If you work in the sciences, you might be shocked to know that earning the Masters of Business Administration (MBA) degree in biotechnology has many opportunities that are not academic, but rather business related. In some cases, a holder of a biotechnology MBA can work in the healthcare industry at the leading edge of the field.
What is the biotechnology MBA? This graduate level degree offers the best of both worlds: extensive study in both management and science. This degree can be completed in a variety of ways, either as a traditional master’s degree or in the evenings, weekends or even online. You can earn this degree in as little as a year or take longer earning the degree part-time. But no matter how you do it, you will have earned a respected credential—the biotechnology MBA.
Biotech MBA Salary Potential
Because we have the trifecta of a booming healthcare industry, an aging population, and a greater need for better, more accurate diagnostic equipment, the biotechnology MBA is a popular degree available. The biotech MBA not only can provide opportunities for research (much like an academic track), but may also allow graduates the chance to be leaders and managers in their field.
The graduate with a bachelor’s degree in the sciences can work in the biotechnology industry, but the promotion to management positions may take some time. While the work might be rewarding, advancement can require a lot of knowledge and experience in the industry.
However, an MBA in biotechnology is one more credential that you can add to your skill set, which may help lead you to an eventual management position and potential salary increase. Biotechnology managers can earn a comfortable income, and while working for private corporations, can also sometimes anticipate bonuses – particularly when a project succeeds.
As you can see, if you are working in the sciences, an MBA degree with a biotechnology specialty is one way you can try to further your career. A short-term investment in your graduate level education has the potential to bring some long-term salary rewards. Find the key to success in your field. Do not hesitate – get started today!