Master of Business Administration Careers & Outcomes
MSUM’s MBA program is an excellent choice for working professionals who need a graduate degree to advance their career or wish to find a new job. The program welcomes entry-level and seasoned professionals, making it an interesting and knowledgeable mix of viewpoints and experiences representing a variety of organizations and industries. Data from the Financial Times 2015 Global MBA rankings show that the earlier in your career you enroll in an MBA degree, the greater the reward financially.
The variety of jobs you will be qualified for with an MBA is as varied as the kinds of jobs available. An MBA is an excellent choice for any career field. Common career options include healthcare administrator, business operations manager, management analyst, market research analyst, IT director, marketing or human resources manager, budget analyst and many more.
MSUM’s MBA program with an emphasis in Healthcare is an excellent degree program that will prepare you for high-level healthcare leadership positions. The Bureau of Labor Statistics reports that employment of medical and health services managers is projected to grow 32 percent from 2019 to 2029, much faster than the average for all occupations. Additionally, the BLS reports the median annual wage for medical and health services managers was $104,280 in May 2020. Actual salary will vary by size and type of facility, region, professional certifications, etc. Senior-level healthcare management positions may include hospital CEO or CFO, hospital administrator, hospital pharmaceutical product manager, medical practice manager, health informatics manager, among others.
Student Learning Outcomes
- Demonstrate an operational understanding of basic business disciplines including accounting, finance, marketing and management in the successful functioning of a firm.
- Demonstrate the ability to communicate effectively.
- Apply critical thinking skills to managerial decisions.
- Demonstrate strategic thinking.
MSUM MBA Graduates
MSUM MBA graduates enjoy 100 percent job placement (Class of 2016) with salaries usually starting around $55,000. MSUM MBA graduates are leaders in a variety of businesses and companies in the region. Among them: General Mills, Ottertail Power, Border States, Target, Best Buy, U.S. Bancorp, Xcel Energy, Hormel Foods, Microsoft, Sanford Health, Noridian Healthcare Solutions and Wal-Mart, as well as a variety of nonprofit and educational institutions.