Online MBA Programs Offer Versatility
posted June 19th, 2013 by Jessica Blanchard
In today’s competitive and shifting job market, versatility is a highly desired trait in a degree. Students can help secure career success by pursuing a degree that allows them to integrate seamlessly into multiple fields after graduation. Likewise, employers value graduates of versatile programs because they feel assured those candidates can apply a broad skill set to solve multiple business problems.
Versatility During and After College
The Master of Business Administration (MBA) degree is commonly regarded as one of the most versatile degrees available. Like the Bachelor of Business Administration (BBA), an MBA allows students to customize their education through electives in areas of business that pertain to individual career goals. For example, students at King University can choose from one of four concentrations in human resource management, healthcare management, marketing or finance.
Students who elect to pursue our online MBA program not only receive a versatile degree upon completion, but also have versatility in the process of obtaining that degree. Online learning is a convenient and flexible way for working professionals to finish their degrees or go back to school. King University’s online degree programs let students learn at any place and any pace. Online students access classes around their schedules, when it’s convenient for them.
Possible Career Paths for MBA Graduates
Entry-level financial analysts must have a minimum of a bachelor’s degree. A master’s degree is required for advanced positions in the field. Financial analysts help businesses and individuals make investment decisions by assessing the performance of stocks, bonds and mutual funds, among other types of investments.
Employment rates for financial analysts are expected to grow faster than average at a rate of 23 percent by 2020. However, strong competition for these high-paying positions exists. The median salary for financial analysts in May of 2010 was $74,350. Proper credentials and a graduate degree can significantly improve an applicant’s job prospects.
Human Resources Manager
A bachelor’s degree may suffice for some human resources positions, but a master’s degree is preferred for managerial roles. Beyond academic and experiential credentials, candidates should possess strong interpersonal skills, since human resource managers oversee recruiting, interviewing and hiring of new staff. When employees have complaints or disputes, they are handled by human resources professionals. HR managers also plan, direct and coordinate the administrative functions of a business, such as company health care plans and retirement benefits.
Through 2020, employment rates for human resources managers are expected to grow by 13 percent, which is about as fast as average for all positions. Computerized systems now allow companies to handle many administrative processes with fewer workers. Candidates with a concentration in human resources management or an MBA should have the best job prospects. As of May 2010, the median annual salary for human resources managers was $99,180.
Sometimes called brand managers or marketing managers, branding specialists plan campaigns to generate interest in a given product or service. They work with other creative individuals, such as art directors and copywriters, to develop and implement advertisements, social media campaigns and other marketing collateral. Most marketing managers have a minimum of a bachelor’s degree; courses in management, finance or marketing are advantageous. Branding specialists should possess strong analytical, decision-making, interpersonal and management skills. They should also have the creativity necessary to generate exciting and innovative advertising ideas.
Competition in the advertising world can be intense due to the high pay these professionals often receive. As of May 2010, the median salary for branding specialists was $112,800. Job growth is projected at 14 percent through 2020.
Healthcare administrators may oversee specific facilities, departments or health record information. Nursing home administrators are responsible for managing staff, admissions, finances and resident care. All states require that nursing home administrators are licensed. Clinical managers head a specific department, such as nursing, surgery or maternity. They set goals and procedures for departments, evaluate staff and develop departmental budgets and reports. Health information managers maintain and secure patient records. They must stay up-to-date with new technology and laws, as well as ensure that all databases are complete, accurate and secure.
Like most careers in healthcare, administrator positions are expected to grow faster than average, at a rate of 22 percent by 2020. As of May 2010, the median annual wage for healthcare administrators in managerial positions was $91,440.
All career and salary information is courtesy of the U.S. Bureau of Labor Statistics (BLS) unless otherwise indicated.
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The King Online MBA Program
Professionals who are ready to take their business careers to the next level can do so with an online MBA from King University. The King MBA offers concentrations in human resources management, healthcare management, marketing and finance. Concentrations enable students to specialize their skillset for a particular industry or career path. King offers courses year-round in an accelerated format, so you can graduate faster and reach your career goals sooner.
King University has a reputation for academic excellence that goes beyond the classroom. Our online degree programs position graduates for an exceptional career or continued educational opportunities. More than 80 percent of King graduate survey respondents indicated they received admission to their first choice of graduate programs. Make an investment in your future with an online degree from King University.