How to Use Your MBA Degree to Launch a New Career
Anyone who enters an MBA program with hopes that the advanced degree will be their ticket to a new career should be encouraged by these projections from the Bureau of Labor Statistics. Listed below is the percentage of growth predicted between 2010 and 2020:
- Market Research Analysts –41%
- Financial analysts –23%
- Management Analysts –27%
- Human resource managers –13%
- Advertising, promotions & marketing managers –14%
Combine these statistics with data from the Graduate Management Admissions Council’s 2013 Corporate Recruiters Survey and it’s easy to see that an MBA degree gives you the necessary skills to start a new career. According to the GMAC survey:
- Companies expect to increase the average number of new MBA hires per company from 11.4 in 2012 to a projected 14.6 in 2013
- The Northeast has the highest demand for fresh MBA talent, with 92 percent of companies planning to hire recent graduates
Yes, the demand for MBA graduates is there. However, everyone knows it takes more than just a degree to get a job so it’s important that you get to know your fellow classmates. Other students can give you an inside look at the companies where they work. And of course, these connections might turn into job leads closer to graduation. The article, Networking Tips for Online MBA Students has advice that can apply to those studying online and on-campus. Here are a few points to remember:
- Take advantage of any face-to-face meetings: Whether you study online or in the classroom, take the time to introduce yourself to your classmates and get to know them.
- Be a good team player: Most MBA programs feature team projects in which students work closely with their classmates. Online students collaborate through email, conference calls, discussion boards, etc. When working on group projects, remember how you act will leave an impression.
- Set up a professional LinkedIn account. LinkedIn is an excellent way to stay connected with classmates, alumni, professors and other business contacts. Plus, you can follow companies you are interested in and get notified when jobs are posted.
Some of the graduates from Alvernia’s MBA Program stay in the area, working in Reading, Pottsville and Philadelphia. While others put their MBA to work in other cities. Graduates are employed at Caron Treatment Centers, Carpenter Technology Corporation, First Energy, Godiva, Lockheed Martin, Merck & Co., Penske Logistics, Reading Hospital and Medical Center, St. Joseph Medical Center, Walt Disney Company and many other companies. So, the contact you need for your next job just might be sitting next to you in class.