It makes perfect sense to pursue an MBA degree, especially if you want to boost your career advancement efforts. After all, most businesses search for candidates with the necessary job-related abilities and the ability to contribute solid judgment when making business judgments. The same business concepts apply whether you work in the public or private sectors.
That said, an MBA degree offers many advantages, making it a worthwhile investment for candidates looking to excel in different industries. For example, Wisconsin’s manufacturing sector is enormous, accounting for around 20 percent of the entire country’s GDP. These large-scale companies include Caterpillar Inc., John Deere, Rockwell Automation, etc.
So, getting an MBA from a Wisconsin-based business school makes perfect sense to take advantage of this state’s high employment opportunities. The best thing is that these degrees can be obtained online without compromising your work.
That said, here are a few compelling reasons why you should get an MBA degree.
1. You’ll Take advantage of Various Online Degrees
Most accredited business universities and schools provide part-time and online MBA programs, giving students more freedom to manage their households or work full-time while earning a degree. The age of new MBA students is about 28 years old on average. Therefore, many of the incoming students are professionals with day jobs.
So, an online degree might be a better option if you’re working full-time. For instance, if you’re working in Wisconsin and can’t travel to another state for further education, enrolling yourself in one of the many UW Parkside MBA degree programs will be your best bet.
Ultimately, you’ll have the flexibility to tailor your degree according to your schedule and take classes without clashing with work commitments.
2. You’ll have Higher Pay Potential
A higher wage and opportunity to advance into higher-paying occupations and responsibilities could result from your investment in your education. U.S. News and World Report state that MBA salaries will increase quickly in 2022.
The average starting income for MBA graduates in 2021 was $87,966, which is 11.3% more than the average starting salary for graduates in the class of 2020, according to research on compensation estimates provided by the National Association of Colleges and Employers.
3. You’ll Leverage a Massive Network
The number of business connections you will build is an underrated advantage while enrolled in an MBA school. You can establish enduring bonds with professors and students, network with local business leaders, and join a much more comprehensive alum network while obtaining an MBA.
Many MBA students are taken aback by the sheer number of graduates from their business school who have top management positions in organizations worldwide. These relationships might come in handy when you’re trying to search for a job for yourself.
4. You’ll Develop Your Professional and Personal Skills
Gaining the managerial abilities required to succeed in the current global economy is one of the main reasons why students pursue MBA degrees. MBA program graduates become business leaders by learning advanced practical skills in their specialized fields.
Through developing soft skills like communication, critical thinking, networking, organization, and teamwork, MBA students learn what it takes to be influential leaders. Ultimately, if not for anything else, they will learn to motivate and inspire other individuals who want to take the same educational path!
5. You’ll Have Multiple Career Advancement Opportunities
Another advantage of enrolling in an MBA degree program is the possibility of better job growth. MBA graduates typically have the managerial, leadership, and problem-solving abilities employers seek when hiring for upper management roles.
The vast majority of graduate business school graduates responded in a recent Graduate Management Admission Council (GMAC) survey that their MBA program provided more immediate job progression prospects. So, if you want to become a part of this statistic, consider doing an MBA today.
6. You’ll Have a Versatile Career
An MBA degree’s enormous flexibility and variety of job opportunities are its key advantages. An MBA can assist you in gaining the information and abilities necessary to start your own business or advance to the C-suite of an established organization.
After all, numerous sectors can take advantage of the skills you will obtain while earning an MBA. The best thing about this is that these skills can be used in any industry.
Depending on your interests and professional objectives, most MBA programs offer several specializations and sub-fields. These specialties include accounting, economics, entrepreneurship, finance, healthcare management, marketing, international business, operations management, and statistics.
7. You’ll Become More Credible
After earning your MBA, many employers will view it favorably wherever you work. Employers typically tend to trust professionals with MBAs more than those without them. According to a poll, 80% of the responding businesses tend to hire MBA graduates. This is because obtaining an MBA demonstrates tenacity and diligence.
Your MBA qualifications show your competence and commitment to the field. Furthermore, it is an internationally recognized curriculum that will help you establish credibility with others in your job or business, no matter where you are.
8. You’ll Learn from Reputable Teachers and Professors
You will have the opportunity to work with teachers who will push you in the best way possible during an MBA degree program. A successful mentorship relationship with your lecturers during your education is also advised because it can help you succeed in the future.
These are the individuals whose accomplishments and knowledge you wish to emulate. So, when you participate in their classes, you will learn many new things to help you excel in the corporate world.
However, to take full advantage of this experience, it would be wise to try to get along well with them so you can quickly acquire any additional assistance you might need currently and in the future.
Furthermore, you can also attend guest speaker sessions during an MBA degree program to learn from the world’s most successful entrepreneurs and business owners who have been there and done that. Ultimately, the sky is the limit regarding the learning opportunities you will get when studying for an MBA.
The Final Words
So, is an MBA degree worth your time and money? Well, it depends on what you want to accomplish. For instance, MBA degrees don’t come cheap financially and physically, so consider the benefits mentioned above to decide if an MBA degree is the best path for you.
So, are you ready to spend a lot of time, effort, and money on your MBA degree program? If yes, then you don’t need to look elsewhere!
