MBA in the US
Earning an MBA in the US
Are you looking to advance your career in a privately owned local business organization? Or perhaps you’re hoping to join the exciting world of international business? Either way, an MBA can empower you to gain new skills, cutting-edge knowledge and valuable experience. This graduate-level degree gives students an in-depth look into the inner-workings of commerce in companies large and small. In addition, it can prepare them to provide principled leadership and creative solutions in an ever-changing economy.
What Is an MBA?
An MBA is a Master’s in Business Administration. In the US, over 650 schools offer this type of degree, which typically takes around two years to complete. However, many MBA students have already begun careers in the business world, and continue to work as they advance their education. To accommodate these students, many universities offer classes in the evenings, on weekends, online or in concentrated blocks.
This transdisciplinary degree covers a broad array of business concepts, including finance, marketing, behavioral economics and institutional leadership. However, students will also have the opportunity to specialize, pursuing individual interests such as entrepreneurship, health care management or nonprofit administration.
The education and opportunities afforded by your MBA degree will vary depending on where you choose to study. You might aspire to an Ivy League University such as Harvard or Stanford, or choose a smaller, more regional school such as Emory University’s Goizueta Business School. Many state universities have their own MBA schools. Alternately, you might attend a private religious institution such as the LDS Brigham Young University or the Roman Catholic Villanova University. And you don’t have to choose a large school to receive a top-notch education; the Thunderbird School of Global Management in Glendale, AZ has only a few hundred students, but is ranked among the top 100 programs in the nation.
What Are the Benefits of Getting an MBA?
The students in an MBA program are often diverse, with multifaceted interests and backgrounds. The relationships you form with your peers, professors and mentors can become some of the most valuable of your career. These relationships expose students to new ways of thinking and allow them to build a network that they can draw on throughout their lives.
In many programs, students learn to work together as a team to devise, plan and pitch novel business concepts, just as they might in the real world. They may gain confidence in communicating with groups large and small and in presenting to important audiences such as investors and clients. They may also learn to read and evaluate financial information, and to make important decisions based on their conclusions.
In addition to a first rate education, many universities offer unique opportunities and experiences for their students. At Pennsylvania State University’s Smeal College of Business, participants research and experience emerging international markets firsthand as part of a required global immersion trip. The McCombs School of Business in Austin, Texas boasts the Venture Labs Investment Competition. This new-venture contest allows students to come up with innovative business ideas and present them to a panel of entrepreneurs and investors for evaluation.
What Kind of Career Can You Expect With an MBA?
Graduates with an MBA can find work in many industries, from startups to social media companies. Global leaders including US President George W Bush and Israeli Prime Minister Benajmin Netanyahu earned MBA degrees in the US. Facebook COO Sheryl Sandberg graduated from Harvard Business School, as did Hewlett-Packard President and CEO Meg Whitman. In fact, graduates from US business schools have gone on to work at top companies around the world, including:
- Goldman Sachs
- Bearing Point
- JP Morgan Chase & Co.
- McKinsey & Company
- Morgan Stanley
Not all graduates go on to lead companies and nations; MBAs can be found in every level of management in industries from transportation to biotech. Common job titles for MBA graduates include:
- Accounts Manager
- Human Resource Manager
- Supply Chain Manager
- Budget Analyst
- Financial Analyst
- Financial Officer
- Investment Banker
- Project Manager
- Information Systems Manager
- Advertising Executive
- Public Relations Specialist
- Marketing Analyst
One of the greatest attractions of an MBA is its universal applicability. Whether your interest lies in fashion, finance or deep-sea fishing, a keen understanding of business management principles can make you a valuable asset for any company.