Is pursuing an MBA degree worth the effort? Many business administration degree-holders consider this educational qualification useless since they don’t get hired immediately after graduating. Statistics indicate that only 7% of Indian MBA graduates get jobs after earning their degrees. Among Americans as well, this percentage lies around 20-30 percent.
However, there’s nothing wrong with attaining a degree in business administration! Graduates don’t choose the right one; that’s the problem they face today. Unless you’ve chosen the right MBA program, merely attaining this degree won’t brighten your chances to excel in the business industry. So, let’s explain why you must get your MBA properly in 2022.
How to choose the right MBA degree for your career?
There are several benefits of completing your MBA degree from a reputable institute. In 2020, graduates made $135,000 after finishing their degrees. This educational qualification creates reliable employment opportunities for you among some of the world’s most prestigious companies. You can acquire different options for advancing your career after getting an MBA today. This degree doesn’t only teach a person the hard skills required for handling business affairs, but it also teaches you the soft skills needed for retaining your employment. However, you must choose the right MBA program for yourself. We’ve compiled some suggestions to help you learn the tactics of attaining a business administration degree:
1.Online degrees
You can prefer to obtain your education digitally by leveraging distance learning opportunities. We suggest you find online business administration programs as these courses are more effective than a traditional physical course. You may pursue an MBA general online program to bolster your know-how regarding the business industry. This online degree will strengthen your leadership capabilities. Also, you can attain this qualification remotely and save money on traveling and other campus-related expenses.
2.Check courses
Did you review your chosen school’s curriculum? You must evaluate the university’s curriculum to ensure they teach what you need to learn to advance in your post-MBA career. So, you should learn about which courses you need to take in this program. Choose a school where they’re teaching you relevant information. That’s how you can land a fair job after graduating with a degree.
3.Check accreditation
You want your degree to be worth something! That’s why ascertaining accreditation is an important checkpoint for prospective students. You want the university and its coursework to be accredited to ensure it’s a trustworthy establishment. Now, accredited universities offer the courses students need to become eligible for employment opportunities in the future. So, show some caution!
4.Visit campus
We believe potential students can learn about a business administration program by visiting the campus directly. Universities today organize recruiting events in which students get a chance to meet the faculty. You can evaluate the quality of education by visiting its classrooms and deciding if you wish to commence studying here.
5.Your responsibilities
Your responsibilities should also matter when deciding on the right school for you. Now, most schools offer two categories of MBA programs, i.e., full-time and part-time. Both these options can be beneficial to your academic endeavors. However, your decision will rest upon your responsibilities. So, if you already have a job, it seems wiser to select a part-time program for yourself.
6.Read reviews
Online reviews have always helped Americans make a purchasing decision. Statistics show that 40% of consumers never decide anything without reading online reviews. Deciding which university’s the best for you is also akin to this scenario. You can’t decide on an online MBA program unless you have read some honest reviews regarding that university. Let these reviews help you decide now.
7.Ask questions
Don’t forget to ask questions about the program’s culture, courses, and resources. You should reach out to alumni, students, and counselors to gather as much information as you can about the course. Since these people can give you a better account of the MBA program compared to what you can learn from the university’s website. Leverage the experiences of former/current students to make up your mind about this course. You can also speak to professors if they’re available for comment.
8.Calculate ROI
Don’t forget to calculate the ROI of your MBA degree. Pursuing a business administration degree’s a solid investment, and students should be concerned about the return of this investment. Well, most students get a fair return in 3-6 years. But this timeframe may change from student to student. It all comes down to your university’s rankings, so opt for one with high rankings.
9.See rankings
You can find online rankings for some major business schools in the country. You may refer to some prestigious platforms such as Which MBA and Financial Times to find out which universities offer the perfect MBA degree for your career goals. Don’t neglect to consider the factor of consistency in the online ranking of your chosen school. That’s how you can make a well-informed decision today.
10.Meet recruiters
You can meet recruiters and discuss your academic objectives with them. They can help you find the right online MBA program that meets your expectations. Recruiters can tell you which schools employers like to see on a résumé and those that shouldn’t appear on your application. Therefore, a meeting with a few recruiters can show you the correct method of choosing your school.
11.Career plans
What are your career plans? You must consider these plans while attempting to choose a school in 2022. Where do you want to work after finishing your MBA? This question can help you discover the perfect academic institute to advance your career-related objectives. You can further do many kinds of specialization in the program to become well-versed in certain business-related subfields.
Conclusion
Many writers in the 20th century attacked the value of an MBA degree. However, this qualification today has withstood criticism and has become the most popular postgraduate degree in the country. We have seen how nearly 200,000 American students were awarded a master’s degree in business administration in the previous decade. However, many students believe this degree hasn’t helped them get dream jobs after graduation. We suggest students choose the right programs for succeeding in their careers.
How do you find the right MBA program? Consider your employment objectives. Are you willing to work full-time or part-time? Compare the rankings of different educational institutes and identify an option through which you can enhance this degree’s ROI effectively. Don’t forget to investigate by reading online views of your choices. Visit the campuses if you like and check the courses they’re offering. You should pursue an online program to save money on commute and residence. That’s how you choose the right program.