The Value of an MBA

Start of a successful career or career

Upon successful MBA studies, the student is promoted within a few months, which brings better salary conditions, or, thanks to qualifications and a wealth of new experience, knowledge and empowerment, will re-launch his career and gain a better motivation. The MBA study paves the way for a business, confronted with all the risks and is offered a helping hand along the way for his dream career.

Establishing professional contacts

MBA study is aimed at entrepreneurs, directors, staff and professions, where it is necessary to continuously squeeze trends, gain new experience, information and knowledge. If you are considering MBA studying and its benefits, know that the classmates are one of them. Teaching, seminars or lectures will always meet as many as a profession and these people will mean a good networking network for you. Some of the classmates are not only working partners but also lifelong friends.

Change of a professional orientation

If you feel that you are staying in your current profession and are tempted to change you, MBA study is right for you. Seminars are conducted from many areas, so students, in addition to their focus, gain knowledge and practical experience from other areas as well. Many post-graduate students will also change their profession.

Raise your labor market price

MBA study is an investment in your professional and personal growth. Expand your knowledge of the university above the level of higher education and gain a better chance of applying to prestigious positions in major multinational companies. You will also get new impulses for your business and improve your management skills.

You can choose from a wide range of MBA programs

Today, the MBA is not just about management and marketing. The amount of an MBA institution alongside the classical MBA focus also offers a wide range of deeper focusing. You can choose from gastronomy, hotel, sports, real estate, health, business, banking and many more.

Salary Increase

Bloomberg took its student survey data from its ranking published late last year to track returns. For the MBAs who ventured into new fields, the median pay increase was a whopping $55,000 toward a salary of $120,000. That translated into an 85% increase in pay at a time when wage growth for managerial and professional employees has been relatively stagnant. MBAs who returned to their industries actually reported slightly higher starting pay–roughly $122,000–but the bump in salary was less, a median $47,000 increase because pre-MBA pay was higher at a median of $75,000 instead of $65,000 for those who did the switch (See Payback On The MBA: A $55K to $47K Bump).

The Financial Times data further makes the case in favor of an MBA degree.
The FT broke the alumni pay numbers out by world regions which showed that some of the highest returns were reported in South America. For alumni who entered their MBA programs at an age of 29 and 30, the salary increase was 131%, or $96,000 over their pre-MBA pay.

In North America, the FT said that alumni who entered their MBA programs at an age of 24 or below, reported salary increases of $67,000, a whopping 137% increase over their pre-degree pay. For graduates who started their MBA at 25 and 26, the salary rise was exactly the same, $67,000, representing a 110% increase over pre-MBA pay. For those aged 27 to 28, generally the sweet spot for a two-year MBA program, the increase was $64,000, or 89%.

Source:  Poets and Quants