Written by Mary
Madsen— writer for Bellevue University providing degrees in
healthcare management to getting your MBA. Visit Bellevue.edu for more information.
An
MBA degree provides a huge range of career options for people to consider.
There are obviously lots of things involved in determining why people with
MBA's choose the various careers they do. Three of the more popular and highest
paying occupations that an MBA helps to qualify a person for are listed below:
1.
Engineering Managers
Many people with MBA's go on to get an
advanced technical degree as well. This qualifies them to apply for some of the
highest paying MBA jobs. A great example of this would be engineering managers
that direct engineering and architecture departments.
Overseeing
technical development
Engineering managers lead their teams from
product creation to completion. They are responsible for overseeing the
technical development of products and related services while keeping a support team
organized, sustained, and in sync with the team productions goals and corporate
strategy.
Bridging the
technical and corporate worlds
Engineering managers often oversee R&D, manufacturing,
product development and design, and many other things. Engineering managers need
a well rounded educational base because they usually need to bridge two worlds,
the technical world with that of the corporate world. They need to be able to
understand and speak the language of the highly technical world and yet
understand, relate to and communicate with corporate planners and leaders.
2.Marketing
Managers
Marketing managers do lots of things and have
lots of responsibilities depending on the nature and size of the company. Most are
responsible for their firm’s marketing strategy. This involves identifying the
appropriate markets and creating demand for the products and services offered
by the company.
Pricing
strategies and new products
Often times they take an active role in
identifying the right pricing strategies and finding new markets to penetrate.
They also help in the development of new products. A good marketing manager has
a complete understanding of the target markets and what motivates the consumer
base that is in them.
Many types of
marketing managers
Large companies frequently have different
types of marketing managers:
·
Product Marketing Managers
·
Business Marketing managers
·
Branding Managers
·
Relationship Marketing Managers
·
Social Marketing Managers
3.
Chief Executive Officers (CEOs)
Chief executive officers rank as the highest
paying MBA jobs. CEOs are in charge of the overall company strategy, they oversee
all the employees and they make all major business decisions. They are
ultimately responsible for the company’s performance.
The pressure
of being responsible for performance and profitability
The CEO reports to the board of directors. Since
the CEO is responsible for all employees and for the performance and
profitability of the company, they are usually under constant pressure. A good
CEO handles pressure well, has excellent communications skills and has
expertise in the industry the company is in as well as a broad understanding of
business principles.
Great personal
and financial rewards
When CEOs don't perform as desired within a
predetermined time frame, their tenure may be abruptly ended and another candidate
is brought in who can deliver the desired objectives of the board of directors.
Nevertheless, a good CEO who gets the job done can reap great personal and
financial rewards.
If
you are getting an MBA, those are three of the occupations that should be
considered. Obviously, your personal aptitude, interests and real life
experience need to be taken into consideration. It is more important to find an
occupation that is a good fit than one that seems to be lucrative and
desirable.