Find MBA – The Master’s in Business Administration
The MBA is a graduate-level degree aimed at empowering managers with the analytical and leadership skills they need to effectively run most office environments. As a transdisciplinary degree, it focuses less on preparation for one particular industry, and more on providing students with the tool set necessary to put together a business plan, identify the core needs and markets companies have, and manage resources effectively so that their teams can achieve success in any environment. This means combining several different kinds of critical thinking and evaluation, and it provides graduates with an MBA with impressive tools for making quick decisions in the working world.
What is a Master’s Program in Business Administration?
MBA programs are specialised programs in the operations and management of private, for-profit businesses in any industry. They focus on teaching the current best practices for administration, so that students are empowered to manage an office workplace more effectively. This gives them the tools needed to ensure quality processes, the correct distribution of office resources, and to manage timelines for various projects that their teams might be charged with completing. MBA programs typically involve several different skill sets, and as such they commonly offer classes in:
- Management and leadership
- Logistics, strategy, and team problem solving
- US and UK-specific laws and regulations governing the workplace
- Bookkeeping and accounting practices, at a basic level
- Effective communication and presentation skills
By sharpening students’ skills in all these areas, MBA programs produce administrators that know what it takes to make an office environment welcoming and successful, and to keep the staff motivated, so everyone keeps moving forward and doing well.
What are the Benefits of Getting an MBA?
In today’s world, where the applicant pool is large and jobs may be scarce in some industries, having an MBA can make a big difference when it comes to submitting a resume. Organisations may weed candidates out based on their experience and education level, and having an MBA ensures that a candidate is at the top of the list when it’s time for interviews. Having an MBA also shows that you are familiar with certain terms and strategies common to business practices in both the United States and the UK.
MBA holders also find a number of other benefits, some of which can be quite surprising. These include:
- Better tactical understanding of the overall marketplace.
- Managerial skills that prepare students for roles in organisations or entrepreneurial endeavors.
- Knowledge of the best, and most competitive practices used today.
- Insight into the theories that may provide tomorrow’s workplace process innovations.
- Familiarity with the diverse range of roles needed to make a modern workplace run.
By obtaining these skills, graduates are prepared not only to enter the job market and compete, but to continue competing once they get a job. Having these skills is necessary in order to improve their own work processes, thereby enabling them to continue climbing the corporate ladder. The companies they will work with and for, are also able to benefit from their insight as it deepens with hands-on experience.
What Kind of Career Can You Expect with an MBA?
Most MBA holders go on to be office managers, head up human resource departments, or move into executive roles within the companies they work for. Since business is a practical field and not a research field, this degree is often the top credential in the industry. This means that many individuals return to school after years of work, in order to be more qualified for a promotion or a higher paying job.
Several positions common for MBA graduates are:
- Marketing managers who sell company products, manage budgets and develop pricing strategies.
- Human resources specialists who often handle compensation, benefits, hiring and recruiting for an organisation or firm.
- Logistician, heading up projects and managing tasks and team members until a job is complete.
- Health services and medical managers who are tasked with smoothly and efficiently running health centers and nursing homes.
- Fundraisers who work to bring in money for nonprofits, political campaigns, universities or private organisations.
- Financial advisors who counsel private clients in regards to finances.
An MBA provides a fast track to the top for those who want to stay employed while they gain more schooling and education. They can also expect to find that they are fully prepared to take on the specialised challenges of entrepreneurship if they so desire it, as the practices and procedures they learn are equally applicable to workplaces that have been in business for years, and those that are just starting out.
A Master’s in Business Administration also prepares students to continue developing on their own, with the help of the administration of evaluations and improvement plans. This makes them more inclined to push themselves to do better and compete more successfully throughout their careers.