Master of Business Administration
The Master of Business Administration (MBA) is an internationally-recognized degree designed to develop the skills required for careers in business and management. By definition, an MBA (here’s the full form of MBA) is an internationally accepted masters (post-graduate) level degree that.
- Imparts a strong theoretical foundation in business concepts
- Provides practical opportunities (via internships, group assignments and individual projects) to test what students learn in the class
- Builds hard-skills in the areas of management and leadership
- Polishes a range of soft-skills like communication, motivation and negotiation
- Opens up global opportunities for career growth
- Allows MBA students to start an independent business after graduating
While traditional two-year MBA programs are still common, especially in the United States, one-year programs have become increasingly popular. Part-time and online programs are also widely available for professionals not willing or unable to take a year or two off to do a full-time program. Executive MBA (EMBA) programs are part-time programs targeted at professionals with more years of managerial experience than traditional MBA candidates.
Career Paths and Job Opportunities for MBA Graduates
What can you do with a Master of Business Administration(MBA) degree once you've graduated? A lot. An MBA is extremely versatile and valuable, and will allow you to pivot in many different directions depending on your career aspirations, skills, and interests. Let's take a look at just a few of the career paths and job opportunities open to you following graduation—and what you can expect from them.
A management consultant's job is to advise companies on their management practices and identify problems within the organization that may be holding the company back from reaching their goals.
What are the postgraduate opportunities?
Postgraduates have tons of opportunities in both jobs and further education. Countless institutions offer MA Accounting & Finance, MSc Accounting & Finance, as well as Pre-Masters Accounting, PgDip in Business Management and Accounting. Use our Course Chooser to refine your search for Postgraduate Accounting & Finance courses.
What are the jobs opportunities?
Jobs for Accounting & Finance graduates can often be found in the big multinational professional services firms, such as PricewaterhouseCoopers (PwC), Deloitte and KPMG.
These are large companies, employing hundreds of thousands of professionals in accountancy, auditing, investment banking and many other fields. Due to their size and reputation, these companies tend to have very strict and high level entry standards.
Insurance companies are also big employers, as are high street banks.
Most MBAs enter the field at a high starting salary (much higher than an applicant with an undergraduate degree), typically earning between $100,000 and $140,000 initially. Salaries can grow to over $1,000,000 per year at the most senior level (10+ years of experience).
14% growth expected from 2014-2024.
Marketing managers oversee the planning and execution of a multifaceted marketing plan to help their companies grow. They set budgets, plan marketing campaigns, and manage staff on the marketing team to conduct market research, launch marketing campaigns, and analyze the data collected from each campaign to make improvements.
Marketing managers can be offered a wide range of salary ranges, but the median wage for a marketing manager is about $140,000.
9% growth expected from 2014-2024
Investment bankers help companies invest and grow their capital through shrewd purchasing of equity and debt.
The median pay for this industry in 2015 was just over $71,000, but talented investment bankers can increase their compensation significantly within a few years. With experience, it is not uncommon for investment bankers to earn over $200,000 per year.
10% growth expected from 2014-2024.
An operations manager is sort of a company's jack-of-all-trades. He or she oversees daily operations, purchasing, inventory, coordination between departments, and policy creation.
Because they are a key player in an organization, operations managers can make around $97,000 annually at the median level. More experienced managers can expect up to $187,000 per year.
7% growth expected from 2012-2022
Financial advisors cater to the individual rather than businesses, and play a key role in helping families plan for retirement, invest in their children's education, and build individual wealth. A financial advisor looks out for their clients' best interests by suggesting good investment opportunities and creating realistic long-term plans.
Average salaries for financial advisors start out lower than some other MBA career opportunities, at around $55,000 per year. However, later in their career, many financial advisors make well over $100,000 per year, generally up to $145,000. Since most financial advisors earn much of their money on commission, the earning potential is quite high.
30% growth expected from 2014-2024 .