{"id":1094,"date":"2019-02-06T20:59:31","date_gmt":"2019-02-06T20:59:31","guid":{"rendered":"https:\/\/abound.college\/mba\/?post_type=advice&p=1094"},"modified":"2023-03-23T11:56:28","modified_gmt":"2023-03-23T11:56:28","slug":"whats-an-mba-and-what-can-i-do-with-it","status":"publish","type":"advice","link":"https:\/\/abound.college\/mba\/advice\/whats-an-mba-and-what-can-i-do-with-it\/","title":{"rendered":"What\u2019s an MBA, and What Can I Do with It?"},"content":{"rendered":"

In its essence, an MBA is a graduate degree in business. That sounds simple enough, but it\u2019s the remarkably beneficial layers woven into an MBA that draws many to reap the rewards of what many graduates refer to as the best decision of their life.<\/span><\/p>\n

A Master of Business Administration, or MBA, is one of the most flexible degrees one can receive in the United States. Not only does it fine-tune one\u2019s business and management expertise, but a Master of Business Administration is a truly dynamic tool that can be applied in any career.<\/span><\/p>\n

Robert J. Stevens earned his MBA at Columbia University, and now he\u2019s CEO at Lockheed Martin with a take-home of over $10 million per year. And Indra Nooyi, CEO of PepsiCo, obtained financial aid to attend the MBA program at Yale and is now on Fortune\u2019s list of Most Powerful Women.<\/span><\/p>\n

There are thousands of MBA programs available worldwide, each of which offers diversified timelines and areas of focus. Read on to find out more about MBA degrees and why pursuing one may be the best investment you\u2019ll ever make.<\/span><\/p>\n

Common Career Paths For those With an MBA<\/strong><\/h3>\n

If you\u2019re vying to be an entrepreneur, an MBA would be a handy accomplice on the road to your own business.<\/span><\/p>\n

But did you know that your MBA degree can also serve you in fields like sports management and healthcare?<\/span><\/p>\n

Just a few common careers for those with an MBA include the following:<\/span><\/p>\n

– \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Company Executive<\/span><\/p>\n

– \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Marketing Director<\/span><\/p>\n

– \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Financial Analyst<\/span><\/p>\n

– \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Operations Manager<\/span><\/p>\n

– \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Healthcare Administrator<\/span><\/p>\n

– \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Investment Banker<\/span><\/p>\n

– \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Product Manager<\/span><\/p>\n

– \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0Business Developer<\/span><\/p>\n

The list doesn\u2019t, of course, end here; all of the professional skills and knowledge that come with an MBA make it a priceless element in thousands of careers, even those not directly associated with the field of business.<\/span><\/p>\n

Financial Benefits of Obtaining an MBA<\/strong><\/h3>\n

One of the most attractive factors of an MBA is its potential to give you secure financial future. According to a <\/span>survey<\/span><\/a> conducted by Graduate Management Admissions Council (GMAC) in 2017, MBA graduates in the U.S. enjoyed a median starting salary of a compelling $110,000.<\/span><\/p>\n

But in some regions of focus, you can earn even more. Executive salaries can stretch far beyond a whopping $400K.<\/span><\/p>\n

An MBA provides some significant assurance for financial security. Its exhaustive curriculum is packed with information to make you qualified to lead wherever you are.<\/span><\/p>\n

Find an MBA Program that Works for You With Abound<\/a><\/strong><\/h3>\n

In order to get the most out of an MBA, you want to make sure you enroll in a program that meets your individual needs and allows you to practice your skills and connect with a network of career-boosting professionals. Our<\/span> MBA database<\/a><\/strong> is full of programs that are likely to cater to your interests\u2014check out the schools we believe in and start your path toward an excellent Master\u2019s Degree in Business Administration.<\/span><\/p>\n<\/span>","protected":false},"excerpt":{"rendered":"

A Master of Business Administration, or MBA, is one of the most flexible degrees one can receive in the United States. All of the professional skills and knowledge that come with an MBA make it a priceless element in thousands of careers, even those not directly associated with the field of business.<\/p>\n","protected":false},"featured_media":1110,"template":"","class_list":["post-1094","advice","type-advice","status-publish","has-post-thumbnail","hentry","abound_advice_topics-career-outlook","abound_advice_topics-thinking-about-grad-school"],"acf":[],"yoast_head":"\nWhat\u2019s an MBA, and What Can I Do with It? - Abound: MBA<\/title>\n<meta name=\"description\" content=\"A Master of Business Administration, or MBA, is one of the most flexible degrees one can receive in the United States. 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