What Are Popular Entry-Level Positions with a MBA?
A Master of Business Administration (MBA) graduate generally plans to advance to a senior management or company officer position. MBA applicants should have a few years of business experience behind them, as positions requiring an MBA usually also require five to ten years of experience. Some exceptions to this rule exist, and the true entry-level MBA positions are described in this article. Schools offering Business degrees can also be found in these popular choices.
Popular Entry-Level Positions for an MBA Graduate
Even a job advertised as an entry-level MBA job often calls for at least some business experience. Therefore, your MBA entry-level job will depend on where your experience lies. Here are some of the popular positions most likely to be open to a new MBA.
Important Facts About Entry-Level MBA Opportunities
|Median Salary (2015)||$60,684 (for individuals possessing an MBA but with less than 5 years experience)|
|On-the-Job Training||Minimal or nonexistent in most capacities, although select companies may offer training for unique or specialized work.|
|Key Skills||Effective communication, group leadership experience, an aptitude for negotiation and a well-developed familiarity with financial and business regulations|
|Work Environment||Be prepared to spearhead projects independently, work cooperatively within larger teams, and revise strategies in response to changing market forces.|
Sales and Marketing
Sales is a popular entry point for any business management career. Even if your entry-level position is on a sales floor, your MBA training will help you quickly advance to higher levels of management. Marketing skills are always in great demand, especially in the areas of e-commerce and cross-cultural international business. Other skills may also be important depending on the industry. For instance, IBM prefers to hire sales representatives with technical expertise in addition to their MBA's.
Consulting and Customer Relations
This entry point is similar to sales in that you represent the company to the customer, but here you are helping potential and current customers identify their needs and design solutions using your company's services or product line. Many companies offer this sort of position without experience requirements.
JOBCentral National Labor Exchange, a labor exchange pool, currently lists a number of financial analyst positions for MBA graduates who have a half year or less of experience. Some companies may provide their own training to entry-level employees, but this is generally not a standard practice within the industry. With two to five years of experience and your MBA, you can apply for high-level finance associate positions within major institutions such as JP Morgan Chase, Goldman Sachs or Wells Fargo & Company.
An MBA makes you more competitive for many entry-level positions in the government. You may find your place in purchasing, project management, supply chain management, management information systems or many other business functions.
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: