A business master’s is a significant investment, but the return on investment (ROI) pays measurable dividends. Survey has shown that business master’s graduates are more likely to earn a healthier salary premium than new bachelor’s hires.
1. Business Analyst
Business analysts are a key player in any organization. They need top analytical thinking and problem solving skills to operate data modelling practices in order to review and improve business processes, structures, and efficiencies. Strong communication skills are also essential as business analysts liaise with clients, stakeholders, and an interdisciplinary team.
2. Finance Manager
The roles and responsibilities of finance managers vary greatly. Typically, finance managers oversee end to end finance operations and ensure such operations are in line with current statutory legislation. An eye for detail and head for numbers is essential as they configure financial planning and analysis in order to provide sound financial guidance and solutions to the business for its short term and long term goals. It’s important to keep in mind that when it comes to salary, the size and location of the organization, and whether it is public or private, can all have an impact. Because the role requires specialist skills, the salary can be generous. Some finance managers earn higher salaries, while others earn a lower basic pay, but with additional bonuses.
3. Account Executive
Account executives are oriented more towards sales and marketing as they devise effective advertising campaigns that meet their client’s brief, budget and goals. Those with an MBA are likely to excel in this role with their excellent communication, negotiation, and interpersonal skills. They should also be success driven, have great commercial awareness, and be able to confidently pitch to new business and clients. According to the US Bureau of Labor Statistics, employment opportunities for advertising, promotions, and marketing managers between 2019 and 2029 are expected to grow by six percent, which is faster than the average growth rate for all occupations. It’s important to keep in mind that salaries at all levels can vary greatly depending on location and size of the agency organization.