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What is an MBA and what can it do for me?
An MBA is a Master of Business Administration Degree. It certifies that you are proficient in the roles of management in today's businesses. Possessing an MBA often can speed up your career and get you the promotion and salary increase you've been waiting for. Often, having an MBA can also leave you working fewer hours, providing you with a better work versus personal life balance.
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When is the best time to get an MBA?
The answer is different for everyone. Ideally, you could say that you would want to pursue an MBA when you want to further your career. Many students prefer to have up to five years of practical work experience before pursuing an MBA. Many of the best MBA programs won't grant you admission without several years of work experience under your belt.
If you're a currently employed job-seeker, you need to consider your work life and finances. It's important to make sure you can afford to put off work to pursue an MBA, or if you can afford to go to school. If you plan to continue working while you pursue your MBA, perhaps you could consider an online MBA program. Growing in popularity, these make it possible to continue working while going to school. You should always check to see if your employer will cover any or all of the tuition expenses.
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How can I make sure I pick a quality online MBA program?
Most quality online MBA programs have really good career placement statistics. Check with the career service offices of the school you are considering and find out how many of their students found work within a year of graduation. As well, check to see how many of those graduates saw an increase in salary. Much more information is available regarding online MBA programs. We suggest that you read "How to Check for a High Quality Online Degree Program" from our affiliate, OnlineSchools.net.
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What types of MBAs are available?
There are two types of MBA degrees, general and specialized. Generalized MBAs programs are usually shorter in length with specialized MBAs being longer in duration. Examples of common subject areas include Accounting, Economics, Human Resources, Marketing, and Supply Chain/Logistics. For more examples, we suggest that you read our MBA Directory Guide from our partner website, BusinessSchools.com.
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Will an MBA guarantee me the job that I desire?
Quite simply stated, no. There are no promises that any degree or certification will guarantee an individual the job and salary that they want. What an MBA will give you, however, is a leading edge over other job seekers. Again, it would be wise to speak with career services at your school or job recruiters to see what industries are leading in growth. Having an MBA in a growing industry always increases your chance of landing the job you desire.
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Are there any industries growing right now for me to consider?
Just about any industry related to technology is an attractive prospect for MBA graduates. As technology continues to unfold at an exponential rate, so do jobs in related business sectors. Some rapidly expanding industries related to technology are:
- Computer Software
- Criminal Justice
- Education
- Health Care
- Information Technology
- Telecommunications
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