An MBA could be the step you need to take to get a promotion or even that dream salary. But how (and, most importantly, why) does this happen?
The job market values professionals with greater specialization and, if your role is related to the world of finance, know that your remuneration can be much higher compared to those who do not have this degree.
The importance of an MBA for financial managers
When we talk about qualification, in addition to having in-depth knowledge of the businesses in which we operate, it is also necessary to have ongoing education.
Roberto Monastersky, a master and professor at Saint Paul jordan whatsapp data Business School, comments: “Getting an MBA is a matter of survival for professionals who want to occupy a competitive position. For those who are thinking about management levels, it is more than necessary.”
According to consultants, professionals in the financial sector – such as managers, controllers, treasury analysts and accounting-tax analysts – are in high demand in the market. The demand for qualified people to occupy strategic roles is constant, even in times of crisis.
The salary difference between a financial manager with an MBA is considerable
The difference in the salary of a financial manager between those who have an MBA and those who do not is a good indication to invest in a course. This is because the market can pay 20% to 30% more than a professional who does not have the specialization.
“The need for an MBA from a qualified institution, in tune with a globalized reality, is fundamental. Courses have proliferated in the job market in recent years, so it is important for students to look for schools that are different in this regard,” says Monastersky.
When is the best time to do an MBA?
Experts do not recommend completing an undergraduate degree with an MBA. The best age to start the course is between 28 and 40 years old. This is because recent graduates generally do not have the repertoire or professional experience to take advantage of all the information that is covered in the course.
Growth possibilities
The professional growth of financial managers with an MBA is quite positive compared to those without such training. This is because, by investing in a specialization in finance, the training provides knowledge to work as a financial manager in companies of any size.