A Master’s in Business Administration, like the one you might get from West Liberty University, is not just a degree—it’s a passport to a whole array of opportunities, some of which you might not even have known about. Though the variety of opportunities is wide-ranging, we’ll focus here on employment, and how you can use those new letters after your name to land some of the best gigs out there.
First, some good news: according to the GMAC, or the Graduate Management Admissions Council, the base salary among 2019 graduates of MBA programs was $115,000. Adjusted for inflation, that makes 2019 the best year ever for MBA grads, building from the growth of previous years. The curve upward continues into 2020, as businesses change and adjust to a constantly shifting landscape.
Marketing Manager
Marketing is a huge segment of any business’s operations. And good leadership is a necessity. If a company wants its marketing efforts to get as much bang for its buck as possible, then a manager with an MBA will be a reliable investment. A marketing manager will not only guide other members of the marketing team, but is also responsible for creating marketing budgets, strategizing digital ad spends, negotiating rates with traditional ad buyers, and much more.
Medical and Health Services Manager
One of the fields with the most growth, year over year, is healthcare. With an aging population and an unprecedented series of challenges (thanks to the COVID-19 pandemic), medical and health services managers are in high demand. That demand will only increase as these business needs continue. In addition to the usual work of project management and strategy, a health services manager will often be the only link between a facility or provider and patients, providing much-needed peace of mind for clients. A good healthcare business manager will be a great communicator, show an attention to detail, and demonstrate sound operational judgment.
Financial Manager
Every business needs to manage its money, and the professionals in the financial manager role are at the forefront of every important accounting decision. This person will also oversee the movement of money through an organization, from sales to expenses, in addition to creating detailed financial reports for high-level executives and stakeholders. A financial manager directs the economic decisions at the heart of every business’s operations.
Database administrator
Although you might not immediately think of an MBA as being useful in a field as technical and frequently specialized as computer operations, the business acumen and sound decision-making of an MBA graduate is invaluable to the successful implementation of databases that can be found at every level and in every department. Databases are the heart of any company’s operations,. An administrator armed with an MBA is uniquely positioned to apply best business practices and specialized knowledge to a functioning data stream.
Business operations manager
It should come as no surprise that the ongoing operation of a business relies on the firm guidance of an expert. An MBA prepares you to guide the people and processes that make a business run efficiently and, of course, profitably. A business operations manager will often find themselves keeping the wheels moving in every segment of a company’s performance.
If you’d like to learn more about MBA studies at West Liberty University, get in touch with us today.