The state of Maryland is home to around 58 accredited institutions of higher education. These institutions also rank high nation-wide in technical and professional worker percentage in the labor pool according to the Maryland Chamber of Commerce.
Johns Hopkins Carey Business School
Therefore, students who wish to acquire an MBA degree may seriously consider programs in Maryland, especially those students interested in applying for business leadership positions.
Students who apply for MBA programs in Maryland universities usually undergo a rigorous education that prepares them for executive-level and upper management positions by developing key managerial qualities. These qualities may include team building, critical thinking, ethical leadership, systems thinking and decision making. Moreover, these skills may be applied across the board to different types of businesses.
Professionals are also accommodated in Maryland’s MBA programs by offering them education that goes beyond basic business administration skills. It is understood that such professionals wish to take on added work responsibilities and require a range of specialized skills. Therefore, there are programs that tend to focus on leadership. These programs take into account different industrial and global trends, and also explain to students how to face day-to-day workplace challenges. Programs may also be interdisciplinary so that the skills acquired may be applied to different career paths.
Skills that the Maryland’s MBA graduates would acquire include:
The ability to analyze growth trends in corporations
Evaluate an organization’s multiple assets and liabilities
Identify how to lead market trends through product development and entrepreneurship
Develop new ways to measure the competition’s performance
Apply leadership qualities at every level of management
The MBA programs in Maryland aim to produce business leaders who are ethically sound as well as expertly skilled, displaying the professional acumen and managerial practicality that is expected of them.
The faculty plays a crucial role in explaining how MBA programs in Maryland may be perceived as effective. They themselves tend to be innovators and business leaders, involved in the shaping of modern business and future business practices. Therefore, students are expected to learn key networking skills through their interactions with faculty members as well.
The curricula are designed to be flexible and engaging for students. Students may have to participate in “action learning” group projects where they would apply newly acquired knowledge to real-world scenarios. These projects may involve remote meetings and presentations, and will therefore make use of current technological standards such as audio/video messaging, online workspaces and integrated multimedia in order to ensure active engagement.
Online MBA programs in Maryland are also available in both public and private institutions for the convenience of students. These programs are also designed to equip students with essential business leadership skills.
So you wish to go to a business school in Maryland for MBA! Some MBA programs may not require any prior knowledge or a background in business. However, if the program requires you to complete additional coursework, most likely you will be informed about it once you gain admission.
Therefore, in order to get that all-important acceptance letter, you may have to take into account the following factors during your application process:
Applicants will need to have a bachelor's degree from an accredited college or university. There may also be a minimum GPA requirement, which varies depending on the program’s competitiveness.
An application will need to be filed, either online or by post. Fees may apply.
You may have to gain work experience for a certain number of years (again, subject to the program’s competitiveness) in order to qualify.
MBA programs are generally number-intensive; therefore most MBA programs require applicants to demonstrate their quantitative skill set by taking a GRE/GMAT exam.
International applicants who are non-native English speakers may have to prove their language proficiency by taking a TOEFL exam.
Your earning potential would depend on your business specialty. There are various career paths to take within the business world, each with its own median salary expectations, such as the following:
Accountants and Auditors: $76,220
Public Relations Managers: $100,920
Financial Examiners: $66,260
Human Resources, Training, and Labor Relations Specialists: $70,730
Training and Development Specialists: $59,940
As of 2008, the annual salary for Maryland’s business professionals ranged from $37,550 to $113,000, as projected by the U.S. Bureau of Labor Statistics (BLS). Management professionals working statewide earned an average annual salary of $109,600, with chief executives earning substantially more.
According to the Maryland Department of Labor, state’s business professionals may experience a growth within their occupation by approximately 7% between 2008 and 2018. These growth projection figures include traditional occupations, such as accounting specialists, as well as non-traditional occupations, such as education or health care.
Working in Maryland is a definite possibility with the state’s thriving economy, employing as of 2008 as many as 142,600 people. You may work in various urban centers of the state with a master’s degree, such as Frederick, Wheaton, Baltimore, and Germantown, among others. Those living nearby such as in Washington, DC., may also find job opportunities in Maryland.