Get our weekly advice

Keep up-to-date with the latest advice from Abound MBA.

What’s an MBA, and What Can I Do with It?

In its essence, an MBA is a graduate degree in business. That sounds simple enough, but it’s the remarkably beneficial layers woven into an MBA that draws many to reap the rewards of what many graduates refer to as the best decision of their life.

A Master of Business Administration, or MBA, is one of the most flexible degrees one can receive in the United States. Not only does it fine-tune one’s business and management expertise, but a Master of Business Administration is a truly dynamic tool that can be applied in any career.

Robert J. Stevens earned his MBA at Columbia University, and now he’s CEO at Lockheed Martin with a take-home of over $10 million per year. And Indra Nooyi, CEO of PepsiCo, obtained financial aid to attend the MBA program at Yale and is now on Fortune’s list of Most Powerful Women.

There are thousands of MBA programs available worldwide, each of which offers diversified timelines and areas of focus. Read on to find out more about MBA degrees and why pursuing one may be the best investment you’ll ever make.

Common Career Paths For those With an MBA

If you’re vying to be an entrepreneur, an MBA would be a handy accomplice on the road to your own business.

But did you know that your MBA degree can also serve you in fields like sports management and healthcare?

Just a few common careers for those with an MBA include the following:

–        Company Executive

–        Marketing Director

–        Financial Analyst

–        Operations Manager

–        Healthcare Administrator

–        Investment Banker

–        Product Manager

–        Business Developer

The list doesn’t, of course, end here; all of the professional skills and knowledge that come with an MBA make it a priceless element in thousands of careers, even those not directly associated with the field of business.

Financial Benefits of Obtaining an MBA

One of the most attractive factors of an MBA is its potential to give you secure financial future. According to a survey conducted by Graduate Management Admissions Council (GMAC) in 2017, MBA graduates in the U.S. enjoyed a median starting salary of a compelling $110,000.

But in some regions of focus, you can earn even more. Executive salaries can stretch far beyond a whopping $400K.

An MBA provides some significant assurance for financial security. Its exhaustive curriculum is packed with information to make you qualified to lead wherever you are.

Find an MBA Program that Works for You With Abound

In order to get the most out of an MBA, you want to make sure you enroll in a program that meets your individual needs and allows you to practice your skills and connect with a network of career-boosting professionals. Our MBA database is full of programs that are likely to cater to your interests—check out the schools we believe in and start your path toward an excellent Master’s Degree in Business Administration.

Get our weekly advice

Keep up-to-date with the latest advice from Abound MBA.