By A research report shows a 12% increase in MBA applications globally between 2023 and 2024(source: GMAC). This high demand for MBA degrees points out the increasing job market competition. The reason is that an MBA is a perfect tool to get that competitive edge required to compete in the current market. Business aspirants consider this postgraduate degree as the most reliable and valuable source of knowledge. Due to the fact that it boosts students’ knowledge in wide areas including management, leadership, marketing and so on. The best part? It also develops necessary practical skills and business awareness.
When you have an MBA degree, the world is your oyster. Using an MBA degree, you can change careers, climb the career ladder and whatnot. Are you in the process of getting an MBA but confused about career paths? Follow this read. Here, we will outline the major career choices you have once you get an MBA. So, let’s start creating the path:
Top Career Choices for MBA Graduates/h2>
Management Consulting
MBA focuses a lot on polishing and developing the management skills of students. This is why commonly successful students choose management roles as their careers. When you are working as a management consultant, you help:
- Identify management problems
- Analyse data,/li>
- Make data backed decisions
- And execute them for continuous growth/li>
Given the wide need for management skills in various industries, an MBA grad has a lot of opportunities, from strategy to finance, to choose from.
Key Roles
- Management Consultant
- Strategy Consultant
- Business Analyst
Top Employers in the Market
- McKinsey & Company
- Boston Consulting Group (BCG)
- Bain & Company
Marketing and Brand Management
Are you good at persuasion and creativity? You can make a strong career in marketing as an MBA grad. Here, you apply your creativity to develop impactful marketing tactics. These tactics promote the services and products of the company. Plus, you ensure that the brand has a strong market reputation. Overall, it is all about helping businesses succeed in the competition.
Key Roles
- Brand Manager
- Marketing Director
- Digital Marketing Strategist
Top Employers in the Market
- Procter & Gamble
- Unilever
- Coca-Cola
Entrepreneurship and Startups
MBA graduates who have a knack for problem-solving and are good at leadership often choose this path. This is because entrepreneurs use their problem solving skills to develop ideas and establish a new business. This leads to contributing employment opportunities and expanding the job market. These startups are often focused on solving a unique problem in the society. An MBA degree proves to be a great help in such a career. The reason is the network growth and skills you gain as an MBA student. These skills are fully leveraged here.
Key Focus Areas
- Business Planning
- Fundraising
- Market Analysis
Notable Examples in the Market
- Jeff Bezos – Amazon
- Travis Kalanick – Uber
Technology and Product Management
From Sundar Pichai to Satya Nadella to Marissa Mayer, there are many examples of MBA grads who deliver exceptionally in tech-centred businesses. Such individuals excellently balance both their technical and leadership knowledge to progress the company. Therefore, you must have a strong command of technology and understand how to lead the team to excel in these roles. If you think you have that, choose this path.
Key Roles
- Product Manager
- Business Development Manager
- Operations Manager
Top Employers in the Market
- Amazon
- Microsoft
Human Resources and Talent Management
You can play a great role in a company’s culture and resources as an HR professional. The fact that MBA teaches students how to identify the best talent, refine and retain them comes in handy here. Plus, it develops skills related to maintaining the company’s values and ensuring smooth progress. If you are good at managing people, this field is yours to explore.
Key Roles
- HR Manager
- Talent Acquisition Specialist
- Organizational Development Consultant
Top Employers in the Market
- Deloitte
- PwC
- GE
Operations and Supply Chain Management
MBA offers specialised knowledge and skills for supply chain and operations management. If you have
- Good problem solving skills
- Understand how to bring process efficiency/li>
- And possess excellent management skills/li>
Then, you should choose a supply chain career. In this role, you oversee the entire production and logistics process. Further, you assess areas for improvement and ensure maximum efficiency is achieved at low costs.
Key Roles
- Operations Manager
- Supply Chain Analyst
- Logistics Manager
Top Employers in the Market
- Amazon
- FedEx
- General Motors
Although there are endless MBA degree rewards, the path to them is not easy as well. Considering professionals commonly pursue this study, it is difficult for them to manage both roles. Hence, they can not dedicate sufficient time to their studies. Moreover, it becomes even more complicated when an MBA thesis comes on the way. It is a mandatory requirement for a successful degree. This is why many students seek a reliable MBA thesis writing service. These services offer highly experienced and academically skilled writers. So, you can choose a writer to get expert guidance and complete your project on time with continuous support.
Summing Up!
MBA gives you a powerful edge in the job market. The reason for that is it builds the trust of employers in your skills and knowledge. This trust comes from the knowledge that the MBA prepares an individual comprehensively for the job market. This is why employers seek to hire MBA grads, as they know you are among the key people for the company’s growth. Hence, if you want to make your career dream come true, work on your MBA degree. Choose an MBA specialisation you want to make a career. Plus, keep an eye on the best market opportunities.
With sound knowledge, a creative mind and a successful MBA degree, even the sky is not the limit for you!
