#7 - Master's in Business Administration: It can be rightfully said as one of the most versatile master's degrees now, which in turn will help you climb the ranks in a variety of different industries and positions.  In business, day-to-day operations are as important as long-term plans for the future. A career as a business administration would help individuals incorporate many types of management positions. From major corporations to independent businesses, every operation needs skilled administrators in order to succeed. And this itself proves its worth.

"There's a tremendous demand for MBAs," exclaimed Hovendick. "MBAs do a lot of case studies in school, which helps them prepare for the demands of the business world by focusing on returns on investments and understanding issues critical to business in general."
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