MBA Programs Guide: Which Degree Is Right for You?

MBA Programs Guide

MBA programs, or Master of Business Administration programs, cater to professionals working in a broad range of disciplines. At the most basic level, an MBA is a graduate degree that is awarded to someone who has mastered the study of business. The Master of Business Administration is a sought after degree because it equips students with the type of knowledge required in real-world business situations. The main reasons why students typically pursue MBA programs are because it has the potential to help them increase their salary and advance their career.

Completing an MBA program is a sound spring board for those interested in advancing to executive and senior management positions. The core courses of a general MBA program introduce students to various business disciplines, including marketing, human resources, accounting, finance, operations management, and information systems. Traditional MBAs equip students with general management skills that are relevant to all industries and sectors. Students also have the option to pursue a specialized program, but doing so is only recommended for those who have a clear idea of what they want to do with their degree in the future.

Specialized Master of Business Administration Programs

Below are several examples of specialized MBA concentrations available:

  • Accounting MBA: An accounting MBA program is ideal for aspiring business professionals who want to work in financial management, business accounting administration or other relevant career fields.
  • Biotechnology MBA: A biotechnology MBA is ideal for those who want to pursue a business career in the medical devices, pharmaceutical or health services delivery areas.
  • Entrepreneurship MBA: Entrepreneurship degrees provide training that helps individuals identify a business opportunity, establish a business, and run the business.
  • Finance MBA: Finance MBAs prepare graduates to oversee and maintain a company’s financial strategy and history.
  • Healthcare MBA: Healthcare MBAs prepare graduates for management positions in the healthcare field.
  • Human Resources MBA: MBA programs with a focus in human resources prepare graduates to work in recruitment, training, and labor relations.
  • Information Technology MBA: Information technology MBAs teach project management in a technical environment.
  • International MBA: International MBAs equip individuals to thrive in today’s exceedingly global marketplace.
  • Logistics MBA: A logistics MBA develops management skills in regards to logistics systems and the planning and delivery of logistics strategies.
  • Management MBA: MBA programs that focus on management equip individuals with the skills necessary to serve as general managers in an array of industries.
  • Marketing MBA: A marketing MBA equips graduates with the skills necessary to succeed as marketers or marketing managers in a variety of industries.
  • Operations MBA: An operations MBA prepares graduates to work as operations managers. Skills taught in this specialization include inventory management, vendor management, and purchase management.
  • Supply Chain Management MBA: Graduates of supply chain management programs are prepared to lead and oversee sourcing, procurement, conversion, and logistics management.
  • Online MBA: Online MBA programs consist of flexible distance learning courses that enable working adults with full-time jobs and/or families to pursue an MBA degree remotely.

Choosing an MBA Program

As you can see, there are many types of MBA programs and specializations from which to choose. If you’re already clear on what your career trajectory is, pursuing a specialized degree could be a great choice. Otherwise, getting a general MBA degree from a reputable school would probably help to ensure flexibility when selecting your career path. Being exploring your options, and get started with an MBA program today!