Many of us are constantly looking for ways to move up that career ladder and securing a better position with more status and a higher salary, but what is the best way to achieve this?
If you have a degree already, then why not use that and improve on it by studying for an MBA? It’s a fact that on average, people who have an MBA earn significantly more than people without one. The average starting salary is currently around US$ 120,000. Now if you think that’s impressive, work out how long it would take you to recoup the costs of studying given your new higher salary? Probably not long at all!
Perhaps you think you don’t have time to pause your career for a couple of years while you go back to college? Well, how about studying for your MBA online? You won’t need to quit your job and you can study in your spare time.
There are many universities that offer online study and many courses that you can select from. However, the International Business study is perhaps one of the best and career-wise, any investment into this type of qualification will be recouped very quickly especially if it is from an acclaimed top university. Research shows that people with this qualification move up the promotion ladder much faster than those people without the degree. This is not surprising as MBA graduates are in high demand at multi-million-dollar companies across the globe with countless job opportunities.
The areas of study and the outcome
The core areas of leadership, strategy, and economics will be studied in the first year. Year two will specialize in your chosen subject, for example, international business. Here you will study and learn specialist skills that will help you in your career in the international business environment as well as becoming familiar with some of the challenges that you will face. You will also be studying global business management which involves handling of different cultures, ethics, and different languages, helping you build up your skills and knowledge to open a new career for you in these areas.
Finally, you will be trained in “softer” skills and understanding. You will be encouraged to develop your team working skills to understand why people in organizations behave as they do and to understand about stress and what impact a stressful workforce can have on a corporation.
If you find an international business is perhaps not your thing, how about finance management? This is one of the oldest specialist disciplines of the MBA courses and is perhaps the most sought-after program across the globe. When we hear of finance, we automatically think of banking, but banking is only one small area open to graduates. In every country around the world, there are many types of business and each one of them needs to manage their finances. They all require money management to successfully run the company, the money resources, and its collection. Studying for a finance MBA you will be studying corporate finance, international finance, costing and budgeting as well as investment and securities and working capital management. With these skills, you will find job opportunities open to you in any financial organization or any top organization that requires a finance department, and that is just about all of them!
Finally, HR. Every field needs skilled HR people to manage their employees and this kind of qualification is one of the most in-demand these days. You will learn about the legal aspects of HR, the strategic and international sides to HR management, organizational behavior and industrial relations. You can get in touch with experts like smile eye surgery incase you want build a career in Ophthalmology.