Numerous job options are available to you if you obtain an MBA. Here are just some of the job options available that may interest you.
If you’re looking at what you can do to boost your career, then you might have many different items on your list to consider. It may be that you’re thinking about putting in the hours at work so you can go get that promotion to the senior role you want, or maybe you’re wondering if now is the time to change tactics and go for a completely different career.
With either of these options, you may also be thinking about going back to university and get studying. Your next career move will depend on what subject and specialism you go for, so you don’t want to rush into a decision and then discover – some years and plenty of student bills later – that it may have been a mistake.
One of the options many people think about doing when deciding about their studies is to go for an MBA course, which is a master’s in business administration. If you spend time and money on such a program, though, will it be worth it? What are your job options once you graduate?
The good news is that you’ll have plenty of choices if you go for an MBA – whether you stay in the industry you work within now, or you go for roles in another sector. These are only some of the job titles you could attain with your MBA, so see where you could be in just a couple of years.
Financial analyst
If you elect to go for an MBA in finance, then becoming a financial analyst is a typical job for these graduates. This is where you can assess different types of investments, and then advise your clients on their investment decisions.
Your clients may end up being either businesses or individuals. No matter which they are, you will need to create reports about potential opportunities for them – which will require you to consider financial data, any business trends, strength of management, plus many other factors.
Personal finance advisors
This is like being a financial analyst, as you will advise people about their options for investment. What makes a personal finance advisor different, though, is that they may also discuss other financial items with them so their clients can meet their goals. This may include areas such as mortgages, retirement plans, insurance, and estate planning.
Financial manager
These are business executives who monitor an organization’s budget and make decisions on where financial investments should be made. A business can’t continue without money, and one that doesn’t use it wisely may cease swiftly. Experts in this area usually are well compensated and are rarely not employed.
Business operations manager
There are many corporations out there that have international supply chains as well as complex manufacturing systems. So, it can be tricky to make sure that every single part of a business is working correctly. This is where a business operations manager comes in: they will manage deadlines and enforce quality standards, so efficiency is maximized.
Database administrator
There’s a considerable amount of digital information around consumer behaviors that brands want to use – and that’s all because business is usually conducted online nowadays. Yet because of the sheer amount of data that is collected by businesses about their consumers, they also must worry about items such as privacy violations and data breaches.
So, as a database administrator, you will need to make sure that data is logically organized and is secure. You may find that attaining an information systems MBA is prevalent within this area.
Marketing manager
There’s a demand for marketing managers in almost every industry you can think of because there will always be a service or product that a business will want to sell to customers. This role means these business executives will help to oversee a brand’s marketing campaigns, as well as coordinate the work of those working within marketing teams. They will also determine what the demand for a service or product may be, as well as who may be interested in purchasing it.
A marketing manager will also contribute to conversations on whether a business idea is a viable one and could be involved with the pricing of a service/product. They will create strategies about how an organization can attract customers and boost sales, too.
This example shows that different career options are available if you’re considering an MBA, such as the program offered by Aston University Online. As well as finance and marketing, there are other sectors in which you can move with your new degree.
Pharmaceutical brand manager
It’s been a common path for those with an MBA in healthcare to work as a brand manager for a large pharmaceutical company – and continues now with MBA graduates. This can be a fulfilling career option to consider if you have an interest in health sciences, for instance, or human population health.
Healthcare information manager
You can be part of a healthcare organization in such a role, where you’ll be involved in data management, information flow, and computer coordination. It will be imperative you appropriately supervise electronic versions of patient records – these may have to be transferred between several different parties, so it will need to be done securely.
As part of this position, you’ll have to check your healthcare databases are complete, accessible to only those who are allowed to, and are accurate. You will also need to stay up to date on relevant laws on these systems (both current and proposed), IT developments, plus trends in how to manage large amounts of data.
Healthcare policy analyst
You’ll be working with government agencies, insurance brands, and private healthcare companies to test relevant policies that will help with determining decisions within this sector. These will also have a hand in developing new policies and programs that reflect changing best practices within healthcare, including new technologies and treatments.
As a healthcare policy analyst, you’ll be required to curate and compile data from multiple sources to recommend health policies and design models. These will show the effect of changing healthcare programs for the likes of community groups and non-profit organizations, among others.
Management consultant
Being a high-end management consultant means you’ll be giving companies the focused direction they need for them to stay competitive and relevant, and you’ll generally specialize within a specific industry. You will be the one to help solve management problems with government agencies and companies and will give support on controlling costs, increasing efficiency, maximizing profits, and boosting staff productivity.
Management consultants will also aid brands in either starting an online business or adjusting to new regulations. You’ll give your advice to top executives, including chief operating officers, chief financial officers, and chief executive officers.
Chief technology officer
You will be responsible for establishing an organization’s technical vision, as well as overseeing all features of its technological developments and managing the technology team. You’ll be establishing technology standards and will make sure these are met. This role will also involve overseeing special projects plus research and development.
Investment banker
Here, you’ll be helping numerous brands and government agencies to raise money in capital markets (i.e., equity and debt). You’ll be offering strategic advice on acquisitions and mergers as an investment banker, too, plus on other financial transactions. Many of your colleagues in this role will typically need to have strong educational backgrounds, with some employers preferring its investment bankers to have an MBA in finance.
Human resources manager
You’ll be responsible for providing a comprehensive HR service to an organization, meaning that managers and employees will know the best practice to create a high-performance culture. Your role will be a hands-on one, so you’ll have to deliver strategic objectives and provide assistance in managing overall HR operations.
You’ll have many duties to fulfill as a human resources manager – which may include developing policies and procedures to boost performance and to mitigate disputes. You’ll be managing complex employee relations cases, which could involve disciplinaries, dispute resolutions, redundancy, and retirement, among others. You’ll advise managers on terms and conditions of employment, implement learning policy, plus provide advice on current employee benefits. You’ll also support the recruitment process.
So, there are many options available if you’re still thinking about how your MBA will affect your career prospects if you decide to take up further study. There are numerous concentrations you could select, depending on your interests and experience. Finance and business leadership roles are some of the more prominent roles that MBA graduates go on to attain – yet others involve technology, marketing, human resources, and healthcare.
These are only some of the positions that you could go on to gain and will very much be in your grasp on graduation. So, what are you waiting for? Start preparing for your course studies now – and, in just a few years’ time, you could be well on your way to gaining not only your MBA but also your dream job.
