FOUR KEY CAREER BENEFITS FROM MBA PROGRAMS

FOUR KEY CAREER BENEFITS FROM MBA PROGRAMS

Here are just four of the key career benefits MBA programs can offer.

1. Transferable skills: Business school gives you new skills and knowledge that will turbocharge your career. While MBA students often set their sights on a job in finance or consulting, the hard and soft skills acquired during an MBA program are transferable to myriad other roles. Today, you’ll find an increasing number of MBAs working in tech, project management, health care, international marketing, government and nonprofits, and many other industries.

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The skills typically strengthened during an MBA – leadership, intellectual creativity, analysis and critical thinking, cross-cultural awareness, communication, even greater IT mastery – will serve you well as you find your way toward your ultimate career goal.

You may start out at a financial firm based on what you studied in your first degree and learn a tremendous amount about banking and analysis before deciding that it’s not a good fit, as it has happened to many people, they built upon those skills when they eventually became involved with running their own business which is mostly in different field. Once you have a deeper understanding of the complexities of the business world, those problem-solving skills mastered during your MBA will carry over to your next position, and the one after that, too.

2. Higher employment rates: Having an MBA is a powerful tool that can increase job security with your current employer or within your current industry.

The MBA degree is also a powerful differentiator in a crowded marketplace. Recruiters have said that some of their corporate clients will not consider any candidate without an MBA, which shows just how much business leaders value this qualification. Employers believe it vets potential hires; you can conveniently undertake an MBA degree from Metropolitan School of Business & Management online or campus without stress on your job. This is going to bring considerable skills and business acumen to the job.

Without a doubt, companies appreciate managers who have risen through the ranks, know the business inside and out and can get the job done. But they also like hiring MBAs graduate for their ability to handle complex situations, be nimble and adapt in the face of a rapidly changing global environment. As outsiders, MBA hires can provide a broad or fresh perspective to see how to improve inefficiencies or come up with innovative solutions to business problems.

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3. Degree specializations: Most MBA programs offer specializations or concentrations that allow you to do a deep dive into the nuances of a particular industry. These courses provide students with an opportunity to sample a few different industries or career paths to see whether it’s a good fit before taking the plunge.

Adding a concentration to an MBA is a good move for people who know exactly what they want to do with their career and who want to build a stronger skill base in that area. If you already know that you’re interested in something really specific, such as Operations Management, International Marketing, Human Resource Management, Business Management, Strategic Business Management, Development Studies, research Methodology and so forth, earning an MBA with a concentration can make you even more marketable.

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In today’s competitive job market, listing a concentration on your resume helps you stand out. However, if you are a career switcher and still testing the waters, you would be better off focusing on a general business education instead.

4. Networking opportunities: At business school, you’ll interact closely with talented individuals from all over the globe, which enhances the experience by exposing you to different business practices, cultures and points of view.

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The connections you make are, for many, the single most valuable aspect of the MBA, so make sure you capitalize on the opportunities in and out of the classroom during your MBA studies. Your alumni network helps you stay connected to the university as well as to countless professional opportunities you can tap into throughout your career.

While the quality of the education at the most elite programs is guaranteed across the board, when you’re spending one or two years of your life based on the business school programmes, it’s the network of contacts you build that make your MBA experience truly priceless.

Culled: Stacy Blackman || usnews.com

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