Monday, March 9, 2020
Considering An MBA Heres How It Can Help
Considering An MBA Heres How It Can Help If youre a student or young adult considering applying for an MBA program in 2017 or the near future, youre likely to come across a few articles and opinions attempting to dissuade you from doing so. The argument is becoming increasingly frequent and familiar the MBA is expensive and no longer represents quite the guarantee it once did in terms of employment and income. Just this past summer, The Economist, which covers a huge sortiment of topics relating to business and economics, wrote an analysis suggesting that MBAs are no longer prized by employers. This goes even a step beyond the more typical refrain that the workplace is simply too competitive to expect an immediate ROI with an MBA. You get the idea. Doing your research online, youll come across a lot of reasons to try to enter the workforce rather than pursue an advanced business degree. And for many individuals, this ends up being the right decision to make. Im not here to argue that you should absolutely attend business school. However, I would suggest that its almost trendy to say the MBA isnt worth it, and that for many reasons, its still a very valuable degree. Below Ill touch on a few of those reasons, particularly with regard to young women seeking careers in business. Youll location Yourself For Higher SalaryHeres a very interesting thing about the popular arguments against the MBA even some of them will acknowledge that employees with MBAs can often earn higher salaries. Indeed, the same report cited above from The Economist stated recent MBA graduates can expect to increase their salary by 79%. The caveat welches that MBA on a rsum doesnt necessarily lead to finding a job in the first place. Nevertheless, this is an appealing benefit for women pursuing business degrees. With salaries still uneven across the gender gap, pursuing a degree that frequently elevates earnings has certain logic to it. Youll Learn LeadershipWhen youre pursuing an MBA, leadersh ip is of the utmost importance. In fact, it tends to be emphasized before youre even enrolled. I was struck some time ago by Menlo Coachings focus on leadership. This site is dedicated to helping students with MBA applications, and it included a detailed explanation of how to tackle the leadership question by conveying leadership experience and strategies. The very fact that this is such a big aspect of the MBA application shows just how much its prioritized in business school education. Learning leadership skills is vital for any woman looking to succeed in the world of business, which is still dominated by men in most instances. Youll Gain Real Knowledge & ConnectionsThis is not specific to women, but its a point that a lot of people seem to be ignoring unterstellung days. I cant stress it enough you do, in fact, learn things in business school Theres so much attention devoted to the price of attendance and the value of the degree that we ignore what happens in between. The chance to learn business from experienced professionals and make connections with alumni, professors, and fellow students can be invaluable. Youll Close The Gender Gap In geschftlicher umgangThis ones fairly self-explanatory, but for a bit of extra reading on it, Huffington Posts Whats Working section hosted a wonderful contribution about why being a woman MBA candidate is a beautiful thing. The post noted that women are everywhere in MBA programs, but also discussed the ongoing gender gap in business.Id ultimately argue that you shouldnt make decisions about your own education and future simply to improve problematic statistics. But the idea that youre helping to even the score is a nice cherry on top, regardless--Patti Conner is a freelance writer hailing from Seattle, Wash. She typically writes about topics related to business, finance, and the workplace, and you can follow her (and encourage her to tweet more) patti_conner14. Fairygodboss is committed to improving the workplace and li ves of women.Join us by reviewing your employer
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