According to the 15th edition of Corporate Recruiters Survey, conducted by the Graduate Management Admission Council (GMAC), 88% of employers who were surveyed plan on hiring recent MBA graduates.
MBA degrees are a popular choice among students who wish to pursue higher education and increase their growth opportunities. MBA graduates have a plethora of employment opportunities for high paying jobs. From technology to healthcare, from finance to marketing, MBA program alumni can work in a number of fields, and build a lucrative career.
If you are an aspiring MBA student, we have some of the high-demand career choices with a great payout to explore.
Medical and Health Service Manager
Medical and Healthcare Service Managers rank number seven among all the business jobs. With the advancement in technology leading to significant innovations and developments in the healthcare sector, the complexity of running a healthcare system has also increased. Health care executives or administrators with advanced management skills are high in demand. If we go by the numbers, the job opportunities for heath care managers are likely to increase at a striking rate of 17 percent between 2014 and 2024.
Computer and Information Systems Manager
With technology becoming integral to every business’s day-to-day and core operations, the need for a competent IT professional with management skills has gone up. A computer and information systems manager is tasked with planning and managing the computer related activities of an organization,
implementation of internet and intranet sites, while constantly upgrading the software and hardware. They are also responsible for the security of networks. The job growth for this field is projected at 15 percent between 2014 and 2024.
This day and age, with the ever-evolving digital landscape it’s important for businesses to stay on top of the advances in order to remain relevant and competitive. A management consultant is a professional who provides a focused direction to a company for growth and expansion. They also help companies control costs, increase ROI, enhance workforce productivity and efficiency, and boost overall revenue. Management consultants also enable companies to adjust to changing business ecosystems and new business regulations. The field is looking at a projected growth of 14 percent between 2014 and 2024.
Investment bankers are responsible for helping organizations raise money in the capital market, and provide financial advice in the matters related to mergers and acquisitions. Companies seek individuals with strong financial and management skills for this position. The estimated annual salary of an investment banker stands at $78,480, not including bonuses and commissions. As far as growth is concerned, it is forecasted to increase by 10% between 2014 and 2024.
Marketing managers are another fast growing career opportunity for MBA students. Marketing managers are responsible for helping companies acquire new customers and expand into new markets. Their role is to work on increasing the sales and profitability of the business by exploring the current trends, and identifying new growth opportunities. An estimated 9% growth lies ahead for marketing managers from 2014 to 2024.
In this post, we have touched upon just a few fast-growing job markets for MBA opportunities. There are plenty of others that an aspiring MBA student can explore and boost his chances of landing a high paying job.