How to choose the best MBA programme for your career goals
Researching the right MBA concentration can seem like a daunting task. This broad degree path has a lot of alternatives to choose from and narrowing them down takes time. Here are some tips on how to choose the best MBA programme for your career goals.
Reflect on your career goals and aspirations
This might seem like an obvious point when choosing an MBA programme but there are a number of methods to successfully accomplish this point. Reflecting on your aspirations is not the same as just choosing a career path. Setting goals makes it easier to work backward to figure out how to accomplish them.
Research different MBA programmes and their curricula
Most MBA programmes will have a programme page detailing the study content, including the different modules. You can compare these pages side by side to get a better understanding of what classes are required and how long it usually takes to complete them. Additionally, you can also see the concentration options and the courses needed to meet each degree.
Compare financial earning or different MBA concentrations
Salary is a key consideration when choosing an MBA programme. Generally, the MBA concentrations with the greatest salaries are in management, entrepreneurship, finance, marketing, international management, human resources, healthcare management, real estate and IT. Consider your career path carefully before deciding on a degree as each of these concentrations will prepare you for the workforce differently. The MBA degree at PFH university can open doors to various high-level management positions across different industries, including finance, consulting, marketing, and entrepreneurship.
Choosing a niche for a competitive edge
A niche or “a specialised segment of the market for a particular kind of product and/or service”, can give you a competitive edge in business. Naturally, there are advantages and disadvantages to narrowing your focus in a broad degree market like business administration. But if you have an idea of what you want to do with your career, then a specialised degree can better prepare you for that work and make your resume more marketable to employers. This is why deciding on a career direction first is important when choosing an MBA programme.
Converse with people in industries you are interested in joining
How can you tell whether a certain career path is the best fit for you? You ask those who are already using the tools and working successfully in positions you are interested in. More than likely, people who are working in industries you want to join have also already gone through the academic knowledge and experience required to get there. They might be able to offer advice on the which programmes to choose, what classes were most valuable for them, and what they look for when hiring.
Thanks for taking the time to read our blog post on how to choose the best MBA programme for your career goals. If you are thinking about studying abroad, take a look at our distance learning MBA programme. At PFH we make sure you receive a high-quality education that makes balancing your work and studies easier!