While it's easy to assume that an MBA degree would mean you've been handed a magic wand, a Masters of Business Administration degree actually takes some hard work and determination. If you're interested in getting your MBA, you'll need to take a number of important steps.
First, you will have to decide exactly what you want out of an MBA. While the end goal is a good job in one of the major corporate firms, you need to consider not only what type of job you are aiming for but how you intend to get there. For example, are you planning on becoming a corporate consultant?
If you are just looking for a job as an employee, you may be able to obtain an MBA at a local community college or vocational school. However, if you're planning on moving up the corporate ladder and looking to apply for a job at an investment banking firm or a consulting firm, an MBA from a prestigious business school would be highly recommended.
Another thing to consider when choosing an MBA program is what area of study you want to pursue. An executive MBA degree could mean a position in a company's finance department, for example, or a specialization such as accounting or marketing.
Once you've decided where you would like to go with your MBA, you should begin to narrow down your options. While many employers prefer a Master's degree, most will require a Bachelor's degree before they'll offer you a job. Therefore, you need to decide how much time and money you can invest in obtaining your MBA.
Even if you have no desire to attend a traditional university, your employer is likely to make an exception if you have an MBA. They may also hire you with an online MBA. In addition, even if you have an undergraduate degree in another field, your employer may find it beneficial to have you complete an MBA program. It might sound like a lot of work, but you can rest assured that a Master's degree in business administration is often worth the investment.
You may have to work at a few different universities to get your Master's degree. It may take several years for you to finish all of your classes, so you'll want to make sure you are able to focus on the major topics and classes that will prepare you for your career. The last thing you want is to do is spend years learning all about accounting while you're working in a manufacturing plant. instead of focusing on the business leadership.
After your program, you will probably need to take the MCAS or Microsoft Certified Systems Analysts exam. This will show that you have the skills needed to be a computer analyst and allow you to get employment with a major IT firm. This experience, along with your MBA, will provide you with the confidence you need to become a successful manager in a corporate management position.
If you find yourself needing to take on some extra responsibility after earning your Master's degree, an MBA may not be for you. This may include taking a leadership role within a company . . . . . . or an industry, which can involve other employees or even management positions within an organization. An MBA degree also gives you the experience you need to become successful in a public relations or advertising position, but these are usually much more hands on.
Although a Master's in Business Administration can help you advance into a higher paying position, it may not be right for you immediately. If you've just been promoted or given a raise, you may not have a lot of time to finish your coursework in order to obtain a better paying position. For this reason, you may want to look into obtaining an Associates degree in business administration. to help you reach your career goals sooner.
While an MBA does not guarantee a job, it does give you the knowledge necessary to advance your career. Many times an MBA allows you to move up the ladder faster within a corporation by giving you the opportunity to become an administrator or an upper level manager. At that point, you can work toward a promotion. In many cases, an MBA will take several years to complete, so you will need to continue to earn your Masters degree until you become a full-time employee of a company.
You don't have to leave your current job to pursue an MBA degree, but the payoffs can be impressive. Once you have your Masters degree, you will find you have more job security than you ever dreamed possible.