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Four benefits of MBA degree for entrepreneurs

The MBA degree continues to be a great way for aspiring Entrepreneurs to gain the Business education, brand and network to succeed in their business ventures.   Here are four key benefits of MBA Degree:

  • Gain a formal business education. Business schools are very good at providing a set of business strategies and tools that can help aspiring entrepreneurs analyze, start and run a business.  For example, an entrepreneur often has to juggle multiple responsibilities simultaneously such as managing teams, conducting sales, designing products, and managing business finances.  MBA programs offer a great way for aspiring business owners to gain the business skills to manage a business successfully.
  • Expand business network – MBA programs also help entrepreneurs gain access to a network of business school students and alumni that can be helpful for their career – such as when they want introductions to potential customers, suppliers or capital sources.
  • Affiliate with a recognized brand – By graduating with an MBA degree, entrepreneurs also benefit from the brand and reputation of the business school in the business community.  This can be valuable for entrepreneurs as they interact with potential customers, suppliers and business partners.
  • Leverage the business school’s location. Another factor for entrepreneurs to consider is the geographic location of the business school in relation to their target industry.  For example, if an entrepreneur is seeking to start a venture in the media and entertainment industry in the US, the entrepreneur might favor a business school in Los Angeles or New York that has close ties to the industry.  Likewise, if the entrepreneur is interested in a tech career, they might consider business schools located near Seattle, Austin or Silicon Valley.

Obviously, there is a range of MBA programs, so entrepreneurs should carefully research programs to help determine which program is the right fit.  Use the MetroMBA Program Search Tool to help find your best fit!



This post first appeared on MBA News - MetroMBA, please read the originial post: here

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Four benefits of MBA degree for entrepreneurs

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