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Savio Cabral
The decision to pursue an Online MBA could not be made at a better time. Employers today are demanding more education from their employees than ever before. An accredited online MBA degree will carry significant value in any organization's hiring and career advancement decisions. Plus, there is a direct correlation between higher salaries and earning and MBA.
In difficult economic times, going back to school to build new skills -- and make yourself more attractive to future employers -- becomes extremely popular, even for people with full-time jobs. MBAs are especially popular since the degree is usually meant to prepare someone for more advanced, leadership roles in business (or even government). But is an MBA degree worth the extra years of schooling -- especially when you could be spending that time working full-time?
The numbers are still very persuasive. Statistics from the Graduate Management Admissions Council (the folks who administer the GMAT) indicate that in many cases someone's pre- and post-MBA salary can jump 50% or more. For example, someone working in marketing making an average of $42,000 before getting their MBA can make an average of $80,000 after receiving their degree. That's nearly doubling your money!
An MBA may not be equivalent to a winning lottery ticket, but the odds are good that your earnings will increase after earning your degree -- making those extra years of school worthwhile. Just be sure that you're pursuing the right degree for the right reasons and, of course, good luck with that graduate school application!
According to the Association to Advance Collegiate Schools of Business (AACSB), enrollment in master's degree in business administration programs has grown steadily since the early 1970s. In the 1969-1970 school year, there were 21,561 students in MBA programs. By 2004, that number had soared to 139,344 students. Enrollment in MBA programs continues to grow every year, as students discover how financially and professionally enriching MBA programs can be. The recent rise of online MBA degree programs offers students new, convenient options so that now an MBA program can fit into even the busiest schedule.
if you choose to enroll in an online MBA program, your rate of return on your investment might be even higher. Online MBA degree programs' flexible course scheduling allows you to continue working full-time while earning your degree, eliminating the cost of your lost income. Many employers also offer tuition reimbursement for MBA programs, further easing your financial burden.
In difficult economic times, going back to school to build new skills -- and make yourself more attractive to future employers -- becomes extremely popular, even for people with full-time jobs. MBAs are especially popular since the degree is usually meant to prepare someone for more advanced, leadership roles in business (or even government). But is an MBA degree worth the extra years of schooling -- especially when you could be spending that time working full-time?
The numbers are still very persuasive. Statistics from the Graduate Management Admissions Council (the folks who administer the GMAT) indicate that in many cases someone's pre- and post-MBA salary can jump 50% or more. For example, someone working in marketing making an average of $42,000 before getting their MBA can make an average of $80,000 after receiving their degree. That's nearly doubling your money!
An MBA may not be equivalent to a winning lottery ticket, but the odds are good that your earnings will increase after earning your degree -- making those extra years of school worthwhile. Just be sure that you're pursuing the right degree for the right reasons and, of course, good luck with that graduate school application!
According to the Association to Advance Collegiate Schools of Business (AACSB), enrollment in master's degree in business administration programs has grown steadily since the early 1970s. In the 1969-1970 school year, there were 21,561 students in MBA programs. By 2004, that number had soared to 139,344 students. Enrollment in MBA programs continues to grow every year, as students discover how financially and professionally enriching MBA programs can be. The recent rise of online MBA degree programs offers students new, convenient options so that now an MBA program can fit into even the busiest schedule.
if you choose to enroll in an online MBA program, your rate of return on your investment might be even higher. Online MBA degree programs' flexible course scheduling allows you to continue working full-time while earning your degree, eliminating the cost of your lost income. Many employers also offer tuition reimbursement for MBA programs, further easing your financial burden.
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