Earning an MBA to launch your career growth
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Are you ready to launch your career to the next level? You have been thinking about ways to advance your career. Those next steps. Those next pivots. Those higher positions. What will it take, though, to propel your career growth forward?
Your career journey is one that you steer, and it requires a lot of focus, dedication, and strategy. One path that is open to propelling you forward on your career journey is earning an MBA. By earning your MBA you can launch your career growth.
There are numerous directions your career can go when you have earned your MBA. Your career growth can take to new avenues and boosts, as most companies prefer an advanced-level degree, particularly for managerial and executive-level positions. Here are some of the ways earning an MBA can launch your career growth.
Higher and better positions
Obviously, when it comes to business, you do not want to stay stagnant. You want to grow and grow, and, in the business environment, this looks like promotions; hence, higher positions. Higher-level positions come with increased requirements and responsibilities. Most hiring managers will prefer candidates who hold an MBA.
Earning an MBA puts you in not only a better position for promotion but increases the probability of you being selected for a higher ranking job at any point in your career journey due to the increased competitiveness in your resume. Additionally, you will increase your chances of employment at top companies with great benefit packages.
Higher salary
MBA professionals are regarded as valuable assets for businesses and are given various incentives such as high compensation. It is no secret that business professionals, especially those who are MBA graduates, are among the best paid. MBA holders earn a higher salary because of the skills utilized in their roles to support business strategy, operation, and profit.
New hires, who hold an MBA, can possibly earn as much as $115,000 as a starting salary; but, this is still dependent on a number of other factors, including position, professional background, and school.
New opportunities
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As an MBA graduate, you are privy to exciting offers. Companies value the skills that are developed and refined during graduate studies. You have the potential to get incredible offers left and right that will certainly grow your career.
Perhaps you have other intentions on how to grow your career. If it involves entrepreneurship, you are still in luck. Those skills honed during your MBA courses are also advantageous as an entrepreneur for grabbing the best offers, finding your ideal clients, and ultimately building and growing your business.
Being an entrepreneur puts you in the unique space to carve out a unique launch pad for your growth and do the same for others. Your new business can create opportunities for other business professionals. Holding an MBA encourages investors, employees, and other stakeholders to have confidence in your leadership and business skills, and thus your success.
Networking
Networking is an essential business skill that every business professional must foster. Those who study business management possess a wider scope of business networking and hold true that “your network is your net worth.”
Most degree programs have established different organizations and processes that allow their students to grab offers even before they have graduated. There is also the added benefit of alumni, club, and business meetings that gives students the chance to expand their professional circle with the plus of internship opportunities.
Connections are important. While making business contacts is useful for getting a job, particularly when fresh out of school, they are integral to your growth. In your network, it is vital to build relationships with those who can share their knowledge and experience with you, support your journey, and even be a sounding board at times.
When graduation time comes, of course, students want to be confident in securing job prospects. For this reason, a little prework is recommended to find the school that best fits your academic needs, lifestyle and also presents the best chance of employment following graduation. There are options whether you choose the traditional or online route.
Better flexibility
Better flexibility comes in two ways: study and career moves. With the advancement in education technology, you have increased flexibility for studying. It is possible to study and work at the same time and even have your company fund your degree.
After earning your MBA, you will be equipped with enhanced skills and knowledge about your industry that can benefit you in the long run. All of the vital skills you gain over your course of study can be considered transferable skills. Transferable skills make it easy to pivot, enter different industries, and change careers.
Job satisfaction
While high salaries and superb benefit packages may be the dream, work is more than pay. Salary does not offset everything else one must consider in their working environment. No amount of money can keep someone in a job that is toxic to them. At times, it may be better to take the lower-paying position when playing the long career game. You have that option.
Job satisfaction is shown to be higher when employees enjoy their work, find meaning in their work, and have a healthy work environment. As an MBA graduate, you can strategize your career growth better and assess the path you want to take that fosters job satisfaction.
Launching your career forward with a business degree
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If you already have an MBA Degree, put it to good use! You can even build on your MBA by adding a specialization (if you are in the process of completing your degree) or getting certified in specific business knowledge areas such as risk management or with certain tools and methodologies like agile.
You have many options when it comes to launching your career growth. Deciding to earn your MBA, can set your foundation for your career growth. It is a solid investment for the ambitious business professional wanting to climb the career ladder. Discover what programs are right for you and propel your career forward.
