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Before researching careers for MBA graduates, take a look at what this degree entails. A Master of Business Administration, or MBA, is a graduate degree that delves into the subject of business management and administration. Courses tend to focus on critical thinking and effective management. This program aims to prepare graduates to lead organizations of any size into the future.

When it comes to education, there's no one-size-fits-all approach. But the degree track that possibly comes the closest is the MBA. Covering such skills as management, decision-making and leadership, this degree prepares for a variety of careers for MBA grads, including roles in business operations, management and administration.

The MBA’s versatility may also account for its popularity among students. While recent reports suggest a decline in overall applicants for MBA programs, it has historically outperformed most master’s programs. In the 2021-22 academic year, more MBAs were conferred (202,334) than any other master’s degree, according to the . Only the health professions and related programs came close with 142,025 master’s degrees conferred.

Like the utility of an MBA, which is diverse and evolving, earning an MBA is a process with many opportunities for customization. Things to consider while deciding to pursue his degree may include:

• Is a full-time or a part-time program more desirable?
• Is there a competency-based Master of Business Administration program for an expedited experience?
• Can the MBA be customized with a certificate in accounting or human resources?

Depending on the answers, an online MBA could offer the right level of flexibility and skills that can enhance a career. Let’s explore what’s possible when it comes to getting an MBA and putting it to work after graduation.

The decision to pursue a Master of Business Administration and careers for MBA graduates depends on individual goals. Not only can it teach new skills but it may also provide networking opportunities.

An MBA can help distinguish a graduate in a particular field and can demonstrate a commitment to learning. It can’t guarantee professional success, but it can lay a strong foundation  to pursue  a desired career path.

Ultimately, for those seeking to enhance a career in business with a leadership role, or planning to start  a company someday, an MBA might be a smart move.

An MBA doesn’t limit you to one industry or role. In fact, many professionals use an MBA to potentially enhance their career. MBA programs can help prepare you for these and other professions:

• Overview:��Business managers plan and oversee measures that help their organizations achieve optimal efficiencies. Areas that may fall under their jurisdiction include budgets, marketing, business strategy and personnel.
• National median salary:��As of May 2023, according to the U.S. Bureau of Labor Statistics (BLS), business managers earned between
• Education requirements: A bachelor’s degree and related work experience are customary. Specific employers may require an MBA.
• Job outlook: The projection is for  between 2022 and 2032, according to BLS.

Salary ranges are not specific to students or graduates of ���۴�ý. Actual outcomes vary based on multiple factors, including prior work experience, geographic location and other factors specific to the individual. ���۴�ý does not guarantee employment, salary level or career advancement. BLS data is geographically based. Information for a specific state/city can be researched on the BLS website.

BLS Occupational Employment Projections, 2022-2032 is published by the U.S. Bureau of Labor Statistics. This data reflects BLS’ projections of national (not local) conditions. These data points are not specific to ���۴�ý students or graduates.

• Overview: General managers are often responsible for multiple departments and may be required to formulate policies and manage daily operations. Like GMs, operations directors have a diverse set of skills and job duties that are difficult to classify, although these tasks may occur at an organizational rather than store or location level. They may help draft company policy, direct operations and plan HR strategies.
• National salary range:�� As of May 2023, general and operations managers earned , according to BLS.
• Education requirements: Most management roles require a bachelor’s degree at minimum. Specific employers may require an MBA.
• Job outlook: A projected  between 2022 and 2032, or roughly 147,300 jobs, according to BLS.

• Overview:�� oversee and coordinate a company’s daily operations. Their responsibilities include developing administrative practices, including records management, and training protocols. In some smaller organizations, an administrative director might handle the duties of a chief executive officer or chief operations officer.
• National salary range:��As of May 2024, administrative services and facilities managers earned , according to BLS.
• Job outlook: BLS projects this occupation to  between 2022-2032.

Students will need more than a strong internet connection to successfully complete an MBA program. Here are ways to prepare for MBA courses:

• Establish good time management skills.
• Manage expectations — there will be papers, tests and deadlines to meet on top of any current obligations. Plan accordingly.
• Get financials in order, from completing the FAFSA® on time to applying for any scholarships ahead of time. The fewer financial surprises along the journey, the better.