If you have aspirations to move up to management and leadership positions in business, an online Master of Business Administration (MBA) in Management provides the training and confidence you will need. For evidence of this fact, examine any corporation’s hierarchy. With each step up the ladder, you will find a higher concentration of business school graduates.
Specialized MBAs Meet Today’s Hiring Demands
Right now, you may be considering your options for earning your next promotion. You may even have ambitions to become a senior manager, VP, or executive. Your goals are substantially more likely to be realized with an MBA.
The Graduate Management Admission Council (GMAC) shows strong prospects for all recent MBA graduates. At each level of management, by organizations in every industry and of every size, MBAs are in high demand. As organizations have grown more complex, however, they now seek more specialized management skills. This is why an increasing number of universities now offer such programs.
The focus offered by an MBA with a specialization in management enables you to meet the needs of employers who are seeking management-level candidates. Barry University’s AACSB-accredited online MBA in Management was developed in conjunction with top employers to cultivate the skills required in today’s business environment. The program emphasizes a corporate management worldview, which provides a global business perspective and the tools for intelligent problem-solving and change management using contemporary methodologies.
Theory of Management Is One Thing; Practice Is Quite Another
Specializing in management allows you to delve into the practical applications of management theories. These include HR management processes designed to maximize worker satisfaction and the use of organizational behavior principles to positively impact interactions at all organizational levels. Students also learn to apply the concepts and practices of Total Quality Management and continuous improvement.
Many managers in business today have taken years of combined academic and professional experience to reach the level of understanding that a specialized management program provides. In a job market that favors MBA graduates with the right skills to take on management roles, it pays to focus on the skills you will use in your desired position. If, however, you are unsure about pursuing a career in management, you can explore various other online MBA program specializations offered by Barry University.
Management Opportunities Abound for MBA Graduates
The value proposition of an MBA is strong, according to GMAC. Of the 3,600 graduate business alumni across the globe who participated in GMAC’s 2022 longitudinal study, The Value of Graduate Management Education: From the Candidate’s Perspective, over 90% rated the value of their business education favorably. In terms of career outcomes, MBA alumni respondents reported that their education:
- Provided a positive return on their investment (85%)
- Increased their employability (87%)
- Prepared them for leadership positions (76%)
- Helped them achieve professional goals (84%)
- Increased their earnings power (77%)
- Provided opportunities for quicker advancement (68%)
GMAC’s 2022 Corporate Recruiters Survey also showed strong prospects for MBA graduates, with 92% of recruiters and 95% of staffing firm respondents planning to hire new MBA grads during the survey year. Compensation prospects are just as impressive. The median starting salary projected for a new MBA graduate in the U.S. is $115,000. Plus, to attract MBA grads, compensation packages are expanding and evolving to include new benefits like educational assistance.
In a strong economy, demand for highly qualified managerial talent continues to soar. For specialized MBA graduates with expertise in management, opportunities are abundant.
Learn more about the Barry University online MBA in Management program.