Stay or Move On to a New Place? Job Options After Obtaining Your MBA

You have spent a lot of time and energy to establish yourself as an employee at your current workplace, but now you have obtained an online MBA through Georgia College. You have the new degree, knowledge, and credentials to move on to an entirely new career with potentially great rewards, but, should you?

It’s important to leverage your new graduate degree to get the greatest return from your hard work, and sometimes that can best be done with your current employer – but not always. Before making a decision yourself, it is best to consider the pros and cons of both staying with a current employer and seeking a new job with your new MBA.

Pros and Cons of Staying With Your Current Employer After Earning an MBA

Pro: It can be easier to “rank up” the job ladder in a place that knows you and your skills. These people have worked with you. They know who you are and what skills you bring to the table beyond your MBA.

Con: You may have better-paying options elsewhere and better opportunities to negotiate pay. It is rare for someone to gain an MBA and stay with their current employer because of this.

Pro: You get to stay with the co-workers that make you comfortable. It can be emotionally beneficial to get to work with people who you enjoy being around.

Con: Expectations of co-workers you know can be problematic if you move to a higher position within the company. For example, if you go from an hourly employee to a manager, some employees can have a problem with the new supervisory outlook you must have.

Pros and Cons of Moving On to a New Employer After Earning an MBA

Pro: You can completely refocus your efforts to establish yourself as a professional. Sometimes, that is hard to do in a place where you have an existing reputation.

Con: Not knowing anyone within a company can make it harder to land positions. Every job candidate is a new face to employers, so they have to assume a lot of things about your capabilities.

Pro: You get better opportunities to negotiate your pay if you do not know the new employer. It can be a little harder to be a stiff negotiator with people you know.

Con: Having to leave what is familiar is hard, and sometimes it is better emotionally if you can stick with familiar people. In some cases there is reduced pressure on your current employer to negotiate a higher salary with you because they know you must undergo the expense and stress of a job change in order to leave them.

Take the time to consider your options after gaining your MBA, and be sure you’re leveraging your skillset as best you can for your career. Make your next move and contact Georgia College for more information about gaining your MBA online.

Tips for Researching and Applying for Scholarships for Graduate Business Degrees

Business is one of the most commonly sought graduate degrees; it’s easy to understand why. Whether your focus is on accounting, information systems, logistics, or management, having a graduate degree opens up a world of opportunities. One thing that often hinders people from returning to college to obtain a business degree is financing their endeavor, but there are programs available that can help.

Check out this list of tips to help you research and apply for scholarships for graduate business degrees.

1. Check Out FastWeb for Scholarship Leads

FastWeb is one of the largest databases for scholarship information across the web with 1.5 million scholarships listed at any given time, and you can easily track down information if you need help to pay for a graduate business degree. There are scholarships available for all kinds of people through an array of different organizations, and this website pulls all of those resources together in one place to help prospective students find what they need.

2. Look Through Listings at Scholarships America

Scholarships America is another large database of scholarship listings that may help you find funding for your graduate degree in business. One of the advantages of Scholarships America is that they do not have scholarship listings available only in small award amounts; you can actually find some scholarships available that are as high as $25,000 or more, which can go a long way to cover the costs of your education.

3. Fill Out Your FAFSA Early On

Many prospective students assume that applying for financial aid is only necessary if they are interested in student loans. However, your FAFSA should always be the first step in finding funding for higher education. The application is free, and it can yield you information about scholarships and grants that may be available based on your income levels on a federal or state level. If you are already working with a certain school, the information entered on your FAFSA will also help them track down scholarship opportunities that could be available to you.

Paying for a graduate degree can be a challenge for some, but with so many funding options out there in the form of scholarships, it really shouldn’t be. Make your next move and contact Georgia College for more information about funding your graduate business degree.