Are you considering pursuing a Master of Business Administration (MBA)? There are many options to choose from and different career possibilities depending on the degree path you choose. Take our quiz to find out what MBA concentration may fit your personality best.
What is an MBA and what does that mean for me?
A Master of Business Administration (MBA) is an internationally recognized degree for business and business management. An MBA can provide you with leadership skills as well as critical thinking, better communication, self-discipline, improved time management and more. An MBA degree is not only valuable for a career in business and marketing but can also be useful for those pursuing careers in the public sector, private industry, the government and non-profit organizations.
Do I need an MBA?
While a bachelor’s degree is standard across the industry, an MBA can provide additional opportunities for career growth and set you apart from other candidates. An MBA degree also shows that you’re a dedicated self-starter who is passionate about your field of work.
Is it worth it to complete my MBA?
Getting your MBA can be well worth the investment. An MBA sees a great return on investment (ROI), both financially and personally.
According to an Alumni Perspectives Survey, 93% of MBA graduates would pursue their degree again. Many Herzing MBA graduates are also glad they completed their degree because of the numerous career opportunities that have come from it.
An MBA is more in demand than ever before. The value of an MBA degree is being felt across the industry by employers who appreciate educated, self-starting leaders with advanced critical thinking skills.
According to the Bureau of Labor Statistics (BLS), MBA graduates tend to make about $2,0001 more per year on average than someone with just a bachelor’s degree. This is especially true if you’ve been working in an industry for a while. Your experience alongside an MBA makes you a valuable candidate and could help increase your average salary up to $400,000 over the course of your career.
What can you do with an MBA?
An MBA demonstrates that you have the necessary skills and qualifications to be a competent leader in your field.
According to U.S. News & World Report the top five careers for MBAs include:
- Product manager
- Medical and health services manager
- Financial manager
- Product marketing manager or brand marketing manager
What is an MBA concentration?
A specialized MBA versus a general MBA is for those looking for a specific industry to work in. All MBA programs have core courses in economics, accounting and marketing. If you choose to pursue a masters, you can focus your degree on your professional interests and experience. Herzing offers MBA programs in the following career paths:
If you’re having trouble finding a career field that interests you, that’s OK. Browse Herzing’s MBA Degree Programs to learn more.
How can I complete my MBA?
MBA program length can vary depending on your previous experience and degree pathway. At Herzing you can graduate in as little as 12 months. More students are choosing to take online courses to complete their MBA due to multiple responsibilities and a busy schedule, which is why we offer online MBA programs to earn your degree at a pace that works for you.
Our business program is accredited by the International Accreditation Council for Business Education (IACBE) so that Herzing graduates meet international standards.
Your MBA degree options
Want to talk through your quiz results? You can contact a Herzing University faculty member or advisor about your results and your education options. You can also do some more reading to see if an MBA is right for you.