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Benefits of an MBA Degree

RTEmagicC_Chicagobot_01With AACSB accreditation and exclusive use of graduate professors who carry a Ph.D., SVSU's business program ranks in the top 5 percent of business schools in the world. Named by the Princeton Review as one of the Best Business Schools, SVSU blends advanced teaching with practical application to produce graduates who are well prepared to advance their careers and face a range of business challenges. Program completion can be accomplished completely online or through a hybrid online and in-class format. All face-to-face classes meet in the evening.

1. Accreditation

When trying to decide where you want to earn your MBA, one of the most important things to consider is whether or not the university's business school is accredited by the AACSB-International (Association to Advance Collegiate Schools of Business-International). AACSB-International accreditation is the premier standard of achievement for business schools. Less than 5% of all schools of business worldwide are AACSB accredited. SVSU is the only business school located in Saginaw, Midland or Bay City with AACSB-International distinction. "AACSB-accredited schools have the highest quality faculty, relevant and challenging curriculum, and provide educational and career opportunities that are not found at other business schools."

-- aacsb.edu

2. Versatility

“The strength of the MBA degree is its versatility. People who hold the MBA degree are small business owners or involved in international business. They are solving community problems from the helm of a non-profit organization, and they are making millions developing strategies for the world’s largest companies. Whether they are volunteering their time, or earning a very healthy living, MBAs are making things happen every day.”

-- Diversity Pipeline (visited February 2007)

3. Mobility

According to the Graduate Management Admission Council (the organization that produces the GMAT), 54% of graduating MBAs surveyed in the Global MBA Graduate Survey 2004 said that they were using the MBA as a means of changing career tracks.

“We have long referred to the MBA as a global currency—a degree that symbolizes value all over the world. To many people, the value comes in the form of career mobility,” said David A Wilson, president and CEO or GMAC. “In an era when people don’t tend to stay with one company or job track for their entire career, the MBA is allowing them to take control of their careers and change course when they want or need to.”

-- Graduate Management Admission Council (visited February 2007)

Ann Nowak, manager of college relations at Liberty Mutual Group, a global insurance company based in Boston, says this about the MBA, “We’re interested in people who have geographic flexibility upon finishing the program. We’re an organization with close to 900 U.S. locations. Our regional operations, many of which are stand-alone small businesses, need managers. The more geographic flexibility you have, the more career options you will have.”

-- Business Week Online

4. Return on Investment

"Over the past decade, an MBA's average ROI has been three times the return on Treasury Bills, ten percent better than triple-A bonds and four percent better than the Dow Jones Industrial Average.... Getting a plain vanilla MBA today is like receiving a tax-free cash award of more than a half million dollars."

Antony Davis and Thomas W Cline, "The ROI on the M.B.A.", Biz Ed , January/February 2005, 42-45.