We all wonder about career advancement and what it takes to get to the next level. Whether you have been at a job for a few months or for several years, the questions that inevitably will cross your mind are: “Where will I go next in my career and how do I get there?” “Do I have to move on to another company to advance or what do I need to do to get ahead at my current company?” A Master in Business Administration (MBA) might just be the answer to these questions.
An MBA offers your employer value
While an MBA offers you several benefits, it is important to first understand what an MBA means to your current or future employer. When a company hires you, they are making an investment in the future of the company. Hiring the right person can mean the difference between making money or losing money. Employers are looking for value in their employees to increase efficiencies, profits and the long-term healthy operations of the company. Earning an MBA is a way to add value to your position in the organization.
Too many times a company’s downfall is when its employees operate in a silo, only thinking about their specific role without considering how their role impacts the organization as a whole. An MBA provides you with a deeper understanding of business functional areas – management, marketing, sales, accounting, finance and human resources. The diverse theoretical and case-study knowledge you gain with your MBA, along with your experience, allows you to interact among different departments with more sophisticated analytical understanding and execution. It will help you respond to the needs of a given department while at the same time keeping the “big picture” of your business’s operations top of mind. The more seamlessly effective you are across your company, the better your company will function; this type of value is priceless to an organization.
An MBA often comes with a specialization in a functional business area. This provides your company with greater subject matter depth and expertise, which you bring to the proverbial table. You will know more about your field, more about trends and more about what works and doesn’t work in your field. Regardless of what business unit you work in, the MBA will make you better – a better manager, a better marketer, a better sales person, a better accounting or finance person or a better human resources representative; thereby making your company better. Because the MBA will make you more effective in your specific role you will bring more value to your company.
An MBA offers you value
An MBA offers you value by opening the door to: 1) career advancement – the MBA increases your qualifications for higher-level positions and for different positions not open to those with only a bachelor’s degree, 2) salary increases – an advanced degree and experience come with bigger compensation potential and 3) career flexibility – your MBA knowledge and skill set is transferable to any company and to any industry. Additionally, the MBA is the gold standard in business. It is universally accepted as “the” business degree that matters and as a degree that makes a difference in the workplace. The MBA removes limits and allows you to advance your career. The MBA matters, and as the complexity of business continues to change and evolve it will matter more in the years ahead.
Earning an MBA is a life-changing choice, so earn the degree from a university you trust. Gwynedd Mercy University is committed to your success. The MBA program at GMercyU offers you accelerated completion times, schedule flexibility with online courses and a high-quality learning environment. Earn your MBA with a choice of three specialization options: Strategic Management and Leadership, Health Care Administration or Transportation Leadership.