An MBA graduate has a multitude of career opportunities.
A Master's of Business Administration is a postgraduate program focused on business communication. It can be extremely beneficial to those in positions of making executive decisions about the welfare of a business. If you pursue an MBA, you can choose a path of specialization from a variety of business fields including accounting, finance, management, marketing and others. (See Reference 1.)
Accounting
If you are an MBA student who specializes in accounting, you will work within a company or corporation performing duties related to tax reports and income statements. Before you begin this type of work, you must pass the Certified Public Accountant exam. The Bureau of Labor Statistics projects a 16% increase in accounting job openings by the year 2016. Following the Enron debacle and the growing government involvement in business, "demand will be especially high in tax and health care areas." (See Reference 3, Accounting: Facts and Trends.)
Finance
If you choose to earn an MBA in finance, you will learn to control strategy and financial management of a company or corporation. The main duty of a financial manager is to prepare reports which are used to help with development and strategy. The expansion of the business is dependent on the accuracy and reliability of these reports. Ultimately, the decisions made by financial managers and analysts can either make or break the business; they need to maximize profits while minimizing risks.
Management
If you pursue an MBA in the field of management, you should possess considerable interpersonal and managerial skills. Managers are the team leaders within a company; therefore, these people must be able to motivate their employees while enhancing the structure of the business environment. Graduates in the field of management have a vast array of career choices, ranging from consulting to upper-level managerial positions.
Marketing
MBA graduates in the field of marketing go on to such corporate careers as marketing managers, brand managers, advertising executives, research analysts or new product managers. As a marketing professional, you will be responsible for the success and profitability of a product line. Getting your product out and developing brand recognition is a vital responsibility of a marketing director.
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