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MBA Degree Seekers Enroll in Programs For the Love of Learning



By Catherine Groux
Posted September 29, 2011 04:27 PM

Many business school students say they value the knowledge they gain in their programs.
Many business school students say they value the knowledge they gain in their programs.
Earning a Master of Business Administration (MBA) degree can lead individuals to high-paying positions within various companies and organizations. For example, the U.S. Bureau of Labor Statistics states that top executives - including chief executive officers, presidents, general managers and chief operating offers - typically need a graduate credential, such as an MBA.

However, a new survey by Veritas Prep shows that many students do not choose to earn an MBA to land advanced positions. According to the results, only 54% of MBA degree seekers hope to find high-paying, prestigious jobs after graduation.

A larger majority of MBA students hope to gain valuable knowledge during their classes. The report shows that approximately 71% of MBA degree seekers enroll in graduate programs because they have an interest in how business affects society. Additionally, about 67% of respondents said they would still apply to MBA programs, even if they were told that business school graduates struggled to find jobs in their field.

When searching for a graduate program, the survey shows that most MBA degree seekers say that the rank and prestige of the school is important, while others said networking opportunities were more valuable.

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