{"id":884,"date":"2022-03-28T20:58:54","date_gmt":"2022-03-28T20:58:54","guid":{"rendered":"https:\/\/www.onlinemba.com\/?p=884"},"modified":"2024-07-03T18:29:00","modified_gmt":"2024-07-03T18:29:00","slug":"guide-exactly-what-is-an-mba","status":"publish","type":"post","link":"https:\/\/www.onlinemba.com\/resources\/what-is-an-mba\/","title":{"rendered":"What Is an MBA?"},"content":{"rendered":"<p>A master of business administration (MBA) program is a graduate-level course of study that equips students with a broad understanding of business, finance, and marketing to prepare them for corporate leadership and management roles. According to the Graduate Management Admission Council (GMAC), an MBA continues to be the most in-demand degree type. <\/p>\r\n<p>Getting an MBA is a big commitment &mdash; but increasingly, online and accelerated MBA programs make it possible for working adults to pursue the degree and advance their careers without putting their lives on hold.<\/p>\r\n<p>\"My MBA was the best two years of my life, by far,\" said Stanford graduate and Brains Over Blonde founder Anna Frances Wood. \"I learned so much &mdash; not just about business but also about life. I got an immense amount of feedback and learned more about who I am, how I come across, and who I want to be.\"<\/p>\r\n\r\n<section class=\"-mx-4 md:-mx-1\/2vw py-12 md:py-16 mt-12 md:my-16 relative md:left-1\/2 md:right-1\/2 md:w-screen bg-gray-50\">\n    <div class=\"container content\">\n        \r\n<h2>Popular Online MBA Programs<\/h2>\r\n<p>Learn about start dates, transferring credits, availability of financial aid, and more by contacting the universities below.<\/p>\r\n<sonic-editorial-listings limit=\"3\"><\/sonic-editorial-listings>\r\n\n    <\/div>\n<\/section>\n\r\n\r\n<h2>Is an MBA Worth It?<\/h2>\r\n<p>An MBA is worth it if you want access to better job opportunities and strong salaries. According to GMAC's <a href=\"https:\/\/www.gmac.com\/-\/media\/files\/gmac\/research\/employment-outlook\/2023_gmac_corporaterecruiters_report.pdf\" target=\"_blank\" rel=\"noopener\">2023 corporate recruiters survey<\/a>, earning an MBA can have a significant impact on your hireability and lifetime earnings:<\/p>\r\n\r\n<ul>\r\n<li>The median starting salary for <a href=\"https:\/\/www.onlinemba.com\/mba-careers\/overview\/\">MBA graduates<\/a> was $125,000 a year.<\/li>\r\n<li>MBA graduates continue to be the most sought-after hires among global employers compared to candidates with business master&rsquo;s or bachelor&rsquo;s degrees.<\/li>\r\n<\/ul>\r\n\r\n<p>At the same time, graduate school is expensive, and student loans are no small burden. You need to consider every possible factor when trying to decide whether an MBA will be worth it for you:<\/p>\r\n<ul>\r\n<li>How much does your program cost?<\/li>\r\n<li>What financial responsibilities will you have when you graduate in addition to your student loans?<\/li>\r\n<li>What other kinds of financial aid do you have access to?<\/li>\r\n<li>Will your employer cover some of your education expenses?<\/li>\r\n<li>What is your short-term earning potential?<\/li>\r\n<li>What is your long-term earning potential?