Maximize the Value of Your MBA

Advancing your business career in this job market can be a challenge. According to a Business Week poll, only 38% of senior business majors reported having a job offer in January. That compares with 46% in 2009 and 56% in 2008. New jobs figures indicate that the national unemployment rate has risen from 9.6% to 9.8% and this rate has been over 9% for 19 consecutive months.

Many business students are looking into advanced degrees like an MBA. "There's the idea that when the economy is lagging and jobs are scarce that you can hideout in business school for a few years," says David Ingber, the faculty manager at Knewton GMAT prep. "Having an MBA can make your resumé pop out to employers or make you eligible for a promotion within your company."