Should you do an MBA? What to consider before undertaking the course

By Anne Sexton - Last update


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Studying a Master’s in Business Administration (MBA) involves a considerable amount of both time and money. It is a prestigious qualification as well as a popular one. An MBA comes with a number of benefits. Let’s look at these briefly.

Benefits

Career Progression and Salary

The MBA gives you the skills and knowledge to manage a business successfully. If you are looking to progress in your current role or looking to switch, this degree could be the right choice. On completion, many candidates receive job offers and promotions with a salary of €100,000 or more.

Competitive Edge

A Master’s in Business Administration is not easily achieved. Therefore, many employers look for candidates with the qualification.

Build Professional Relationships

During your time on the course, you’ll have the opportunity to network with classmates and lecturers. This can be of great benefit to you while you study and after you have completed the course.

Develop Skills to Start your Own Business

An MBA teaches you how to run and manage a business. Most people who take on the course do so to progress in their already established careers in successful organisations. But, because it gives candidates the fundamentals on how to run a business, it is ideal for those who aspire to start their own company too.

Personal Development

An MBA can have a substantial impact on your personal development as well. You’ll meet a student body pooled from a variety of cultural and educational backgrounds. There is also an emphasis within the course placed on interaction such as team working and role-playing exercises. This can help with your social skills and confidence.

But is it right for you?

Before embarking on an MBA, you’ll need to be sure that it is the right course for you.

Already successful professional career

Just because you have an MBA qualification, it does not mean that you are automatically the ideal hire. Your qualifications are only one part of your CV. An MBA won’t make a candidate stand out if they’re flawed in other ways. In addition, not all companies want MBA holders. Instead, they hire out-of-the-box thinkers who can innovate and offer a perspective different from their own.

Accredited MBA

Choosing the right college is very important. That’s because not all MBA’s have the same value. The number of colleges, universities, business schools and online institutes offering MBAs are increasing. As a result, many employers will look at the awarding bodies of the degree to decide if a candidate is suitable. Therefore you should choose a recognised institute offering an accredited degree.

Making your final decision

An MBA is only worth the expense, time and effort when the graduate knows the career path they wish to pursue. Before you make your final decision, considering all your options and the paths to achieving them. An MBA can a great investment, as long as you know what it is you want to achieve in your career.


Anne Sexton

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