Copyright

Jobs that Require an MBA: Career Overviews

A Master of Business Administration (MBA) degree covers advanced business topics and practices. Find out about the curricula of these programs, and learn about career options, job growth and salary info for MBA graduates.

View popular schools

Earning an MBA proves that a student understands core components of a business, from marketing to human resources. These skills are crucial for high-level positions in many businesses. Three careers that open up to MBA graduates include computer and information systems manager, financial analyst, and investment banker.

Essential Information

Individuals with a Master of Business Administration can be employed in a variety of industries, including finance, manufacturing, health care, media and technology. Jobs that require an MBA usually deal with managing assets and personnel.

Career Titles Computer and Information Systems Manager Financial Analyst Investment Banker
Education Requirements Bachelor's degree Bachelor's degree Bachelor's degree
Other Education MBA MBA MBA
Other Requirements None FINRA registration FINRA registration
Projected Job Growth (2014-2024)* 15% 12% 10% (includes all financial service sales, commodities and securities agents)
Median Salary (2015)* $131,600 $80,310 $71,550 (includes all financial service sales, commodities and securities agents)

Source: *U.S. Bureau of Labor Statistics

Find schools that offer these popular programs

  • Accounting and Bookkeeping
  • Business Economics
  • Business Finance
  • Business Management and Operations
  • Business Marketing
  • Business Support and Administrative Services
  • Entrepreneurship and Small Business Development
  • Hospitality Management
  • Human Resource Management
  • Information System Management
  • International Business
  • Sales and Merchandising
  • Specialized Sales

Career Options

Some job duties of an MBA graduate may include business planning, systems or resource analysis, client relations and consulting. Below are more specific details about three careers available to graduates of an MBA program, including computer and information systems manager, financial analyst and investment banker.

Computer and Information Systems Manager/CTO

People with an undergraduate degree in a computer-related field, combined with a technology-focused MBA, are suited to jobs in the management arena of the technology world. One example of a job title in this field is chief technology officer (CTO).

CTOs identify new technologies in order to better serve the organizations with which they work. They are the professionals in charge of determining the standards by which the organization operates. CTOs work with the financial and management side of an organization, conducting cost analyses in order to present technological and other options to fellow members of top management.

The median annual wage for computer and information systems managers was $131,600 as of May 2015; that same year, chief executives as a whole made a median annual salary of $175,100. Top executives, a field that includes chief technology officers, earn some of the highest salaries in the U.S., according to the U.S. Bureau of Labor Statistics, or BLS.

Financial Analyst

Sometimes called security analysts, portfolio managers or investment analysts, these professionals help individuals and businesses make decisions about investments. Generally, financial analysts are divided into two categories: sell-side analysts or buy-side analysts.

Financial analysts examine financial data in order to make choices about investments. They may work for insurance companies, banks, mutual funds, securities firms or other financial organizations. Their job is to keep abreast of market trends in order to buy and sell securities for their clients. They must be able to analyze expenses, sales, tax rates and commodity prices and communicate their findings to their clients.

According to the BLS, employment of financial analysts was expected to increase by 12 percent between 2014 and 2024, which is faster than the average for all jobs. The BLS also reported that the median annual wage for this field was $80,310 as of May 2015.

Investment Banker

Investment bankers function as underwriters. The BLS classifies them with 'securities, commodities and financial services sales agents.' Their job is to connect investors who provide loans at an interest to businesses needing funds. Investment bankers are key players in helping new businesses offer their stock publicly.

Investment bankers often earn large salaries and work long hours; the BLS reported that the median annual salary for securities, commodities and financial services sales agents, the larger group that includes investment bankers, was $71,550 as of May 2015. They deal with mergers and acquisitions of companies and must meet with clients. Since they act as sales agents, investment bankers must be adept at dealing with people. They often work in call centers, contacting clients and responding to requests to open accounts, provide trading services and give advice to potential investors.

According to BLS reports, securities, commodities and financial services sales agents were expected to see a 10 percent increase in employment between 2014 and 2024, which is faster than the average rate of growth for all jobs. Specifically, investment bankers' services are expected to stay in demand as the economy bounces back from the recent recession.

Financial and technology management will always be an important factor in running a business. Therefore, all three of these career paths are expected to have steady growth in job opportunity. Each requires a thorough understanding of business administration, which an MBA can provide.

Next: View Schools

What is your highest level of education?

Some College
Complete your degree or find the graduate program that's right for you.
High School Diploma
Explore schools that offer bachelor and associate degrees.
Still in High School
Earn your diploma of GED. Plan your undergraduate education.

Schools you may like:

Popular Schools

The listings below may include sponsored content but are popular choices among our users.

Find your perfect school

What is your highest level of education?