If you’re considering business school, now is a great time to get started. As recipients of the most popular master’s degree in the U.S., nine out of 10 MBA graduates consider their degree to be a good to outstanding value, according to the Graduate Management Admission Council.
Advantages of an MBA can include career growth, hiring opportunities, diverse and hands-on business experiences and flexible scheduling. Keep reading to learn the top six reasons why you should get your MBA.
1. Career Growth
Whether you’re planning to change career paths or grow within your current field, attending business school provides the experience you need to pursue new opportunities. For employers, your MBA can demonstrate your desire to learn, advance in your career and bring an in-depth leadership perspective to current business issues.
From a hiring perspective, the Graduate Management Admission Council released a report early last year that showed an upward hiring trend for MBA students. In 2017, 79 percent of employers expected to hire candidates with MBAs, according to Poets & Quants, a leading source on business education. This hiring forecast was up over 10 percent from the previous year.
At the UNCG Bryan School of Business and Economics, students in the Early Career (day) MBA program reported getting into their chosen career fields nearly 100 percent of the time, according to a recent survey by Bryan Career Services. With the option to choose a concentration in finance, information technology, marketing, supply chain management, or business analytics, students can focus on course work applicable to their desired career path.
Compared to more narrowly-focused postgraduate degrees, MBA programs attract a wide array of students with varying backgrounds and interests. This wealth of life experience provides a range of perspectives for students to discuss, consider and, ultimately, apply to their own roles and companies.
This diversity of thought is also reflected in the faculty and staff of the UNCG MBA program. Many faculty members have industry experience, which allows them to provide real-world examples of topics covered in the textbooks. From local non-profit organizations to Fortune 500 companies, our advisory board is composed of leaders who provide input to keep our program ahead of challenges across industries.
Most business schools offer part-time or evening courses, in addition to full-time programs. These options are designed to give students the scheduling flexibility needed when juggling work, family and other life priorities. Full-time programs allow candidates to complete their MBA and move to their post-graduate career in the quickest timeline possible. On the other hand, part-time programs allow students to complete their degree without quitting their full-time jobs.
At the Bryan School, we are proud to offer two types of MBA programs. Our Early Career program offers daytime classes for students wishing to enroll full time or part time, and our Experienced Professional program offers evening classes. Working with our students to find a program that best fits with their needs and schedule gives every candidate a custom fit.
The course work in a MBA program is only the beginning. While most associate the networking at a professional MBA program with internships and company contacts, there is also huge potential to make connections with fellow students. Perhaps it’s where you meet your newest business partner. Larry Page and Sergey Brin met in a postgraduate program, and their research project ended up as the basis for Google.
Aside from company contacts and fellow students, UNCG’s Bryan School provides an extensive network of more than 24,000 successful alumni in industries across the board and locations around the globe. Alumni enjoy giving back to their alma mater, including making themselves available to connect with current students and graduates.
There are many aspects to business school, and cost is no doubt a consideration to those pursuing an advanced degree. It is important to weigh the value of tangible benefits, such as the impact the degree will have on your career growth and salary, as well as the intangible benefits, such as the impact of the experiences, connections and your own long-term growth.
On average, MBA graduates of the UNCG Bryan School report faster promotions. Comparing reported salary increase to our low tuition cost creates one of the best returns on investment.
6. Experience & Internships
From international travel to internships with local organizations, MBA programs provide experiences uniquely suited to develop leaders for today’s complex business world. Learning frequently extends beyond the classroom, giving candidates opportunities to present, collaborate and work with real-life business issues in real time.
At the Bryan School, there is 100 percent student participation in hands-on experiences, including internships and faculty-led consulting projects. Opportunities to experience business in foreign cultures are also available for both our Early Career and Experience Professional programs.
“One of the most interesting things was the holistic curriculum the program offered, as it intentionally ties the disciplines together to allow broader, more complete viewpoints to be formed. Moreover, the advantage of a small class is that you develop strong, lasting relationships with your peers. Our class was filled with intelligent and dynamic students who each came with a different background and set of experiences to share. I have learned a great deal from my classmates; they have helped to crystallize the in-class and extracurricular learning that will forever represent my experience in the Bryan MBA program.”
UNCG MBA GRADUATE ’12
The combination of tangible benefits with the experiences and connections from business school has proved to be a launching pad for many careers. These six reasons why you should consider an MBA are just the beginning.
If you’re interested in learning more about the MBA program at UNCG’s Bryan School of Business and Economics, please fill out this form for more information.