In the world of business, having a master’s degree matters.
For one thing, there’s the matter of money. The U.S. Bureau of Labor Statistics reports that, in 2012, the median weekly earnings for a master’s degree holder were $1,300, compared with $1,066 for a worker with just a bachelor’s degree.
Then there’s job security. According to the U.S. Census Bureau, the population that held a master’s degree in the United States climbed 43% (that’s 5 million people!) from 2002 to 2012. In a crowded job market, that degree may mean the difference between a follow-up interview and a thanks-but-no-thanks automated email response.
Specific fields of business—such as accounting—require post-bachelor’s education and certification to progress to certain positions.
But there’s a catch-22: If you’re looking to progress in business, the last thing you want to do is put your career on hold to go back to school.
An online business school—especially a competency-based one like WGU’s College of Business—can give you the flexibility to keep working while you earn your degree.
(Competency-based learning is perfect for the working student, since it lets you accelerate through courses where you already know the subject matter well from work experience, and it focuses on teaching you relevant, real-world competencies developed with employer input. It’s why WGU graduates enjoy superior results, including jobs that more than pay for their education and employers who rate WGU graduates as being as good as or better than their other employees.)
So you need to earn your master’s degree in business, and it needs to be flexible, affordable, and relevant. Check. What else is WGU doing to help more Americans earn their online MBA or other master’s degree in business?
- New programs: We recently introduced two new business master’s degrees—the M.S. in Management and Leadership and the M.S. in Accounting.
- New scholarship: The WGU Master’s Degree in Business Scholarship is designed for someone like you! It provides up to $2,000 toward tuition at WGU for scholarship recipients.
- Low tuition—and holding: Our business master’s degrees are $3,250 per six-month term, regardless of how many courses you complete (so acceleration saves time and money), and we’ve held tuition steady for seven straight years. WGU is doing everything we can to make sure you graduate with less debt—or none at all!
Western Governors University is a nonprofit, accredited, online university. Find out more about WGU's online bachelor's and master's degree programs in business.