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The Benefits & Importance of an MBA Degree in the Business World

Getting an education is an important part of success in today’s business world. It’s competitive out there, and the more educated you are, the better your chances of landing a good job are. That’s why getting a Masters of Business Administration(MBA) is so important – education leads to opportunities.

There are only a select few in the world who can drop out of school and go on to make a significant contribution to the world. For the rest of us, education is key. Take a look at three real reasons why an MBA degree is important in the business world.

1. Increase your hiring opportunities. Generally, the more education you have, the better your career opportunities and choices are. A MBA graduate is an extremely valuable asset to an organization. Because of the competition in today’s business world, you may actually find that you need a MBA degree to even have a first interview.

In school, MBA students learn different techniques and skills that can help businesses. Some companies plan to hire MBA students, maybe even paying for current employees to go back to school and get a MBA. You know that if a company is willing to pay for employees to get the degree, it’s certainly an asset.

2. Get paid more. With a MBA degree in hand, you can actually demand a higher salary. According to a 2007 Corporate Recruiters Survey, employers are willing to pay significantly more for job candidates with an MBA degree. The survey suggests that companies will pay up to 84 percent more. It is hard work to earn a MBA degree and your salary certainly should reflect that.

3. Build your network. One of the really valuable parts of getting a MBA degree is the networking opportunities. When you are studying for a MBA, you are with people from all walks of life, all trying to accomplish the same goal. These are the future leaders in the business world. You can connect with people who may one day lead corporations. These relationships become very valuable for you, as a professional, but also for your future company. The relationships you forge in the MBA classroom will get you into groups and organizations that will certainly benefit your future employer.

Going back to school, for any reason, is always a good idea. Getting a MBA will increase your chances of finding a great job with a solid company. Are you ready to be the next great leader in the business world?

If this article post sparked your interest here is the link to the UW-W Graduate Program (on-campus & on-line). Check it out!

Brett is an MBA Student and a writer for CableTV.com. He typically writes about Business, entertainment, and sports. You can follow him on Twitter, @TeachFromSLC.

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9 Responses to The Benefits & Importance of an MBA Degree in the Business World

  1. Mehul Kar says:

    These are all fine reasons, but I think it’s more important to have an MBA for the credibility it adds to your name. A grad school degree from Stanford or Harvard adds respect points like a BMW adds style. An online grad degree from the University of Phoenix? Not so much. It all plays into the system of social/professional politics.

  2. CoBE Report says:

    Mehul, I completely agree with you. The comparison you made between Harvard and University of Phoenix not only goes for grad school but also the whole undergrad world as well. Like you stated, “It all plays into the system of social/professional politics.” Thanks for the comment!

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  6. MCDONALD says:

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  7. Srushti Patel says:

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  8. My wife and I have been talking about me going back to school to get a master’s degree. I have been looking for jobs since I graduated a few years ago. I didn’t realize that getting an MBA could result in up to 84 percent more pay. That’s something that I could definitely benefit from.

  9. M.Shoaib Shoukat says:

    what about specialization??

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