Sallie Mae

 
 
  Identifying Criteria
 
  Understanding College Options
  •  Community Colleges
  •  Colleges & Universities
  •  Historically Black Colleges
  •  Graduate Schools
    - Business School
    - Benefits
      - Admission Requirements
      - Fields of Study
      - MBA Programs
      - Choosing a School
      -

Ways to Pay

    - Law School
  •  Continuing Education Students
  •  Specialty Programs
 
Searching for Schools

Viewing State Resources

Evaluating Affordability

Narrowing Choices

 
 
Business School

Benefits

An MBA can lead to better paying jobs, promotions, and multiple employment offers. The following results confirm some of the financial benefits:
  • MBA students who graduated in 2004 received an average of 2.6 job offers and an average annual salary of $84,030 before bonuses.
  • US MBA program graduates in 2000 earned an 82% pay increase over their pre-business-school salaries.
Source: Business Week survey of MBA students.

Additional items to consider:

Job placement. Business schools have a vested interest in finding you a job after graduation. This effort can come from on-campus placement services or through the alumni association.

Friendships and networking. MBA courses are increasingly designed to incorporate team and group project work. The contacts made can serve as life-long friendships and future networking opportunities.

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Researching

While mapping your path to an MBA degree consider the following:

•  Some elite business schools only consider candidates with a GPA of at least 3.4, plus five years of work experience.
•  Take time to identify specific business schools of interest.
•  Decide what criteria is important to you.
•  Explore what type of program best suits your personal situation part-time, full-time, or distance learning?

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