Four Reasons Now is the Time to Get Your MBA
April 18, 2018
Whether you’re considering forging a career in the business world, or simply looking at ways to broaden your existing career opportunities, an MBA remains the premier degree for business success. Below, we’ll cover just a few brief reasons why business students should consider pursuing an MBA from one of the best business schools in South Dakota:
1. Improved Career Prospects
Currently, career opportunities for MBA holders are rising dramatically; over two-thirds of employers plan to hire additional MBA applicants within the next year. Beyond this, an MBA is an essential qualification for those aspiring to executive-level positions in the business world.
2. Higher Earning Potential
On average, MBA degree holders enjoy over 50% higher pay than non-MBA colleagues in the same position. Even better, after five years from receiving their MBA, average compensation was over 80% higher. Regardless of your intended career path, virtually any position in the business world confers a substantially improved financial benefit with an MBA in hand.
3. Job Security
In periods of economic upheaval or corporate restructuring an MBA is a valuable qualification to ensure your value stays apparent. The advanced skill set that comes with an MBA education makes its holder more valuable to an organization, drastically reducing the chances of underemployment or job loss.
While students typically pursue an MBA with thoughts of the career benefits after completion, many forget that MBA programs are also extraordinary resources for building networks in the business community. Many of your classmates will likely pursue influential positions in the business world and your time together is a fantastic opportunity to build friendships, make connections and discover opportunities you would otherwise miss.
These are just four of the reasons why pursuing a fast track MBA is a stellar career move. If you’d like to learn more about giving your career in the business world a jump-start through advanced education, contact us at the University of Sioux Falls.