Have You Recently Decided to Start Working on your Master’s Degree?

Have You Recently Decided to Start Working on your Master’s Degree?

Executive masters of business administration

Are you happy with your job?
Are you happy with your rate of pay?
If you are one of the workers in America who is looking for a way to earn a bigger salary, or you are just looking for a change of pace, it might be time to consider heading back to the classroom. Fortunately, you are never too old to go back to school. Many workers, for instance, decide that even later in their career it is time to work toward a Masters of Business Administration (MBA). Some are even lucky enough to get a MBA scholarship from their current employer or through available grant money. An MBA scholarship allows you to make the career move that you want without having to find the money or take on a new round of debt.
In a time when the cost of living continues to increase and wages for the average American do not, pursuing a degree may be the solution. Professional MBA programs help workers take the next step in both potential earnings and work opportunities. In fact, many companies will not consider a management hire if the applicant does not have an advanced degree. While it may have once been possible to move from the mail room to the executive office with nothing more than experience and a hard work ethic, today’s career advancements now require education as well.
Consider some of these facts and figures about the reasons that many people decide to work on a degree:

  • 44% of online students indicated that they saw improvements in their employment standing, according to a survey conducted by The Learning House.
  • 91% of online MBA students indicated that they were employed when they started their degree program, according to a 2016 survey by Aslanian Market Research and the Learning House.
  • Online MBA students who graduated between July 2015 and June 2016 earned an average salary of $96,974, according to a survey by Aslanian Market Research and the Learning House.
  • Online students indicate that they consider an average of three online programs before making their final enrollment decision, according to The Learning House?s most recent study.
  • 50% of MBA graduates worldwide are board directors or senior managers.
  • 33 was the average age of online MBA students who started a program between July of 2015 and June of 2016, according to an Aslanian Market Research and the Learning House survey.

Finding the best MBA program in your area may be the jumpstart your career needs. With the help of an MBA scholarship from your employer, you can find a way to move into management positions without having to take on any new debt. The fact that many of today’s classes are available on line means that you can easily work a new degree program into your current schedule.

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