If you have a head for business, you have probably put some serious thought into the potential of pursuing an MBA. After all, an MBA can be the key to careers as exciting and varied as a Bay Street stockbroker to a Hollywood talent agent. Whether you have recently graduated with an undergraduate degree, or you’ve been at your current job for some time and would like to upgrade your skillset, it might be a great time to look into a Master in Business Administration Degree Program.
Attending graduate school should be considered an investment, and as such, before you enroll in a graduate program, you should consider the ROI — or return on investment — that you are likely to earn.
An MBA has a number of practical advantages but it may also yield benefits you never even thought of, independent of the fiscal advantages. Graduate students pursue MBA degrees for a plethora of different and varied reasons. Most MBA students enroll at least partially in the hope of advancing in their professional lives and, as a natural consequence, making more money. Some students earn an MBA because their company has asked them to advance their skillset — and many of these students are lucky enough to have their employer pay for their tuition while they pursue the degree all while staying on at their current job, while others will enroll in an MBA program to start up their own businesses.
The Graduate Management Admission Council (GMAC) reported in its 2007 Global MBA® Graduate Survey that MBA graduates continue to earn increased salaries and that most students express satisfaction with the MBA programs they choose. Full-time MBA students reported that they expected to increase their salary by 54 percent, while part-time students expected a 43 percent salary increase. Once you’ve decided that pursuing an MBA is the best course of action, you’ll need to find a school that delivers its curriculum in the way that best suits your learning style. Much of the criticism surrounding today’s MBAs has to do with the perceived lack of practical experience gained by students enrolled in MBA programs. While theoretical knowledge is important, nothing can replace real-world, practical business experiences. According to the GMAC survey mentioned above, students were not interested in simply having a professor lecture in front of the classroom, but would rather be more engaged in their learning, with an applied, hands-on, immersive approach.
This is why many students choose the Laurier MBA offered at Wilfrid Laurier University in Waterloo, and downtown Toronto, Ontario, Canada. The Laurier MBA “Integrated Core” is guaranteed to provide a holistic and seamless education, focusing on all eight of the core fundamental business courses, and will set you apart from other MBA graduates. From day one, students will apply the knowledge gained from coursework to the analysis of real-life case studies.
An MBA should offer training in social skills required to succeed in the current global marketplace. Tangible skills like leadership, good communication, self-discipline, and interpersonal relations are all necessary for MBA students wishing to be successful. The integrated core MBA approach at Laurier seamlessly combines classroom study with international case competitions, and business presentations, and professional development workshops. For more than 40 years, Wilfrid Laurier University has been the true leader in developing every aspect of individual students’ potential. When you seek out an MBA program, find one that combines theory with practical, real-world experience in your field through an integrated teaching approach.