These days, going back to school for further education is becoming more common among young professionals. A lot of people are realizing the value of investing in further education as a means to further their career as well. This is best done when they are young, when it is easier to juggle responsibilities that work and school will pose.
One of the most common yet most challenging postgraduate courses that is being considered by many is a Master in Business Administration or MBA. Singapore is well-known for having several top-notch universities with admirable business programs, so it is no wonder that students choose locally for their further education.
An MBA is one of the most versatile postgraduate courses. You don’t even need to be a business graduate to qualify, but it is recommended to have some prior work experience. An MBA typically takes 1-3 years to complete, depending on your chosen schedule and workload, but it is a course that will help you reap rewards even after graduation.
Here are some advantages of taking an MBA. Singapore is home to many schools that will fit your schedule and budget, so if you’re convinced, don’t let anything stop you!
1. You get a higher salary.[/b] Generally, professionals with an MBA under their belt are considered more experienced than their counterparts who only have bachelors’ degrees. Having an MBA has the expectation that you are able to bring more to the table, thus employers will offer you a bigger salary in exchange for the ideas and innovations you have. Some employers may be supportive of you going for higher learning and may even supplement your schooling. According to several sources, MBA course graduates may have a salary increase of 40%-70%. In 2-3 years, you can already earn back what you spent in getting the degree.
2. You have better career opportunities.[/b] An MBA is advantageous in so many ways, but most in the fact that it is flexible. No matter what industry you are in, an MBA will be your advantage because companies will always need to hire people for management positions who have more to offer. MBA-holders are often considered more for jobs and even promotions, because the prestige of the degree also comes with the knowledge that it was worked hard for in between juggling responsibilities—an admirable feat, and one companies would like their employees to emulate.
3. You gain a new skill set.[/b] This goes without saying, but studying again helps you keep your mind sharp. You gain current knowledge about the industry, and even in-depth strategies that will help you in your place of work eventually. The simple act of studying while working also helps one with basic values like discipline, and helps in creating an admirable work ethic that is another plus when the employers start evaluating your performance.