Obtaining a master’s degree in Business Administration, or what is the same an MBA, can have a series of expected and unexpected benefits in your life. In fact, those benefits often extend beyond what your career goals may be and also apply to your non-work life.
If you are not sure pursuing an MBA or trying to weigh the benefits of obtaining it, consider these 10 benefits that we offer you. Some of them may surprise you.
The sense of accomplishment, education, and skills gained from earning this degree can improve your confidence as you make your way in the business world and in life. By earning it while balancing work, family, social life, and other personal commitments (and not losing your sanity), you will find an immense sense of reward and personal achievement.
There are different ways to create credibility in your company and / or in your industry. You could volunteer for a project at work that goes beyond your comfort zone and shows your hidden talents to the administration of the company. You could start a parallel business alone or co-found one with family or friends to establish early credibility as an entrepreneur. Keep in mind that the academic version of credibility in the business world is the MBA degree.
In an MBA you learn to make decisions, top-level managerial skills. Not any type of decision, but fair and effective decisions, always the best for the company.
You become more skillful and versatile, regardless of the sector you work in or want to work in, thanks to widely applicable qualities such as leadership, critical and analytical thinking, creativity, and communication
MBA graduates often possess an innate and insatiable curiosity. They know that there is always something more to learn, and they strive to learn it. Earning this postgraduate sharpens your ability to delve into competitive analysis, study emerging industries, and stay on top of all the latest developments, technologies, and trends in your industry. As Albert Einstein said: “The important thing is not to stop questioning. Curiosity has its own reason for existing. ”
The strategic thinking skills you learn with this degree are applicable not only in the business world, but also in various areas of your life, such as personal goals and finances. You may have multiple options in mind as you work to solve a problem.
MBA postgraduates are often better communicated at work with colleagues, bosses, or employees. But these communication skills can also be applied at home with your partner, children, parents or siblings, as well as in social situations such as networking events or company functions. Being a better communicator is essential in everyday life, no matter where or when you communicate your needs and ideas to find solutions.
Network of professionals
When you obtain your postgraduate degree, you get in contact with professors, colleagues and alumni of the program who begin to form part of your existing network of “colleagues”. This includes people both within your industry and outside of it, and they often span the globe, which can translate into promising opportunities in the future.
More employment opportunities
Many companies now require or prefer candidates with an MBA for a number of roles. Earning this degree significantly expands the number of potential employment opportunities.
A re-energized career
Sometimes you can get caught up in a professional routine. Obtaining this postgraduate degree can get you out of chaos, revitalize past career goals, or help you discover new ones while you study. Whether it’s trying to improve your job position and salary options, or entering the world of entrepreneurship, this experience could be the motivation you need to start a new career.
Financial benefits are generally the reason why many people do this type of program, so since getting higher income and bonuses are some of the most important benefits of getting it, we think it should be included in this list!
From EUDE Business School we offer you the opportunity through our Business Administration and Management (MBA) programs to train you as a true professional, to lead your own project.