Is an MBA Worth It? 2025 Guide

If you are looking to advance your career in business, pursuing a Master of Business Administration (MBA) degree is typically a worthy investment. Often, the long-term benefits of earning the degree—including salary gains and career advancement opportunities—outweigh the degree program's immediate financial and time costs.

Along with the potential financial benefits, many corporate recruiters consider an MBA degree an asset because of the job skills degree holders commonly possess. Additionally, participating in an MBA program can set you up with lucrative networking opportunities and business contacts via your school’s career placement programs, your classmates, and your program faculty.

That being said, some factors make some MBA programs more worth the investment than others. Learn more about what to do with an MBA, MBA benefits, and how you can conduct a cost/benefit analysis to determine whether getting your MBA can offer the return on investment (ROI) you’re looking for.

Why get an MBA: Benefits to consider

Having an MBA can be a respectable credential to add to your resume, signaling a high-value skill set that many hiring managers look for in employees. Additionally, MBA programs offer unique career and networking resources reserved for students and space for building beneficial long-term relationships.

Salary and job outlook

Earning your MBA can qualify you for higher salaries and more job opportunities. According to a 2025 survey of corporate recruiters, the Graduate Management Admissions Council (GMAC) projected that MBA graduates working at US companies would earn a median annual salary of $125,000 in 2025 [1]. The GMAC projects non-MBA degree holders should earn much less: $75,000 for bachelor’s degree holders [1].

Additionally, hiring projections remain strong. Eighty-nine percent of global recruiters surveyed hired MBA graduates in 2024, and 90 percent anticipate their hiring demand for business school graduates to increase or remain stable in 2025 [1]. According to Validated Insights, the number of MBA job postings increased 35.6 percent from 2023 to 2024, reflecting positive demand for MBA graduates in the job market [2].

Your anticipated post-MBA starting salary can fluctuate based on factors such as industry, location, years of experience, and school attended. Learn more about MBA salaries to better understand your earning potential.

In-demand skills

Because of the rigorous coursework typical of many MBA programs, employers often recognize a common set of transferable skills that graduates acquire through their higher education experience.

According to GMAC, the top valued skills of MBA graduates in the US include [1]:

• Problem solving

• Communication

• Strategic thinking

• Adaptability

• Initiative

Read more: What Are Interpersonal Skills?

To many employers, an MBA degree validates that you possess these desired skills and are prepared to use them to succeed in higher-level business positions.

Career resources and networking opportunities

MBA faculty and staff are invested in their students' success. Your success will hopefully help attract future students with similar potential to succeed, whether that’s through positive employment reports or in their program ranking. As such, many programs incorporate career resources and networking opportunities into their offerings.

These services, such as on-campus recruitment fairs or executive coaching, can help lead to more lucrative career options. Similarly, MBA programs with strong alumni networks may offer direct points of contact within companies hiring around the world.

Alumni networks are even considered in major MBA rankings, underscoring their importance. GMAC’s 2024 Prospective Students Survey shows that more than half of MBA candidates look for programs outside their home region to expand their career opportunities and professional connections [3].

Relationship building

Value exists in the relationships you can build while pursuing your MBA. Many business schools highlight opportunities to connect with classmates from a wide range of backgrounds—in some cases, international students make up 35 to 96 percent of cohorts [4,5].

MBA admissions offices also seek to populate incoming classes with a diverse group of students who can offer a range of business perspectives. To capture that co-learning opportunity, many programs will incorporate group projects into the curriculum alongside discussion-based classes, and some students may also choose to engage in study groups or extracurricular activities.

Typical MBA degree cost

Alongside the benefits of getting an MBA degree, you should consider some notable costs. Getting your MBA degree will require time, money, and energy. Whether the benefits outweigh those costs depends on your situation and career goals.

Time commitment

How long it takes you to get your MBA will depend on the type of program you enroll in. A traditional full-time MBA program usually takes about two years to complete, though attending part-time can increase your program duration, and accelerated options can decrease your time commitment. Some programs also allow flexibility for students to work full-time while taking classes outside of normal business hours.

Tuition

MBA tuition can vary, depending on the program you attend. According to GMAC, the average total cost of a top US MBA program in 2024 was $242,267 [6]. A Wall Street Journal analysis found that 98 percent of MBA programs leave students with "manageable" debt, meaning that graduates who take out federal loans to help finance their MBA degree tend to earn more money within two years of graduation than they initially borrowed [7].

Still, a degree can be a sizable investment, and many students turn to savings, scholarships, employer sponsorship, and loans to help ease the financial commitment.

MBA ROI: Is getting an MBA worth it?

One way to understand whether an MBA degree will be financially worth it for you is to calculate your ROI. This is essentially a comparison of your long-term potential gains to your short-term investment costs. Keep in mind that this calculation only deals with the financial benefits of an MBA, as you can’t put a price on the educational and relational benefits of the degree.

An ROI calculator, such as this one from MBA.com, can help you estimate your post-MBA earnings potential.

Do more expensive programs lead to better-paying jobs?

The higher-cost programs tend to be ranked highly on popular lists such as US News & World Report, Fortune, and Bloomberg, and those highly ranked programs tend to lead to some of the highest post-degree salaries. However, it’s worth noting that students who attend high-tuition programs may end up with low-paying jobs, and students who attend low-tuition programs may end up with high-paying jobs.

Is an MBA worth it?

An MBA is generally a worthy investment for people with a career in business; however, people pursue this level of education at different points in their careers. For this reason, no standard “right” time to pursue an MBA exists—only the right time for you, and that’s when an MBA will be most worth it.

To decide whether an MBA might be worth pursuing, consider your current position, your growth path toward your goals, and how quickly you hope to advance in your career.

Is an online MBA worth it?

If you are looking for a more flexible way to pursue your MBA, you may be interested in an online program. Online MBAs offer the same education as their in-person counterparts but allow you to learn from anywhere with an internet connection. Oftentimes, online MBAs are also less expensive than on-campus options. Learn more about whether online MBAs are worth the investment.

Explore our free resources for MBA candidates

Discover tools and insights to support your business career goals. Check out our LinkedIn newsletter, Career Chat, to keep up with current trends in the field. Or explore the following resources to help you evaluate your MBA options:

• Take a quiz: Management Course Match 

• Watch on YouTube: Data Analyst vs. Business Analyst: Which Career Path Is Right for You?

• Hear from a grad: Your Course to Success: Meet Kara, an iMBA Graduate

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