Master of Business Administration graduates are continually in demand, and their salaries underscore their value. In 2015, starting MBA salaries for top graduates - those with the savvy, training and skills most valued by employers - were poised to break into the six-figure category, reported Fortune magazine1.
The problem for many who aspire to that status is how to break away from their demanding careers to pursue a first-rate MBA education, such as that received at the McColl School of Business at Queens University of Charlotte.
McColl graduates are highly valued largely because of the school’s dynamic business programs, which bring real-world scenarios into the classroom under the tutelage of top entrepreneurs, consultants and CEOs.
Graduates with the kinds of skills acquired at the McColl School are in demand by employers.
These skills include:
People management: Supervising and managing people are among the skills that look easy but take true finesse. Workplace conflict can result in major personnel turnover. Poor “people skills” can not only lead to turnover but other negatives ranging from personal attacks (27 percent of those surveyed by CPP, Inc., known for the Myers-Briggs Type and other assessments) to sickness and absence (25 percent), according to a recent workplace conflict report. Almost half (43 percent) of non-managers thought managers dealt poorly with conflict. Only 23 percent of managers shared the view. Training is the biggest driver for high-quality outcomes from conflict2,3,4.
Effective public speaking: Think of magnetic speakers such as President Bill Clinton, President Ronald Reagan or speaker Anthony Robbins. No matter what you think of the content of their messages, the influence they generate is undeniable. You may not ever reach such prominence, of course, but learning to speak in public will put you ahead in business. MBA students have plentiful opportunities to master the fine art of public speaking4.
Strategic perspective: MBA graduates learn skills that allow them to employ the latest in risk management planning, performance planning and project management methodologies, which business leaders tend to notice favorably. “It’s like a job promotion,” IT professional Thomas McKay told IT magazine, talking of those graduate school-acquired techniques. “You don’t get recognized for the work you’re going to do, you get recognized for the work you’ve already done5.”
Business Language Translation: Those who hold MBAs understand and interpret financial statements, marketing plans, market analyses, audit reports and business development plans. That knowledge is useful for assessing the health of your company and those of vendors with whom you might do business5.
Data analysis: Knowing how to read financial statements is key, but the real value is understanding how to analyze them. Indeed, many business insiders note that MBAs with consulting and finance expertise have advantages over their lesser-trained colleagues. That skill involves understanding how to use data to improve decision-making and strategy6.
Find out how to jumpstart your career with a highly valued MBA from McColl School of Business at Queens University of Charlotte.