Choosing a postgraduate degree can be quite difficult. After all, you’ve already made it through a bachelor’s degree program, and now it’s time to set yourself up for a career. Naturally, most people want to choose an advanced program that will ensure a rewarding, lucrative career.
Luckily, you can’t go wrong with any advanced business degree as they all open the door to amazing opportunities. However, choosing one that will ensure a strong impact and longevity is the tricky part.
Follow along as we explore which advanced business degree is your best bet for a long, rewarding career.
Are Advanced Business Degrees Essential for a Great Career?
While advanced business degrees aren’t essential, they can certainly set you up for a great career. It’s no secret that having an advanced business degree can make your resume look better. That’s especially true if you have a master’s in business administration or a Doctor of Philosophy (Ph.D.).
Both of these impressive terminal degrees leave plenty of room for upward mobility. Earning an advanced degree can demonstrate your drive and ambition. That can understandably appeal to any employer looking to recruit the best talent.
An advanced degree can boost earning potential and help you land high-level positions. The skill, determination, and self-discipline it takes to earn an advanced degree can benefit any employer. With so many advanced business degrees to choose from, which one is best for you?
Master of Business Administration
A Master of Business Administration (MBA) is one of the most widely known advanced business degrees, with good reason. This advanced business degree can open the door to executive positions as you can start your career at an advantage. It becomes much easier to skip past entry-level positions and start your journeys toward managerial positions much sooner.
For example, in healthcare, you can earn a dual MBA/Master of Nursing Science (MSN) degree. This is a great option if you want a role as a Chief Nursing Officer or executive manager. In business, an MBA can help you start the path to becoming a chief financial officer or chief executive officer.
Doctor of Business Administration
A Doctor of Business Administration (DBA) degree is another highly-regarded advanced business degree that can take you far. That’s especially true if you want to pursue a consulting and business leadership career. DBA graduates are often up for the same jobs as MBA graduates, such as CFO and CEO positions.
A DBA can open the door to high-salary positions and entrepreneurial positions. DBA graduates are great candidates for companies looking to hire problem solvers. Because of that, getting a job upon graduating is relatively easy, and working your way up the ladder doesn’t often take long.
Master of Finance
Every business and corporation can benefit from employing financial gurus. That’s where Master of Finance graduates come into play, and they can pursue many rewarding career paths. You can become a financial account manager, financial analyst, or CFO with a Master of Finance.
Master of Finance programs emphasize financial theory, risk management, corporate finance, data analysis, and more. Each skill you pick up in your academic journey can help prepare you for your career. Earning a Master of Finance takes a large financial and time investment, but it builds character and sets you up for a great career.
Master of Accounting
The best way to make a strong professional impact is to get a degree that makes you as valuable as possible. Boasting a Master of Accounting degree is one great way to do that, and it opens the door to many career opportunities. With this degree, you can get a job as a public or corporate accountant, and both jobs are lucrative.
Corporate accountants have the benefit of job security, which is more valuable than anything in the business world. Every business or corporation needs a well-read accountant, and a Master of Accounting guarantees that. You can also become a public accountant or pursue a government position with the Internal Revenue Service with a Master of Accounting.
Set Yourself Up for a Great Career with an Advanced Business Degree
Many people have enjoyed long business degrees with only a bachelor’s degree. That is quite respectable, but you can’t blame someone for wanting to pursue an advanced degree. The upward mobility, job security, and high-salary positions they provide are invaluable.
Don’t be intimidated by the hard work and time commitment that advanced business degrees require. After all, nothing good in life comes easy, and that’s especially true in the business world.