Will an MBA Give You a Competitive Edge in Your Career?

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Posted by Elizabeth Retton

One of the first signs that the nation’s long slumbering economy is ready to rouse itself from the recent recession is the expansion of businesses and the hiring of additional management or executive positions. A recent Corporate Recruiters Survey, released by the Graduate Management Admission Council in 2011, found that 67% of employers expect to hire on managerial talent in the upcoming year. In order to capitalize on the positive economic indicators which are poised to make 2012 a rebound year, people with an educational background in business, finance or accounting may be considering the pursuit of a Master of Business Administration (MBA) degree. This advanced degree is highly sought after by Fortune 500 companies, Silicon Valley technology firms and a wide range of franchises, corporations and other business enterprises. If you already have a solid foundation of business education, you may find yourself increasingly drawn to the idea that attaining your MBA may give you a competitive edge in your career. To answer this question effectively you must consider a variety of factors very carefully and assess your personal circumstances honestly and objectively. By doing so, you can be sure that your decision when it comes to earning an MBA degree is the right one for you.

The admittedly hefty costs of enrolling in an accredited university and attaining your MBA should be realistically offset by the increased income your degree entitles you to. This means you should diligently research your particular profession, whether you are an accountant, work in marketing, or hope to own your own business. Each career under the MBA umbrella is unique and provides distinct benefits to those who seek an advanced business degree, so be sure that your particular profession offers incentives to those holding an MBA degree. The next thing to keep in mind is that an MBA, like any certification or degree, will only take you as far as you are willing to go. Simply earning the degree is only the first step, and you should be prepared to devise a detailed, long-term career plan to help guide your progress. Whether your ultimate goals include financial compensation, advancement up the corporate ladder, or increased authority and responsibility, an MBA can definitely give you a competitive edge but it is your dedication, skill and talent that will push you to the next level.

One of the more intimidating aspects of considering an MBA in your future is the idea of returning to school. For most adults who are pondering the choice to pursue an advanced business education, family concerns and professional obligations make it difficult to immerse yourself in the university experience. Fortunately, today’s accredited and qualified online business programs, such as Devry University or the University of Phoenix, offer a diverse array of online MBA programs. By pursuing your MBA over the internet, you can move at your own pace and received detailed instruction tailored to your time constraints. As the saying goes, knowledge is power, and an MBA certainly provides you with both.

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