If you are thinking about obtaining a graduate level degree in order to advance your professional career, you may have wondered what types of MBA degrees you can select from. Below you will find an answer to this question and several others that pertain to MBA degrees.

The MBA Degree – A Brief Overview

The Master of Business Administration (MBA) is a degree program that affords the student knowledge and experience in the field of business administration. Typically, the core areas of focus in an MBA program will be finance, accounting, human resources, operations management, and marketing. Additionally, many MBA programs offer students the opportunity to select from several elective courses.

Types of MBA Degrees

There are a variety of different MBA degrees that an individual can earn, and some of them include:

• Accounting
• Business Management
• E-Business/E-Commerce
• Economics
• Entrepreneurship
• Finance
• Global Management
• Human Resources Management
• Information Systems
• Marketing
• Operations Management
• Strategic/Risk Management
• Technology Management

Selecting the Right MBA Degree Type

Once you know that you want to obtain an MBA in order to advance professionally, determining which type of MBA to pursue will be important. There are several factors you should take into consideration during this process, including the subjects about which you are passionate. Additionally, you may want to consider the job outlook for careers within the specific field that you consider pursuing. For example, individuals who opt to earn an MBA in Marketing should note that the job outlook for many careers in this sector is exceptionally high. For example, the U.S. Bureau of Labor Statistics reports that the job outlook for a market research analyst is 32%. This is much faster than the national average for all vocations.

Where Can You Earn an MBA Degree?

As with earning an education in medicine or law, the academic content you will be exposed to in a business school will not vary much from institution to institution. However, many educational experts will argue that the perceived value of an MBA degree is frequently connected to the reputation of the university from which it is issued. With this thought in mind, individuals who are thinking about earning an MBA degree may want to consider the rankings of various MBA schools. By viewing a list of the top MBA schools from US News and World Report, you may be able to select a learning institution that will provide you with a degree about which prospective employers will be enthused.

How Much Does an MBA Degree Cost?

Generally, earning an MBA degree will be a fairly expensive endeavor. In fact, costs for MBA degrees can amount to four times the average annual salary. It is important to note that tuition rates will vary based upon both the school you choose to attend as well as the program you select. Also keep in mind that financial aid (in the form of scholarships, grants, and loans) may be available to you.

Online Learning Options

When you begin the process of selecting a school from which to earn an MBA degree, be cognizant of the fact that you can choose to attain your degree by taking classes online. There are several benefits that result from attaining your education this way, and some of them can include lower costs, scheduling flexibility, and the ability to complete the program quickly.

Related Resource: MBA Internships

Conclusion

If you are thinking about obtaining an MBA degree, you should note that doing so can afford you a plethora of wonderful professional opportunities. Now that you have a basic understanding of the types of MBA degrees you can choose from, you may be ready to begin the selection process so that you can jumpstart your career.