
Depending on your professional experience, career ambitions, and educational background, earning an online MBA degree (Master of Business Administration) may be a recommended next step. According to a 2007 report by NCES, approximately 14.1% of Business and Management Bachelors degree holders enroll in an MBA program at some point in... their careers.[i] An MBA may prepare candidates to pursue enhanced opportunities such as leadership roles or entrepreneurial ventures. Individuals from diverse backgrounds, such as engineering, accounting, technology, marketing, and other areas, may also benefit from pursuing a Master of Business Administration degree as a means of preparing for new goals in the field of business.
An online MBA can often be completed in one to two years for full-time students, depending on individual commitment. Often, graduate students continue to work in their field while pursuing a Master of Business Administration degree, making distance learning a flexible option for busy adults. Online MBA programs typically feature challenging courses that offer insight into trends and patterns, leadership strategies, business development theory, and other critical topics. Candidates often select an area of focus, such as international business, human resources management, marketing, accounting, or one of many other concentrations.
Statistics indicate that earning an online MBA degree may help you to prepare for rewarding professional opportunities. In 2011, advanced degree holders in the field of Business earned a median salary of $84,000, about 35% more than the median earnings of Bachelor’s degree holders in the same field.[ii] In 2012, Chief Executives (CEO, COO, CFO, President, Vice President, Executive Director, etc.) earned a median of $168,140.[iii] MBA degree holders may pursue employment with international corporations, small businesses, nonprofit organizations, or government agencies. They may also be self-employed as consultants.
If you are interested in learning how you could make an impact in the business world, a Master of Business Administration degree is often worth exploring. Online MBA programs may prepare the next generation of business leaders to shine in an exciting and ever-changing field.
[i] http://nces.ed.gov/pubs2007/2007162.pdf
[ii] http://www.census.gov/prod/2012pubs/acsbr11-10.pdf
[iii] http://www.onetonline.org/link/summary/11-1011.00#WagesEmployment
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