Candidates hoping to make an impact in the field of business often pursue graduate-level opportunities such as an online Masters in Business. Whether you hope to achieve entrepreneurial ambitions, seek new opportunities in a dynamic field, or enhance your preparedness for your current career, earning a Masters degree may be... a recommended or required step. With today’s online learning technology, earning a graduate-level degree is often accessible for busy adults who must balance work and home responsibilities with their educational goals.
An online Masters degree in Business typically builds on students’ undergraduate education and professional experience to prepare them for contemporary issues and challenges in this ever-changing field. Students often explore case studies and real-world situations, learning to strategize, problem-solve, and innovate. They may also focus on a concentration such as business administration, project management, international business, marketing, accounting, or another area of study in order to prepare for a particular professional path. Leadership and management, communications, and business development are some of the knowledge areas critical to a Masters degree candidate.
Possible opportunities for Masters degree holders in Business may be incredibly diverse, spanning numerous fields. For example, a candidate with prior knowledge or interest in technology, engineering, healthcare, or another professional area might earn an online Masters in Business in order to pursue leadership opportunities in that field. Some candidates use what they have learned to start their own business ventures, grow in a current career, or change fields altogether.
Statistics show that an online Masters degree in Business may be an important investment in your future. In 2011, Master’s degree holders employed in the field of Business earned a median annual salary of $84,000, which was 35% more than the median salary of Bachelor’s degree holders ($62,000).[i] In addition, graduate degree holders may be better prepared for Chief Executive positions (CEO, COO, CFO, President, Vice President, Executive Director, and others), which typically require a Master’s degree. In 2012, the median annual earnings for a Chief Executive were $168,140.[ii]
Employers of graduate degree holders in the field of Business may include multinational corporations, small businesses, and nonprofit organizations. Candidates could also pursue self-employment opportunities such as business consulting. If you are hoping to explore new goals in this field, earning an online Masters in Business may be the start of a rewarding professional journey.