Do You Really Need an Advanced Degree To Ensure Your Business’s Success? (Infographic)

Updated on January 31, 2020
Advertiser Disclosure

According to a recent survey, 61% of recent college grads say they want to start their own business. Yet, only 45% of those grads think it’s likely that they will achieve this goal. If you’re one of these entrepreneurs with a college degree who still feel like they don’t have all the tools they need to start a business, you may be considering getting an MBA to help ensure your venture’s success.

Billionaire entrepreneurs like Bill Gates and Mark Zuckerberg make a great case for starting your business without any formal education experience. But while going to back to school may not be right for everyone, the fact is that there are valuable entrepreneurial skills you can learn with an advanced business degree. So how can you tell if getting an MBA is right for you?

It’s clear that small business success depends on both your own momentum and the quality of your education. Ask yourself what skills you need, how much time you have, and your funding needs to help you determine if an advanced degree is right for you and your business.

Check out the infographic below to determine  whether or not you need an advanced degree to help you run your business:

Entrepreneur | CNBC | INC | Entrepreneur | CNBC | BestMastersDegrees | BBC

Meredith Wood

Meredith Wood is the founding editor of the Fundera Ledger and a vice president at Fundera. She launched the Fundera Ledger in 2014 and has specialized in financial advice for small business owners for almost a decade. Meredith is frequently sought out for her expertise in small business lending. She is a monthly columnist for AllBusiness, and her advice has appeared in the SBA, SCORE, Yahoo, Amex OPEN Forum, Fox Business, American Banker, Small Business Trends, MyCorporation, Small Biz Daily, StartupNation, and more. Email:
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