A Master’s Degree in Business Administration -MBA, is an advanced degree that helps students and early professionals to advance their skills to the next level. It is an aspiring degree for finance graduates, technology professionals, entrepreneurs, business strategists, business consultants, and likewise. This degree helps the professionals to get acquainted with the knowledge and skills necessary to be the leaders in their domains.
With this degree, one can achieve highly competitive pay. While an MBA is rewarding, graduates from highly rated business schools, professionals having additional certifications, and professionals working for profit-sectors earn a greater compensation comparatively. Let’s understand the top- well-paid jobs for the specified MBA majors here.
MBA Entrepreneurship
Kevin Rose, who co-founded Digg says that one should follow the gut feelings and should not let others convince their idea is either wrong or right.
Entrepreneurship is one of the best MBA majors paving the way for high salaries. An MBA in entrepreneurship provides business competence, managerial experience, industry experience, and other skills.
Entrepreneurship learnings aid you in gaining knowledge and skills regarding business innovations, entrepreneurial thinking, business management, franchising, licensing, commercial leasing, business ethics, value investing, resource management, and exit strategies. A successful entrepreneur follows a perfect business strategy framework throughout the business lifecycle.
A few of the job titles include product manager, business development manager, chief financial officer, director of operations, and marketing director. Some of the popular companies hiring graduates in MBA entrepreneurship are Amazon Inc., The Boeing Company, International Business Machines (IBM) Corp., Johnson, and Johnson.
According to PayScale, the average pay is as follows:
• Product Manager – USD 110K
• Chief Financial Officer – USD 169K
• Marketing Manager -USD 71K
• Chief Operating Officer- USD158K
• Business Development Manager – USD 87K
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