An MBA is one of the most versatile master’s degrees you can earn – and it’s one the business world is always looking for.
“The value (of an MBA) is immeasurable,” said Heather Staples Lavoie ’96MBA, now chief strategy officer at Geneia, an analytic solutions and services company serving the healthcare industry. “Understanding the fundamentals of the market, being trained in quantitative analysis, securing a comprehensive understanding of strategic planning and management, learning about forecasting, operations management, business law – this background has aided me in every role I have held and allowed me to take on the work of building and leading businesses.”
According to the Graduate Management Admission Council (GMAC), hiring for MBA grads remains strong: 77% of U.S. employers said in 2019 that they planned to bring on additional MBA talent at their organizations.3
“When it comes to the professional value of earning an MBA, the driving factors usually include enhanced marketability, earning potential, transferability, domain knowledge and skill sets that are essential to the business environment,” said Dr. Katie Carpen, an associate dean at SNHU who oversees several of the university’s online MBA programs.
A GMAC survey said that MBAs are most wanted for roles within consulting, energy/utilities, healthcare and technology.3 And throughout all industries, functions most sought after by employers are hires who have skills or a background in strategy/innovation, finance, marketing and business intelligence/analytics.3
A specialized MBA can help you gain a competitive edge in the workforce. In addition to the general MBA track, SNHU also offers 20 career-focused concentrations designed to help you reach your professional goals.
By honing in on an in-demand area that organizations are seeking solutions for, you have the potential to become the decision-maker for your company.