Employers increasingly favor employing candidates who have earned a bachelor’s degree from a reputable university. According to Zety, about 33% of employers believe that an applicant’s academic credentials directly impact their likelihood of employment.
However, there are several possible explanations for such a phenomenon. The most obvious answer is that over the past ten years, more abilities and skills have become necessary for various professions.
Why does this matter? Simply put, 2022 is the ideal moment to earn a master’s degree, and majoring in business is the best choice. You’ll attend various fundamental and advanced courses when enrolling in an MBA program.
Plus, specialization options are endless, from finance to accounting to everything in between. So, with that in mind, here are a few obvious reasons why an MBA is the best degree to have in 2022 and why you must obtain one too.
1. It Will Allow You to Take Advantage of Various Online Degree Options
Contrary to what people believe, an online degree requires the same effort and time as its campus-based counterpart regarding coursework. However, if you connect with your professors and adhere to deadlines, an online structure will give you more flexibility.
Furthermore, it won’t matter where you are. In fact, with an online MBA, you can set your own learning schedule according to your time constraints. Plus, you can use online learning materials to review past lectures, especially if you don’t want to ask the lecturers to repeat a specific section more than once.
If you’re concerned about how long does it take to get an MBA, it depends on the program you choose. But, typically, an online MBA from a reputable university can be completed within a year or two. So, consider enrolling in an online MBA degree today and enjoy the various benefits millions of other students are taking advantage of.
2. It’ll Help You Become Your Own Boss One Day
Who doesn’t want to be their own boss? Who wouldn’t like to work according to their own schedule without having to answer to the higher-ups? This dream will become a reality thanks to the information and abilities you gain while studying for an MBA.
You’ll learn everything it takes to set up and operate a business successfully, including how to write a business plan, attract customers, and create a winning marketing strategy. Ultimately, an MBA will allow you to enter the entrepreneurial sector first and succeed, regardless of the type and size of business you want to set up!
3. It’ll Help You Improve Your Communication Skills
While studying for an MBA, you’ll learn how to polish your communication and other skills that will help you improve your personal and professional life. You’ll brush up on your abilities to talk and relate with everyone around you, from drafting reports to communicating with people from all cultures and backgrounds.
Additionally, you’ll learn to assess people by actively listening and observing their body language. You will gain from that in your job life and regular social encounters.
4. It’ll Help You Improve Your Budgeting and Accounting Skills
Ineffective financial management is a major cause of business failure. A few accounting and finance fundamentals you’ll learn while pursuing a business degree can provide you the motivation and assurance you need to manage your finances and advance the success of your employer or your own company. But don’t let an understanding of accounting concepts stop you from earning an MBA.
Therefore, consider obtaining an MBA to help you handle accounting and finance-related responsibilities successfully and efficiently while at your job or running your company.
5. It’ll Help You Increase Your Earning Potential
Obtaining an MBA will set you up for management job opportunities with the highest income level, immediately after graduation and over the long term. For example, according to PayScale, the average salary of a health services manager with an MBA is around $82,938 annually. In fact, business professionals actually come in third on the list of entry-level jobs with pretty high starting earnings. Only computer science professionals and engineers have higher starting salaries.
This is fantastic news for students who worry about graduating with a lot of student debt and believe it will be challenging to find employment to pay that debt. So, rest assured you’ll be able to pay off your student loans in no time if you obtain an MBA.
6. It’ll Help You Obtain Marketable Skills
Regardless of your specialization, an MBA will enable you to acquire the knowledge and skills companies seek in potential employees. There will be several opportunities for you to put your MBA to use, where you can advance your career by working in various fields of work, including manufacturing, education, entertainment, hospitality, healthcare, etc.
Ultimately, all of the industries mentioned above need business professionals. Therefore, if you enroll in an MBA program, you’ll obtain both practical and theoretical abilities you can utilize to take your employer’s business to the next level!
7. It’ll Give You Access to an Extensive Network
If you’re unsure why an MBA is a perfect choice, consider the networking possibilities. You’ll converse with students, business professionals, and instructors with extensive business management experience.
Additionally, you have access to the vast alumni network. You’ll get a fresh perspective of how the corporate world works and functions. Therefore, the meaning of an MBA goes beyond academic expertise.
You’ll get tools to help you swiftly comprehend how the business environment changes, enabling you to find fresh approaches to adapt. It will help you understand business difficulties and allow you to learn how to create a link between diverse international situations and global events.
The Final Words
This wraps up our list of reasons you should get an MBA in 2022. So, whether you’ve just begun to contemplate enrolling in a degree program or are actively comparing your options, give an MBA some consideration.
This degree program will help you obtain valuable skills, information, and flexibility that will enable you to work in various industries. You may also make more money during a recession and encounter fewer obstacles.
However, most importantly, an MBA will help you lay the groundwork for a successful professional career that will elevate it to new heights.