Whether you’re in a management role or planning to switch industries, gaining an mba can help you become a better leader. The degree also gives you a broader understanding of the business world, which can be helpful when working internationally. Getting an MBA can also increase your salary, but the decision can be a big financial investment. You must weigh the pros and cons to determine whether it’s worth the time, effort and money.

If you have a clear idea of the industry or job you’re hoping to pursue after your MBA, you can pick an MBA programme specialisation that supports your career goals. This will give you a strong argument during your interview with admissions staff at the schools you’re considering, and it will allow you to focus on the skills you need for that new role.

During the programme, you’ll be exposed to topics such as leadership, finance, marketing, operations, strategy and more. This wide range of knowledge can help you adapt to different business environments and work with diverse teams. The degree can also strengthen your technical skills, Spann says. MBA students participate in real-world simulations and class projects that encourage them to analyze complex issues from multiple perspectives.

But if you’re not sure what your next step is, don’t be afraid to ask for help. Talk to the admissions and career staff at the schools you’re interested in, as well as other MBA students and alumni. Ask them to describe their experiences and how an MBA helped them achieve their career goals.

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