Having an MBA can be a career boost no matter the type of employment. Having earned a graduate degree means the employee has a larger base of knowledge in business administration than many other employees. In some industries, employees with MBAs are in high demand simply because of their experience and skill level. And upper management positions are often filled with employees who have MBAs; in some cases an MBA is a requirement for upper management positions.
Although an MBA is often specific to business and related fields, it also offers the degree holder a large amount of flexibility in career choices. People who have earned MBA degrees are often sought for managerial positions in fields such as health care, education, engineering and many others. In addition, some MBAs use what they have learned to start their own business. An MBA degree means the holder has learned about business management and has been versed in the inner workings of business, leading to more career flexibility than people without MBAs.
When times become tough for business and industry, employees can lose their jobs under cost-cutting measures. In addition, companies often curtail hiring practices under poor economic conditions. People who hold MBA degrees can sometimes avoid these pitfalls because their educational background can make them more valuable than other employees. Business and industry always needs management professionals who understand the keys to maintaining successful business practices, especially when there is an economic downturn.
One of the benefits of the schooling required to earn an MBA degree is that the student will make connections that can prove to be valuable upon entering the workforce. These connections and networking opportunities can come in many forms. Connections with fellow students will enhance discussions and knowledge about the specific fields the students are hoping to work in (or may already have experience). Connections with college and university instructors will present a valuable link between the educational realm and the business marketplace. In addition, many MBA students will have opportunities for internships and similar relationships with businesses, which can become even more valuable when the degree holder seeks employment or seeks to change jobs.