Lasting Rewards and Benefits of an MBA

The Master of Business Administration (MBA) targets business leaders and administrators. The graduate degree continues to offer rewards and benefits to adults.

Employees who have a MBA degree can work in a variety of industries including government, non-profit, community, military, financial services, academic and healthcare. Because many colleges and universities offer virtual training programs, students can earn their MBA online or attend part-time or full-time campus programs.

The MBA Degree and Versatility

MBA degrees are recognized and accepted at international schools like the Egyptian Electronic Learning University, London College of Management and Moscow’s International University offer Master of Business Administration degrees. The United States also offers international training programs with the degree. Because of this students can gain employment overseas and fill roles that require a Master’s degree without needed additional training.

MBA degrees also cover a wide range of topics like finance, organizational behavior, marketing, strategic communication, business policy, human resources and project management. This allows students to gain employment across a broad range of industries.

Networking as an MBA Graduate

Collegiate and professional Master of Business Administration organizations like the Association of MBAs, the National Black MBA Association and MBA Association provide job postings, investment clubs, mentoring programs, conferences, international fairs and speaker opportunities for their members.

Graduates can only join the associations if they are currently taking an MBA program or have already earned their MBA degree. Students should ask their business school if they will pay the cost of a one year membership for them.

Master of Business Administration Internships

Financial services firms, government agencies and medical facilities offer paid internship programs for students who are working toward a MBA degree. The graduate school internships extend for two to three years. Students can work full-time at a Fortune 100 company while they continue their education. The work experience and on-the-job training strengthen a professional’s resume.

Professionals who design technological, human resources or financial presentations while they work on a team project at the firm they intern with, should ask their supervisor if they can include a portion of the project material that they created in their portfolio.

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Earnings Potential with an MBA

A May 2019 Graduate Management Admission Council survey revealed that at the peak of the recession, 67% of MBA survey respondents reported that their salaries remained ahead of inflation and that their unemployment rates were below national and regional averages.

94% of the survey respondents noted that they remained employed, part-time or full-time, during the economic downturn. Business leaders with a MBA degree who supervised employees and also managed budgets were surveyed as earning more than degree earners who performed only one of the two functions.

Professor Tenure Tracks for MBA Earners

According to the United States Bureau of Labor Statistics 2018-2019 Occupational Outlook Handbook, four-year colleges and universities typically require full-time, tenure track professors to have a doctorate degree. However, some post-secondary schools will hire professors who have a Master of Business Administration. Professors who have an MBA can be hired by most two-year colleges, certification and licensing programs with a MBA. States like New York require that secondary school teachers have a graduate degree.

Overall, the MBA degree's versality allows graduates to gain employment across a broad range of industries. Fortune 100 companies, government and non-profit organizations also have internship programs targeted specifically toward graduates who have the MBA degree. The degree can also lead to a professor role at a reputable college or university. Finally, networking organizations like the National Black MBA Association and the Association of MBAs offer opportunities for graduates with the MBA degree to network at conferences and online events which can help graduates learn about unique job opportunities.

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