The Best MBA Majors

Having a Master of Business Administration (MBA) degree in today's competitive job market offers many advantages. Job candidates with MBAs earn more than those who do not. They're also more likely to enjoy greater professional status. The cost, however, of enrolling in a two-year, full-time MBA program can run as high as $168,000. Before investing in such an expensive degree, its useful to know some of the best MBA majors in which to specialize.
  1. Accounting

    • An Accounting MBA prepares you for a career in corporate finance, treasury, investment banking, or private equity. Accounting also assists those interested in careers in investment management, hedge funds, trading, consumer finance, as well as the government and military sectors. Accounting students often pursue a double major in Finance. The Wharton School of Business at the University of Pennsylvania, University of Chicago and Harvard Business School are some MBA programs that offer an accounting major.

    Human Resources

    • A Human Resources MBA provides an in-depth understanding of recruiting, managing and measuring performance across an organization. The development of interpersonal communication and conflict management skills are emphasized. Human resource systems and processes including change management, employee compensation and benefits are also explored. MBA schools that offer this major include Pace University, Brandeis University and NYU.

    Health Care

    • A health care major is relevant to those managing pharmaceutical and biotechnology as well as health services, government and insurance organizations. Coursework includes finance, marketing, compliance and operations within the specific context of a health care environment. Health care systems, policy and delivery are also studied. MBA programs where this major is offered include Baruch College, Harvard and George Washington University.

    Marketing

    • Majoring in marketing provides a full understanding of markets, sales campaigns, brand promotion and corporate identity. The competitive value of search engine optimization, podcasting, e-mail campaigns and pay-per-click advertising schemes are explored. Students who pursue this major prepare for positions as chief marketing officers and consultants in a wide array of industries. Colleges that offer a marketing MBA major include Fairleigh Dickinson University, Northeastern University, Duke University and University of Florida.

    Information Technology

    • An MBA with an information technology emphasis prepares you for upper-level IT management positions in a variety of settings. E-business, risk management and data security as well as operational issues related to computer networks are studied. Students learn the full spectrum of digital business technologies. The Information Management MBA degree is awarded by a number of colleges, some of which are MIT, Carnegie Mellon and Stanford.

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