(Closed) Those with MBAs…HELP!

posted 7 years ago in Career
Post # 4
Hostess
18644 posts
Honey Beekeeper
  • Wedding: June 2009

I’m having a hard time finding a job that takes my MBA into account, especially in this economy.  I’m in a starting position with the government and looking to see what else I can get into.

Post # 5
Member
1855 posts
Buzzing bee
  • Wedding: September 2012

I got my law degree and MBA at the same time, but started out of school as a business analyst in a business development department.  It was a great way to use all the MBA skills.  A little accounting/finance involved in forecasting and analyzing the health of the companies I was researching, but a lot of it was marketing/strategic ops, too.  You have to look at what differentiates that company from the competition, how it’s products/services are meeting the consumers needs, the corporate culture and management strategies, etc.  It also can involve traveling if when doing due diligence work or listening to presentations from companies.  I worked for a pharmaceutical company, so we were looking for new products (involved some science research, which was a nice challenge), companies to partner with, sources of fundraising (got to dig into our own products for presentations to other groups), and merger/buyout opportunities.

The size of the company/type of company you work for determines the corporate ladder potential.  I was in a small company/small department with in-house operations, so there was me, a supervisor, and then the CEO.  Not much climbing potential.  However, if you worked for a larger analyst firm/contract due diligence company, then you’re going to have more associate-manager-director-VP-P climbing potential.  Pay is decent, too, with bigger cities having more jobs and higher salaries.  

When looking for candidates, the most important bit is that the person have an understanding of the industry.  For example, with pharmaceuticals, you have to know about the life cycle of a product, the stages of development, the purchasing power of the consumer, the main players in the industry, and pertinent government regulations, etc.  I am sure each industry has it’s own quirks that you would want to know about before going into an interview.

I am now working as general counsel, so I’ve shifted slightly from the business side, although I still use my MBA-training frequently when deciding about corporate structures and conducting due diligence from the legal end. 

Hope this helps!

Haley

 

Post # 6
Member
181 posts
Blushing bee
  • Wedding: October 2011

I have my MBA, but my career focus has been in accounting/finance.  However, I am currently managing financial system projects and implementations…my title is Systems Manager because it involves researching new products, working with vendors/contracts, managing the projects, organization change management, communication plans, supervising business analyts, etc.

 

Good luck!

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