Do you need to go back to school and get an MBA? The answer to that question depends on your career goals, but research shows that an MBA can lead to increases in pay and opportunities for women in business.
The infographic below shows a number of statistics related to the value of an MBA for women, which were compiled by the Forte Foundation, MBA@UNC, and HowToMBA, the MBA advice site. Highlights include the following:
- An MBA leads to a pay increase of 35=40%.
- After obtaining an MBA, women see pay increases of 55-65% within five years.
- An MBA can lead to a lifetime earning potential of +$3 million.