Degree programs in strategic planning prepare students to work in various fields, including consulting, managing, and finance. Degrees with this specialization are typically offered through a Masters of Business Administration program. To enroll in these two-year degree programs, students will need to have completed a bachelor's degree with a strong GPA, provide satisfactory GMAT scores, and have professional experience in the field. Prerequisite coursework in accounting, economics, and technical writing are often required.
Master's Degree in Business Administration
After completing this program, students are prepared to manage change, develop strategies, and implement policies in order to achieve organizational objectives. These programs teach the skills necessary to work in different fields related to strategic planning, such as consulting, business managing, or financing. Core MBA courses, plus coursework that emphasizes developing a plan for and the process of implementation of such plans, are included in this program of study. Specific topics include:
- Business strategy
- Corporate diversification
- Organizational theory
- Financial management
- Organizational development
- Project management
Popular Career Options
MBA graduates have a variety of positions available to them within the business world. Common positions filled by those with strategic planning studies include:
- Business manager
- Marketing manager
- Finance officer
- Management analyst
- Business development manager
The U.S. Bureau of Labor Statistics (BLS) reported that marketing managers were expected to experience faster-than-average growth of 8% from 2018-2028. Applicants with Internet marketing skills should fare the best in this competitive field. The BLS reported that financial management jobs were projected to increase 16% from 2018-2028, which was also about average. Training and development managers could expect average growth of 8% during the same time period. Past work experience, certification and a graduate degree are typically required of these workers. Median annual wages for all management occupations was $104,240 in 2018.
Doctoral education is available in business administration, which generally maintains research and teaching emphases. However, most MBA graduates pursue further training through industry-specific conferences or on-the-job training.
MBA programs with a strategic planning concentration teach students skills and techniques to organize and manage operations in a variety of careers. Upon graduation, students are prepared to enter a competitive workforce or continue their education through several means, including doctoral programs.