The decision to get your MBA and invest in your future is one of the most important and largest decisions you will ever make. The value of your degree will influence and shape your career path and life for years to come. Is the investment worth it? Absolutely! But don't take our word for it. Check out what our current and former students have to say as well as some of the latest research on the value of an MBA.
"Looking back I realize that the process of earning my MBA was one of the hardest things I'd ever done. But it was also one of the best. From dramatically increasing my earning potential to the lifelong relationships I built with classmates, the benefits are endless."
Marlissa Collier, SMU Cox MBA 2015
Manager in AT&T's Leadership Development Program
Top Reasons to Get Your MBA:
1. MBA Alumni overwhelmingly say their experience was worthwhile both professionally and personally, with a great Return on Investment!
Determining the ROI of your MBA depends on many factors: your current salary, your previous work experience, what industry you are going into and in what functional role. However, by working with SMU's best in class Career Management Center
, SMU Cox MBAs are able to land their dream jobs and increase not only their average salary directly out of school, but are able to continue to advance more quickly than they would be able to without their degree. Find out what your earning potential is with the GMAC MBA Salary Calculator
2. Demand for MBAs continues to increase
According to the Graduate Management Admission Council's 2015 Corporate Recruiters Survey Report, more than half of employers (56%) plan to increase starting annual base salaries in 2016 at or above the rate of inflation, while 84% of employers plan to hire more MBA graduates. GMAC also reports that the vast majority of MBAs agree that their MBA:
Improved their chances of finding a job that meets their expectations
- Provided a competitive advantage in the job market and prepared them to meet the challenges of the job market
- Empowered them to be in control of their employment outcomes
- Introduced them to new career opportunities
3. Expand your professional network
By getting your MBA at SMU Cox you will become a lifelong member of the Cox Alumni Association and gain access to a professional network of over 40,000 alumni worldwide. SMU Cox is consistently rated as one of the top schools globally for strength of our alumni network.
4. Your debt will disappear faster than you think it will
Among full-time MBA graduates, the average payback period is less than 4 years (significantly shorter than many other graduate degree programs). MBA graduates are able to recoup a third of their investment within their first year of work alone. Find out more in GMAC's 2016 Alumni Perspective Survey Report:
5. Develop your leadership skills while gaining functional knowledge
In addition to gaining functional expertise in finance, management, accounting, marketing, and strategy, MBAs report large gains in decision-making skills, leadership skills, and managing strategy and innovation. SMU Cox's Business Leadership Center is dedicated to providing MBAs with seminars and programs specifically to build skills around executive leadership and communication.
"I chose SMU Cox because getting an MBA program is an investment, and I know I will have the greatest return with this program. SMU Cox is well respected and has an outstanding alumni network, both globally and locally. The Professional MBA program is ideal for me because I can still work and maintain my income while earning my degree and I especially like the ability to have a specific concentration."
SMU Cox PMBA Class of 2016
Retirement Relationship Manager