Applicants interested in an MBA program should hold a bachelor's degree from an accredited university before applying. Students may choose to concentrate in one of many MBA specializations as they learn how to analyze and solve problems for organizations. Specialization areas include business administration, management, marketing, and finance. The MBA program can usually be completed on a full-time basis in about two years. For those interested in obtaining the master's degree while working, executive MBA programs offer the opportunity to earn the degree in as a little as one year by taking night and weekend classes.
Master of Business Administration (MBA)
Individuals pursuing an MBA can choose to specialize in one of a variety of areas, such as management, accounting, marketing, finance, or international business. The curriculum includes seminar courses as well as individualized courses. Seminar courses typically offer students an advanced understanding of management analysis and operations while individualized courses provide students with greater research and critical thinking skills. Some courses included include:
- Management analysis
- Organizational strategy
- Financial analysis
- Managerial economics
- Managerial communications
- Accounting analysis
Employment Outlook and Salary Info
Management analysts held about 684,470 positions in the United States in 2018, according to the U.S. Bureau of Labor Statistics (www.bls.gov). The median annual salary for management analysts in May 2018 was $83,610.
Management analysts can gain certification through organizations such as the Institute of Management Consultants USA. The institute offers the Certified Management Consultant (CMC) credential to individuals who have professional experience in the field. Applicants must also submit client reviews and pass an exam on ethics before they can gain certification.
Management analyst degree programs will focus on a variety of business-focused topics and skills that students are sure to find useful as they enter the job market. A number of interesting careers are available to students once they achieve their MBA, and even more jobs are available to those who earn voluntary certification.