Expanding Your Career in Business with an MBA Degree

You've worked in the business world for years, and want a new challenge. An MBA degree can enhance your present career, or lead to new career options in business.

By Karen Lawson
klawson@mba-business-schools.com
MBA-business-schools Columnist

The internet and expansion of international business opportunities have led to increasingly complex challenges in the business world. Specialization in fields from accounting to systems management calls for advanced knowledge and credentials in today’s business environments. You can enhance your career in business by earning an MBA degree.

Global Trade and Technology: Changing the Face of Business

The Bureau of Labor Statistics notes that more management positions are requiring graduate degrees due to changing influences and practices in business, including:

• global trade
• rapidly advancing technology
• changing and evolving business law and regulation
• specialization in management and finance

Many employers are seeking candidates with graduate degrees in business, accounting, or systems administration due to the impact of global trade and rapidly advancing technology on traditional business practices. The variety and complexity of knowledge required of business managers has led companies to require at least some graduate education. Through tuition reimbursement programs, employers can assist and encourage employees in continuing their education.

Specialization Possible Within MBA Programs

As business becomes increasingly complex, specialization within MBA degree programs has become popular. It’s now possible to design your MBA program with emphasis on specialties such as accounting and finance, international finance, human resources, information systems administration, and marketing. Another important option in today’s MBA program is the wide availability of MBA degrees that can be completed in sum or in part online. Generally, graduate programs require some on-campus study, but this can often be completed within a few days or over a weekend in low residency programs.

An MBA degree is a major investment in your business career. As with any significant investment, it’s important to shop carefully for an MBA degree program that matches your career and educational goals. It’s also a good idea to see if your employer can assist with all or part of your tuition costs. Finally, ensure that the program you choose is properly accredited. If you want to specialize in an area of business, an MBA degree can be a great way to get started.

Source:

Bureau of Labor Statistics

About the Author

Karen Lawson is a freelance writer with more than twenty years of business experience. She earned an MA degree in English from the University of Nevada, Reno.

Posted on July 24, 2006 at 2:48 PM

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