3 Ways MBA Degrees Can Help You With Career Changes
A Masters of Business Administration (MBA) degree has several benefits for people wishing to make career changes. MBA degrees lead to broad skill sets that give a person an advantage when applying to positions in a business-related field such as management, finance, or accounting.
One way in which pursuing an MBA can help a person make a career change is that an MBA shows a person is diligent, committed and innovative. There are also several other competencies one will attain from studying for an MBA. These are outlined below. It will also get the attention of potential employers. Eighty percent of executives interviewed in a study done by Accountemps, a professional accounting and finance staffing firm, stated that an MBA was still a very important indicator in a candidate's viability for employment.
There are two types of popular MBA degrees. One is a general MBA and the other is one with a specific focus. Often programs will start with general business skills in the first year and then offer MBA students the opportunity to specialize. Specializing can help people make their desired career changes. Some available specializations are management, marketing, finance, and accounting.
These degrees show prospective employers that graduates have certain desirable traits. These traits can lead to high paying jobs and jobs with significant responsibility. These can be used either in traditional business roles or in roles in other industries.
Some of the characteristics of a person who has earned an MBA degree are that they have analytical skills, communications skills and decisiveness. MBA degrees provide students with the education they need to be able to distinguish between important and unimportant information. They also help a person write clearly and effectively; having this type of degree shows decisiveness because an MBA student must learn how to make business decisions like fact-finding and judgment.
There are also applied tools one will have after completing an MBA. Some of those skills are IT Skills and Cross-Cultural Awareness. MBA degrees require one to learn certain computer skills like database and spreadsheet creation and computer programming. Cross-cultural communication is learned through working within teams made up of students with several different nationalities and cultural backgrounds.
Core competencies found in MBA degrees will help people make desired career changes. Two of those competencies are IT Skills and Cross-Cultural Communication. They also show analytical abilities through the pursuit of this degree. There are also indicators of success found in attaining these degrees. Some of those indicators are that a person is diligent, innovative, and committed. People can also choose to specialize in order to open up even more career opportunities for themselves. Some specializations are finance, accounting, marketing and management.