Why are so many individuals leaving a highly rewarding career to go back to school?
Despite its high initial cost and stringent admissions requirements, the MBA is still one of the most powerful degree on earth. Aspiring applicants understand that with the right MBA degree, they can get a massive career (and salary) boost post-graduation. In several industries, such as management consulting and investment banking, an MBA is a de-facto requirement for career progression. A study found that the average MBA holder’s career accelerates 30% faster than that of someone without an MBA. Additionally, MBA salaries also remain high. Graduates from highly-rated schools could earn anywhere between $100,000 and $240,000 per year. These salaries represent 55% to 160% increase from pre-MBA salaries. In purely financial terms, an MBA typically pays itself off in about 4 years. The lifetime salary enhancement for the average MBA graduate from a highly-rated business school is over $2 million!
Join Prep Zone Academy’s celebrated MBA & career coaches, who have mentored 100s of middle career managers, to learn more about the MBA and how you, too, can accelerate your career trajectory by making the right moves to the right MBA program at the right time.