Explore your MBA options at the QS World MBA Tour coming to Minneapolis on October 24th!
The job market in Minneapolis gets more competitive every day. A bachelor’s degree used to be all that you really needed to secure a great job and start climbing the corporate ladder.
However, with so many qualified professionals having a bachelor’s degree today, it can be hard to stand out from the crowd when applying for jobs. An MBA can certainly help you stand out from the rest, but why should you spend time and money to get an MBA?
Progress your Career with an MBA
From a possible long-term salary boost to career progression and professional prestige, you stand to gain a lot from an MBA… But what really is the ROI on an MBA? In the US, a bachelor’s degree holder earns an average of $61K a year, whereas an MBA earns an average of $85K in the according to PayScale. At TopMBA.com, we have also conducted our own research on MBA salaries, captured in this article, “Expectations versus Reality”. Our research showed that the average MBA salary in the US is $94K with salaries of $115,000+ being the baseline for an experienced MBA holder in certain industries. An extra $24K+ a year could definitely go a long way!
While an MBA is a highly valued degree that can earn you a salary boost, it’s also a designation and distinction in the world of business that can set you apart from many others. 33.4 percent of Americans have attained a bachelor’s degree, but only 9.3 percent of adults over 25 have a master’s degree, according to the Census Bureau.
If you don’t have an undergrad degree in business or a substantial business background, it could catapult you into a new career, or advance you in your current one, or even allow you to be the entrepreneur that you always dreamed of being. An MBA opens the door to many different opportunities.
You can work in many different fields
With an MBA, you can work in marketing, consulting, and numerous other fields. An MBA can prepare you for the booming start-up and tech industries in numerous positions such as a DevOps Engineer. DevOps Engineers are information technology professionals who write code/software with other software developers and IT staff to oversee code releases and more. The average salary for this position is $116,000.
It could also prepare you to be a Marketing Director. Marketing Directors usually oversee a team or various teams of marketers. In this role, you’ll help your company develop and execute marketing and growth plans as well as overseeing the company's branding and thought leadership. The average salary for this position is $114,950.
An MBA can even help you get ahead and become a Chief Executive Officer (CEO) of a company. What you do as a CEO will vary based on what industry you’re in, but you will oversee the strategic direction of a company, lead and evaluate executive leaders, and more. The average salary for a CEO is $159,465.
The MBA Event You Need to Attend
While earning your MBA, you’ll also have the opportunity to make connections with students, professors, alumni, and business leaders who can help you in your career. And we all know that networking is an important part of business. It’s also a way to get your foot in the door in the competitive job market in Minneapolis.
So, what are you waiting for? Network with alumni, meet 20+ top local and international business schools including U of Minnesota – Carlson, U of Wisconsin – Madison, Vanderbilt, Rice, and IE, and explore your MBA options at the QS World MBA Tour coming to Minneapolis on October 24th. This is a one-stop shop event where you can get all of your MBA-related questions answered, get a resume review, test prep resources, a professional LinkedIn headshot, and you’ll also gain access to $7 million in scholarships – all for FREE and all under one roof. For more information and to save your spot, visit the QS MBA site: https://bit.ly/2m2MUGM
