An MBA is one of the most popular courses in the world, with countless students pursuing this qualification at universities and business schools all over the world.
So, why do an MBA? There are a number of excellent reasons to pursue a Master of Business Administration, from career growth and earning potential to networking and entrepreneurship opportunities.
Why Should You Pursue an MBA? 6 Reasons an MBA Will Help Your Career
1. Accelerate Your Career
An MBA is one of the best ways to fast-track a career in the business sector, as well as a range of other fields. An MBA programme equips you with many essential business skills, from leadership and strategy to communication and negotiation. You’ll gain in-depth knowledge of business strategies, theories, and global markets.
An MBA is also a valuable qualification. Increasingly, employers look for graduate qualifications, especially for middle-management and more senior positions. When applying for a role at a new company, a recognised MBA will make you stand out from other candidates.
Equally, an MBA can help you move up within your current company, not only by increasing your value to your employers through expanding your skills and knowledge, but also by demonstrating your commitment to professional development.
2. Boost Your Salary
Professionals with a master’s qualification are better paid on average compared to those with a bachelor’s degree only.
- In the UK, MBA graduates earn around £50,000 a year, compared to £27,000 for those with a lower level of education
- MBA holders earn an average salary of €126,000 in Switzerland and €100,200 in France
- Master’s degree holders in the US have median weekly earnings of $1,545, compared to $1,305 for bachelor’s degree holders
An MBA is also an excellent way to transition to a new sector or change career tracks.
3. Take Your Business to the Next Level
Entrepreneurs can greatly benefit from getting an MBA. An MBA will equip you with the skills and knowledge you need to run a successful business.
Many business owners are subject-matter experts, but may lack the more general business skills necessary to take their business to the next level. By studying for an MBA, you’ll gain a thorough grounding in business concepts and learn the latest approaches and techniques.
You’ll also make a large number of useful connections through your MBA programme that can be invaluable in supporting your business.
4. Become an Exceptional Leader
If you want to progress your career in business, you’ll need excellent leadership skills.
An MBA will help you to develop and hone your leadership skills by:
- Exposing you to various management techniques and theories
- Helping you to hone your communication skills, an essential part of being a great leader
- Allowing you to practise collaborating with others, as well as negotiating for the outcomes you want
- Giving you practical experience in receiving and responding to feedback
- Providing practical experience in leading others, through internships and group projects
- Exposing you to mentors and role models who are exceptional leaders
EDHEC Online MBA students participate in our innovative Transform360 programme that allows them to hone their leadership skills and prepare them for future leadership roles. This personalised program uses a range of advanced tools and is tailored to each student’s needs and goals through one-on-one coaching.
5. Build Your Network
The importance of networking in the business world is well-recognised. Joining an MBA programme is a fantastic way to build your network and make invaluable connections. You’ll meet fellow students from diverse backgrounds, work with teachers who are leaders in their fields, and connect with business leaders and potential future employers.
What’s more, many MBAs have a diverse, international student cohort. This allows you to build a global network that could help you to land roles overseas or pursue global business opportunities. EDHEC MBA cohort is incredibly diverse, with students from a large number of countries and backgrounds.
6. Customise Your MBA to Your Needs
Not all MBAs are the same — far from it.
When you join EDHEC Online MBA, you can personalise your programme to meet your needs and career goals, first via the specialisation track in either Strategic Foresight & Innovation or Finance of Climate Change & Sustainable Investing. EDHEC Business School offers a portfolio of 3 MBAs. Choose the one that best fits your goals, experience, and professional and personal schedule.
Now that you know many excellent reasons why do an MBA, all that’s left is to find the right programme for you.