What Can You Do With a Master’s in Business Administration?
With thousands of MBA’s conferred each year both online and on campus students are now asking themselves what can they do with their degree. This is a very important question and hopefully this article can help answer it. Many students go back to school because they cannot get a job. They feel it is their best option to make themselves more marketable. Or, they have hit the glass ceiling in their current company and they need an advanced degree to move into a higher position. Both of these reasons are prime examples of why both students and adults decide to pursue higher education. An MBA is a generalized degree with courses in marketing, management, finance, and accounting. These are all very important courses and can help you make important budgeting and overall business decisions. In this article we are going to discuss some of your career options when it comes to trying to find a job with your MBA.
Depending on where you are in your career a manager or director position is not out of the questions with your MBA. The good thing is an MBA is so versatile you can look into many different industries. You can manage a sales team, an office staff, or even a retail store. You have the knowledge you need to manage a team; you just have to figure out what industry you want to work in. For instance, because of the economy many individuals are getting into the healthcare field. Do you want to manage a Dr.’s office, a hospital, or even a pharmaceutical sales team? If you are already a mid-level manager the next step is a director. If there is no room in your current company for another director make sure to look elsewhere. Do not limit yourself to just your current company!
Another great feature about an MBA is that you have general knowledge in many different areas. Have you ever considered starting your own business or consulting others how to run/operate a successful business? This is another option for MBA graduates. If you don’t have an idea for a business or the start-up capital you can always get paid to help another business be more successful. Use your tools you learned from your program and show them how to be more efficient, more profitable, and overall a more successful company. Business consultants typically make their own schedule and charge a lot of money for their services.