A new survey has shown that senior managers and CEOs are continuing to endorse the investment value of MBA qualifications

A new survey has shown that senior managers and CEOs are continuing to endorse the investment value of master of business administration (MBA) qualifications. Amárach’s survey of 280 MBA graduates in Ireland revealed that the experience was so rewarding for most that 80pc would undertake to fund the double-digit course fees from their own pocket. The survey, carried out this autumn, was conducted on behalf of the MBA Association of Ireland (MBAAI).

For many graduates, the main attraction of the MBA is the network, which automatically comes with membership of an MBA class or graduate body, such as the MBAAI. The latter has over 2,000 MBA-holding members, and notable alumni include honorary life members President Mary McAleese, Sir Anthony O’Reilly and Martin Naughton, owner of Glen Dimplex.

The survey confirmed that the MBA qualification is often the catalyst for career change and professional growth, whether that is through promotion (44pc), change of position (39pc) or change of employer (39pc). More than 55pc of MBA holders experienced a salary increase of 20pc or more in the two years following graduation, and 14pc experienced a salary hike of over 50pc.

Linda Daly

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