Essential Information
A general MBA program covers several important business disciplines, including economics, human resources, marketing and business policy. Students can usually choose an area of business specialization, such as human resources, marketing or international business. Programs are available in both online and on-campus formats, with internship and study abroad opportunities offered to all students. Applicants must have a bachelor's degree and submit professional recommendations and GMAT or GRE scores.
Master's Degree in Business Administration
In MBA programs, students start by completing a general program curriculum and then choose elective courses in their areas of interest. Common course topics include:
- Business studies
- Managerial decision-making
- Accounting
- Financial management
- Funds management
- Global business
- Leadership prospective
- Marketing strategies
- Operations management
- Organizational change
Popular Career Options
Most students complete an MBA program with the aspiration to work in top management positions. Students may already be employed in management and complete a program in order to qualify for a promotion. Students may qualify for management positions within a variety of industries such as:
- Healthcare
- Government
- Manufacturing
Employment Outlook and Salary Information
Top executives across all industries could expect to see a 4% employment growth from 2019 to 2029, according to the U.S. Bureau of Labor Statistics (BLS) (www.bls.gov). The average annual salary for chief executives was $197,840 in 2020.
Continuing Education Information
Graduates of an MBA program may wish to continue their education through the completion of a doctoral program. A Ph.D. in Business Administration program provides students with advanced research and leadership skills to qualify for academic and research positions within colleges and universities.
No matter what industry you want to work in, an MBA program can provide the advanced business training you need to become a top executive.
