What Types of Management Jobs Does an MBA Prepare Students For?

Students interested in management and leadership positions might consider earning a Master of Business Administration (MBA). Graduates with this postgraduate degree can begin careers in a variety of fields and are vital in carrying out the goals of an organization. Read on to learn more about management positions you can pursue with an MBA degree. Schools offering Business Management degrees can also be found in these popular choices.

Management Career Options

Graduates with this postgraduate degree can begin careers in a variety of fields and are vital in carrying out the goals of an organization. In this article we'll discuss information about marketing, financial, healthcare, and human resources managers.

Important Facts About These Careers

Marketing Mangers Healthcare Managers Human Resources Manager
Job Outlook (2016-2026) 10% growth 20% growth 9% growth
Key Skills Interpersonal, decision-making, and organizational skills Technical, communication, and analytical skills Speaking, organizational, and decision-making skills
Similar Occupations Market research analyst, advertising sales agent Insurance underwriter, social/community service manager Training and development manager, administrative services manager
Required Studies Courses in market research, communication methods, and consumer behavior Courses in medical terminology, health information systems, and hospital administration Courses in conflict management and industrial psychology

Source: United States Bureau of Labor Statistics

Marketing Manager

Marketing managers are in charge of marketing the goods and services for a company or organization. Professionals in this field create effective marketing campaigns and convey messages to potential consumers. Marketing managers must have strong leadership skills and be able to run promotional and production teams. According to the U.S. Bureau of Labor Statistics (BLS), marketing managers earned a median salary of $134,290 per year as of 2018 (www.bls.gov.).

Financial Manager

Financial managers must understand and stay abreast of the financial markets. They must be able to work effectively with clients, communicating with them clearly to explain the ups and downs within the financial world. Professionals in finance are responsible for managing money and also need to be quick thinkers with high energy levels. The BLS reported that financial managers made a median salary of $127,990 annually in 2018.

Healthcare Manager

Healthcare managers have the difficult task of balancing the budget of a hospital or clinic while maintaining the quality of patient care. Managers in this field are trained to distribute the necessary resources, in accordance with ethical, legal and regulatory requirements. In addition, healthcare managers need to understand how health policies, HMOs, risk assessment, resource allocation and healthcare finances work. In 2018, medical and health services managers earned a a median yearly salary of $99,730, according to the BLS.

Human Resources Manager

Human resources managers handle the personnel decisions within a company or organization. Managers in this field are responsible for hiring, assigning positions, ensuring benefits, organizing training and overseeing compensation for an organization's employees. Human resources managers make sure that appropriate conduct is maintained in the workplace and that employees are in a position to succeed, which enhances morale and productivity, increases job performance and limits turnover. Human resources managers earned a median salary of $113,300 in 2018, as reported by the BLS.

Skills Acquired in an MBA Program

Students in an MBA program study the applications and theory of business management principles. This graduate program gives students analytical, decision-making, financial, and creative skills.

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:

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