For some reason, a lot of people think that MBAs are only limited to a handful of roles. But with the changing nature of the MBA, graduates are now more versatile than ever and are sought after for a variety of positions that are as diverse as the specializations the degree offers. MBAs are also in very high demand in fields such as health care and technology and are asked to fill roles that are not always directly related to finance. In this article, we’re going to look at some of the highest paying careers for MBA graduates.
Engineering Management
Engineering managers can earn over $120,000 per year on average, with some earning as much as $166,410 per year at the higher end of the spectrum. Entry-level jobs start at around $75,000.
As an engineering manager, you might be asked to:
- Direct and coordinate production
- Direct quality insurance, maintenance, and testing in industrial plants
- Oversee research and development
- Mentor, train, and hire new engineers
- Write performance reviews
- Analyze market demand
- Prepare bids, contracts, and budgets
- Lead and supervise engineers
Engineers who want to get a job as an engineering manager can either go for an engineering management master’s or an MBA geared towards engineers. One of the options for engineers who want to further their education without leaving their current position is to get their master’s degree online.
Many Universities know that Engineers are busy and can’t stop their career to go back to school so they may offer an MBA tailormade for engineers that can be completed in as little as a year online. For instance, the Kettering University program allows you to get a second degree in engineering management or operation management with as few as four courses. This is a great opportunity for any engineer wanting to move into an administrative role or go into business.
Investment Banker
Investment bankers are [Read more…] about What are the Top Paying Positions for MBA Graduates?