A master’s degree in business is now the most popular graduate degree in America, according to the U.S. Department of Education. But while there is clear demand for MBAs, some experts continue to question the value of an MBA – more specifically the return on investment.
To address the debate over the ROI of an MBA, MBA@UNC, UNC Kenan Flagler Business School’s online MBA program, created an infographic that highlights the potential benefits of an MBA, including salary data, employment rates, and the top 15 schools with the best “5-Year MBA Gain.” The visualization of the top schools is compelling, as it represents the net cumulative amount the typical alumni would have earned after five years by getting their MBA versus staying in their pre-MBA career.
While the statistics are powerful, it is the student reflections on earning an MBA that have proven to be most meaningful to prospective students. According to November 2013 Graduate Management Admission Council (GMAC) data, 96 percent of MBA graduate respondents rated the value of their degree as outstanding, excellent or good and would recommend a graduate management education to others. Three out of four said they could not have obtained their job without their graduate business education.
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Explore MBA@UNC’s infographic below for more interesting facts and figures.
Brought to you by MBA@UNC: an online mba program