Probably many of you ask yourselves whether an investment in an MBA programme will ever pay off. Simon asked himself the very same question and even though many of the major researches on the topic confirmed that education pays off, he struggled to find types of existing options that MBA graduates can take other than listings with types of careers. Based on his own experience, he actually concluded that MBA graduates can do a whole lot after they finish their education.
Below you can see some of the things you might choose to do with your MBA degree.
1. Become a teacher at a college
After you obtain your degree, you are qualified to apply at local universities and colleges. Since these institutions ask for someone with experience, do not miss an opportunity to speak, mentor, teach community education classes, deliver panels, etc.
Check out: 5 Nontraditional Careers for MBA Graduates
2. Contact your alumni network
As many other MBA graduates have said, the alumni network is one of the greatest advantages associated with obtaining an MBA degree. Investing time and effort to maintain those relationships can pay off by learning about possible career and business opportunities.
Check some of the schools represented in PrepAdviser and their alumni networks
3. Apply for conferences
Do not hesitate to present your ideas at conferences! Just make sure to learn to develop your ideas and then work on your presentation skills. Hurry up and look around for any conferences related to your industry and contact them.
4. Learn new skills
It is true that your MBA degree has given you general business training. However, do not stop developing your set of skills. A good option is taking a MOOC for example.
5. Explore career options
After obtaining an MBA degree and updating your resume, you can start considering whether your organisation/company provides options for development. If you feel that you are limited, you might consider other available job opportunities. Career options nowadays are as diverse as ever and you can pursue a career in all kinds of non-traditional disciplines such as Government, Healthcare, or Data Analytics to name a few.
Check out: MBA Career Services Make the Difference
6. Start a business
You can turn you hobby into a sustainable career option by applying your business knowledge. In 2015, the Financial Times reported that the number of of full-time MBA graduates who have started their own business within three years after graduation has increased by 22%. You could also come up with ways to innovate and start new projects at your current company.
Check out: How to Become an Entrepreneur
7. Take time off
Award yourself with some time for travelling after your graduation. After all, graduate school is not easy. This might even help you to develop future plans.
8. Volunteer or join a board
In order to keep your skills relevant, you need to constantly practise them. Look around because many non-profit organisations will be happy to welcome a skilled person on board.
Check out: How Do You Finance an MBA and Masters?
9. Travel abroad
You can also apply to an organisation abroad. It will not only be a great adventure, but you can also get to know another culture and may be even learn a new language.
Check out: Top 10 Places to Live Abroad
10. Freelance work
You can get an additional source of income, practise your skills and at the same time experience multiple organisations and industries by finding a freelance type of job as consultant, mentor, coach, etc.
11. Rotary/civic organisation
Organisations, such as Rotary International, are always looking for skilled members, who are also passionate about resolving certain world issues. Do not underestimate these career opportunities because they are often more intense as well as more rewarding than a traditional management role. You will also have the chance to meet other business leaders and people who want to contribute to a certain cause.
Getting an MBA degree is certainly an investment not only in terms of money, but also time and effort. If you really want to get the most of your degree, you should try being more proactive, meaning exploring available options, rather than just waiting around for something to come your way.
Get inspired with 17 Successful Startups That Seemed Crazy at First
If you already obtained your MBA degree, take a look at the 10 key dos and don'ts in our infographic:
Source: The Huffington Post