Most people choose to study for an MBA for three reasons, one is to increase salary levels, the other is to increase promotion capital, and the third is to have more employment options.
So, can an MBA really lead to a promotion and a raise? How can you help you with your employment direction?
Today, Xiao Zhangjun will talk about the problems that everyone is most concerned about!
01
Raise salary levels
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Let's first look at the salary increase of MBA at home and abroad.
The employment report was downloaded from the official website of the major schools for the reference of the students, but the macro data is actually of little significance to the individual reference, especially the data of foreign business schools, covering foreign students, and the reference value of Chinese students is even more limited.
(Peking University MBA Employment Report)
(CEIBS MBA Employment Statistics)
From the overall statistics of MBA in China and Europe, it can be found that the conversion rate after MBA graduation is very high, reaching more than 80% (including cross-industry or sector, industry/function)
(MBA, Kellogg, Northwestern University, USA)
Of course, I listed this data, not to let you run to these top business schools to take the exam, with this economic strength and professionalism of course encourage you to take the exam, after all, it is the top of the pyramid, the gold content of academic qualifications is self-evident.
But the top MBA tuition fee is basically 400,000, and the competition is also extremely fierce, taking Tsinghua as an example, taking Tsinghua MBA as an example, the number of people preparing for early interviews in 2018 reached 4,000, and the admission quota was only 385, and less than 1/10 of them could be finally admitted.
Therefore, if you do not have extraordinary strength, I do not recommend that you take risks. There are hundreds of colleges and universities in the country that open MBA (regardless of the application method), and the choice space is still very large, and the most important thing in choosing an institution is to find the right one for yourself.
02
Increase promotion capital
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The threshold for promotion is academic qualifications, and the reason for promotion is ability. Both of these MBAs happen to be available to you. The promotion of large state-owned enterprises and many public institutions needs to examine academic qualifications, and those with low academic qualifications are slow to promote, there are many promotion conditions, and the promotion conditions with high academic qualifications are fast and the promotion conditions are few. Take a look at the MBA favored by various companies on the recruitment platform:
It can be seen that the higher the academic qualification, the shorter the actual number of years of work required for promotion. After completing the MBA, it is a postgraduate degree and a master's degree, and the role of promotion is self-evident.
03
Increase employment options
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After graduating from MBA, what employment directions can be carried out?
The first is the financial industry
From Peking University Guanghua's 2019 graduate employment report, it can be seen that Peking University Guanghua's MBA graduate industry flows to a very "financial and economic characteristic", there is no suspense, and the proportion of financial categories such as banks and securities is relatively high, accounting for 42.3%.
Similarly, in the same year, the proportion of MBA graduates from South China University of Technology engaged in financial industries such as securities insurance, banking, and accounting has increased significantly (an increase of 4%) compared with the changes before and after graduation in other industries.
(Peking University Guanghua 2019 Graduate Employment Report)
(South China University of Technology Graduate Employment Report 2019)
In addition, there is also self-employment
In the process of MBA learning, it is often possible to form a systematic management system and leadership thinking. At the same time, more contacts will be made in school activities and daily learning, all of which undoubtedly lay the foundation for independent entrepreneurship.
We can see that as many as 11% of MBAers at South China University of Technology have chosen to start their own businesses after graduation.
The School of Management of Sun Yat-sen University also showed in the employment report of MBA graduates that the proportion of independent entrepreneurs after graduation was twice that of before enrollment, from the original 3% to 6%.
(Source: South China University of Technology Graduate Employment Report)
(Source: Employment Report of Graduates of School of Management, Sun Yat-sen University)
In Peking University HSBC's 2018 graduate employment report, 6% of the trainees also chose to start their own business after graduation. The proportion is the same as entering popular industries such as government, manufacturing, and construction.
(Source: Employment Report of Peking University HSBC MBA Graduates)
It can be seen that MBAer's ability and confidence in starting his own business after the end of his MBA study have been greatly improved.
Consulting industry with great industry potential
In the employment distribution of MBA, the consulting industry is not as prominent as the manufacturing and financial industries. But it also has extremely deep industry potential. In recent years, it has even been hailed as the industry with the highest return on MBA investment.
(Source: Employment Report of Tsinghua MBA Graduates)
(Source: Fudan MBA Graduate Employment Report)
As can be seen from the figure, whether it is Tsinghua MBA or Fudan MBA, in the classification of graduate industries, the consulting industry is second only to the financial industry, ranking second in the flow of graduates with a proportion of 16.33% and 14% respectively, which can be described as a strong momentum.
Moreover, in terms of the current employment situation, most consulting firms have a certain preference for MBA graduates, and the required vocational skills are also covered during the business school period. It can be said that it is an industry with high development prospects and industry fit in recent years.
In addition to the above three industries, there are many industries to choose from, before Xiao Zhangjun also made specific sharing, interested can poke blue character review
What are the job prospects for an MBA in 2022?
At present, more and more people apply for MBA, and the school's investment in MBA education is also increasing according to its own teaching characteristics and teacher strength, and gradually tends to diversify its approach, and the future development path of MBA graduates is also more and more broad.
All in all, reading an MBA degree can not only recharge your workplace and make yourself more valuable, but also know the big bulls and bosses in various industries in the process of reading the degree, accumulate network resources, and pave the way for your future workplace promotion.