Knowing the Value of an MBA


(NewsUSA) - As the economy begins to improve, all industries will require the expertise of management professionals to help sustain financial growth and prepare for new organizational structure.

Many recent grads and working professionals consider earning a master's degree in Business Administration (MBA) to set themselves apart. According to the Corporate Recruiters Survey from the Graduate Management Admission Council (2011), 67 percent of employers expect to hire recently graduated management talent in 2012, and they plan to hire in increasing numbers.

It is important to remember, however, that there are no guarantees; it is important to determine the true value of an MBA in each unique career field.

Will an MBA launch my career?

While an MBA can enhance your career, increase earning potential and possibly give you a competitive edge, it isn't always necessary to obtain one to achieve these results. Take the time to research your desired position to gauge whether the skills acquired through an MBA program are a necessary credential. Some graduates find it worthwhile to gain work experience before applying to business schools, and many business schools favor applicants who have real-world experience.

"Prospective MBA students need to look at the big picture," said Dr. Donna Loraine, DeVry University provost and vice president of academic affairs for DeVry, Inc. and dean of DeVry University's Keller Graduate School of Management. "We've found that students who map out long-term career goals and determine the potential benefit and relevance of an MBA in advance end up being the most satisfied with the value of their advanced degree."

What is the financial ROI of an MBA?

It is crucial that students fully understand the commitment required for continuing education. According to the Corporate Recruiters Survey from the Graduate Management Admission Council (2011), tuition for an MBA program can soar above $100,000 -- pursuing one can be a life-changing decision.

It can be beneficial to work with a financial planner to determine the return on investment. Scholarships, financial aid options and paid internships can help ease the financial impact.

Is there only one type of MBA program available?

MBA programs that can be tailored to specific schedules, concentrations, geographic locations and online needs have made earning an additional degree possible for many students.

How can I help maximize my MBA?

Career services can help students make the most of their education. For example, DeVry University's Keller Graduate School of Management recently partnered with CareerBuilder to supply its MBA students with a variety of career resources and counseling at no additional cost.

Students have access to dedicated career coaches, writing assistance and online tools for effective job searching, as well as insight for building a competitive edge.

Whether you are seeking more professional responsibility or a higher salary or are striving to climb the corporate ladder, an MBA can be a valuable asset, but only when utilized correctly.

Conduct research and map out your options before making this significant career decision. By thoroughly preparing, you can increase the likelihood that your MBA delivers success.

For more information, visit www.keller.edu and www.devry.edu.

More Resources

5 Ways to Combat Job Burnout
Job burnout happens when the stress or prolonged frustration of a job or career contributes to emotional and physical exhaustion. The ability to cope with general life stressors outside of work is strained.
Telecommuting Cover Letters
Question: How do I market myself online?Answer: With a stellar cover letter and resume.Okay, so let's get into the meat of this.
A Concept That Could Double Youre Income in Mystery Shopping
Do you want to double, or increase significantly you're income in mystery shopping? If yes, I'll be sharing to you an age old concept. Now you might have learned this already or you may consider this common sense.
Your Next Performance Appraisal: Make It Work For You
In the rush of everyday work, it can be difficult to think about your own career development. An appraisal is a key opportunity to identify your strengths, areas that need improvement and plans for your future.
Seven Deadly Types of Job Recruiters
Collect them all!Over the course of six months in my pursuit of a new job, I have talked to recruiters on a daily basis. I have communicated with or have been contacted by at least 100 recruiters.
Resume Writing - Importance of a Professional Summary
The Summary is the preview of your entire resume. This may be be the only part that an interviewer or employer might read for shortlisting your resume.
In a Rut? Ready for a Career Change?
Are you unhappy at work? Tired and lacking energy and drive? Don't worry, you are not alone! Studies in the US show that up to 70 percent of the workforce is unhappy with their job at any given time. We all feel dissatisfied and frustrated with our jobs at times.
Cover Letters
Cover Letters: Are you telling them what they want to know?Let's face it. Recruiters (or employers) are smarter than we think.
The Top Ten Strategies of A Great Interview
You've just received a call to interview with your dream company. Do you know how to prepare for the interview so that you'll feel confident, have a good experience and set yourself apart from others? Try following the steps below and you'll not only be well prepared, you'll present yourself as a true professional.
Adapting To Change In A Changing World
Have you learnt a new skill or improved upon your existing skill in the last six months to one year?According to the world acclaimed management guru and Writer Professor Peter Drucker - "The only skill that will be important in the 21st century is the skill of learning news skills. Everything else will become obsolete over time.
Should You Lie On Your Resume?
Warning: Lying on your resume could cost you your job and your freedom.Picture this.
Six of the Best for a Winning Resume
1. Be CompleteMake sure that your resume includes EVERYTHING your prospective employer would need to know to be able to offer you an interview.
The Art of Selling Yourself!
To "sell" oneself on paper is not easy. Creating a resume is a design and construction job and a test of your writing skills as well.
Importance Of Your Job Search
So that you can decide just how critical your job hunt is in your total life scheme, let's put a kind of frame around the importance of the effort ahead.Reflect on it.
Integrity At Work - How Do You Show Up?
As the business sections of today's papers and magazines read more and more like the police blotter, ''Integrity'' is fast becoming a hot topc of conversation in business boardrooms, around water coolers, and in today's business best-sellers. Integrity is defined as walking the talk when it comes to living one's true values, being authentic.
What Your Guidance Counselor, Career Counselor, and Own Mother Probably Never Told You...
The alarm clock jars you awake at some insanely early hour. As you hit the snooze button you think, "there's gotta be a better way to make a living.
Match, Meet, and Mesmerize at a Job Fair
Are you considering another trip through the career maze? Attending a job fair can make you feel like you are playing a losing game unless you have a clear understanding of the rules. Here are a few suggestions for making the most of any job fair, and gaining a competitive edge.
Job Interview Mistakes To Avoid
By avoiding these 8 simple mistakes, you can improve your chances ofhaving a successful interview and landing the job of your dreams.1.
Rewriting Your Resume? 7 Easy Ways To Give Yourself An Upgrade
In today's competitive job market, a first class resume is an essential tool for winning an interview. The way in which you present your skills, achievements and experience on paper will profoundly affect the way in which a hiring company considers your application.
4 Tips for Making Successful Job Offers
The interviews are completed, the paperwork is all filled out for Human Resources, and you have decided that this is the right candidate for the job. Now comes the formal job offer.

