MBAs are a popular degree for continuing education students and earning an MBA is hard work but the rewards are worth the effort. They're often accompanied by an increase in pay and prestige, along with a better career in general. Although they are often expensive and time consuming, our MBA program is affordable and MBAs well worth the effort. Our graduates have found that their MBA has led to career opportunities, a higher salary, strengthened entrepreneurship & innovation, better networking, and greater job security.
1. Advance your career
An MBA degree will increase career advancement by offering you the chance to develop a wide range of general business knowledge and a broad base of technical skills in a relatively short period of time, as opposed to the years-long trial-and-error process that tends to characterize knowledge and skill gleaned from on-the-job learning
2. Earn more
The benefits of an MBA degree also show up as a bigger paycheck. As of 2015, the median starting salary for new MBAs hit $100,000, according to an annual survey by the Graduate Management Admission Council (GMAC).
In another 2015 survey of B-school alumni by GMAC, 90% of respondents reported that their MBA degree had boosted their earning power.
3. Develop Entrepreneurship & Innovation
If you’re interested in starting your own business, but not sure you have the necessary expertise to launch a start-up in a high-growth industry, an MBA degree can prepare you to do everything from writing a business plan to acquiring venture capital to launching an IPO. Research has shown that the failure rate for small businesses started by MBAs is about 50 percent less than the standard failure rate.
4. Grow your network
Networking is another key benefit of the MBA degree. Business school teaching styles encourage teamwork, and over the course of an MBA program, you’ll develop important relationships that can serve you well throughout your business career. Students also get plugged into a network of alumni working at a wide range of companies. This is useful for mentoring, job searches and professional contacts.
5. Enjoy greater job security
As today’s marketplace evolves and becomes increasingly complex, many employers are choosing to balance their need to retain good employees with their need to fill managerial positions with candidates possessing advanced-level knowledge and skills. They’re doing this by sending selected employees to business school for their MBA degrees—and in some instances footing the bill. MBA grads are desirable in any job market; an MBA will give you the opportunities you need to advance in the business world.