MBA in Global Enterprise Management: Career and Salary Facts
Earning an MBA in Global Enterprise Management could prepare you to work in supply-chain management, financial management, purchasing or product promotion. Read on for information about employment outlook, salary and education requirements. Schools offering International Business degrees can also be found in these popular choices.
What is Global Enterprise Management?
Advancements in technology have enabled companies to more easily operate on an international level and facilitated greater intra-organizational communications. A global enterprise management MBA prepares you to apply business and marketing skills internationally. As a global manager, you take into consideration items like technology and cultural barriers when building your organization's international workforce. In large companies you are likely to work a specific area of management including promotions, buy and selling, and finances. In all these you will need to be able to supervise employees from all the around world and organize projects that will take place in multiple nations.
The following chart gives you an overview of what you need to know about entering this field.
|Purchasing Managers||Financial Managers||Operations Managers|
|Key Responsibilities||Determine company purchasing needs, negotiate with vendors||Examine clients' financial records, prepare tax documents, advise on investments, loss, and profit||Establish company goals, manage day to day running, analyze financials and other reports|
|Licensure/Certification Required||Licensure required in some areas, certification available||Licensure required in some areas||Some licensing may be required|
|Job Outlook (2014-2024)||1%*||7%*||7%* (all general and operations managers)|
|Median Salary (2015)||$108,120*||$117,990*||$97,730* (all general and operations managers)|
Source: *U.S. Bureau of Labor Statistics (BLS)
What Will I Learn in an MBA Program?
The global enterprise management concentration is uncommon in an MBA program. If you are interested in receiving your master's in global enterprise management, you may be forced to consider one of few schools who offer this focus. As a global enterprise management student you learn about running cross-cultural operations. Consequently, some colleges require you to complete select courses at other international colleges through study abroad programs.
Some of the topics you may study include international finance, managerial accounting, international negotiations, international operations, business administration, cross-cultural management and strategic management. You will also learn about global market promotions through coursework in marketing research and transnational marketing.
What Jobs Can I Apply For?
An MBA in Global Enterprise Management qualifies you for a number of positions. Management positions may be general in nature or have a specific focus like supply chain management. Other jobs that might be available to you are financial manager, promotions manager and purchasing agent.
What Will My Salary Be?
Your salary will vary by position. According to U.S. Bureau of Labor Statistics (BLS) data from 2015, purchasing managers earned a median annual salary of $108,120, financial managers brought in a median annual salary of $117,990 and operations managers made a median of $97,730 (www.bls.gov). Additionally, those who worked in promotions earned a median annual salary of $124,850, and purchasing agents made a median annual salary of $59,620.
What Are Some Related Alternative Careers?
There are a number of clerks that work to assist management in various ways. For example, financial and bookkeeping clerks keep track of customer and financial records. Accountants and auditors prepare financial reports for tax purposes. Logisticians make sure companies don't run into supply shortages or surpluses and that production is running as efficiently as possible. All of these professions can be complicated yet extremely important on an international level.
To continue researching, browse degree options below for course curriculum, prerequisites and financial aid information. Or, learn more about the subject by reading the related articles below: