Can an MBA Degree Improve Your Career Prospects?

An MBA is a big investment in terms of time and money, which is why prospective students should ensure that it will help them to achieve their career ambitions. 

Fortunately, a Master in Business Administration (MBA) can do a lot to help you improve your leadership capabilities, advance your career and access higher ranking positions. Students enrolled in an MBA degree will learn leading management frameworks for strategic implementation, form valuable connections, and gain an international perspective and network. This is a perfect option for professionals who already have several years of experience and are ready to take a step up. 

Read on to find out how an MBA degree could help to improve your career prospects. 

An MBA Degree Could Help to Increase Your Annual Salary  

After graduating with a master in business administration, you might be hoping to earn a higher salary. Results from our 2017 placement report show that more than a third (38%) of students received an increase in salary after graduating with an MBA. As well as this, more than a third (38%) earned a merit-based promotion, and almost a quarter (23%) received an education-based promotion.

According to a recent GMAC survey, more than half (56%) of companies plan to increase MBA starting salaries for new hires. This shows that an MBA could be a great way to increase your earning potential over time.

Increase your earning potential with an MBA degree

Expand Your International Network to Prepare for Global Career Opportunities

The value of completing an MBA program isn’t just what you learn—it’s also who you meet. While you study at a business school in Switzerland, you will have the opportunity to learn alongside other experienced professionals from different sectors and countries. 

The student body at BSL is comprised of 85% international students, meaning that you will connect with other professionals from around the world with a global mindset. While studying, you will naturally develop cross-cultural communication skills as you work with others from different backgrounds and cultures. This could be a clear advantage in today’s international business world. As business becomes more and more global, employers are looking for professionals with a global perspective with persuasive communication skills. The experience that you gain at BSL can help you to succeed with an international company. 

Gain The Expertise that Employers Are Looking For

The faculty at BSL prioritizes real-life work experience and gives students the opportunity to put theory into practice, teaching you the nuances of applying management theories. The program includes a number of projects, and students will be encouraged to reflect on what they have learned and applied.

This experience could help you to access higher ranking positions. According to the 2017 placement report, almost half (46%) of MBA graduates had increased responsibility in terms of budget, people, and projects. 

In addition, research by GMAC shows that “employers overwhelmingly agree that business school graduates are prepared to be successful at their companies”. This is arguably because of the skills, connections, and experience that they gain at graduate school. Problem-solving and working with others are the main skills that employers and recruiters value in business school graduates.

Employers find that MBA graduates are well prepared for success

Are you interested in improving your leadership skills and advancing your career with an MBA degree?

Contact Business School Lausanne today! 

A Short Guide to Using LinkedIn for Professional Success while at Graduate Business School

LinkedIn offers a world of opportunity for business students. The platform is the most used professional networking site in the world, with two new members joining every second. Today, LinkedIn has more than 660 million members in more than 200 countries

Students can use LinkedIn to advance in their careers, expand their network, launch their own business, develop new skills, and more. According to AdWeek, 92% of recruiters use social media sites like LinkedIn to find high-quality candidates. Read on to find out how to use LinkedIn for professional success while at business school. 

Set Your Intention for Using LinkedIn 

In order to get the most out of LinkedIn, you need to decide what you want to achieve. Are you looking to secure a new job opportunity, grow your network with new connections, or reach potential clients? 

It’s a good idea to mention this intention somewhere in your summary for your network and connections to see. How you actually use LinkedIn on a day-to-day basis while at graduate business school will also differ slightly depending on your goal. 

MBA Degree Students Should Be Professional and Personal on LinkedIn

LinkedIn is different from other social media sites like Facebook, as you will need to ensure that your activity on the site is always professional. Don’t post anything that you wouldn’t want your future boss or clients to see. 

However, you still want to show some personality and individuality. Make sure to update your profile photo with a professional-looking headshot or another work-related photo. A good image will make people more likely to connect with you, as you will seem more human.

Try to write in a professional tone when posting updates and writing your description. You can still use humor and personality, but ask yourself – would I write this in an email at work?

You need to strike the tone between professional and personal on LinkedIn

Post Regular Updates 

In order to get the most out of LinkedIn and increase your chances of finding new connections, it’s important to be an active user on the site. If you attend a networking event, a company visit, or a panel discussion, take a photo and share any interesting updates with your network. You can also use it as a platform to share your professional and academic achievements. 

Connect with Other Professionals 

If you meet someone at an event, at university, or during work experience, don’t hesitate to ask them to connect on LinkedIn. This is a great way of staying in contact as you continue with your career after an MBA degree

Use Relevant Keywords in Your Headline 

Your headline is the first thing that people will see on your LinkedIn profile. This is also what will be shown in the search bar when potential employers, clients, or connections search for you. Make sure that your headline accurately reflects what you do, or what you’re looking to do, so that the right people can find you.

Make sure that your headline is clear and includes keywords

Are you interested in pursuing a business degree in Switzerland?

Contact Business School Lausanne today!

How Students and Faculty at BSL Are Using Face-to-Face Online Learning

Since the outbreak of COVID-19, the move to online learning has affected schools, colleges, and universities worldwide. Professors and students at Business School Lausanne (BSL) have had to quickly adapt to a new way of learning. The classroom has been replaced with the home, and in-person interaction has largely been replaced with face-to-face online learning. 

We spoke with professors Dr. Jan Erik Meidell and Claudia Kranefuss, as well as student Giang Do, about their experiences teaching and learning online, and the importance of face-to-face interaction, and here are some of their top tips and experiences.

Keeping the Camera Switched On 

All students and teachers must keep their front camera switched on while in an online class at BSL. The small class sizes mean that everyone in the class should be able to see each other and their professor on one screen. 

Erik, who teaches courses including finance, investment, and data analysis, explains that this is important because if all of the students can see each other during the class, it “encourages social interaction.” Claudia echoes this sentiment, adding that “we make sure everyone has their screens on. It’s essential that you see your students on one screen, because you need to be able to interact with them.” 

How do students feel about the video element? Giang Do, who is enrolled in the bachelor of business administration, observes that she learns better when she can see the professor. “The professor can see our appearance and our facial expression.” She says, adding that as a result, “It’s more connected, so I feel like I learn better.”

Staying Engaged, Online at Business School Lausanne 

Student Giang Do emphasizes that it is sometimes harder to focus in an online class. “When you sit at a computer at home rather than in class,” she admits, “it’s easier to procrastinate as there are so many distractions around you.” 

This is something that professors have been aware of, and are doing their best to address. Claudia teaches an intensive three-day personal branding and communication course at BSL. She describes the course as ‘very experiential’ and explains that that was one of the main challenges of moving it online. 

In order to make the course more engaging, Claudia shortened her course from 12 hours to 8-hour days while teaching online at  Business School Lausanne. This would give students less screen time, as “12 hours in front of a screen isn’t very healthy”. As well as this, she made sure that lectures were no longer than 10 – 15 minutes, with regular questions and screen breaks. 

Connecting with Students from Home 

When Erik asked his students for feedback on online learning, they said that they loved the virtual classes but missed the social side. “Students choose to come to Business School Lausanne for the networking opportunities,” He notes, “so you need to make sure that you still offer that.”

Claudia similarly explains that “it’s not just information gathering.” Teamwork and group work are still essential, so you need to “find ways that they can work together although everyone is in a different space.” She decided to use virtual breakout rooms so that students could work together closely in small groups of three or four students. 

Giang Do says that she is keeping up with other students regularly. “During the pandemic,” she says, “my classmates and I are connecting with each other on a daily basis for homework and for studying. I think that’s really important for online studying.”

As a final word, Claudia adds that you have to see online learning as an opportunity because “the professor’s mindset is essential to how well the teaching goes.” Giang has found that since moving to online learning, she’s developed better self-motivation and self-discipline. Erik is also positive that he’ll be using some of his online teaching methods back in the classroom. Starting this fall, BSL will be offering dual-mode teaching, taking the learning of the online face to face classes back into the classroom while still engaging with some students online.

Do you want to learn more about getting a business degree in Switzerland?

Contact BSL to learn more!