In an economy where the job competition is tough, earning a Master of Business Administration (MBA) might be a wise decision. Whether you are currently employed or on the job hunt, going back to school for your master’s degree can help you stand out among those who only have their bachelor’s degree, and potentially open the doors to an even greater number of job opportunities. There are a variety of degree choices to select from with particular features that cater specifically to students’ needs. Here’s a breakdown of a few options if you’re thinking about pursuing a master’s degree in business:
You’ve graduated from college and established yourself in a position at a respectable company that offers you challenges as well as a comfortable, collaborative environment. Having slightly moved up the ranks over the past few years, you may find yourself seeking a bit more responsibility but wish to stay at your particular office, whether because of your strong relationships with colleagues and clients or because you simply love what you do. Going back to school appeals to you, but work is your priority – and ultimately what puts food on the table.
If this sounds like you, you should consider finding an executive MBA (EMBA) program at a school nearby or online.
These types of programs typically follow weekend or evening schedules, keeping students’ weekdays open for a traditional 9-to-5 work agenda. According to the Executive MBA Council, the average student in an EMBA classroom is 37 years old with about eight years of management experience under their belts.
After completing a bachelor’s degree program, you might have found that the employment outlook is bleaker than you anticipated. More and more job descriptions call for years of work experience or a higher level of education than an undergraduate degree. If this is the case for you, you might want to consider an online MBA degree.
A typical MBA program can last anywhere from two to four years, depending on whether you choose a part- or full-time academic path. Part-time online MBA programs are ideal for students who want to pick up a side job while studying so that they have a steady source of income. According to Kiplinger’s annual report, the University of Florida, which boasts a number of online masters programs, was second on its list of the Top 10 Best Values in Public Colleges 2012.