At some point or another, most people will experience a plateau in their career. Plateaus can happen for a variety of different reasons, but in most cases they are caused either by a lack of skill or a lack of credentials to move beyond a certain position.
For those who feel that they are stuck in a job that has little prospect for advancement, one of the best ways to overcome such plateaus is to invest in a degree like the MBA that will provide the know-how and accreditation to help you move into a management position.
According to a study done by Accountemps, 80 percent of executives believe that an MBA is necessary if you want to reach a senior management position, and this is especially true for those who are considering a move from one industry to another.
The Benefits of Studying Part-Time
While having an MBA provides undisputed benefits across a variety of different industries, people who are experiencing a career plateau are often held back from exploring their MBA options because they don’t feel they have the time or money to leave their jobs to go back to school.
Fortunately, there are now more ways than ever to complete your MBA while working during the day — especially if you live in or near a major urban centre. Part-time MBAs from recognized programs like the Lazaridis School of Business & Economics at Wilfrid Laurier University offer course options for students living in Canada’s financial and business capital, Toronto.
Students pursuing a part-time MBA at Lazaridis can go straight from their jobs in downtown Toronto to evening classes that will help them build the skills in finance, accounting, marketing, or operations management they need to jump-start their careers.
Not only does studying full-time provide the same high quality of education that students would receiver were they to study full-time, it allows them to do so without leaving their current position or having to give up their income.
A Record of Excellence
Perhaps the strongest argument for going back to school to pursue an MBA can be found in the stories of recent MBA graduates who have gone on to experience notable advancement and success in their fields.
Recent Lazaridis alum have gone on to successful careers in companies like SciCan and Loblaws, and many former students have attributed their rapid career advancement to the skills and knowledge-base they built while pursuing their MBAs.
In the world of modern business, getting ahead often requires you to be strategic about your goals, and to make sacrifices in the short-term for long-term gain. But by pursuing an MBA part-time, students can get the best of both worlds: they can build a strong foundation that will unlock a wide range of new career options without having to leave the workforce for an extended period of time.
If you want to beak out of your current career plateau, a part-time MBA isn’t just a smart move — it’s a move that can change your entire life.