As a working professional in a business environment, you may think you’ve missed the boat. Your graduated with a bachelor’s degree a few years ago, and have not thought about grad school since – after all, you found a job shortly after graduation, and have been gainfully employed ever since.
And yet, the thought keeps nagging on you. As you see an increasing number of your peers and co-workers with master’s degrees, you begin to regret not getting that MBA or MS in Information Technology when you were still in the educational mindset.
The good news: it’s never too late. With their convenience and delivery format, many advanced business degrees are actually designed specifically for working professionals like you. So it’s not too late to start thinking about your master’s degree; in fact, it will never be too late, and here are 5 reasons why:
1) Delivery Convenience
First, you should never decide against pursuing an advanced degree simply because it inconveniences you. Thanks to their online format and delivery schedule, most programs now allow you to work around your professional and personal schedule to take classes and do your homework.
Whether you want to take your lunch break at work or an hour of your evening each day to work toward your master’s you will be able to easily find the time – and make it work around your busy schedule.
2) Career Advancement
A master’s degree has an undeniable effect on your career. Many business-related leadership positions desire or require a master’s degree to even qualify for an interview, and even if a position for which you strive does not, it will allow you to set yourself apart from other candidates given the increasing ubiquity of bachelor’s degrees.
Unless you’ve already arrived at the top of your dream company’s hierarchy, chances are you are still striving for improvement within your career. But without a master’s degree, chances are you will hit a glass ceiling at some point that prevents you from moving up further unless you get that advanced degree.
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3) Salary Impact
In addition, business professionals with a master’s degree earn significantly more than their counterparts only possessing a bachelor’s degree. According to the U.S. Census Bureau, the difference is almost $13,000 per year. In other words, the mere fact that you possess a master’s degree diploma allows you to earn over 20% more annually.
4) Internal Recognition
The above three points are very tangible reasons to get your advanced business degree, regardless of your career stage or age. But don’t forget about the intangible reasons to get a degree like your online MBA, which can be just as impactful.
For example, as soon as your professional peers and supervisors know that you have or are even studying toward a master’s degree, their interactions with you will change. Whether they admit it or not, they will begin to take you more seriously, and give your professional opinion more weight. Your credibility will increase drastically.
5) Personal Satisfaction
In addition, nothing beats the feeling of getting that degree. While you probably felt pretty accomplished walking across the stage to receive your bachelor’s diploma, you also did so knowing that in the 21st century, you were one of countless people receiving the same honor. No less than 60% of Millenials have or expect to have a bachelor’s degree within the next few years.
A master’s degree, on the other hand, is a much more exclusive honor. Generally speaking, it means that you are in or near the top 10% of experts within your field, which makes receiving that diploma much more exciting and fulfilling. It is a truly exceptional honor, and one you will carry with you for a lifetime.
In short, no matter the stage and state of your personal life or career, embarking on the journey toward an advanced business degree will come with significant payoff. To learn more about business degrees that help you advance in your career and are designed for working professionals like you, contact us.