<\/li>\r\n<\/ul>\r\n<p>If you want to make sure the return on your investment is a good one, at the very least, you need to <a href=\"https:\/\/www.onlinemba.com\/resources\/how-to-choose-mba-program\/\">choose a quality program<\/a> that:<\/p>\r\n\r\n  <section class=\"checklist-v2\">\n    \n        <ul class=\"space-y-6\">\n    \n    \n                                  \n                <li class=\"flex text-gray-900 list-none\">\n          <sonic-icon class=\"mr-2\" color=\"#a70032\" size=\"small\" icon=\"check\"><\/sonic-icon>\n        <div class=\"non-title text-gray-700 self-end text-base\"><section class=\"checklist-item\" data-icon=\"check\" data-size=\"small\" data-color=\"#a70032\">You can afford.<\/section><\/div>\n  <\/li>\n          \n                                  \n                <li class=\"flex text-gray-900 list-none\">\n          <sonic-icon class=\"mr-2\" color=\"#a70032\" size=\"small\" icon=\"check\"><\/sonic-icon>\n        <div class=\"non-title text-gray-700 self-end text-base\"><section class=\"checklist-item\" data-icon=\"check\" data-size=\"small\" data-color=\"#a70032\">You can finish.<\/section><\/div>\n  <\/li>\n          \n                                  \n                <li class=\"flex text-gray-900 list-none\">\n          <sonic-icon class=\"mr-2\" color=\"#a70032\" size=\"small\" icon=\"check\"><\/sonic-icon>\n        <div class=\"non-title text-gray-700 self-end text-base\"><section class=\"checklist-item\" data-icon=\"check\" data-size=\"small\" data-color=\"#a70032\">Offers <a href=\"https:\/\/www.onlinemba.com\/rankings\/best-online-mba\/highest-paying\/\">high-paying MBA concentrations<\/a>. <\/section><\/div>\n  <\/li>\n          \n        <\/ul>\n      <\/section>\n\n\n\r\n\r\n\r\n\r\n<h2>What Do You Learn in an MBA Program?<\/h2>\r\n<p><a href=\"https:\/\/www.onlinemba.com\/rankings\/best-online-mba\/\">Top online MBA programs<\/a> combine formal classroom coursework with hands-on learning, including simulation exercises, discussion, peer collaboration, and case studies. Final capstone projects often require students to develop a business plan, present a professional portfolio, or put together a mock proposal for a client.<\/p>\r\n<p>MBA coursework covers all the fundamental aspects of business administration, including:<\/p>\r\n<ul class=\"list-disc list-inside pl-8 grid md:grid-cols-3 gap-x-5 md:gap-x-12 items-baseline\">\r\n<li>Marketing<\/li>\r\n<li>Accounting<\/li>\r\n<li>Strategy<\/li>\r\n<li>Finance<\/li>\r\n<li>Research<\/li>\r\n<li>Analysis<\/li>\r\n<\/ul>\r\n<p>Good programs also help students develop so-called \"soft\" skills that are crucial for success, like:<\/p>\r\n<ul class=\"list-disc list-inside pl-8 grid md:grid-cols-3 gap-x-5 md:gap-x-12 items-baseline\">\r\n<li>Communication<\/li>\r\n<li>Leadership<\/li>\r\n<li>Problem-solving<\/li>\r\n<li>Critical thinking<\/li>\r\n<li>Emotional intelligence<\/li>\r\n<\/ul>\r\n\r\n<div class=\"biography flex flex-col justify-center md:justify-start md:flex-row items-center rounded-lg shadow-lg p-8 bg-gray-50 \">\n        <img decoding=\"async\" class=\"object-cover mb-8 rounded-lg max-h-60 md:mb-0\" src=\"https:\/\/res.cloudinary.com\/highereducation\/image\/upload\/ar_1:1,bo_5px_solid_rgb:A70032,c_fill,g_auto,r_max,w_200\/v1\/OnlineMBA.com\/media\/anna-frances-wood.png\" alt=\"Portrait of \" height=\"240\" loading=\"lazy\">\n    <div class=\"md:ml-8\">\n    <h4 class=\"mb-1 font-bold leading-6 biography__title\"><\/h4>\n        <div class=\"mt-4 text-lg leading-6 text-gray-500 md:mb-0 md:pb-0\">\n      \r\n  <p slot=\"contentRight\" class=\"text-primary-900\"><span class=\"font-heading\">I was born and raised in the Bay Area and until this summer, I have never left! I went to the University of California, Berkley, for my undergrad and designed my own major called organizations and leadership. I spent four years at Google and then went on to Stanford University for my MBA. Since then, I&rsquo;ve founded Brains over Blonde &mdash; a feminist lifestyle platform for women who refuse to choose between femininity and success.