Master's Degrees for Business Students - How to Get One and How It Will Affect Your Career Path
A master's degree in business is a two-year degree (there are some exceptions that allow students to complete their degree in just one year). It is available to graduates of all types of bachelor's degree programs, although business majors are the most common applicants. In addition to completing some rigorous curricular requirements, many graduate students who are seeking a Master of Business Administration (MBA) must complete a thesis project, which consists of original research and writing on a topic of the student's choosing.
Earning a Master's of Business Administration Degree
An MBA program is intended to help students build a repertoire of skills in the particular area of business that is most interesting to them. Often, a student has already worked in this area - whether it be accounting, finance, marketing, or administration - and he will be able to apply his or her experiences to their academic program, and vice versa. Most students who seek masters of business administration degrees were business majors at the undergraduate level, but they will still have to take a number of classes that all business students are asked to take- including finance and economics. Many students find these courses repetitive, but they also tend to go in to greater detail and look at more complicated theories and principles of business.
What to Do With a Master's of Business Administration Degree
The MBA is the second most common type of business degree in the United States after a bachelor's degree. Many experts are recommending that any student who is hoping to work in top positions at top companies immediately apply to an MBA program after finishing their bachelor's degree. Some say that doing so helps students bypass entry-level job experiences and begin doing the kind of work they are most interested in right away. In most cases, an applicant who holds a master's degree will earn more than a comparable applicant who holds only a bachelor's degree and they are more likely to be promoted within a company.
A person who is already working in business but is finding himself often passed up for promotions may benefit from completing a masters degree program on a part-time basis while also working full-time. This kind of dedication appeals to employers who are looking to promote employees. An employee may also get financial support to help him or her earn a master's degree program, and may be eligible for raises upon graduation.