The MBA market is expanding. More and more people have as their first postgraduate option to study an MBA. And the truth is that we are not surprised.

As for the professional profiles that decide to train or expand their knowledge in business management, it is varied, from businessmen, managers, entrepreneurs, middle managers, liberal professionals, etc. In the classroom, there is always a high percentage of engineers who choose to study for an MBA to complete their technical training with business management skills.

The reasons to study Master in Business Administration are endless, and if you still want to read the most common ones, Just Business Today has published a great blog post here: 

In this article, we summarize the main reasons that will make you choose this type of study.

Study an MBA with updated content

Many students leave college thinking that nothing they have learned will serve them in the future. The truth is that, in most cases, university curricula are disconnected from reality or have become obsolete.

MBAs, unlike other courses, are masters that are highly adapted to the real world for two reasons:

These studies are usually taught in Business Schools where most of the teachers are also professionals from the business world or entrepreneurs. On the contrary, in universities, the teaching staff is usually made up of university professors, specialized in research. 

The former is more familiar with the private sphere and base their teaching on real experiences. Meanwhile, the latter, move more in the public sphere.

The Business Schools are usually private companies, forcing them to completely updated to compete in the market. This causes them to adapt more easily to changes, both in content and in methodologies.

Emphasis on soft skills

There is very little training offer that focuses on working on the personality of the students. Despite the fact that there is more and more talk about the importance of putting memorization aside to move on to work on other aspects, the educational system takes a long time to adapt.

Digitization has highlighted the importance of all educational stages focusing on working on the so-called '4.0 skills' or 'soft skills'. Among these, we find teamwork, leadership, resilience, communication skills, assertiveness, stress management...

The MBAs are completely focused on working on these skills. When studying an MBA, learning soft skills is implicit in the methodology used in most of the Master of Business Administration: the Case Method. This method emphasizes the need to put practice and problem solving before rote learning.

To study an MBA you don't need a large investment

Contrary to popular belief, taking a Master of Business Administration is not excessively expensive. While it is true that there are masters that very few people could afford, there is a lot of variety among MBAs - it is a matter of finding the one that best suits your needs.

An opportunity to network

There is no doubt that one of the strengths of studying an MBA is that you will become part of a large network of contacts. The people with whom you will share class have concerns and interests very similar to yours. You will be able to share ideas and learn a lot from each other. In addition to networking, there will be people with whom you will start real friendships and, in some cases, you will even find partners to do business with in the future.

There are thousands of stories in which MBA colleagues have ended up carrying out entrepreneurship projects together. As the master's thesis is usually to design a business project, many people decide to materialize it.

For more open students, the network of contacts will expand to reach the faculty. In a master with these characteristics, the distance between teacher and student is greatly reduced, due to the methodology used and the profile of the students. Do not miss the opportunity and ask all you can. Teachers are usually very well positioned in the professional world and will be happy to help you.

Your income will grow

As we have mentioned before, you don't need to make a large investment to pursue an MBA. In addition, if that were not enough, the data shows that the investment pays off very quickly.

Since with an MBA degree, your position in the market becomes much more competitive and your level of qualification rises, the salary margins you will access will be higher.

Entrepreneurship capacity

In the worst case and very unlikely, imagine that you do not get the promotion you wanted. If this happens, entrepreneurship will always remain. There are also many people who are duped into studying for an MBA directly with this idea in mind, developing their business idea. In this way, you guarantee that you have the resources and skills necessary to run your own company.

Most countries have a very large deficit of entrepreneurs. One of the main causes is that we do not feel we have the necessary tools or skills to do so.

To undertake you have to have a holistic vision of the company, control over a lot of factors, and confidence in yourself. The training provided by an MBA and the sense of leadership that you will have upon completion will help you make your ideas come true.