Five top jobs for MBA graduates
Looking to get an MBA? There are a lot of factors to consider. An MBA is a very useful degree, but it's not an easy process. Candidates must obtain a solid score on the GMAT or GRE, apply to a series of programs, and be willing to put in hours of work for as much as three years before obtaining their certification.
Once you have an MBA, there’s a lot that can be done with it. It’s broad degree and includes skills and knowledge you’ll need to get a job in pretty much any field. However, there are some jobs that have much better outcomes than others. MBA graduates need to understand their options and how their education can set them up for life if they choose their career wisely.
With that being said, remember that having an MBA doesn’t guarantee wealth and career success. Just because you get a degree doesn’t mean you’ll get a job. But if you set your sights high and focus on getting the best career possible, you’ll have a better chance of success.
Here are some of the best job offers any MBA graduate can hope to receive.
1. Human resources specialist
If you love working with people and overseeing employee interactions, this could be a highly profitable, great fit for you. HR specialists are in charge of hiring, recruiting, tracking compensation, allotting benefits, and other matters that pertain to hiring new employees. They also deal with employee complaints and legal concerns.
Being an excellent HR specialist requires a knack for organisation and working with people. You’ll encounter your fair share of disagreements and difficult employees, but if you know how to handle this aspect of the job, you’ll be incredibly valuable.
Those with an MBA in this field can expect a median salary of $75,000 with the possibility of advancing to $100k. It also has a 3.1 percent unemployment rate in the field, which is on the low end of the spectrum.
This isn’t one position that most people think of when they’re first starting their MBA, but as they become more specialised, they see that a career as a logistician is becoming more and more popular. Logisticians work with problem areas of a business to improve efficiencies, avoid catastrophes, and organise customer interactions.
The bulk of the job is project and operations management. Those with an emphasis or special interest in the supply chain would be well suited for this job. The median pay here is $75k with plenty of opportunities for advancement.
3. Financial analyst
Anyone majoring in finance can expect high wages and a comfortable occupation. When you have an MBA with an emphasis in finance, you become more valuable and marketable to corporations as a financial analyst. The primary role of financial analysts is to work with businesses and/or individuals to make investment decisions and improve the performance of corporate funding.
As the economy continues to grow, the job outlook for financial analysts is growing incredibly rapidly with a growth rate of 12 percent. The job is in high demand, and the typical median pay is $80,000, although some can enter the market with a salary well over $100k.
4. Marketing manager
In the middle of their career, marketing managers are typically looking at a pay scale well over $120,000. Marketing is one of the more lucrative positions in business because the marketing department tends to deliver a higher ROI than other corporate positions.
Marketing managers spend their time coordinating all the marketing efforts of a corporation. They oversee projects, work with teams, convey messages between other departments, and answer to corporate executives. This is another career opportunity with high demand and a rapid growth rate as digital marketing capabilities are realised.
5. International business
Travelling overseas for work isn’t something that everyone is cut out for, but if you enjoy adventuring as a career opportunity, then international business may be for you. Globalisation in the business sector is growing rapidly, and the demand for US-based companies overseas continues to rise.
Popular international business positions for those with an MBA include sales director, operations director, and IT project manager. Each of these positions pays well over $100k per year, and you’ll get to spend a lot of time travelling and experiencing new things with your degree.
About Boris Dzhingarov
Boris Dzhingarov graduated UNWE with a major in marketing. He is the CEO of ESBO ltd brand mentioning agency. He writes for several online sites such as Tech.co, Semrush.com, Tweakyourbiz.com, Socialnomics.net. Boris is the founder of MonetaryLibrary.com and cryptoext.com.
View my profile and articles...