Why is the Master of Business Administration (MBA) the degree of choice for so many ambitious business professionals? A management-focused MBA program combines general business studies across functions with a focus on developing leadership skills. Leadership skills correlate to professional success in climbing organizational hierarchies, in starting and developing entrepreneurial ventures, and in making strong organizations stronger. Leadership skills help determined business professionals realize their ambitions.
In fact, key leadership skills that students can develop in Barry University’s online MBA in Management program support the performance of companies that value such qualities in employees and new hires. According to Indeed, the following are essential leadership skills for the workplace:
- Relationship-building
- Integrity
- Communication
- Flexibility
- Problem-solving
- Decisiveness
- Dependability
- The ability to teach and mentor
- Creativity
- Positive attitude
MBA Alumni Agree — The Degree Is the Key to Leadership, and Much More
If you are an aspiring business manager or executive, now is an opportune time to invest in an MBA — the most popular graduate management education (GME) degree. Through a longitudinal study on the candidate’s perspective, GMAC found that 76% of GME alumni agree that their education prepared them for leadership positions. Moreover, over 90% had a favorable rating of the value of their GME experience, 70% say their education prepared them for their chosen career, and 77% say the degree increased their earnings power.
Further, advancement can come more quickly for MBA graduates than it does for peers without the degree. In GMAC’s study, 87% of GME grads report their degree increased their employability and 68% say their degree yielded opportunities for faster career advancement.
Plus, of course, with greater responsibility comes greater earning power. According to GMAC’s 2023 Corporate Recruiters Survey, the median base salary top employers planned to offer new MBA grads that year was $125,000. In comparison, recruiters planned to offer bachelor’s grads a median base salary of $75,000. Clearly, earning an MBA can be well worth it.
Match Your Abilities to Your MBA Program
Not everyone has an innate aptitude for leadership, though much can be learned through professional development and advanced education. Still, prospective MBA students should be honest with themselves to determine if leadership is a realistic ambition. Candidates who can develop into full-fledged business leaders often possess the following, many of which match or complement the leadership skills discussed above:
- Sense of purpose
- Drive
- Motivational skills
- Critical thinking skills
- Communication skills
- Mental strength
- Conceptual ability
- Empathy and relationship skills
- Talent-identification skills
- Personal integrity
If you have these innate leadership qualities and the desire to maximize your potential, the online MBA in Management program at Barry University may be the perfect fit.
Learn more about Barry University’s online MBA in Management program.