Many employers search specifically for MBA graduates in the hopes that they will grow with the organization. As reported by Fortune, 40% of S&P 500 CEOs in any given year have an MBA. So, why an MBA is important for your career? Another great reason to study an MBA is to move up to a high-level management position. Higher chances of holding a high-level management position Western Europe happens to be the region that recruits the most internationally, making them by far the world’s most outward-looking region in terms of MBA employment. Interestingly, however, citizens from Western Europe are more often contacted by recruiters based in the Middle East and Africa. In Belgium, graduates can expect an average salary of $129,000. and Ireland have the highest salaries in the region. In comparison, the average salary for MBA employment in Western Europe has surpassed expectations this year. On the other hand, it is important to have realistic salary expectations during the job search process. Graduates can expect a significant increase in salary after graduation, as employers acknowledge the advanced and specialized skills acquired during the program and financial investment in tuition fees. Increased pay is surely one of the main reasons to pursue an MBA.
Statistic says you will get a higher salary These are developed during MBA programs through debates, collaborative activities, case-study analyses and presentations. Just take it from Dell’s university relations and diversity manager, Maria Crabtree: “By hiring MBAs with expertise in specific areas, we know that we’re bringing in team members that have had the appropriate training necessary to add value and succeed.”Ī large part of the value proposition for employers is soft skills, such as communication and critical analysis.
The countries with the biggest markets for jobs requiring MBAs are the U.S., India and Brazil, with the majority of openings within the finance, consulting and technology sectors. They have good reason to be skeptical, graduate studies can be expensive, but in the long run, the benefits of holding an MBA far outweigh the disadvantage of its price, investments of time and hard work. After completing their undergraduate degree, many new graduates face the next big challenge in their educational path: deciding whether or not to continue their studies and they ask themselves what is the benefit of studying an MBA and why.
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