Guiding teenagers to ensure they excel in academics can be hard. With so many distractions on the internet, teens frequently forget to concentrate on what’s important.
According to UNICEF, motivating a teen can be easy if parents include choices, praise their efforts, and get creative with rewards. Thankfully, you knew these, and your parenting skills paid off. Now, your child has decided to go to college to pursue their dreams. This in itself is a great achievement because only 61% of students enroll in universities.
But what if you can further motivate them to join business school to get a Master of Business Administration (MBA) degree in the future? This program has long been considered a ‘golden ticket’ for students.
In this blog post, we will discuss a few reasons why parents should persuade their teenagers to aim high for an MBA degree.
#1. Career Advancement Opportunities
#1. Career Advancement OpportunitiesYou probably know that an MBA opens the door to accelerated career growth across various industries. Employers will value your child’s analytical and strategic thinking skills that they will hone through this course.
But did you know that a college graduate can assume leadership roles quickly with an MBA degree? Yes, they will be equipped with specialized knowledge about management, marketing, and finance, making it easy for them to advance in their careers. Their portfolio will become more attractive for promotions and challenging assignments. Almost 22% of the world’s CEOs have MBA degrees.
As a parent, you can motivate your teen to get an MBA degree in the future by talking about global network opportunities. For instance, they can foster invaluable connections that will help ensure long-term career stability and advancement in the job market.
They can get jobs in the healthcare, IT, and business operations sectors. After completing their MBA degree, your child can become a marketing manager, logistics head, operations analyst, and more.
#2. Ability to Get Scholarships
According to Forbes, an MBA can cost USD 56,850 on average. Hence, it can be hard for regular families, such as yourself, to afford this for your child. This alone can compel any candidate to avoid enrolling in this program since they’ll be worried about finances.
However, you can motivate them by stating that there are various scholarships for MBA students. If your teen studies hard, they can possibly get complete or partial financing for the MBA degree in the future. Many business schools offer scholarships that require persistence and patience to secure.
You can motivate your teen to get MBA scholarships after completing college by asking them to follow these tips:
- Follow the application instructions precisely.
- Avoid grammatical or punctuation errors in the application package.
- Finish the application before the deadline.
- Get GMAT scores between 34 and 46 credits.
#3. Higher Earning Potential
According to a blog post by Fortune, MBA graduates can easily earn six-figure salaries across six industries. Examples include consulting, tech, finance, entertainment, etc. USA Today states that an average American earned USD 59,384 in Q4 of 2023. However, MBA graduates can earn up to USD 128,997 or more.
Highlighting this to your teen will motivate them to pursue MBA courses after completing college degrees, as it can significantly boost their earning potential. They can easily command higher salaries with their specialized skills in various areas.
Moreover, your child can advance into a lucrative career path where they can achieve leadership roles in no time. Their decision-making and analytical prowess will make them a sought-after candidate in the competition. With this, they will be on a trajectory toward financial security.
#4. Preparation for Entrepreneurial Ventures
Many might say that youngsters won’t need an MBA degree to become entrepreneurs. That’s true because there’s a rise in teens creating their own businesses without any knowledge. But their sheer determination and ability to learn make them succeed.
However, an MBA can help your children prepare for entrepreneurial ventures. These courses will make them ready for strategic planning and financial management. With the critical skills they learned during MBA programs, they can perform market analysis before launching a sustainable business.
You can motivate your teenager by saying that an MBA degree can offer practical experience to help them navigate the challenges of being startup founders. They’ll also get networking opportunities to connect with industry experts, mentors, and investors. Hence, parents must empower teens to pursue an MBA in the future if they want to become entrepreneurs.
As a parent, you must invest in your teen’s MBA programs to help them achieve long-term success. You often have to go the extra mile to motivate teenagers to do anything related to their studies, especially when it comes to pursuing MBA degrees. For instance, you’ll have to teach them adaptability, self-awareness, communication, and more.
Guiding teenagers to enroll in MBA courses after completing college can help them succeed in this competitive world. With this, your child can achieve academic excellence and hone their leadership skills. They’ll enhance their critical thinking abilities and create a path for diverse career opportunities.
