MBA Positions
There are many career opportunities for those who possess an MBA. If you are obtaining an MBA through a part-time or distance learning program, however, locating them may be somewhat more difficult. Here are some tips to find the MBA career of your dreams.
Take advantage of school resources
Often, many
MBA students are able to find jobs before they even graduate by accessing the resources offered by their school. Corporate recruiters from top companies often attend job fairs hosted by schools. The career services department at some schools will also provide information about available opportunities and about various companies. In addition, taking advantage of workshops on how to craft your resume and prepare for interviews can give you an advantage over the competition.
Network
One of the most valuable aspects of the MBA program is that it provides countless opportunities to connect with potential employers. Whether it is through classmates, professors, your internship, or your dissertation research, take advantage of every opportunity to connect with those who could help you find a great job after graduation.
Use the Internet
Opportunities to participate in internships and job fairs may be somewhat limited for those who are not pursuing a full-time MBA, but that does not have to mean that finding a great job is impossible. Try typing "MBA jobs" into a search engine, and you will get lots of results. There are online job boards where employers who are specifically looking for MBA graduates post available positions. Some sites allow MBA graduates to post their resume, which could help you connect with suitable employers.
Expand your horizons
If you live in a small town, restricting your job search to your immediate geographic area may not be an extremely wise tactic. Expand your search to include other areas of your state, the country, or even the world to explore all of your career possibilities.
Ask around
If MBA jobs are anything like those in other industries, many are never even advertised. If you know somebody who works with a company you are interested in, let them know you are seeking a position. Drop off your resume to companies that interest you. They may not be looking for anybody right at that moment, but if a position does come up, they may just call you in for an interview.
With patience and persistence, most MBA graduates are able to find an MBA career that is both very profitable and satisfying.
MBA Jobs
While the phrase MBA jobs usually conjures up images of investment bankers and chief financial officers,
the reality is that the career possibilities for MBA graduates are virtually endless. Almost every
industry has some need for the skills and expertise that MBA graduates possess. Here is an overview of
just a few of these industries.
The federal government: Although representatives from Washington may not recruit a significant
number of MBA graduates each year, the opportunities do exist. Job possibilities could include working as
a financial analyst for the U.S. Department of the Treasury or the CIA.
Health care: Health care in the United States is big business, so it should come as no surprise that
there are many opportunities for MBA graduates in this field. Administration positions in hospitals,
marketing jobs with pharmaceutical companies, or careers in health care consulting are all possibilities.
IT industry jobs: The IT industry has opened up a whole new category of career possibilities for MBA
graduates. Individuals from a variety of backgrounds can find a job in this lucrative area. Those who
have strong technical backgrounds could work as project managers. Consulting is another option, and tech
consultants may show companies how to use new software programs and applications. Marketing students
could work on campaigns and new product development. Working in the financial department of a tech
company or as a sales representative are other options for MBA graduates.
Real estate: The housing industry is a significant part of the economy of most countries, and the
United States is no exception. Those who pursue an MBA in real estate could secure positions as financial
analysts or investment strategists, or they could be responsible for other duties like completing
mortgage transactions and training new staff.
Of course, there are other, more commonly known positions such as credit managers, market researchers,
and investment advisors, and employers are often large corporations and firms. However, it is important
to realize that many opportunities for MBA graduates exist in virtually every industry, so it is
important to expand your job search to include multiple employers.
MBA Finance Jobs
For those possessing an MBA in finance, there are numerous job opportunities. Some of the most popular
career paths for those who possess an MBA in finance involve working for investment firms or large
corporations. Some graduates also choose to work as independent consultants in the financial field. The
following are just a few of the career options and possibilities for those who have successfully obtained
an MBA with a specialization in finance.
Financial Analyst
Basically, the role of a financial analyst is to help corporations maximize their profits. Using data
from the corporation, including their investment portfolio, the financial analyst develops detailed
reports based on the financial profile of a given company. Then, by referring to these reports, they make
strategic decisions as to how the company can better invest or manage their finances in an effort to
increase profits.
Credit Manager
When working for a corporation, the credit manager is responsible for overseeing any credit that is
granted to the business' customers, partners, or other individuals with a stake in the company. The range
of responsibilities involved in such a position can be diverse. Credit managers may determine how much of
a credit risk certain individuals pose, then decide, based on this, whether any initial or additional
credit should be granted. They also set maximum credit limits and may also be in charge of supervising
collection efforts to obtain funds that are in arrears.
Cash Managers
As a cash manager of a corporation, this individual has a great deal of responsibility. They are in
charge of ensuring that all money owed to those who have provided goods or services to the company is
disbursed both in the correct amount and on time. In addition, they are responsible for making sure that
any funds owed to the corporation are received. Cash managers are also expected to regularly review the
financial state of the company to decide whether it is in a good financial position, or if changes to
operational practices or investments are required.
Chief Financial Officer
This is one of the most prestigious positions in any corporation, and also one that entails significant
responsibility. Many MBA finance graduates aspire to obtain a position as a chief financial officer for a
large corporation. They are responsible for all financial aspects of the company, including accounting
and developing strategies to increase profits. In larger operations, they may also supervise other
employees and assign tasks.