{"id":20848,"date":"2020-04-10T12:00:29","date_gmt":"2020-04-10T10:00:29","guid":{"rendered":"https:\/\/www.euruni.edu\/blog\/?p=20848"},"modified":"2025-02-19T12:32:35","modified_gmt":"2025-02-19T10:32:35","slug":"why-study-mba","status":"publish","type":"post","link":"https:\/\/www.euruni.edu\/blog\/why-study-mba\/","title":{"rendered":"Why Study an MBA?"},"content":{"rendered":"

After completing their undergraduate degree, many new graduates face the next big challenge in their educational path: deciding whether or not to continue their studies and they ask themselves what is the benefit of studying an MBA<\/a> and why. They have good reason to be skeptical, graduate studies can be expensive, but in the long run, the benefits of holding an MBA far outweigh the disadvantage of its price<\/a>, investments of time\u00a0and hard work.<\/p>\n

\"why<\/p>\n

1. Keep up with the competition<\/h2>\n

There is high demand for MBA graduates<\/a>. The countries with the biggest markets for jobs requiring MBAs are the U.S., India and Brazil, with the majority of openings within the finance, consulting and technology sectors<\/strong>. Just take it from Dell\u2019s university relations and diversity manager, Maria Crabtree: \u201cBy hiring MBAs with expertise in specific areas, we know that we\u2019re bringing in team members that have had the appropriate training necessary to add value and succeed.\u201d<\/p>\n

A large part of the value proposition for employers is soft skills, such as communication and critical analysis. These are developed during MBA programs through debates, collaborative activities, case-study analyses and presentations.<\/p>\n

2. Statistic says you will get a higher salary<\/h2>\n

Increased pay is surely one of the main reasons to pursue an MBA<\/a>. Graduates can expect a significant increase in salary after graduation<\/strong>,\u00a0as employers acknowledge the advanced and specialized skills acquired during the program and financial investment in tuition fees. On the other hand, it is important to have realistic salary expectations during the job search process.<\/p>\n

In comparison, the average salary for MBA employment in Western Europe has surpassed expectations this year. Switzerland, Belgium, the U.K. and Ireland have the highest salaries in the region. In Belgium, graduates can expect an average salary of $129,000. Interestingly, however, citizens from Western Europe are more often contacted by recruiters based in the Middle East and Africa. Western Europe happens to be the region that recruits the most internationally, making them by far the world\u2019s most outward-looking region in terms of MBA employment<\/a>. Great news for non-Europeans.<\/p>\n

3. Higher chances of holding a high-level management position<\/h2>\n

So, why an MBA is important for your career<\/a>? Another great reason to study an MBA is to move up to a high-level management position. As reported by Fortune, 40% of S&P 500 CEOs in any given year have an MBA. Many employers search specifically for MBA graduates in the hopes that they will grow with the organization.<\/p>\n

\n

\u201cOne of the key things for MBAs is that we\u2019re trying to bring in people who can be future leaders within the company.\u201d<\/p>\n

Nicholas Colinear
\nUniversity Recruitment Lead for the Americas at Cisco<\/p>\n<\/blockquote>\n

Specialize in a field that you are passionate about! <\/strong>Focusing on\u00a0a specific field gives graduates the opportunity to add to their existing business knowledge, since\u00a0the specialization courses of the program prepare students to change to a new industry or start their own company if they wish.<\/p>\n

\n

\u201cI thought: now I have the background, I have the experience, and I also have the schooling and the degree. So, in 2000-2001 I became independent and I founded my own company, Trade Resource GmbH.”<\/p>\n

Emilija Ivanovic
\nEU MBA alumna, Founder & Managing Director at Trade Resource<\/p>\n

\n<\/blockquote>\n

4. Refocus your career<\/h2>\n

There are many countries in which the labour market is static and you won’t get hired in a management position if you don’t have a previous experience in the same sector. Studying an MBA is the fastest and most effective way to refocus your career, <\/strong>as you will deeply enhance knowledge in the sector of your interest and you will acquire in months the skills your competitors got in years of hard work. Maybe you have a\u00a0marketing background but you believe that now is the moment of the blockchain, or you are a salesperson but you believe that the future of sales is digital marketing. Whichever your situation is, check out the complete list of EU Business School’s MBA programs<\/a>.<\/p>\n