Graduate degrees in business and management (MBA) continue to be the most common master’s-level degrees awarded in the United States. Why? First, the return on investment is compelling; according to a recent Graduate Management Admission’s Council Alumni Perspective’s Survey Report:
- Earnings: Graduates of management education programs earn $2.5 million in cumulative base salary 20 years after graduation, although earnings may vary based on your age.
- Repayment: Graduates recoup their educational investment in four years or less after graduation.
- Employment: 92% of surveyed graduates are employed.
- Career Growth: 75% of surveyed graduates report that the degree accelerated their careers.
- Satisfaction: 93% and 89% of graduates note that their degree was, respectively, personally and professionally rewarding and 90% would pursue the degree again.
An MBA is a structured, rigorous, and comprehensive program through which you can build the skills to lead. The future of work will demand leaders who are fluent in social and emotional intelligence and competent in collaborating across borders, cultures, disciplines, and technologies; an MBA can help you get there.