<\/span><\/p>\r\n  <p slot=\"contentRight\" class=\"text-sm text-right\"><span class=\"text-secondary-700\">&horbar;<\/span> Anna Frances Wood, CEO of Brains over Blonde<\/p>\r\n\n    <\/div>\n      <\/div>\n<\/div>\n\n\n\r\n\r\n\r\n<h2>How Long Does It Take to Get an MBA?<\/h2>\r\n<p>The typical MBA program requires students to complete between 30 and 60 credits.<\/p>\r\n<p>It takes about two years of full-time study to earn an MBA. Part-time students who are pursuing their degree while holding down jobs or other responsibilities should expect it to take a bit longer.<\/p>\r\n\r\n\r\n\r\n<h2>What Types of MBA Programs Are Available?<\/h2>\r\n<h3>Full-time MBA<\/h3>\r\n<p>Full-time MBAs are exactly what they sound like: a full-time commitment. Students typically take three courses each semester and participate in a corporate internship.<\/p>\r\n<h3>Part-time MBA<\/h3>\r\n<p>In most <a href=\"https:\/\/www.onlinemba.com\/resources\/part-time-mba\/\">part-time programs<\/a>, classes are held once a week. They may take place on or off campus, on evenings, or on weekends. This option can be convenient for those who want to advance their careers while maintaining their professional and personal lives.<\/p>\r\n<h3>Online MBA<\/h3>\r\n<p>The <a href=\"https:\/\/www.onlinemba.com\/rankings\/best-online-mba\/\">online MBA<\/a> is a popular option for students seeking a more convenient curriculum format they can complete on their own time and in their own homes. Many online MBAs are also offered on an accelerated schedule, allowing students to finish degrees even faster.<\/p>\r\n<h3>Hybrid MBA<\/h3>\r\n<p>The hybrid MBA offers a combination of online and on-campus study, an option that works well for students who live close to campus and prefer diverse learning methods.<\/p>\r\n<h3>Executive MBA<\/h3>\r\n<p><a href=\"https:\/\/www.onlinemba.com\/rankings\/best-online-mba\/executive-mba\/\">The executive MBA<\/a> is geared toward mid-career business professionals with roughly 10 years of experience in the industry. Compared to a traditional MBA, which covers general business concepts, this program offers a fast track for those looking to improve their existing business, start a new one, or advance their entrepreneurial skills.<\/p>\r\n<h3>Professional MBA<\/h3>\r\n<p>The professional MBA caters to early-career business owners and executives with less than 10 years of experience. Like the executive MBA, professional MBAs are offered as part-time programs, with courses available in the evenings or on weekends to better fit full-time work schedules.<\/p>\r\n<h3>Global MBA<\/h3>\r\n<p>Though every school has its own approach to the global MBA, this degree is similar to a foreign exchange program for business-minded grad students. The global MBA is a good fit for students seeking a worldly perspective on business and commerce. Learners will likely also have ample study-abroad opportunities during the program.<\/p>\r\n<h3>Modular MBA<\/h3>\r\n<p>The modular MBA is a fully customizable option for experienced business professionals. Like professional and executive MBAs, the modular MBA assumes students have a basic knowledge of fundamental business concepts and requires fewer electives than a traditional MBA. It allows students to handpick modules and courses to build their own curriculum.