An Online MBA Program Boosts Salary

confidant mba degree student

An online MBA program can help you advance in your current career, or allow you to make a career change entirely. With this prestigious graduate degree, you can find opportunities in management and leadership, and it's a given that you’ll establish a strong network of professional associations and alliances.

But do you know the difference in annual median salary between an undergraduate business degree recipient and an MBA-holder? The National Association of Student Financial Aid Administrators reports that the difference is roughly $10,000 to $30,000 per year? Averaged over a lifetime of earning, you can make approximately $400,000 more in your career span with an MBA or master’s degree than if you settle for your bachelor‘s degree alone.

Time to Consider an Online MBA Program

With statistics as eye-opening as these, it may be time for you to think about taking that next step toward pursuing an MBA degree. First of all, your employer might have a tuition reimbursement program that will pay for your MBA. If you’re still hesitating because you need to hold down a job—or have family obligations—and can’t change your schedule to fit the rigors of a 1- to-2-year MBA program in a traditional classroom setting, you’ll be pleased to know there are other options available. Why not consider online MBA programs, for example?

Salaries of Online MBA Program Grads

MBA Salary Job TypeMedian Annual Salary*
Information Systems Manager $127,640
Financial Manager $115,320
Chief Executive Officer $102,750
Financial Analyst $78,620
Marketing Director $127,130

Sources: U.S. Bureau of Labor Statistics 2016-17 Occupational Outlook Handbook; Computer and Information Systems Managers; Financial ManagersTop ExecutivesFinancial Analysts; Marketing Managers.

*The salary information listed is based on a national average, unless noted. Actual salaries may vary greatly based on specialization within the field, location, years of experience and a variety of other factors. National long-term projections of employment growth may not reflect local and/or short-term economic or job conditions, and do not guarantee actual job growth.<br/>

Even better, with an online MBA program you can set your own study schedule and attend class at your convenience, avoid fees such as campus parking and commuter costs and set the pace for completion of your online MBA. With these advantages—as well as the boost in salary that you’ll enjoy— it’s time to find the right accredited online MBA degree program today.