Optimistic Outlook for Management Positions
The Master of Business Administration (M.B.A.) in Management program at Berkeley College was developed with input from business and industry leaders. The rigorous curriculum is taught by faculty members with years of corporate experience and helps to prepare graduates for top-level management positions in a wide range of industries.
“Graduates of M.B.A. programs are typically strategic thinkers who take an analytical approach, and they are highly sought after by companies looking to fill top management positions,” said Amy Soricelli, Berkeley College Assistant Vice President, Career Services and Alumni Relations.
With enough relevant professional experience, M.B.A. graduates may advance to positions such as computer and information systems managers, training and development managers, operations managers, financial managers, human resources managers, or business consultants. According to the U.S. Bureau of Labor Statistics, some employers prefer or require that their top managers have a Master’s degree for such positions.
The job outlook for those seeking management roles remains strong. According to the Spring 2012 Occupational Outlook Quarterly, published by the U.S. Bureau of Labor Statistics, management occupations are expected to add 615,800 new jobs, growing 7 percent, through 2020. In addition, business and financial operations occupations are projected to add 1.2 million new jobs, increasing 17 percent, through 2020. As a whole, business operations specialists – such as management analysts – are projected to have slightly faster employment growth and to add more new jobs. These statistics are national projections that may vary geographically.
Ms. Soricelli said M.B.A. graduates have a distinct advantage when it comes to climbing the corporate ladder. For example, employees with a Bachelor’s degree might need five or six years of experience to move up in management, while someone with an M.B.A. could move ahead faster in his or her career. “There’s a sense of respect that goes along with an M.B.A.,” Ms. Soricelli said. “There’s power in the connections you make with faculty members, other students, and guest speakers. Those connections can go a long way toward opening doors to career advancement.”