<\/p>\r\n<h3>Dual MBA<\/h3>\r\n<p>The <a href=\"https:\/\/www.onlinemba.com\/resources\/dual-degrees\/\">dual MBA<\/a> offers students the opportunity to earn an MBA and another graduate degree simultaneously. This option may be especially convenient for students interested in mastering business administration skills for a career in public policy, criminal justice, or healthcare.<\/p>\r\n\r\n\r\n\r\n<h2>Frequently Asked Questions About MBA Degrees<\/h2>\r\n\r\n\n<section class=\"accordion   \" layout=\"\" data-cy=\"accordion\" data-accordion data-accordion-type=\"faq\" data-accordion-title=\"accordion-790693\">\n\t\t\t<ul class=\"my-0 text-right\">\n\t\t\t<li class=\"inline-block mb-0 mr-1\">\n\t\t\t\t<button class=\"p-3 py-2 text-xs leading-3 border collapse-all control\">\n\t\t\t\t\tCollapse All\n\t\t\t\t<\/button>\n\t\t\t<\/li>\n\t\t\t<li class=\"inline-block mb-0\">\n\t\t\t\t<button class=\"p-3 py-2 text-xs leading-3 border expand-all control\">\n\t\t\t\t\tExpand All\n\t\t\t\t<\/button>\n\t\t\t<\/li>\n\t\t<\/ul>\n\t\n\t\t\t\t\t\t\t<div\n\t\t\tclass=\"accordion__items is-active\" data-order=1>\n\t\t\t<!-- header -->\n\t\t\t<div class=\"flex items-center overflow-hidden cursor-pointer header flex-nowrap\" role=\"button\" tabindex=\"0\" aria-expanded=\"true\" aria-controls=\"content-1\" id=\"header-1\">\n\n\t\t\t\t\n\t\t\t\t<!-- title -->\n\t\t\t\t\t\t\t\t\t<h3 class=\"mr-auto text-xl font-bold leading-6 title lg:text-2xl\">\n\t\t\t\t\t\tWhat is an MBA, and is it worth it?\n\t\t\t\t\t<\/h3>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t<!-- control -->\n\t\t\t\t<span class=\"flex justify-center flex-grow-0 flex-shrink-0 w-20 text-center\" aria-hidden=\"true\" focusable=\"false\">\n\t\t\t\t\t<svg class=\"block w-6 h-6 collapse\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" fill=\"none\" viewbox=\"0 0 24 24\" stroke=\"currentColor\">\n\t\t\t\t\t\t<path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M19 9L12 16L5 9\"><\/path>\n\t\t\t\t\t<\/svg>\n\t\t\t\t\t<svg class=\"hidden w-6 h-6 expand\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" fill=\"none\" viewbox=\"0 0 24 24\" stroke=\"currentColor\">\n\t\t\t\t\t\t<path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M5 15l7-7 7 7\"><\/path>\n\t\t\t\t\t<\/svg>\n\t\t\t\t<\/span>\n\t\t\t<\/div>\n\n\t\t\t<!-- content -->\n\t\t\t<div class=\"block p-8 content\">\n\n\t\t\t\t\n\t\t\t\t<section>&#13;\n &#13;\n&#13;\n<p>An MBA is a graduate-level degree designed to train you for business leadership across industries and corporations. Students who graduate with an MBA typically enjoy significantly higher salaries than their counterparts who only have a bachelor's degree. They are also more likely to be considered for senior management positions and executive roles.<\/p>&#13;\n<\/section>\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<div\n\t\t\tclass=\"accordion__items \" data-order=2>\n\t\t\t<!-- header -->\n\t\t\t<div class=\"flex items-center overflow-hidden cursor-pointer header flex-nowrap\" role=\"button\" tabindex=\"0\" aria-expanded=\"false\" aria-controls=\"content-2\" id=\"header-2\">\n\n\t\t\t\t\n\t\t\t\t<!-- title -->\n\t\t\t\t\t\t\t\t\t<h3 class=\"mr-auto text-xl font-bold leading-6 title lg:text-2xl\">\n\t\t\t\t\t\tHow much does an MBA cost?