The Value of an MBA at CSPPosted November 4, 2014 | By csponline
In recent years, having an MBA has helped many graduates succeed in business. But for students who are considering investing significant time and money into earning the degree, what is the value of an MBA?
According to Nanci Hellmich of USA Today, in 2014, employees with MBAs are projected to earn a median U.S. based salary of $95,000. She notes that 86 percent of U.S. companies that recruit from business schools plan to hire MBA graduates in 2014—up from 81 percent in 2013 and 51 percent in 2009.
For those looking to advance their career, then, an MBA can be a good option. And for working professionals, an online program offers the convenience and flexibility you need to earn your degree while juggling work and family commitments.
Concordia University, St. Paul’s program was ranked in the top 10 MBA programs, according to Twin Cities Business. Our online program is designed to help you learn real-world skills that will help you not only earn the job you want, but also excel in that role.
Workplaces are built on relationships, and the Concordia online MBA program helps model that for students.
The faculty brings business experience to the classroom, so you learn more than the theory of business—you also learn practical applications. For personal attention and to help each student grow, Concordia has developed the MBA mentorship and managerial application portfolio (MAP) program.
In this program, a full-time faculty member guides students through their graduate school experience. Acting as a personal business coach, your mentor can help you with networking, interpersonal skills and ultimately, building a culminating portfolio for your career. You’ll build a relationship with someone who is a coach, cheerleader and experienced professional to help you develop the skills you need to succeed.
It’s not just your professors who will teach you; at Concordia, the relationships you build with your peers are just as important. Concordia uses a cohort format, so you have the opportunity to work with other students throughout the degree program, building on each other’s knowledge and taking advantage of their experience. You’ll learn what fellow professionals use in their day-to-day work environment.
Because most of the students in the online MBA program are working adults, you can take what you learn and apply it to your current job, helping you to fully understand the concepts and discover how they work in an actual business environment.
Choosing a Specialty
It’s no secret that business continues to become more specialized. That’s why Concordia offers three concentrations for the online MBA degree: health care management, information technology management and marketing analytics.
All MBA programs offer foundational courses in business principles, economics, leadership and more. The concentrations, however, allow you to focus more deeply on an area of interest, delving into the issues facing specific industries and learning strategies to keep up with a rapidly changing world.
Whether it’s understanding the nuances of health care reform or learning how to scale IT services for a growing company, you’ll understand the real-world applications of your business degree.
At Concordia, we are proud to say that our graduates have gone on to work at some of the biggest companies in Minnesota, and the country. Below are just a few of the places where Concordia MBAs have been employed:
- Wells Fargo
- UnitedHealth Group
- The Mayo Clinic
- Thompson Reuters Corporation
These are just a few of the places where our graduates are bringing their knowledge and skills.
Visit the online MBA page for Concordia, which contains an overview along with course descriptions, requirements and start dates.