• Best Careers for Aspirants Holding MBA Degree

    July 02, 2013 by
    An MBA certificate with a pen and calculator on top of it

    An MBA certificate with a pen and calculator on top of it. Photo courtesy of Shutterstock.

    1. Management Analyst: Management analysts are advisors who evaluate a business to give opinions on how to make a better organization, manage more professionally, and increase earnings. And a large number of employers, specifically those related to private sectors, desire to work with forecasters who have obtained an MBA degree.

    As per the Labor Department, 26% of management analysts are self employed. Pursuing their own business can be very valuable.

    2. Financial Analyst: Financial analysts generally are well-informed of fiscal developments and then use their knowledge and skills to provide guidance on investments. Gaining an MBA finance degree would serve a potential analyst well, mainly those who want to get a promotion to the administrative posts.

    This profession requires a bachelor’s degree, but one must get a master’s degree for advanced opportunities.

    As per US Bureau of Labor Statistics (BLS), the average income of financial analysts was $74,350 in May 2010. Job opportunities are projected to increase by 23% from 2010 to 2020.

    3. HR Specialist: There is a significant requirement for trained HR workers. And a master’s degree differentiates the finest HR experts, mainly those desiring to work during training. They directly influence workers efficiency, and thus, a company’s overall achievements.

    HR specialists employ, monitor, interview, and place employees. They also manage HR work in different fields, for example, worker relations, payroll and compensations, and training.

    Though HR specialists find jobs in almost all industries, most of them are concentrated in the services sector, doing jobs for staffing and HR organizations.

    Many vacancies demand a bachelor’s degree, but at some places, a high school diploma can be accepted. While many companies demand aspirants holding a bachelor’s degree, some may require relevant work experience as an alternate.

    As per US Bureau of Labor Statistics (BLS), the average income of HR specialists was $52,690 per year in May 2010. Job opportunities are projected to increase by 21% from 2010 to 2020, faster than the average for all occupations. Employment chances are fine overall, particularly in the services sector.

    4. Financial Adviser: An MBA is very useful for a financial adviser wanting to have more customers and build confidence. They teach people how to best save and use money. They give financial advice. They assist with investments, taxes, and insurance decisions.

    They usually do jobs in the finance and insurance organization or are self-employed. They usually do full time jobs.

    This profession requires a bachelor’s degree. A master’s degree and certification can provide better opportunities for progress in the career.

    As per BLS, average income of financial advisors was $64,750 per year in May 2010. Job opportunities are expected to increase by 32% from 2010 to 2020.

    5. Accountant: Accountants make and study financial records. They guarantee that fiscal records are perfect and that taxes are paid accurately. They evaluate monetary processes and make certain that businesses run proficiently.

    As per BLS, the average salary of accountants in 2010 was $61,690 per year.

    Job opportunities are projected to increase by 16% from 2010 to 2020. The requirement for detailed financial documentation is projected to grow due to the current fiscal crises and following monetary policies.

    About Author:

    Ronnie Williams is a staff writer for AskForEducation.Com, offers information on accredited online schools. You can follow Ronnie on twitter @askforedu.

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