Wondering whether or not an MBA will truly advance your career in business? Read this article to discover what kind of jobs you can expect to get with an MBA degree.
What is an MBA?
A Master of Business Administration (MBA) degree is granted after one or two years of study at a graduate level institution. Students who are enrolled in an MBA program receive training in the theory and practice of business management. This degree can increase the number of jobs that you are qualified for, as well as your earning potential.
Jobs for Grads with an MBA Degree
Earning an MBA degree can make you much more valuable to employers. This degree certifies that you are prepared to handle almost any management role found in a modern corporation or organization. The type of job best suited for an MBA grad depends on the type of MBA degree that was achieved.
For example, an MBA grad that specialized in marketing will easily be able to obtain employment in the marketing field, while an MBA grad that specialized in finance will be best suited for a position in the finance industry. General MBAs, on the other hand, can secure employment in almost any business sector.
MBA grads most commonly work in the following fields:
· General Management
· Human Resources
Salary Potential for MBA Grads
MBA grads can command higher salaries than those who have not obtained a master's degree. Base salaries for MBA grads typically start out above $80,000, with total compensation amounting to more that $100,000 when benefits, bonuses, and profit sharing figures are taken into account.