Some years back, a bachelor’s degree was adequate to open interview doors and land you decent opportunities. Flash forward to now; landing a lucrative job requires a higher-level certificate.
MBA degrees are among the marketable options in the fast-growing business arena. These programs arm you with skills relevant to various industries and impart relevant skills to help you venture into your businesses.
This article will highlight the types of MBA degrees you can study in 2022 and gain the upper hand in the job market.
We gauged the projected job growth and salary to help you reach an informed decision. We also engaged MBA dissertation writing services for in-depth analysis and expert opinions on various subjects.
- Accounting
An accounting MBA is a great study option as it diversifies your skillset, exposing you to multiple fields. The degree covers business strategy, auditing theory, behavioral economics, and strategic market investments.
As a result, this study program widens your finance niche opportunities by familiarizing yourself with the principles that apply to daily business operations. The Program takes between 12-18 months and can be taken together with another program in your university.
An accounting field is an excellent option as it holds a 6% job growth projection and attracts a median salary of $80,000. Additionally, an MBA in accounting features elective units specified to various fields, thus allowing you to control your career development.
Among these specializations include taxation, auditing, and financial accounting. MBA programs are also offered online and thus are convenient for employees looking to advance their careers.
- Business Administration
Like the former, business administration holds a high salary potential and comprises elective business management and leadership units. Some of the notable units tackled in this Program include change management, business negotiation, financial management, and accounting.
Taking this Program exposes you to management, consultancy, and human resource fields. These fields bear a high job growth projection and offer a diverse field of employers, making it easy to secure a job.
The course also covers market trends and industry reports allowing you to access various elements within the operation of a business.
- Data Analytics
Data analysis is an essential element when managing online marketing. An MBA in data analytics thus holds excellent potential amidst the mass move towards the online market.
This Program helps you gain math and technical skills to explore data to analyze real-world projects. The program exposes you to strategy, finance, supply chain, marketing, and data analysis concepts.
This skillset sets you up for a business intelligence analyst, financial analyst, financial advisor, and market analyst. These fields hold a high salary potential, and job growth is projected to rise steadily over the next five years.
- Finance
An MBA in finance covers market analysis, corporate investment analysis and portfolio management. These disciplines are crucial to master to increase a company’s financial health and potential.
AS such, studying MBA finance is a viable option that offers a high salary potential and a high job growth potential. The program takes one year and includes corporate and international finance units.
With a median salary of $98,535 in the USA, financial analysts are among the highest paying careers in finance. You may also opt to specialize in CPA, CFA, international finance or finance economics based on your interests.
- Human Resource
Human resource management is the soul of managing any business operations. A human resource manager should manage the skills of their company and optimally allocate individuals to increase the profit margin.
Owing to this, the demand for human resource managers is bound to rise over time. This program sets a candidate up for managerial positions and serves as a consultant. This allows them to venture into freelance, bringing about more job opportunities.
HR practitioners have a salary averaging $85000, with chief HR officers bringing in sums up to $120,000.
Final Take
The types of MBA degrees mentioned above are notable options to pursue in 2022. However, you should ensure that the degrees align with your goals and interests to manage your program better. This interest will help you find good topics to write about in your dissertation and quickly advance in your field.