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Report: MBA degrees can provide a large return on investment



Posted May 24, 2010 01:39 PM

Report: MBA degrees can provide a large return on investment
Report: MBA degrees can provide a large return on investment
While the recession has inspired many individuals to pursue a campus-based or online masters degree in an effort to launch a new career, other students are choosing to update their skills in order to move up with their current employers.

The choice to do so could pay off quite handsomely for business professionals, as new research suggests that MBA degrees can help these individuals earn much higher salaries.

Over the course of a lifetime, MBA holders can earn a great deal more than professionals who only have undergraduate degrees, according to research from the College of Business at Concordia University Texas. The U.S. Bureau of Labor Statistics also reports that the additional earnings that come with the completion of an MBA program could be worth up to thousands of dollars per week.

In fact, individuals who complete MBA programs could see pay raises between 10 and 82 percent after they graduate, and their investment in their education could pay off in three to five years.

"While salary differential studies can be controversial, what can be stated definitively is that earning an MBA sets you apart," said Donald Christian, dean of the business school.

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