The vast majority of those who earn their MBA in management find employment in the corporate sector. Some work for banks, others work in marketing and most are employed by corporations, investment and financial-oriented companies and other profit-driven organizations.
A small percentage of each year's graduating class take a path less traveled. Some MBA grads find such non-traditional career paths to be quite rewarding. Oftentimes, these positions are with non-governmental organizations (NGO) that have significantly less internal competition than traditional corporations. A common result of such an environment is increased personal satisfaction as well as the opportunity for rapid acceleration through the organization's ranks.
Let's take a look at a few examples of these non-traditional MBA jobs for Spring Arbor University grads who specialize in management.
Information Security Analyst
Businesses across the world are ramping up their information security efforts. Information security analysts help companies, nonprofit organizations and government agencies protect their data. These professionals develop and apply policies that keep information secure and thwart attempts to compromise sensitive information.
The skills MBA grads obtain while concentrating in management help them ensure the information security strategies they develop as professionals are compliant with already existing policies. These professionals are also commonly tasked with managing wide-ranging projects to ensure all data initiatives align with company policies.
In terms of compensation, the Bureau of Labor Statistics reports that information security analysts earned a median annual salary of $92,660 in 2016. More than 80,000 information security analyst jobs exist in the United States. The Bureau of Labor Statistics reports that nearly 15,000 more information security analyst positions will be added between 2014 and 2024, which represents an 18 percent growth rate.
Data analysts, sometimes referred to as operations research analysts, gather, segment and interpret important information. This data is usually quantitative in nature. Though the specifics of the position hinge on the particular industry and employer, this line of work requires an analytically minded individual.
All sorts of companies across an array of industries require such analysts. These professionals assign quantifiable values to myriad business functions and make use of statistical data to improve organizational operations.
Spring Arbor University's MBA management program develops and refines students' analytical abilities. Students are provided with the opportunity to work as a consultant with a host organization where they can analyze problems, develop solutions through extensive analysis and boost organizational efficiency. The Bureau of Labor Statistics reports that this line of work yielded a 2016 median annual salary of just under $80,000 per year.
Over 90,000 operations research analyst positions exist in the United States. The Bureau of Labor Statistics estimates an increase of 27,600 jobs in this field between 2014 and 2024.
Management analysts improve organizational efficiency and their employer's bottom line by managing others who are in management positions. Management analysts highlight organizational inefficiencies by zeroing in on the best ways to boost profits.
These individuals gather data and provide in-depth analysis to gain a thorough understanding of the organization's operations. They shape recommendations for improving operations and bolstering the profit margin. This information is presented in written reports or in the form of a presentation delivered to managers and executives.
This is an excellent example of the business administration coursework completed by Spring Arbor University MBA management students. The program's graduates have extensive experience performing such analyses and crafting detailed solutions to enhance organizational efficiency. The Bureau of Labor Statistics reports that management analysts earned a median salary of $81,330 in 2016.
Over 750,000 such jobs exist in the United States. The Bureau of Labor Statistics reports that the number of management analyst jobs will increase by 103,400 between 2014 and 2024. This represents a growth rate of 14 percent, which is much faster than the growth rate of the typical profession.
Some daring program grads take the road less traveled in the form of entrepreneurship. The Bureau of Labor Statistics reports that 15 million individuals were self-employed in 2014.
Spring Arbor University MBA management students are uniquely equipped to start their own business. They develop an intricate understanding of proven management practices that are applicable to businesses of all sizes and industries, including startup companies.
The MBA management program provides an overarching business education that arms graduates with the knowledge, skills and acumen necessary to successfully manage all aspects of a business from the ground on up. The program's students obtain an understanding of financial management, social responsibility, approaches to improve company-wide efficiency and so much more.