Strategic business skills. Up-to-date industry insight. Professional and personal development. Studying for an MBA is a significant financial investment, but the benefits of gaining the qualification are many and varied, and one that can pay off generously. Just how generously? We explore this topic in more depth below.
A catalyst for greater earning power
An MBA has long been a means of accessing higher-tier, higher-paid management and leadership positions in business, and recent research suggests it’s lost none of its potency.
What’s more, businesses are continuing to seek MBA graduates for their top jobs. As part of a survey of 350 global employers, the Graduate Management Admissions Council (GMAC) reported that 78% planned to hire professionals with an MBA in 2019, a rise on the share that made MBA hires in 2018 (77%). A separate GMAC study found that 84% of empoyers intended to increase MBA starting salaries in 2018. Not only are employers the world over still actively targeting MBA graduates, but channeling the expertise our programme helps you to develop can help to increase your earning potential; all encouraging news for anyone looking to make themselves more marketable through an MBA.
A flexible route to a salary-boosting MBA
Of course, improving your earning potential through an MBA only counts if you can actually study for one, and then apply those learnings to your career. Many professionals in the midst of busy and demanding jobs simply cannot spare the time to attend business school, and still more would need to relocate in order to access an MBA programme.
Online study can bridge that gap, eliminating geographic limitations and offering participants the freedom and flexibility to study when and where they choose, even around a full-time position. Working and learning simultaneously can be a winning formula for those who opt for an online MBA; the opportunity to apply your new skills immediately within real-world roles can accelerate participants towards salary gains all-the-more rapidly.
“It’s totally worth the investment you will make because you can act on your learning immediately,” agrees our online MBA participant, Niel Van Meeuwen.
“Just the fact that I am an MBA participant has created new opportunities for me, as people see it as a mark of quality. I’ve had the chance to participate in bigger projects with more impact, which is exactly why I did it.”
Bolster your salary through accessible online study
An online MBA programme like ours provides our participants with an immediately impactful qualification, enabling them to hone their commercial insight, improve their earning power and emerge as business leaders, all without taking a career break.
To find out more about how our Online MBA could boost your skills and your salary, please download a brochure.