MBA vs. Bachelor's Degree, What's the Difference?

Undoubtedly there are some significant differences between pursuing an MBA program as opposed to sticking with a bachelor or business administration degree. The first would be the difference in cost to you the student. An average four year college degree costs approximately $26,000. To complete your MBA program you can add between $80,000 and $120,000 for an additional 2 years of graduate study. Consider too that the average 4 year college degree takes 55 months to complete where an MBA typically requires 24 more months.

A BBA Gets a Faster Start

The extra years of schooling for completion of an online MBA program and added costs can be discouraging to some business students. A bachelor�s degree in business can get your foot in the door. The jobs that can be expected for an applicant in possession of a bachelor�s degree are entry level positions. By stepping out of the educational process with a bachelor�s degree you can perspective and a get better idea of how you wish to continue. It can also give you an opportunity to reduce your debt a bit while gaining life experience.

An MBA Program�s Benefits

Currently, the MBA is considered to be �the degree� to hold. Employers indicate that online and campus based MBA program graduates are more confident for a wider range of scenarios. MBA holders are more likely to be hired, promoted, and receive higher starting salaries. Those with completed Online or campus based MBA programs find access to executive positions, leadership and supervisory roles.

In the long run, only you can decide if it is best for you to pursue your MBA or take a study break by working with the benefit of your bachelor of business degree.