key career benefits of an MBA degree.

1. New job positions are open to you.

When you earn your MBA, the number of positions that are available to you rises dramatically. According to The Economist, job opportunities for MBA graduates are rising.

2. New career paths are open to you.

an MBA will provide the education and skills needed to help you become a more qualified candidate.

3. Your earning potential increases.

A recent study showed that the average MBA graduate’s pay was 50% higher than their position before earning their degree. Even more impressive, in the five years after earning their MBA, the average pay increased by 80%.

4. Your professional skills improve.

an MBA is that it improves your theoretical and practical knowledge of how businesses operate. A key component of success in business, or any endeavor for that matter, is having a compliment of “soft skills,” such as communication, teamwork, and leadership.

5. You enjoy greater job security.

an MBA is a more marketable skill set and greater job security, which may contribute to your peace of mind. The skills you develop in an MBA program will make you a valuable member of any team. Even if you leave your job, your business qualifications travel with you, increasing the probability of returning to work more quickly.

6. Your world perspective grows.

An MBA broadens your enterprise knowledge and helps you understand the nuances of operating in a global marketplace. Many of today’s best programs include an overseas immersion trip so that graduate students have a first-hand look at how to manage a business in a global arena. Choosing a program that attracts international students will further add to classroom diversity and enlighten the discussions. Don’t underestimate the advantage of this added benefit in today’s global economy.

7. You expand your professional network.

A strong professional network is one of the most valuable assets that you can have in business. a recent MBA graduate said that attending business school helped them to develop a strong professional network.

8. You are more knowledgeable in areas most important to your career.

The right MBA program can teach you the skills you must possess in order to succeed in your chosen career. Specialized MBA programs, i.e., those that offer concentrations, can be useful for people who are focused on a particular career or industry. On the other hand, do not underestimate the value of a general MBA program. General programs teach a wide range of skills that are useful in almost any job function or industry, which may be important if you are considering a career change.