It is a known fact that business school graduates get substantial salary increases. But aside from higher income, what else can an MBA offer?
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Vital business skills
Business school provides individuals new knowledge that will be advantageous in their career. While there are those who think a job in consulting or finance will bring them bread and butter, there are other positions that can be an option too. There are MBA graduates who work in health care, government institutions, and tech companies. MBA strengthens one’s leadership, creativity, and critical thinking skills. Having a thorough understanding of the changing business world can help MBA graduates survive shifting trends.
Higher marketability
Obtaining an MBA can help individuals increase their job security. It is also a differentiator in a competitive workplace. A lot of employers believe having an MBA sets an individual apart from the rest because of the skills and knowledge they have acquired in business school.
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Wider network
Entering business school means having to work with talented people from different cultures and organizations. These connections people make during and after their MBA stint are valuable ones, as these contacts can bring greater opportunities in the long run. Be it business partnerships, employment, or mentoring, these connections are priceless.
Patrick Dwyer of Merrill Lynch believes that education is vital for the growth of businesses. Read more articles like this Patrick Dwyer of Merrill Lynch.
