If you want to climb up the corporate ladder or launch your own business, an MBA is a great choice. Even if you don’t end up in your dream job after graduating, you’ll be better equipped to shift gears five or 10 years down the line thanks to the skills you acquire and the connections you make.
Unlike more industry-specific advanced degrees like a doctorate or teaching credential, an MBA can be applied to a variety of industries and functions. The knowledge, hard and soft skills, and critical thinking you learn in an MBA program also last long after you graduate.
MBA students often choose a specialization or concentration to deepen their knowledge and enhance their career prospects. Some popular options include entrepreneurship, international business, management information systems, human resources, finance, supply chain management and strategic management. In addition, some programs offer a wide range of elective courses that can help you build your own specialization or concentration.
Many MBA students choose to study entrepreneurship, which helps prepare them for starting their own companies. Students who specialize in entrepreneurship will study topics like resource procurement, marketing, and finance.
Another popular option is studying international business, which teaches you how to align the goals of your company across locations and cultures. A degree in this field can be especially useful for companies that work with foreign suppliers, customers, or invest internationally. Finally, an MBA in finance can help you build your financial acumen so you can make informed decisions about investment and other high-level fiscal matters that affect the bottom line. studium mba