A graduate degree is rapidly becoming a prerequisite for senior leaders in the armed services and in corporate America. Fortunately, your military credentials provide a ticket into some of the country's best graduate programs. Your experience is valued by admissions counselors nationwide and likely has equipped you to succeed in even the most competitive programs. Surprisingly, many people in the military continue to underestimate the value of graduate education and their ability to succeed in first-rate schools.
More education equates to greater rewards: A graduate degree can make a big difference in your military and civilian careers. An advanced degree provides both a competitive and a financial advantage. A recent U.S. News & World Report article noted, "From the employer's perspective, an advanced degree is a sign that a job applicant has the necessary commitment and dedication." It also can make a big difference in corporate salaries. According to the Graduate School Admissions Council, newly minted MBAs can expect to see starting salaries increase by 50% over their pre-MBA earnings.