Pursuing a Master of Business Administration (MBA) can be life-changing for many business professionals. Michael Hsu of Los Angeles is currently in pursuit of an MBA and is already seeing positive results. He recently discussed five reasons why an MBA is worth pursuing.
Countless New Job Opportunities
One of the top reasons graduates pursue MBA degrees is because of the increased number of job opportunities. More job offers also mean more opportunities for higher pay.
An article published by the Wharton University of Pennsylvania stated that more than 98 percent of MBA graduates from the school receive job offers after graduation. Roughly 94 percent of those individuals accept an offer. The opportunity to exit school and immediately begin working is a significant motivator for many students.
A Broader World View
Many four-year business education programs focus on the U.S. market, while MBA programs offer a broader view. These programs connect students with others from around the globe with varying worldviews and outlooks on the global economy. MBA students learn from highly-educated professors as well as students and business professionals from all walks of life.
Enter an Immediate Business Network
MBA students have a network of their own, including a massive network of more than 100,000 MBA alumni. This immediately connects MBA students with successful business people around the world. Michael Hsu of Los Angeles explained that joining the community of MBA alumni means building lifelong relationships with professionals and fostering more opportunities for business success.
Improved Time Management Skills
Master’s programs are undeniably more challenging and time-consuming than traditional bachelor’s degree programs. Many MBA students hold jobs or pursue numerous extracurriculars while studying for their degree. The juggling of many activities teaches them to manage time efficiently, a skill they carry throughout life and into their careers.
Potential for a Salary Increase
Many business professionals work while they pursue their MBAs. These individuals pursue the MBA to advance their careers and increase their earning potential. The article published by Wharton explained that the average base salary for MBA graduates from the school was $150,000 per year in 2019. On average, individuals with an MBA make 28 percent more than employees without it.
Endless Learning Opportunities
Lifelong learning is a significant key to success. An MBA offers individuals opportunities to learn countless new skills and pursue new career opportunities.
MBA programs teach communication, leadership, analytical, and critical thinking skills that lead to successful lives and businesses. Core curriculum subjects include marketing, ethics, accounting, finance, and economics. Students learn to network effectively, hold conferences, and succeed in advanced group projects. All the skills learned in MBA programs can be applied to daily life outside school.
Michael Hsu and the Pursuit of an MBA
Michael Hsu of Los Angeles has already seen business success. His pursuit of an MBA is to achieve even more in his career. He will attend an MBA program out of state in the coming fall and encourages his colleagues to consider the benefits of pursuing an MBA to achieve success.