An education in business administration, and particularly a masters in business administration (MBA), can be a gateway to a wide range of careers in the world of business and finance. Understanding how organizational structures and operations impact with bottom-line business results is essential whether you have a managerial role within a company or are working as a financial analyst deciding whether or not to invest in a company.
MBAs are a particularly important credential for chief executive officers (CEOs) in the corporate world, who are ultimately responsible for decision-making across all business activities. The willingness to make these often-difficult choices and guide companies successfully is one of the most highly valued skills in the job market; according to the Bureau of Labor Statistics, the median annual wage for chief executives was $184,460 in 2019.