What is the Value of an MBA or Master's Degree?

Last update November 14, 2025

Thinking about earning a Master of Business Administration (MBA) or a specialized master’s in business? These programs can help you build new skills, strengthen your professional network, and open doors to a wider range of career opportunities. In this guide, we’ll explore the value of an MBA and master’s degree, the potential career outcomes, and the unique benefits of the Carlson School of Management’s graduate programs.

What Are the Career Benefits of an MBA?

Increased Job Opportunities
An MBA can help enhance your career prospects. Whether you want to move up in your current organization, transition to a new industry, or explore leadership roles, an MBA provides training and connections that can support your career goals.

In the Carlson MBA program, 91% of Full-Time MBA graduates received employment offers within three months of graduation (3-year average). Part-Time and Online MBA students reported an average salary increase of 62% from the time they started the program to four months after graduation.

Expand Your Professional Network
An MBA isn’t just about classroom learning; it’s also about building relationships. Students at the Carlson School of Management learn from expert faculty and from peers who bring varied professional perspectives.

You’ll also join an alumni network of more than 60,000 professionals worldwide, creating valuable opportunities for career growth and collaboration.

Develop Leadership Skills
While an MBA develops technical business skills, it also strengthens soft skills like communication, critical thinking, and strategic decision-making. These abilities are essential for leadership positions across industries.

At Minnesota Carlson, you can take part in our Enterprise Programs, a hands-on learning experience where you work with real clients on real business challenges—applying classroom concepts directly to your career.

What Are the Benefits of a Business Master’s Degree?

A master’s degree offers specialized expertise in one specific area of business. While an MBA provides broad business knowledge, a master’s in business focuses deeply on one field, which can be valuable for early-career professionals or experienced individuals looking to pivot.

Gain Expertise in a Specific Skill
Upon graduation, you can be recognized as a subject matter expert in your chosen field. This is especially useful if you’re looking to advance in your current career or transition into a leadership role in a specific area.

At the Carlson School, you can join one of eight specialty master’s programs, including Business Analytics, Finance, and Supply Chain Management.

Pivot to a New Career Path
Many business master’s degrees are open to students from various academic and professional backgrounds. They can be an effective path for changing industries or roles.

Minnesota Carlson programs, such as the Master of Human Resources and Industrial Relations and Master of Marketing, are great for students with non-traditional business backgrounds or those looking to pursue their passion.

Strengthen Your Hiring Prospects
Graduates of specialized master’s programs are often in high demand for their advanced, targeted skill sets.

At Minnesota Carlson, many of our specialty master’s degrees boast graduation rates at or above 90%, including Business Analytics, Business Taxation, Finance, and Human Resources and Industrial Relations.
 

How Do You Choose Between an MBA and a Master’s Degree?

Both paths can help you grow professionally—your choice depends on your career goals, timeline, and desired area of expertise.

If you want broad business leadership skills, an MBA program may be your best fit. If you want deep expertise in a single area, a specialized master’s degree might be the right choice.
 

Why Choose the Carlson School of Management for Your Graduate Business Degree?

Minnesota Carlson offers an energizing, supportive environment where students gain both cutting-edge business knowledge and practical experience.

• Connected to Minnesota’s business ecosystem — Home to numerous Fortune 500 companies, a strong entrepreneurial community, and a well-educated workforce.
• Hands-on learning — From real-world consulting projects to global experiences, you’ll apply classroom knowledge to solve real business challenges.
• Extensive network — Collaborate with classmates, faculty, advisors, and alumni who can help guide your career.
• Comprehensive career support — Access 1:1 coaching and personalized resources through the Carlson Business Career Center.

Explore the Carlson MBA and master’s degree programs, connect with an admissions counselor, or start your application today.