The more education you have, the higher your earning potential will be, according to a report released by the U.S. Census Bureau. This has certainly proven true for MBA graduates. After experiencing a dip in hiring numbers in recent years, the MBA is back in demand, with higher salaries to boot.
Earning an MBA can mean a difference of as much as $2.5 million over the course of a lifetime, compared to those without an advanced degree. With more employers seeking qualified MBA graduates, now is a good time to enroll in an accredited MBA Degree program.
Consider that the average MBA candidate has trimmed the number of applications down from 39 last year to just 17 this year. At the same time, the number of job offers has doubled, according to a July 2005 survey released by recruiting consultant WetFeet.
“The best indicator is seeing the students’ confidence level at getting attractive, interesting jobs,” said Andy Chan, Director of the Stanford University Graduate School of Business MBA Career Management Center, in USA Today. “They have good feelings there will be a positive outcome at the end of their job search.
There is also the increase in salary to consider. WetFeet forecasts this year’s MBA graduates will earn slightly more than the $106,587 average base pay and bonus of last year’s class. With salaries on the rise and more job offers for MBA graduates, going back to school to earn an MBA makes sense.
Research your MBA Degree program options now to find the best MBA school for you. There are both online MBA Degree programs and traditional MBA schools to consider. Search for the right MBA program now!
http://news.search4careercolleges.com/02-2007/mba-graduates-in-high-demand-again/
