Deciding to get a master of business administration, or MBA, is a big career move and a huge commitment of time and money. Understanding the benefits of the degree can help you decide whether now is the right time.

Critical Thinking Skills

To succeed like a business person, you must think like a business person. An MBA degree teaches you to think critically and use strategy in your business goals and interactions.

Credibility

When you have an MBA, fellow business persons will see you as a credible peer with a degree to back up your knowledge and skills.

Networking

Earning your MBA can give you inroads to networking circles that can help you further your career.

Return on Investment

The ROI of obtaining your MBA can be great as long as you apply what you know at work, as the value of the degree lies in the application and not the title. The return is greater if you do not have to miss work to attend school, or if your employer helps to finance your education.

Stability

Holding an MBA can give you a competitive edge in the workplace, leading to more job stability.

Improve Job Performance

An MBA can teach you communication skills and an understanding of the business world that leads to improved job performance and better evaluations.