More Careers & Employment Information:

Related Articles

Relocation Myths and Stereotypes
You've probably been taught not to stereotype people based on race, religion or sex. But when you make a career or other life choice, do you still make decisions based on stereotypes?Relocation Myths"Big cities are unfriendly.
Medical Billing Businesses Are Growing Fast And Providing A Needed Service For Doctors
You've seen the commercials and web sites about starting medical billing businesses in your home. You can't just start calling doctors and telling them you will take care of the billing for them.
Finally The First Online Job Agency in Mauritius
Mauritius is a small island in the Indian Ocean with a population of 1.2 million inhabitants.
The Case For Internships
America may be the Land of Opportunity, but this is also the land of the Big Trade-Off. Sure, you can have that nice house, but you're going to have to become a mortgage slave to keep it.
Fuzzy Headed Job Goals Lead to a Fuzzy Headed Life!
May I clarify in this article what I believe to be "fuzzy headed" life and job decisions. I believe both are entwined: life and job.
Successful Job Search: Knocking Out The Competition
Most of the time, competition stimulates us, gets our juices flowing, generates creativity, a sense of excitement, and motivates us to perform at our best. Looking for work is another matter! When it comes to financial survival, to regaining independence and self-worth, competition can be crippling.
What is Workers Compensation Fraud
What is FraudFraud occurs when a person knowingly or intentionally conceals, misrepresents, and makes a false statement to either deny or obtain workers' compensation benefits or insurance coverage, or otherwise profit from the deceit. The key to conviction is proving in court that the misrepresentation or concealment occurred knowingly or intentionally.
How to Reach Your Next Job Faster with Fewer Potholes, Roadblocks
Complacency damages your career more than lack of qualifications. The most obvious roadblock you'll encounter on the race to find your next job is usually regrets about skills, education, and professional knowledge.
Do More than Expected to Get Ahead
One of the best things you can do to increase your career advancement opportunities where you work is to do more than expected.It's often not enough to just do a fine job and expect promotions now and then based on longevity.
Working On A Farm In Kent
Being a student, a person needs to look for summer jobs, to keep up with the expenses for school and fun activities. This task is not always easy, especially when you are studying at an American branch university and you have to pay tuition as well.
Business & Career: Know Your Ruling Star!
"Know your Ruling Star. One man is better received by one nation than another, or is one welcome by one city than another.
Knowing and Guessing
The line between average and exceptional work performance is dotted with ordinary day-by-day behaviors. I was reminded of that line recently.
Your Interview Secret Weapon
Have you ever been on a date where you had nothing in common so you spent your time asking questions about the other person's past?"Where did you work before that? Where did you grow up? Where did you move to after that? How many brothers do you have?"You get the idea. Your brain is in escape mode and your mouth is simply buying time until you can leave.
The Telecommuting Tightrope
For many of us, telecommuting seems like the ideal situation. You wake up, shuffle over to your home office, work at your own pace.
Pair Your Powerful Resume with a Great Cover Letter
Every great resume deserves a great cover letter.A cover letter is crucial because it's the first thingthe hiring manager sees.
Your First Summer Work in the UK - Picking Strawberries The Right Way
Most jobs on farms in the UK involve picking strawberries or berries in general, raspberries and possibly other berries with which I have not have the lucky chance to pick.Picking strawberries is very demanding and hard work and if this being your first summer job, then it will take lots of patience and clear mind.
Lost Your Job? Ten Ways to Bounce Back!
Whether you've been right-sized, downsized, underutilized, or just plain fired, looking for work is a life-changing experience that rocks your world. Regain your equilibrium with these ten strategies and get back to being your best.
Personality Testing; Myth and Realities
It is commonly believed myth that personality testing instruments can measure your personality and predict your future behaviors. The pre-employment testing mechanism has been following this creed without any solid evidence.
Need a Job? Put a Gun to Your Head
A legendary marketing genius once said that, if he had to write a killer sales letter, he would imagine he had a gun pointed at his head and that he would be shot if his advertising didn't deliver.This motivated him to create some of the world's most-profitable ads.
Job Search Blurts
I coined this word to draw attention to the nervous and apprehensive way of saying something in the job search that makes you feel like a buffoon. A "blurt" is a catchy way of saing: Gaffe.