\n\t\t\t\t\t<\/h3>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t<!-- control -->\n\t\t\t\t<span class=\"flex justify-center flex-grow-0 flex-shrink-0 w-20 text-center\" aria-hidden=\"true\" focusable=\"false\">\n\t\t\t\t\t<svg class=\"block w-6 h-6 collapse\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" fill=\"none\" viewbox=\"0 0 24 24\" stroke=\"currentColor\">\n\t\t\t\t\t\t<path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M19 9L12 16L5 9\"><\/path>\n\t\t\t\t\t<\/svg>\n\t\t\t\t\t<svg class=\"hidden w-6 h-6 expand\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" fill=\"none\" viewbox=\"0 0 24 24\" stroke=\"currentColor\">\n\t\t\t\t\t\t<path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M5 15l7-7 7 7\"><\/path>\n\t\t\t\t\t<\/svg>\n\t\t\t\t<\/span>\n\t\t\t<\/div>\n\n\t\t\t<!-- content -->\n\t\t\t<div class=\"block p-8 content\">\n\n\t\t\t\t\n\t\t\t\t<section>&#13;\n&#13;\n<p>The average annual tuition and fees of an MBA is $31,266, according to the National Center for Education Statistics. Therefore, a two-year MBA program costs $62,532. However, costs may vary depending on factors such as the program and school.<\/p>&#13;\n<\/section>\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<div\n\t\t\tclass=\"accordion__items \" data-order=3>\n\t\t\t<!-- header -->\n\t\t\t<div class=\"flex items-center overflow-hidden cursor-pointer header flex-nowrap\" role=\"button\" tabindex=\"0\" aria-expanded=\"false\" aria-controls=\"content-3\" id=\"header-3\">\n\n\t\t\t\t\n\t\t\t\t<!-- title -->\n\t\t\t\t\t\t\t\t\t<h3 class=\"mr-auto text-xl font-bold leading-6 title lg:text-2xl\">\n\t\t\t\t\t\tIs getting an MBA hard?\n\t\t\t\t\t<\/h3>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t<!-- control -->\n\t\t\t\t<span class=\"flex justify-center flex-grow-0 flex-shrink-0 w-20 text-center\" aria-hidden=\"true\" focusable=\"false\">\n\t\t\t\t\t<svg class=\"block w-6 h-6 collapse\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" fill=\"none\" viewbox=\"0 0 24 24\" stroke=\"currentColor\">\n\t\t\t\t\t\t<path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M19 9L12 16L5 9\"><\/path>\n\t\t\t\t\t<\/svg>\n\t\t\t\t\t<svg class=\"hidden w-6 h-6 expand\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" fill=\"none\" viewbox=\"0 0 24 24\" stroke=\"currentColor\">\n\t\t\t\t\t\t<path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M5 15l7-7 7 7\"><\/path>\n\t\t\t\t\t<\/svg>\n\t\t\t\t<\/span>\n\t\t\t<\/div>\n\n\t\t\t<!-- content -->\n\t\t\t<div class=\"block p-8 content\">\n\n\t\t\t\t\n\t\t\t\t<section>&#13;\n&#13;\n<p>It's not a cakewalk, that's for sure. MBA programs tend to be fairly challenging -- especially the more quantitative topics like finance, accounting, and statistics. Students will be expected to master complex mathematical, business, and legal concepts while developing their own innovative strategies and proposals.<\/p>&#13;\n<p>But the payoff -- really knowing your stuff and moving confidently in business spaces -- can be worth it.<\/p>&#13;\n<\/section>\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<div\n\t\t\tclass=\"accordion__items \" data-order=4>\n\t\t\t<!-- header -->\n\t\t\t<div class=\"flex items-center overflow-hidden cursor-pointer header flex-nowrap\" role=\"button\" tabindex=\"0\" aria-expanded=\"false\" aria-controls=\"content-4\" id=\"header-4\">\n\n\t\t\t\t\n\t\t\t\t<!-- title -->\n\t\t\t\t\t\t\t\t\t<h3 class=\"mr-auto text-xl font-bold leading-6 title lg:text-2xl\">\n\t\t\t\t\t\tWhat's the difference between a master's and an MBA?