The Advantages Of Owning An MBA Degree
The Advantages Of Owning An MBA Degree
The Advantages Of Owning An MBA Degree
Do you need the MBA in order to become a CEO Do you need an MBA to earn the highest-income? Or, is MBA guaranteed you a highest-paying job? The general answers to these questions are "NO" because there are many CEOs and high income earners do not own an MBA. However, with an MBA degree, you can achieve these positions easier, espcially in today's highly competitive job market. Find the seven advantages of pursuing an MBA degree below:
1. The managerial skills
You will a good managerial skills in order to manage your team effectively when you have moved up to a supervising position such manager, VP or CEO. MBA prepares you with the knowledge and skills on management related to the real-world situation. It streams hone your managerial skills to escalate your corporate persona. During the pursuing of an MBA, you will learn how to apply the principles and theory about management to the real-world organizations through the classes and graduate research assistantships.
2. Developing business expertise
Normally, students who newly enter the workplace will find a job related to their degree. For example, students of medical degrees will become doctors in hospitals, software engineering students may apply as software engineers, etc. But, when they are moving up their career ladder, they will need to lead a team. Therefore, a good managerial skill will help them to manage their team successfully. Pursuing an MBA degree helps to increase the practical knowledge on business administration, especially for those who are graduated from non-business degrees.
3. Competitive benefit
Besides the working experience, the education qualification is the key measurement for many companies to get suitable candidates to fill their job offering. Therefore, you will be at a better position to secure a career opportunity over the others who have similar working experience but without an MBA. You can choose to pursue an MBA in general or choose a sepcialization that focus on certain skills or particular business field so that you have a competitive advantage over others. Most of leading finance and business corporations are hiring candidates with MBA for their higher management positions.
4. Career advancement
Based on job survey results, most upper management positions are filled by candidates with a least a Master degree, most them own an MBA degree. The job survey results should give you a clear sign that you should pursue an MBA degree for a better career advancement opportunities.
5. It is a recession-proof degree
During a good economy situation, organizations need people with business administration skills and knowledge to lead various departments and drive the company toward next success level. Holding an MBA degree will almost guarantee you with a job during the recession. Regardless of job fields, people with the knowledge of MBA are required to help companies go through the bad economy situation. The MBA programs enable students to learn up the skills and knowledge that prepare them to face the business challenge when they go into a real business world. Therefore, MBA is one of recession-proof degree that can help you to secure a job opprotunity regardless of economy up and down turn.
6. Ease the career switching
Regardless the type of your career, good business administration skills are required, especially in the managerial positions. This is one of the advantages of pursuing an MBA that provide a cushion of switching your career to move from one career field to another.
7. Start a business
If you plan to become your own boss, you definately want a success business. The key factor for a new start-up company to become a business savvy is the business owner needs to know how to run a successful business. Even though earning an MBA degree is not a must, but the skill-sets taught in MBA provides with the hand-on training on how to handle real-world business problems that prepare you to be a successful entrepreneur.
Summary
MBA degree won't guaranteed for a successfully career, but it definately be helpful for you achieve a success career. The seven advantages above explained the important of MBA in helping you achiving your career goals, espcially in today's highly competitive business world.
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