Can an MCA graduate pursue an MS
MBA and then? - Entry-level sectors for graduates
The Master of Business Administration degree is originally a general additional training for managers who want to expand their knowledge in the areas of finance, marketing and general management. However, over the course of time, more and more programs have developed that move from generalization in knowledge transfer to specialization. As a result of this development, students do not only complete their training from a certain industry, but that people from very different areas strive for an MBA and then return to different sectors after graduation. In this context the question arises: In which sectors do MBA graduates enter?
With the change and further development of the individual MBA programs, there is also a change in the curricula and curricula. For a long period of time, commercial subjects dominated which, in the expansion of the MBA programs, coexisted with other topics. “The Center for Corporate Social Responsibility at Nottingham Business School, for example, examined 100 business schools that have signed the UN initiative“ Principles for Responsible Management Education ”. Result of the study: All the business schools examined have now integrated the topic of sustainability into their research and curricula. The Business School at the University of Technology in Sydney was the first to even set up its own professorship for sustainability. The top 3 business schools in the field of sustainability are Stanford University (USA), York University (Canada), IE University (Spain). "(O.A. 2012: firmenpresse.de)
At the same time as this development, the entry-level industries have also changed after completing a Master of Business Administration degree. In 2010, the most popular entry-level industry was the consulting industry, followed by banking and financial services (cf. Eva Flick 2010: karrieremagazin.net). The consulting sector could still be identified as the most popular entry-level industry in 2012, but IT and telecommunications follow (see above 2012: firmenpresse.de).
Most popular entry-level industries in 2014
This development was also confirmed in 2014. Linda Andres says that the IT and telecommunications sector is in a good position. “When asked which areas of application are particularly interesting for MBA graduates, there is a certain consistency: Consulting is currently the front runner, closely followed by marketing, product and project management. Corporate planning and development are also still very popular, while IT & information technology has also moved forward significantly here, analogous to the growing popularity in the entry-level industries. "(Ibid. 2013: staufenbiel-institut.de)
In this context, the following graphic shows the distribution of business school graduates in the respective industries:
(cf. Linda Andres et.al. 2013: staufenbbiel-institut.de)
The graphic shows which school discharges how many students in which sector. For example, 67 percent of ESADE Business School graduates enter the industrial sector.
In addition, there are new areas in which there are good entry opportunities after an MBA degree, namely the branches of engineering services, health care and the insurance industry.
A recent report from recruiter Morgan McKinley suggests that real job growth is not happening in investment banking, but rather in retailing with risk management skills rather than risk taking. With regard to a Master of Business Administration degree, Tony Somers, journalist for the online edition of the Financial Times, points out: "The indications are that the consultancy sector will continue to be a major hirer of top-flight MBAs." (Ibid. 2014: ft.com)
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