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A Master of Business Administration (MBA) degree provides valid credentials to individuals who have completed six years of higher education. An MBA helps to qualify you to work in higher levels of management, finance, marketing, and entrepreneurship industries.
A Master of Business Administration degree is applicable to hundreds of different job positions not included in the above list. The following 10 jobs represent additional employment opportunities for people with an MBA:
1. Financial Controller
Financial controllers are high-level executives overseeing accounting departments and the development of financial reports. Also known as a financial comptroller, financial controllers typically answer to a company’s chief financial officer. Smaller companies may position a financial controller as their top financial manager. Duties of a financial controller include preparing compliance audits, evaluating internal controls, and participating in creating annual budgets.
2. Global Business Manager
A global business manager establishes strategies for maximizing profits across global markets by focusing on international trends, consumer demand, and sourcing of services and goods. Global business managers may also initiate marketing campaigns to optimize services or products that exploit particular market niches. In addition to managing reports and analyzing international markets, global business managers are also innovators, dealmakers, and expert conflict handlers.
3. Hospital Administrator
A hospital administrator oversees all types of healthcare facilities, from medical facilities and nursing homes, to mental health clinics and rehabilitation centers. Hospital administrators are responsible for developing and implementing financial budgets, securing funds, hiring staff, and working with board members. Knowledge of accounting, economics, and organizational psychology is essential to being a hospital administrator.
4. Management Consultant
Improving a company’s performance, solving internal problems, reducing expenditures, and ensuring sustainability of a company’s direction are just a few duties management consultants are hired to do by stagnant or failing businesses. Management consultants work with human resource departments, accounting departments, and large multi-national firms that need assistance in remaining viable in a globally competitive market.
5. Investment Banker
An investment banker is a type of corporate financial advisor acting in a capital market advisory capacity for governments, corporations, and large businesses. In addition, investment bankers help clients raise funds in capital markets, offer advisory services, and help complete merger and acquisition activities.
6. Computer and Information Systems Manager
Commonly referred to as information technology managers, computer and information systems managers develop, coordinate, and oversee computer-based activities within organizations. IT managers are also responsible for choosing, implementing, and streamlining the operation of computer systems to achieve goals essential for a company’s long-term viability.
7. Operations Management
An operations manager ensures operations are carried out in the most cost-effective, timely, and accurate manner as possible. They also confirm that operations are in alignment with any quality or compliance specifications affecting the operations. Operations managers work to improve operations/employee productivity and performance by training managers and preparing reports for senior executive personnel.
8. Private Equity Investor
Private equity investors are responsible for raising money from retirement and pension funds, limited partners, wealthy people, and insurance companies. They are also qualified to source and finish deals for acquiring businesses, improve management of portfolio companies, and sell portfolio businesses for a profit.
9. Commercial Banker
Commercial bankers manage bank branches and provide leadership for bank personnel. Common duties of a commercial banker include denying/approving loans, acquiring customers, coordinating multiple departments within a bank and supervising staff.
10. Venture Capitalist
Venture capitalists invest in business ventures by providing funds for expansions or start-up businesses. A venture capitalist on its own is rare. Most venture capitalists work for professional firms sustained by several venture capitalists who work together to maximize their skills and resources.
Interested in pursuing your Masters of Business Administration (MBA)? Alliant’s California School of Management & Leadership offers an MBA program at our San Diego campus, as well as online. After earning your MBA, consider taking it a step further as we also offer a Doctor of Business Administration to help you advance your career. For more information, contact Alliant today.