Master in Business
Introduction to business
A business education offers a unique package for students as it can be used towards virtually any industry and even in starting up one’s own business. Obtaining a business degree also greatly boosts your career, by opening up opportunities for advancement and offering an unparalleled degree of job security. Some of the sub-fields of business are finance, accounting, human resources management, marketing and supply chain management. The multi-billion dollar business industry is one of the largest employers around the world, and offers endless exciting opportunities.
What is the Master of Business degree?
The Master of Business or MBA degree is an advanced, two-year long graduate degree that is offered in a variety of specializations such as economics, resource management, organizational development and strategic planning. In order to enroll in this degree, applicants must at least have a bachelor level education and two or more years of relevant work experience. The degree is designed to help students develop managerial and administrative abilities, and to lead a team under pressure in order to most efficiently achieve an organization’s targets while keeping in mind financial and operational limitations. Some of the courses included in this degree are business communications, business law, management information systems, financial management and international business.
What are the future prospects?
In these tough economic times, businesses around the world are hiring business administrators and managers to implement methods that will increase productivity and profitability. According to the Bureau of Labor Statistics, employment opportunities for business professionals will increase by more than 23% through 2018. The Master of Business degree is ideal to take advantage of this phenomenal growth rate, and obtain a top level managerial job in a private business or government organization.