Jobs that require an MBA

Jobs that require an MBA include business consultant, financial manager, and marketing manager. If you have an MBA, you have access to many high-paying jobs in business, finance, and other related sectors. MBA holders have several career paths to choose from in these areas and can often move up the ladder to senior-level roles. Here are ten examples of jobs that either benefit from having an MBA or require one:

1. Business Consultant

   Average Salary: $87,214

   A business consultant is a professional who works directly with business owners on developing a business plan and identifying their marketing needs. Business consultants offer business owners a wide range of services, such as supplementing existing staff, provide expertise in a specific market, and influencing other people. To increase revenue in business, business consultants should have experience success with the previous business owners. Business consultants must also have a bachelor's degree in business management and received years of field training.

2. Financial Manager

3. Marketing Manager

   Average Salary: $104,550

   Marketing managers are experienced employees who oversee the marketing department of the organization. They manage activities such as marketing campaigns, social media postings, company branding, and other strategic marketing activities. They provide strategic direction and come up with departmental goals. They also provide proper training for employees in the department to ensure that they have a deep understanding of its marketing tools. Marketing managers should be creative, should have good interpersonal skills, and should be flexible.

4. Product Manager

   Average Salary: $111,729

   A product manager is responsible for ensuring product development, providing the best marketing strategies, and effectively handling the sales and marketing team. Product managers' duties include monitoring the market trends and conditions, identifying business opportunities and plan initiatives, and collaborating the product launch process with the appropriate departments. A product manager is also responsible for generating ideas on improving product features, determining timetables and reasonable pricing, and analyzing product sales. A product manager must have excellent strategic and decision-making skills to contribute to its growth and profitability.

5. Supply Chain Manager

   Average Salary: $100,414

   A supply chain manager is an individual who takes responsibility for managing hardware, equipment, and any other logistical details of an organization. Supply chain managers work alongside the external partners for parts and raw material procurement. They make sure that global companies coordinate with their sources of goods. These professionals also assess their suppliers and negotiate corporate contracts with vendors. The skills they needed include technical understanding, project management, cost accounting skills, and business ethics.

6. Human Resources Manager

   Average Salary: $80,442

   Human resources managers, or HR managers, are responsible for the overall conduct of the different facets of human resources in the organization. They oversee the different processes involved in recruitment, compensation and benefits, talent development, organizational development, employee relations, and employee engagement. It is important that HR managers are well-versed in the different facets of HR. They set policies and procedures, as well as guiding principles of the organization related to these facets. They must be able to balance the needs of the employees and the rules of the management team. HR managers should have strong decision-making skills, interpersonal skills, and management skills.

7. Healthcare Administrator

8. Management Consultant

   Average Salary: $99,360

   A management consultant's responsibility focuses on conducting an in-depth analysis of a company or business, including its target market. Through their findings, they can devise strategies that will help the business grow and attain a significant profit. There are also instances when a management consultant must solve particular issues that will require them to investigate the problem, assess damages, identify risks, and recommend the best solutions to take. Furthermore, a management consultant must adhere to the company's vision, mission, and policies at all times.

9. Investment Banker

   Average Salary: $162,715

   An investment banker is responsible for selling and issuing securities and financial assets to the stock markets to generate money and raise capital for organizations and financial institutions. Investment bankers also work with private clients to advise them of investment options and financial transactions according to the market's condition and clients' interests. They handle the clients' investment portfolios and create propositions for acquisitions and company mergers. An investment banker must have excellent knowledge of the financial and stock industry, as well as having excellent analytical skills to review statistical data and determine the best financial strategies.

10. Operations Manager

    Average Salary: $76,894

    Operations managers are in charge of running the main business of the organization. They ensure that the business is running smoothly from an operations standpoint. They make sure that the processes in place produce the necessary output by implementing quality control measures. They also manage finances and ensure that there is enough budget to keep the operations of the business running. They also ensure that the production of goods or services is cost-efficient. Operations managers also handle people-related concerns. They are responsible for interviewing candidates, choosing the ones to hire, and ensuring that individuals assigned to operations are properly trained.