Getting your MBA is a phenomenal accomplishment in the life of a professional. The average MBA applicant is just under 30, while the contingent of older professionals looking for this career-boosting credential is growing as well. This means that the majority of business school students all across the United States are returning to the MBA classroom to pursue this additional degree.
There’s something in the water at business school, and MBA students are seeking it out in droves in order to add rocket fuel to their careers going forward. That being said, what can an MBA really do for you? Here are five great ways to leverage your business school training into new opportunities that will illuminate your path forward to success.
1. Secure your corporate future.
One of the most popular options for MBA graduates is to chase after a corporate management role. This is a great way to secure a high-paying salary with great benefits. Applicants to business school often think about this as a prospective future because companies of all sizes need highly intelligent and analytical managers who know the landscape and can tilt the competition toward their firm’s ultimate success.
MBA graduates are intuitively tapped into the pulse of the business world and can provide this leadership. The application process for an MBA applicant is a taxing endeavor, and only the best candidates for the educational opportunity and the job market that comes after are able to claim these rewards. Speaking with MBA admission consultants at a professional firm, one with years of experience in getting applicants into their dream schools (like Wharton, Kellogg, Stanford, or Harvard Business School) is a great way to improve your chances.
The assistance in completing your application package, acing the GMAT, and proving yourself as a worthy applicant to the MBA admissions team in New York, at Stanford, or elsewhere is instrumental in finding the perfect fit for your needs and your future.
2. Leverage your training to find great investment opportunities.
Platforms like Yieldstreet are a core component of many business graduates’ financial success over the years to come before retirement. Business graduates make for intuitive investors, and with the help of an investment platform that you trust for massive returns—like Yieldstreet’s Prism Fund—you can lock in savings gains for the long haul with ease.
Investing well takes analytical chops that the average saver just doesn’t have. Learning to make great trades takes time and energy that most people simply don’t have an interest in relinquishing. But MBA graduates have already developed this eye for expansion, great finances, and investment opportunities. Lean on the industry-leading pros in the marketplace, like those at Yieldstreet, for maximum returns.
3. Launch a startup.
Many business graduates go into the market for themselves. Launching your own startup is a great way to take advantage of the tools you’ve developed during your latest educational cycle. If you lend your talents to someone else’s business, chances are you won’t make yourself rich—which is often one among many goals of recent graduates of MBA programs. As a student, you’ve cultivated a vast wealth of knowledge, practical skills, and intangible “X-factors” that make you a unique presence in the market.
A startup idea is a perfect way to leverage these talents in order to secure your future wealth. Building your own business gives you creative control over the entire process, and with the training to back you up you will be able to make smart financial and company decisions that will promote growth and success without the second-guessing that might accompany a startup without strong business leadership.
4. Leverage your business training in a field of your choosing.
Some business school graduates don’t remain in the corporate world at all. Rather, MBA holders of this variety choose to apply their business training as a stepping stone toward something else entirely. Education is like a ripple in a lake. Everything you learn in your lifetime creates new ripples that interact with others. Each unique slice of knowledge you add to your repertoire comingles with the background that already exists, giving you a unique perspective on the world and on the business that you choose to undertake.
With a business degree to back you up in marketing, statistics, alternative investing, or government, you will approach problems from a different angle than your peers. This divergence of vision and problem-solving tools allows for a chorus of voices and equal partners in the pursuit of success—whatever that means to you and your teammates.
Business training is invaluable in any context and can provide you with the problem-solving framework that you’re looking for.
5. Work with nonprofits in order to improve your community.
Champions of nonprofits, like John Arnold, former Enron analyst, know the power of a highly-talented individual’s contributions to their community. Many MBA graduates choose to work in nonprofits because it gives them the chance to apply their training to a problem that hits close to home.
Working to better the community around you is a noble goal that many people forget about as they begin to see the fruits of their labor. Remembering where you come from and the challenges that people face in your environment is a great way to leverage your skills for good.
Business school is a foundation that can take you anywhere. Leverage your training to help you accomplish your dreams.