3 Reasons to Complete An MBA in 2019

The choice between studying at university and finding a job can be a conundrum for most younger people. The lure of better career prospects and higher earnings from studying at university may outweigh early employment for many. However, lots of young people are thinking twice before plummeting into debt and hanging their hopes on an unstable graduate market. This means they need more reasons to enrol into a degree and even more reasons to commit to a postgraduate degree. Here we will specifically look at the MBA and give you some compelling reason why choosing this line of postgraduate study is a smart choice.

What is an MBA?

A Master of Business Administration, often shortened to MBA, is a one or two-year university degree that is recognised worldwide. As the name suggests, an MBA leads to a successful career in business and management roles. However, MBAs have also been proven valuable for those wanting to work in an array of industries and sectors. From private industry to government roles, an MBA could be your ticket to a rewarding career.

The programme of an MBA can vary depending on the institution which is providing the course. Nevertheless, all master’s degrees of this kind usually follow a set of stable core subjects. These subjects include economics, accountancy, finance and marketing. Learners will then get the opportunity to undertake optional courses that resonate with their intended career.

Who Has An MBA?

If you do start an MBA, the university you study at will likely use a type of software that works as a portal to stores lecture slides and relays important study information to you. For many universities, this is known as Blackboard, and it was made by an MBA graduate Michael Chasen.

Mr. Chasen is just one example of hundreds of famous businessmen and women that have enjoyed success after completing an MBA. From New York Times’s Meg Whitman – once suggested to be the likely first female president of the USA – to an actual president in George W. Bush, as well as Michael Bloomberg and even basketball legend and entrepreneur Shaquille O’Neal, there are many high-profile people who have earned an MBA. The diversity of the grads just mentioned goes to show just how valuable the degree can be at propelling a number of different careers.

How To Get Accepted

An MBA is one of the most popular types of postgraduate course in the world. Even ranking lists of the best MBA programmes are made each year. Its popularity does not mean obtaining a place on an MBA course is easy. Entry requirements will differ between institutions based on prestige. Yet, all candidates will have to have complete a related undergraduate degree, provide academic transcripts and may even have to take an entrance exam. Some education institutes may even only accept candidates after spending some years in a related field or industry as a full-time professional.

Three Top Reasons to Do An MBA

1. Worldwide Recognition

MBA degrees are widely recognised among the international academic community and within international industries. Whether you want to progress your academic career at an overseas university or are looking to work overseas, an MBA is one of the most fluid types of degrees that will be recognised in all four corners of the globe.

2. Transferable Skills

We have already illustrated that an MBA can lead to many different jobs. The reason this is the case is because an MBA includes the learning and development of transferable skills. The knowledge and skills that comprise the core elements of an MBA programme can be applied to different industries and roles, giving you a better chance of success in the job market – and the ability to tailor the degree to your preferred area seamlessly.

3. Aids Promotions

Many people who are lined up for a promotion do not have the right skills in a management role. Just because you have a wealth of valuable knowledge does not mean you know how to lead a team. An MBA overcomes this often-found limitation among graduates because it does not just develop knowledge, but it actually focuses on leadership and management skills. This helps you get senior promotions and is likely to contribute to the reason why MBA graduates earn high salaries.

Preparing for an MBA

How you prepare for an MBA once you have been accepted is crucial. After the celebratory dinner and the champagne bottle has been added to the recycling, you should aim to get a head start on your next academic pathway. JCU Online discuss MBA courses and recommend starting to read more business-related content, as well as aiming to expand your network before setting foot in the lecture hall. The bottom line is that you should try to start your MBA as early as possible, regardless of the start date on your acceptance letter.

Is An MBA for You?

An MBA is certainly hard work but the rewards of completing one can be worth the time, money and effort twice over. Above you can see some exceptional reasons why completing an MBA may be for you – but it is not always for everyone. Remember to consider your intended career path before embarking on an MBA, and if you do take this step, remember the reasons you are doing it to motivate you and drive you to success.

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This report/news/ranking/statistics has been prepared only for general guidance on matters of interest and does not constitute professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this publication, and, to the extent permitted by law, CEOWORLD magazine does not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it.

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