2015 is looking like a prime time to be an MBA student or graduate. Here are some of the top reasons to return to school for your online Master of Business Administration degree.
Employers are actively looking for MBA graduates
It is not the bachelor’s degree that holds all the power anymore, as employers are planning on hiring MBA graduates in greater numbers than they did in 2014. A whopping 72 percent of employers reported this fact, making an MBA a smart tool to have on your resume. Management, finance and accounting MBAs tend to make the biggest waves in the employment sector, but that does not mean other graduates are left out. Earning a higher degree reflects a person’s dedication and intelligence.
Fact: 72% of employers expect to hire MBAs in 2015
Internships enhance your experience and chances of school success
Businesses are testing the waters by offering internships where they did not in the past. Online MBA graduates may not see the value in an unpaid internship, but internships can help get a foot in the door for a dream job. When you want to work at a particular company, you can use the internship as a stage to perform, showing the employer you are worth a paid position. It is much easier to hire from within than to gamble on a new employee.
Fact: 55% of employers will offer internship opportunities for graduate-level business students
Starting salaries are increasing
Starting salaries are often based on a company’s hierarchy and senior-level pay rates. Human resources departments are trying to make starting wages livable, so they are working with current inflation rates to base their offerings. MBA graduates have better chances at high paychecks the moment they enter the doors instead of working for years to catch up. Employers know there is a huge competition for the best MBA candidates, so their starting packages must reflect their enthusiasm.
Fact: Over 50% of employers plan to increase base salaries for MBA recruits
Specific master’s degrees are being sought out by employers
About 41 percent of employers want MBA candidates with a concentration in management for 2015 hires. Managing a group takes more than just communication skills. Multicultural understanding, respect and industry knowledge are required of almost any manager. Because these master’s degrees translate to almost any industry, they are perfect choices for candidates looking to alternative opportunities. You could build up your management skills at one job and look for another with a more lucrative future.
Fact: 41% of employers plan to hire masters in management grads
Master’s degrees are stepping stones to better jobs
There are no major announcements from employers looking for bachelor’s degree holders in 2015. This degree is certainly an achievement, but master’s degrees are more coveted by many employers. Future MBA graduates may look to online programs to complete their credits. They can work during the day and study by night. Perseverance for a degree translates to a better job after program completion. MBA graduates have a lot to look forward to in 2015 with networking and strong communication skills as their supplemental tools.
Fact: 96% of employers across the globe agree that hiring from business schools creates value for their companies
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