A master’s degree in business administration (MBA) is an admirable goal. It’s also one that comes with an assortment of impressive benefits. Below, the top three benefits of obtaining an MBA are discussed.
More Career Possibilities
Many companies actively seek employees with a master’s degree in business administration over other candidates. In fact, “MBA preferred” shows up in many of the job listings for business-related career opportunities, according to one of the top job recruiting websites.
Better Earnings
Companies are often willing to pay a bit more for MBA employees because of the knowledge that goes with this degree. Many businesses are also willing to start MBA recipients at higher levels beyond entry level. According to a national average of salaries by occupation and degree, the average salary for an MBA graduate is around $160,000. A bachelor’s degree graduate has an average salary of $52,000 by comparison.
Better Professional Skills
MBA recipients often have better soft skills, referring to communication, critical thinking, problem-solving, and similar abilities. Employers often prefer candidates with skills of this nature. An ability to communicate, for example, allows MBA recipients to adapt to various professional settings and environments.
Additional Benefits
An MBA also allows for more flexibility and personal growth along with a global perspective on the business world. Having an MBA increases credibility and recognition in your field. And, according to Best Accredited Colleges, an MBA often puts degree recipients in the upper echelon of their field.
Contact Beal University at beal.edu for more information on available degrees and other programs.