The time and cost associated with an MBA degree can seem like a steep investment when you begin researching programs. Fortunately, the return on investment for the graduate degrees seems to be steadily increasing according to the Financial Times. " Salaries have since picked up to reach an average of $142,000 in 2017, up 12 per cent on 2014, and early data analysis from the 2018 ranking indicate that salaries are still increasing. Every year up to 2014 and since we began collecting data, MBA graduates always at least doubled their salaries within three years of completing their degree." CSUSM MBA offers a 18-month program that is the most affordable in San Diego, so the initial investment is actually much smaller than average for a substantial return within 3 years of graduation.
Research from the Graduate Management Admission Council also shows that the premium increase in salary for management roles in organizations. When accepting a position as operations manager or an upper level leadership role, you can expect to earn an average of 19% more than your fellow managers who did not obtain their MBA.
The numbers speak for themselves when you are considering the benefits of obtaining the secondary degree.
-Denisse Tirado, Director of MBA Operations at CSUSM and MBA Alumnu Class of 2016