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How An MBA Can Impress A Potential Employer
2010-11-30
One surefire way to impress a potential employer is to have an MBA degree on your resume. While there are plenty of respectable jobs out there that do not require an MBA, there are several fields that are predisposed to preferring an MBA, and many job positions that require you finish this level of education. An MBA degree will help you accomplish the following:
Work in Finance
Investment banking and high level finance careers almost always require an MBA. Having an MBA will impress a potential employer in this field because such a degree equips you with the in-depth knowledge regarding management, budgeting, financial analysis that is expected of anyone who wishes to manage hedge funds, private equity funds, or investment banking firms.
Switch Fields as an Executive
While there are still companies that promote individuals up the corporate ladder, more and more companies are hiring in new management for fresh ideas and perspective. However, these potential employers aren't going to trust someone who doesn't have an advanced degree, and MBA programs train you in exactly the skills needed to be able to make the broad, sweeping changes that can be needed to jumpstart a company. An MBA gives you the credibility that you can enter into a new field on an executive level, even if you haven't dealt with this particular industry before.
Consult as an Executive
If you're interested in facilitating mergers, acquisitions and revitalization of distressed companies, you'll benefit from having an MBA degree. Potential employers in these sorts of situations are looking for someone who understands big business concepts. If you focus more on the technological side of an MBA program, you will find companies looking for a CTO - Chief Technology Officer - who will value the skills you acquired in the MBA program.
Work in Government Agencies
An MBA is also highly valued by government agencies on the lookout for business sense and savvy management to help them streamline costs and improve efficiency. You may also be able to work as a consultant to a government agency.
Leadership Positions with New Ventures
Owners of start-up companies know they need someone who possesses the business savvy and marketing skills necessary to get a new venture off the ground. An MBA degree will impress a potential employer who knows he has a great idea or product, but isn't sure how to coordinate the required funding, manpower, visibility and management to make the new company flourish.
No doubt about it; an MBA degree is an investment, both monetarily and time-wise. However, you'll find an MBA will give you a significant advantage when interviewing for specific positions in the fields mentioned above.