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You may ask, what is an MBA Degree? An MBA stands for Master In Business Administration and is one of the most successful and sought-after programs universities offer. Google, Amazon, and McKinsey hire MBA grads by the thousands. Additionally, some of the world’s most notable personalities like Michael Bloomberg, Google CEO Sundar Pichai, and NBA star Shaquille O’Neal have MBA degrees. So, what we’re saying is that MBAs are cool.

With that said, let’s dive into 16 reasons why you should get an MBA degree.

1. Take Your Career To New Heights

MBAs grads lead some of the world’s best firms like Apple, McKinsey, Amazon, Google, and Coca-Cola. Getting an MBA can land you a management position.

2. Double Your Salary

MBAs grads get paid some of the best salaries in the job market. MBA grads from middle schools can earn $130,000 a year. MBA grads from the best business schools can earn almost $200,000.

3. Switch Industries

If you are looking to change industries, say from finance to fashion. An MBA provides you with the perfect opportunity to start fresh.

4. Get Recruited by Industry Leaders

As we mentioned before, some of the world’s best firms like Google, Amazon, McKinsey, Deloitte, and BCG, among many others, hire MBA grads by the thousands. Getting an MBA degree will “open your eyes to infinite possibilities,” says Julia Sanchez, head of global alumni relations at IE Business School.

5. Get an MBA Online

You can get an MBA online if you are busy with a job or housework. Pearson Pathways provides accredited online MBA programs for people who can not attend colleges.

6. Study and Work in World’s Top Cities

MBA degrees are offered by the world’s top business schools across the globe. You can travel to your favorite location and earn a degree that opens up infinite possibilities for you. You should also check out BusinessBecause’s list of the best countries to work in for MBA grads.

7. Start Your Own Business Company

If you dream of starting a business, an MBA is the best option. It will provide you with all the tools, support, and confidence to start your venture and succeed. Also, to boost your confidence, Nike, Gap, and Victoria’s Secret were all started by MBAs.

8. Support From Your Business School

Some business schools go above and beyond for their graduates looking to start their own business. ESSEC Business School in France provides its MBA entrepreneurs with a rented office space and even sets up meetings with potential investors.

9. Get Into Silicon Valley

If you dream about working for Apple, Google, or Facebook, an MBA from Stanford, Berkeley Haas, or UCLA Anderson can increase your chances of getting in as they have strong ties to these tech giants.

10. Become a Leader

Business schools create the world’s future leaders in business. So, if you want to become a business leader, an MBA degree will teach you all the leadership techniques. It will also have you apply those techniques repeatedly until they become habits.

11. Learn to Close Deals

Whether you choose to work for an employer or start your venture, you will have to close deals with clients to get paid. Business school will teach you how to persuade anyone and close deals.

12. Get Jobs in Cyber Security

Businesses are constantly at risk of getting their information stolen. Proprietary information getting leaked online can cost businesses billions of dollars. If you ever wanted to be a hacker, exciting jobs in cyber securities are available to MBA grads. In addition, here’s a list of some of the best-paid jobs in the field of tech.

13. Learn Public Speaking

An MBA degree will teach you how to communicate and give you the confidence to become a master orator.

14. Develop a Professional Network

Networking is an important part of the business. You will gain access to opportunities and information you might not be able to find on your own. An MBA degree will open the doors for you to meet industry experts and climb to the top.

15. Get Mentored by Experts

Having a mentor in business is important. Schools like the Maastricht School of Management (MSM) partner their students with mentors from various industries.

16. Up Your Resume

Even if you don’t have any professional experience, an MBA degree on your resume is an impressive stamp.

Highest Paying MBA Programs

So, which business schools will have the biggest impact on your salary jump and ROI.

According to QS data, the top business schools are:
Stanford Graduate School of Business. It is located in Stanford, California, USA. The average salary after three months post-graduation is $152,503.
The Wharton School. It is located in Philadelphia, Pennsylvania, USA. The average salary after three months post-graduation is $150,000.
Columbia Business School. It is located in New York City, New York, USA. The average salary after three months post-graduation is $150,000.
Harvard Business School. It is located in Boston, Massachusetts, USA. The average salary after three months post-graduation is $148,750.
The University of Chicago Booth School of Business. It is located in Chicago, Illinois, United States. The average salary after three months post-graduation is $145,000.
Simon Business School. It is located in Rochester, New York, USA. The average salary after three months post-graduation is $142,000.
MIT Sloan School of Management. It is located in Cambridge, Massachusetts, USA. The average salary after three months post-graduation is $140,000.
Tuck School of Business. It is located in Hanover, New Hampshire, USA. The average salary after three months post-graduation is $139,046.
The Kellogg School of Management. It is located in Evanston, Illinois, USA. The average salary after three months post-graduation is $138,052.
Haas School of Business. It is located in Berkeley, California, USA. The average salary after three months post-graduation is $137,819.
IMD. It is located in Lausanne, Switzerland. The average salary after three months post-graduation is $135,635.
The Fuqua School of Business. It is located in Durham, North Carolina, USA. The average salary after three months post-graduation is $135,397.
NYU Stern School of Business. It is located in New York City, New York, USA. The average salary after three months post-graduation is $135,299.
The University of Virginia’s Darden School of Business. It is located in Charlottesville, Virginia, USA. The average salary after three months post-graduation is $135,168.
Cornell SC Johnson College of Business. It is located in Ithaca, New York, United States. The average salary after three months post-graduation is $131,150.

Conclusion

Getting an MBA degree is an excellent choice for your career. It is certainly challenging but not difficult to complete. Also, it will require a lot of effort and dedication on your part. But if you are determined and never give up, then you will be rewarded with the life of your dreams in the end.

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