilities, as over 50% of MBA graduates hold the positions of senior management and directors. Some of the top employers seek MBA graduates including Deloitte, McKinsey, Boston Consulting and Apple, IMB and Amazon to name a few.
Worldwide Recognition
This qualification is highly recognisable, by countries all over the world. If you’re planning on working internationally in the future – this one is definitely for you! It allows flexibility as you can apply for a variety of job roles easily in different countries. It’s seen as essential by some global companies for applicants who want management positions!
Higher Salaries
Job security and increased salary opportunities are almost guaranteed when undertaking this type of qualification. On average, people who have MBA’s usually have a 50% increase in salary in comparison to colleagues who do not. Make sure to also gain as much relevant experience in your chosen field as possible, as this will also impact your salary too!
Flexible Study Opportunities
If you’re already busy in the business world and don’t have time to commit to full-time study, there’s plenty of online study opportunities. Utilise distance learning adaptations of MBA courses taught by leading universities and gain access to materials 24/7, when it suits you. This flexible study option allows you to work alongside obtaining your MBA – the best of both worlds!
Whilst MBA’s have major benefits, it may not be for you. Take some time to digest our reasons and consider if you want to make the commitment to this study qualification! Have a look into different universities that offer it and their requirements – you could be on your way to securing an MBA qualification soon!