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by on May 18, 2021
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A Master of Business Administration (MBA) can help lay the groundwork needed to launch or grow a own business venture, and it can also help professionals secure rewarding work in established enterprises. An MBA can be useful for jobs across industries, ranging from work with nonprofits, government and educational firms to jobs in technology, consulting, investment banking, healthcare management and sustainability.

At University of Phoenix, students can complete an MBA degree program in as little as 18 months with flexible, online coursework. Here are just some of the career industries that an MBA can help prepare you for.

Technology

Advancements in technology lead to never-ending disruption. The tech space constantly needs people with sound business strategy skills and the ability to understand business financials, manage change, market goods and services and assess risks. With an MBA, you can prepare for opportunities in tech firms from chip and hard manufacturers to SaaS (Software as a Service) companies.

Investment Banking/Financial Services

Many banks, hedge funds and financial services jobs can benefit from hiring people who have an MBA as an extra qualification. Tasks in these roles can vary from providing niche private equity services to working in corporate insurance, commercial banking or wealth management. Some find work in the finance or accounting departments of firms in specialized fields. For example, there are many as MBAs who handle the financials and accounts for charities, educational institutions and hospitals.

Consulting

Consulting firms can benefit from individuals who hold MBAs because of their quantitative, analytical and problem-solving skills. Consulting can be a great fit for someone with an MBA because these degree programs prepare individuals to holistically approach business challenges and brainstorm innovative solutions for their clients.

Entrepreneurship

Many startup businesses are launched by founders who do not have any formal business training but who do have an innovative concept. These companies sometimes recruit people with MBA degrees to help draw up business plans, handle marketing and growth, manage staffing and oversee operational tasks in finance and product strategy.

Healthcare Administration/Healthcare Management

Navigating the healthcare space in the United States as a manager or administrator requires an understanding of the rules, laws, players, policies and relationships that affect patients, their families, doctors, nurses, hospitals and insurers. An MBA in the healthcare space may work in procurement, pricing or marketing. They may also work closely with doctors and patients, auditing and improving the hospital processes that have a direct impact on outcomes.

Sustainability

Many businesses today are acutely aware of the environmental damage that business, production and manufacturing have on the environment. Companies are increasingly investing in sustainability and corporate governance initiatives aimed at lowering carbon emissions. MBAs with an interest in sustainability can work with businesses and nonprofits in related fields on projects revolving around green energy production, sustainability, community outreach and research.

In addition to the above, MBAs can also compete for opportunities in marketing, staffing, data analytics, blockchain and hospitality.

Master of Business Administration Program at University of Phoenix

During the MBA program at University of Phoenix, students learn the core principles of managing a business. Coursework also covers a wide range of other skills involved in building, growing or running a business such as:

  • Human Resource Management (HRM)
  • Accounting
  • Value creation
  • Leadership
  • Economics
  • Research
  • Operations management
  • Strategic planning

Get Started with the University of Phoenix MBA Degree Program

Students can earn an MBA at University of Phoenix online in as little as 18 months, helping them compete for a wide range of opportunities in many different industries. If you are interested in learning from experienced faculty about finance, marketing, value creation and business operations, we invite you to explore and apply to the Master of Business Administration program here.

About University of Phoenix

University of Phoenix was founded to help working adults obtain a higher education that can be useful in an ever-changing workplace. Student support from the University includes access to Career Services For Life, a flexible schedule, and the option to save on course expenses by converting work experience to course credits. Learn more by visiting https://www.phoenix.edu/.

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