Perhaps you have recently found yourself unemployed, or perhaps you are employed but the career path ahead is unclear. Regardless of why you find yourself looking for new opportunities, finding one relies on knowing the various ways to get a promotion — one of the surest being earning an advanced degree. Between 2012 and 2013, the U.S. Department of Labor’s Bureau of Labor Statistics (BLS) reported that universities awarded the highest number of master’s degrees to students studying business disciplines.
Professionals working in the commodities-, financial services-, or securities sectors with master’s degrees, especially a Master of Business Administration (MBA), made as much as 90 percent more than their colleagues with only bachelor’s degrees, according to the BLS. Earning an MBA is one way to increase your existing job skills, which can help you advance your business career or re-enter the job market.
Demonstrating Commitment Through an Advanced Degree Program
Enrolling in an MBA program can demonstrate a commitment to life-long learning and self-improvement. An online MBA program offers students up-to-date skills, including “key functional areas, like strategy, finance, marketing, operations and supply chain management” (SmartBlog on Education). Completing an online program while working shows employers that you are dedicated to your career and education as well as being good at time management and computer-based tasks.
Other Ways to Earn a Promotion
Beyond earning an MBA, there are many steps you can take to advance a career, regardless of your employment status. Reading job-related materials directly related to your industry keeps you current on growing trends and best practices, which can serve you well during interviews or networking events. Monitoring the development of new software programs means that you will know how businesses are running themselves, both in your industry and beyond, which can be an asset to future employers.
Developing Promotion Attributes
Knowing what hiring managers are looking for, and which careers offer the most opportunity, is essential to the promotion process. According to Jennifer V. Miller in “Is your star player ready for a promotion,” fewer than 30 percent of top performing workers have the combination of drive, social skills and marketable skills. She goes on to write that employees who are more at ease with novel assignments and unknown situations can solve problems on the fly, and they have a genuine interest in and commitment to moving up the career ladder. Developing these attributes can increase your chances of earning a promotion at work or launching a new career.
Learn more about the Boise State online MBA program.
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