\n\t\t\t\t\t<\/h3>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t<!-- control -->\n\t\t\t\t<span class=\"flex justify-center flex-grow-0 flex-shrink-0 w-20 text-center\" aria-hidden=\"true\" focusable=\"false\">\n\t\t\t\t\t<svg class=\"block w-6 h-6 collapse\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" fill=\"none\" viewbox=\"0 0 24 24\" stroke=\"currentColor\">\n\t\t\t\t\t\t<path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M19 9L12 16L5 9\"><\/path>\n\t\t\t\t\t<\/svg>\n\t\t\t\t\t<svg class=\"hidden w-6 h-6 expand\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" fill=\"none\" viewbox=\"0 0 24 24\" stroke=\"currentColor\">\n\t\t\t\t\t\t<path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M5 15l7-7 7 7\"><\/path>\n\t\t\t\t\t<\/svg>\n\t\t\t\t<\/span>\n\t\t\t<\/div>\n\n\t\t\t<!-- content -->\n\t\t\t<div class=\"block p-8 content\">\n\n\t\t\t\t\n\t\t\t\t<section>&#13;\n&#13;\n<p>An MBA is a very specific kind of master's degree that focuses specifically on business administration. MBAs are internationally recognized for providing the knowledge and skills required to succeed in a business environment or management role.<\/p>&#13;\n<\/section>\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<div\n\t\t\tclass=\"accordion__items \" data-order=5>\n\t\t\t<!-- header -->\n\t\t\t<div class=\"flex items-center overflow-hidden cursor-pointer header flex-nowrap\" role=\"button\" tabindex=\"0\" aria-expanded=\"false\" aria-controls=\"content-5\" id=\"header-5\">\n\n\t\t\t\t\n\t\t\t\t<!-- title -->\n\t\t\t\t\t\t\t\t\t<h3 class=\"mr-auto text-xl font-bold leading-6 title lg:text-2xl\">\n\t\t\t\t\t\tHow much does an MBA increase your salary?\n\t\t\t\t\t<\/h3>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t<!-- control -->\n\t\t\t\t<span class=\"flex justify-center flex-grow-0 flex-shrink-0 w-20 text-center\" aria-hidden=\"true\" focusable=\"false\">\n\t\t\t\t\t<svg class=\"block w-6 h-6 collapse\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" fill=\"none\" viewbox=\"0 0 24 24\" stroke=\"currentColor\">\n\t\t\t\t\t\t<path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M19 9L12 16L5 9\"><\/path>\n\t\t\t\t\t<\/svg>\n\t\t\t\t\t<svg class=\"hidden w-6 h-6 expand\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" fill=\"none\" viewbox=\"0 0 24 24\" stroke=\"currentColor\">\n\t\t\t\t\t\t<path stroke-linecap=\"round\" stroke-linejoin=\"round\" stroke-width=\"2\" d=\"M5 15l7-7 7 7\"><\/path>\n\t\t\t\t\t<\/svg>\n\t\t\t\t<\/span>\n\t\t\t<\/div>\n\n\t\t\t<!-- content -->\n\t\t\t<div class=\"block p-8 content\">\n\n\t\t\t\t\n\t\t\t\t<section>&#13;\n&#13;\n<p>Various surveys show an MBA can significantly boost your salary. According to GMAC's 2023 corporate recruiters survey, MBAs earned a median starting salary of $125,000, outpacing the $75,000 earned by bachelor's degree holders. A <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-03-10\/mba-starting-salaries-fail-to-keep-up-with-inflation?srnd=economics-v2&amp;leadSource=uverify%20wall&amp;embedded-checkout=true\" target=\"_blank\" rel=\"noopener\">2023 survey by Bloomberg Businessweek<\/a> found that MBAs increased their salary by $85,000.<\/p>&#13;\n<\/section>\n\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\n\t<\/section>\n\n\n","protected":false},"excerpt":{"rendered":"What is an MBA? 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