This is one of the most frequent questions on the minds of those who seek to study an MBA, for this reason we are going to analyze the fundamental factors of the equation and we will tell you what is the return of an MBA
The Global MBA ranking provided by the Financial Times begins by firmly pointing out that the younger you start with this preparation, the greater the chances of generating a good return on investment reflected in a robust salary.
This sample that included MBA graduates in 2011 and who were followed for three years after that, shows that their income is higher than that of anyone within their age group, a factor that is attributed to having an MBA.
Regarding the question, what is the return on an MBA? We can say that those students up to 24 years of age who have this degree increased their salaries by up to 145% compared to what they earned before their MBA.
In the first three years these graduates obtained a return on investment of US $ 69,000 on average. On the other hand, those students over the age of 31 do not lag behind and show that the impact of an MBA on their curriculum has helped them increase their income by 70%.
And finally, for the group between 27 and 28 years old, we have a 100% increase in their salaries.
This study carried out by the Financial Times and which helps us to know what the return on an MBA is, reveals interesting data such as the fact that older students have a preference for shorter MBA programs, for example those that are offered In Europe, this is due to the fact that the duration of the MBA largely determines its cost.
Finally, the study lets us see that younger students are interested in building the foundations for a very good salary, while older students are interested in improving their skills, for example management skills.
What is your goal when studying your MBA? You can leave us a comment and remember to visit our home page to find valuable resources for your preparation.
Why or why not choose an MBA over a master’s degree?
When choosing a postgraduate degree, there are some questions, among them and one of the most common is whether it is better to go for an MBA or a master’s degree, this difference is not clear to many and for this reason we talk about it on the day of today.
The first issue to be addressed is to dispel the doubt as to whether a postgraduate degree is worth the investment, according to a study recently carried out by the University Quality Agency, based in Catalonia, the answer is a resounding “Yes”, This is due to the fact that more than 85% of the graduates would be counting on a guaranteed job.
Now we know that this investment has a very high possibility of paying off, but we return to the question that gave rise to this article, is it better to choose a master’s degree or an MBA? So let’s address the main differences between each.
When we talk about an MBA we are referring to a program focused on developing the executive skills of applicants, for example personnel management and human resources, therefore, it is a preparation focused on positions such as management and command positions.
In the case of master’s degrees, they are alien to this administrative field and focus clearly on developing specific skills or knowledge by providing education and training in areas known and developed through our times, it is more a way to become an expert in a subject or better said “Master”.
An MBA gives you the opportunity to enter the job market from a more active perspective and in leadership positions that are mostly very profitable.
The choice is always a personal decision but there is no doubt that if what you are looking for is a professional experience to the fullest, your best option is an MBA and what better option than to do it abroad?
Remember that in our blog we have articles that allow you to know this path more thoroughly, do not hesitate to review them and of course, contact us if you have any questions or doubts that you want to dispel.