MBA stands for Masters of Business Administration. An MBA degree is a graduate degree that gives students a deep and fundamental understanding of business, diving deep into business aspects such as finance, accounting, marketing, and more. Students also develop and enhance their soft skills, such as leadership and communication.
Why get an MBA degree?
There are many reasons why one may choose to pursue an MBA degree. Earning this degree opens up many career opportunities, and it is a great addition to your resume that will make you stand out to employers. For many students, the opportunity to earn a high salary is a strong motivator in earning this degree. On average, MBA holders earn a salary of $137,890 according to U.S. News.
What can you do with an MBA degree?
Business is an encompassing field with many different types of careers. Holding a Master’s degree allows you to qualify for more career opportunities than a Bachelor’s degree holder, for example. Here are some career options for MBA degree graduates:
- Brand manager
- Project manager
- CEO
- Marketing manager
- Market research analyst
- Human resources manager
- Sales/business development manager
- Data analyst
- Accounting manager
- And more.
Types of MBA Programs
There are several types of programs you can choose from when pursuing an MBA, with different timings and enrollment levels, including full-time and part-time. A full-time MBA student can complete the program in 1-2 years, whereas part-time enrollment may take 2+ years to complete. Likewise, there are many options available for completing this program. Students may choose to complete their degree online, allowing for more flexibility, or in-person.
MBA Courses and Curriculum
Students studying to complete an MBA degree can expect to learn a wide range of topics in the business sector. These courses are designed to give students a holistic understanding of business operations. Courses and program requirements will vary from institution to institution. Generally, however, courses offered may include:
- Accounting
- Finance
- Marketing
- Business Ethics
- Business Strategy
- Data analytics
- Leadership
- And more
Specific courses you may take will also depend on the specialization and type of enrollment you pursue.
Conclusion
Getting an MBA degree is a great way to upskill your current career in business administration or related field. If you want to speak to a Graduation Specialist about earning your MBA degree, fill out the form below and we will be in touch!
