Furthering your education: What are the ‘degree-specific’ benefits offered by an MBA?

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Furthering your education: What are the ‘degree-specific’ benefits offered by an MBA?
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An MBA can be a route to a promotion, higher salary, building your professional reputation or managing your own business

Choosing to complete an MBA is not a decision one takes lightly. Often, it is completed part-time on top of a full-time job, with the cost of the course coming in at about €35,000.

According to Colin Hughes, head of the graduate business school at TU Dublin, this is one of the biggest benefits of studying an MBA. The curriculum within an MBA is broad by design, but many in Ireland are AMBA-accredited, which is a quality standard, and which provides guidance on what the course should cover.

And while many people opt for an MBA for professional development, there is also large personal development, Hughes said. “I always say an MBA is like a two-year reflective exercise. It gives a person the ability to reflect. It shows them how to step back and analyse a situation and what you would do differently,” he said.He added: “Teamwork is another one.

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