Career Options for Scientists with an MBA
Scientists across many different disciplines who have an MBA can find managerial positions and careers that utilize the degree. These careers vary greatly in their specific job duties, but typically combine the business knowledge of the MBA with the scientific background in a particular area. Learn about a handful of available careers for scientists with an MBA below.
|Job Title||Median Salary (2018)*||Job Growth (2018-2028)*|
|Medical and Health Services Managers||$99,730||18%|
|Computer and Information Systems Managers||$142,530||11%|
|Natural Sciences Managers||$123,860||6%|
Source: *U.S. Bureau of Labor Statistics (BLS)
Career Information about Jobs for Scientists with an MBA
Medical and Health Services Managers
Scientists in the medical field with an MBA may find a career as a medical and health services manager. These managers oversee the various activities of a particular medical facility or department, which requires them to monitor budgets, train staff members and coordinate work schedules. These managers are also responsible for ensuring compliance with all health and safety regulations and keeping detailed records of the facility's services. Education requirements may vary by facility and position, but most positions need at least a bachelor's in health or business administration, and a master's degree is often preferred or required.
Computer and Information Systems Managers
Scientists in the area of computer science may find an MBA useful in a position as a computer and information systems manager, as these managers assess the costs and benefits of projects for their organizations. They must advocate for projects that best meet the organization's information technology goals, as well as long- and short-term needs. These managers also oversee the maintenance of computer hardware and software, make sure all networks are secure and manage the activities of other information technology professionals. Many computer and information systems managers have a graduate degree, but they must have at least a bachelor's degree and work experience.
Natural Sciences Managers
Scientists in the natural sciences with an MBA may find a smooth transition into a position as a natural sciences manager. In this job, they would coordinate the activities of a team of scientists working on a particular project for a client. These managers oversee the budget and progress of projects, make sure lab and safety procedures are followed and train staff members as needed, in addition to serving as the liaison with the client. Natural sciences managers typically work as a scientist first and may hold a bachelor's, master's or doctoral degree in a natural science, as well as an MBA or other management degree.
Economists are social scientists who could benefit from having an MBA to further understand business principles and economic issues. These scientists study economic problems by examining the distribution of goods and services. They analyze market trends and other data to find possible solutions to economic issues and advise parties on different economic topics with detailed reports and tables. Economists typically need a master's or doctoral degree, but some entry-level jobs are available for those with a bachelor's degree.
Scientists with an MBA may apply their skills as a sales manager of an organization that sells scientific or technical products or services. These sales managers may use their scientific background to ensure that their sales staff knows the ins and outs of the scientific product and put their business knowledge to use while coordinating their staff, managing the budget and analyzing sales. Sales managers also figure out ways to acquire new customers, determine sales territories for their staff and address customer complaints. Sales managers usually have some sales experience and at least a bachelor's degree. Competition for these jobs through 2028 is expected to be strong, says the BLS, so applicants with an MBA may have even better chances of being hired for these managerial positions.