Planning for Management Study abroad? There are many benefits to going to business or management schools. MBA is a degree that gives a student ample of opportunities, all you need to do is just be dynamic and be quick to grab the opportunities. There are a number of thrilling career opportunities through MBA. To be more specific an MBA gives you 3 options i.e. Marketing, Finance and Human Resources. These options further carry a bunch of options itself. Therefore, it is said to be a broader concept. MBA is not everybody’s cup of tea. It quires skill-sets, professionalism and of course one needs to be presentable. There are multiple opportunities for Finance and Marketing graduates in the United States. MBA is a prestigious degree that is accepted worldwide.
Students enrolling for this course are usually employed after their business graduation. So, they either opt for part-time MBA or end up quitting their jobs for pursuing this course or the company in which they are working sponsors them for the entire course, depending upon the need and performance of the employee. Anyhow lots of careers are benefited by various MBA courses. MBA is the master’s degree that acts like the value-added services which help the students to gain additional knowledge and to earn excellent pay-package. MBA is completely a professional course. MBA graduates in the United States have more demand in the fields of
- Management
- Marketing
- Human Resource
- Finance
- Accounting
- Health Care
- Sales
Subjects in this course will help the students gain in-depth information in the above fields.
In the United States, MBA students enjoy the benefits of lucrative career growth and advance course structure, they also get scholarships.
Studying MBA in the United States is said to be rewarding, both in terms of practical experience, learning experience and for post-degree offers. It is said to be that the potential MBA graduates come from premier schools like the Harvard Business School, Columbia Business School, and Stanford Graduates.
According to the Graduate Management Admission Council (GMAC) starting salary for MBA graduates in US has reached a peak in 2019 i.e. $115,000
Top 5 career options for MBA graduates in the United States are –
Marketing Manager
Every business has a product, brand, or service that it wants to sell to the clients or customers. The marketing team plays a crucial role in selling the product or service. Every team needs a manager. Marketing managers are in great demand in every industry. They receive a fixed package of a six-figure salary. They are responsible for the demand of the product by the customer. Their primary job is to draw client’s or buyer’s attention towards the product. Their role is to set the target, set the price, come up with new ideas of marketing. Their job is always goal-oriented or target-oriented. They are always dynamic and ready with strategies on how to attract buyers and increase sales.
According to BLS, the number of jobs for these professionals will be 8% higher in 2028. Job opportunity growth in this field is increasing rapidly to an average of 5%.
Medical and Health Service Manager
Demand for health care services id rapidly increasing. The managers and executives or service providers are challenged to figure out the demand and supply. The professionals in medical and health care services run various healthcare facilities or look after the supply and availability of such facilities. Their main job is to maximize the quality and minimize the cost.
According to BLS, the salary status of such professionals was $99,730 as of May 2018. As per their prediction the job offer rate in this field will be 18% higher in 2028.
Financial Manager
Finance is the heart of the business. A company cannot function without money or investments. If in company finance structure is not planned wisely the business may die. There are professionals called the Finance Managers to look after the proper planning and budgeting. They monitor the company’s budget and accordingly plan or decide where to make the financial investments.
According to BLS, the salary package for such professionals was approximately $127,990 as of May 2018, and the number of jobs is expected to be 16% higher in 2028.
Database Administrator
We live in a digital world, where everything is done online, whether its business, banking, and teaching. Businesses are often conducted online nowadays. People’s information and their confidential details and passwords are on digital platforms. Ample of data’s are collected online, which the companies want to use for their advantage. There are high chances of privacy violations and data breaches. Professionals in Database Administration ensure the safety and security of data. They are responsible for arranging the data logically and in proper order. Their duties include data handling, privacy violations, sorting and arranging the data. According to BLS statistics, the pay-package for such professionals is $90,070 as of 2018. In this field job opportunity is expected to be 9% higher in 2028.
Business Operations Manager
The responsibilities of Business Operations Managers include monitoring and ensuring improvement in functions, building goals, measuring the efficiency of the systems and procedures. They track the business results and have great leadership skills. They also coordinate with HR to ensure resourceful hiring plans.
According to BLS, the employment opportunity will be 6,9% by 2028. Also, such professionals receive an approximate salary of $100,930.
