Deciding to do a full-time MBA at a reputable business school can be expensive. However, the return on investment of an MBA is well worth the cost. MBA graduates from top US business schools continue to receive lucrative salaries even in 2021, which clearly shows that the Covid-19 pandemic has not stopped the MBA dream.
Indeed, now could be a good time to take a leap of faith and embark on your MBA journey. Read on to learn more about the different MBA programs that can land you high-paying jobs.
Economics – $99,000
MBA graduates have a wide variety of careers to choose from. MBA economics majors offer employment opportunities that make economics one of the highest paying MBA majors available. Career opportunities for MBA in Economics graduates include specialties in market research, economic consulting, benefits and compensation, credit analysis, actuarial science, politics, finance, and lawyers. , among others.
According to the BLS – Bureau of Labor Statistics, professionals with an MBA in economics – who work as economists – can expect job growth of about 8% over the next decade, slightly faster than in the rest of the United States. trades together. According to the BLS, economists had a median salary of $104,340 in 2018, actuaries had a median salary of around $108,000 in 2018, and financial analysts had a median annual salary of $85,660 in 2018.
Che What is a Masters in Business Administration Concentration?
When it comes to a career in business, few degrees rival the MBA.
Professionals with an MBA are in high demand and often enjoy higher earning potential. However, some MBA concentrations pay more than others. What is an MBA concentration and which one to choose?
During an MBA, graduate students often focus their studies on concentration. Also known as a specialization or track, an MBA concentration includes courses and internships that prepare students for specific industries or career paths.
Chief Technology Officer
The job of a Chief Technology Officer is to establish the technical vision of a company, manage the technical team and oversee all aspects of development technological. It is also responsible for supervising special projects, monitoring technological and social trends, participating in management decisions and complying with all technical standards.
Education While research has long been an integral part of business, the development of information technology has increased the importance and need for technology managers. To be hired as a chief technology officer, you must have an MBA with a specialization in information technology management.
High demand
Due to the strict teaching structure and professionalism taught with an MBA, it is in high demand in various sectors. According to the Bureau of Labor Statistics (BLS), the demand for management professionals is expected to increase by 5% from 2019 to 2029.
Demand is high due to the rapid expansion of organizations and industries. With rapid growth comes the need for experts in the areas of management who can lead the organization effectively. Therefore, management professionals like MBAs are in demand for such roles.