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

Meredith Wood

Meredith Wood

Editor-in-Chief at Fundera
Meredith is Editor-in-Chief at Fundera. Specializing in financial advice for small business owners, Meredith is a current and past contributor to Yahoo!, Amex OPEN Forum, Fox Business, SCORE, AllBusiness and more.
Meredith Wood

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:

Sources:
Entrepreneur | CNBC | INC | Entrepreneur | CNBC | BestMastersDegrees | BBC

Editorial Note: Fundera exists to help you make better business decisions. That’s why we make sure our editorial integrity isn’t influenced by our own business. The opinions, analyses, reviews, or recommendations in this article are those of our editorial team alone. They haven’t been reviewed, approved, or otherwise endorsed by any of the companies mentioned above. Learn more about our editorial process and how we make money here.
Meredith Wood

Meredith Wood

Editor-in-Chief at Fundera
Meredith is Editor-in-Chief at Fundera. Specializing in financial advice for small business owners, Meredith is a current and past contributor to Yahoo!, Amex OPEN Forum, Fox Business, SCORE, AllBusiness and more.
Meredith Wood

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