Many professionals find themselves wondering if they should pursue a Master of Business Administration (MBA) degree. It is not a decision that should be taken lightly, as earning a degree can be a large investment in both time and resources, and it’s important to choose a specialization that will complement your goals and talents. The MBA is a preferred credential for many prospective students. One survey of prospective students by mba.com found that 60% were interested in earning their master’s in business administration.1
Earning an MBA can expand career opportunities and give you the confidence you need to make important business decisions. And, since many companies are interested in hiring MBA graduates, it may even lead to a higher starting salary.2
If you decide to pursue a business degree such as an MBA, you may have the option to choose a specialization. Before you choose your path, browse popular MBA specializations.
General Program
In a general program, students have the opportunity to develop critical business skills. They can take courses that open the door to strategic thinking and creative problem-solving. Students will gain a background in the basics of business and set the foundation to make the most of their graduate degree. A general program is a great fit for students who want some flexibility in their career path after finishing their program.
Healthcare Management
From the Affordable Care Act to the impact of the COVID-19 pandemic, the U.S. healthcare system has received a lot of attention in recent years. It’s an industry that is constantly changing and in need of talented healthcare managers who are trained in the planning, directing, and coordinating of health and medical services.
Human Resource Management
Do you have a passion for people management and solving workplace problems? In a human resource specialization, you can explore key practices and strategies to make the most of people management. Develop skills in hiring, managing, and leading staff¬ so you can advance and excel in this diverse field.
Project Management
When earning an MBA with a specialization in Project Management, students will develop skills in areas like planning, resource allocation, negotiation, and conflict resolution. If you’re interested in helping projects run as smoothly as possible from start to finish, a specialization in Project Management may be a great choice for you.
For those who want to customize their studies even further, a self-designed specialization allows students to choose electives from several focus areas to tailor their coursework to their personal and professional goals.
A Master of Business Administration is a valued credential in today’s competitive workforce. Employment projections for those with an MBA remain strong relative to historic trends.3 Whatever your passion or focus, an MBA degree can help you build strong skills to help you broaden your range of opportunities.
Walden University is an accredited institution offering a Master of Business Administration degree program online. Expand your career options and earn your degree using a convenient, flexible learning platform that fits your busy life.
1Source: www.gmac.com/market-intelligence-and-research/research-library/admissions-and-application-trends/2018-mbacom-prospective-students-survey-demand-for-mba-and-business-masters-programs
2Source: www.usnews.com/education/best-graduate-schools/top-business-schools/articles/mba-salary-jobs
3Source: www.gmac.com/market-intelligence-and-research/research-library/employment-outlook/business-school-hiring-report-corporate-recruiters-survey-2019
Walden University is accredited by The Higher Learning Commission, www.hlcommission.org.