Three Industries You Didn’t Know Were Seeking MBAs

A Master of Business Administration is one of the most popular graduate degrees in the United States. According to Fortune magazine, the degree also yields a great return on investment — one of the best in the education industry. About 191,600, or 25.4 percent of all advanced degrees in the United States, were awarded in graduate business programs for the 2011-2012 school year.

While plenty of lucrative opportunities exist for MBA graduates in more traditional fields, such as finance, the flexibility of the MBA degree is increasingly valuable in other industries, as well. The following are three industries that you might not have realized have a significant demand for MBA graduates.

Sports

While many people tend not to think of business when they think of sports, the fact of the matter is that sport franchises are multi-million dollar (and in many cases, multi-billion dollar) enterprises, with branding, seven-figure contracts and extensive marketing campaigns associated with the teams, players and leagues. The sports industry is growing, as well, with an estimated $145.3 billion in growth projected from 2010 to 2015.

Business knowledge is an essential part of running almost every aspect of a sports franchise and MBAs are more highly valued in the industry now than ever before.

Health Care

The health care industry has experienced some of the most consistent growth of any industry in the United States, accounting for more than $3 trillion in spending each year. MBAs are an important part of helping to run many medical facilities, from hospitals to research institutions. In fact, about 5 percent of MBA graduates in 2014 took jobs in the health care industry, with a median salary of $120,000.

Technology

Technology is often thought of as an industry full of highly technical or creative individuals, with aggressive and disruptive startups teeming with programmers and visionaries. However, even the most inspired and society-changing technology needs to be managed within a responsible business structure that will ensure the long-term success of that business.

In addition, the technology industry is filled with some of the largest companies in the history of the world. Apple, for example, has a market capitalization that is quickly approaching $1 trillion. These companies require massive infrastructure and logistical management — something for which MBAs are particularly suited. If you have an interest in working for world-changing companies with your MBA, then the high-tech industry might be the place to go.

Opportunities for MBAs in technology are vast as well, with about 17 percent of graduates taking jobs in the industry at a median salary of $120,000 with a median signing bonus of $25,000.

Seven Tips to Rock Your Next Job Interview

The job interview is arguably the most important step towards getting a job. If you have a job interview, it means you have already passed the first round thanks to your resume and cover letter, and it is now time to show the company exactly why they must hire you. Here are seven tips to ensure you give interviewers the best impression possible.

Research the company ahead of time

With Internet access and Google available to nearly everyone in the United States, there is no excuse for not knowing about the company ahead of time. Read any articles that have been published about the company, read any content they have on their company website and social media pages, and (if they are publicly traded) look at their financial statements.

Dress for success

How you dress is the first impression you will give to your interviewer, so make sure you look your best. If you aren’t sure how you should dress, it is always better to be overdressed than underdressed.

Practice common interview questions

While most companies will ask unique questions, there are several fairly common questions that are almost always asked. A quick Google search will help you find these, and you should have prepared answers for these before going to your interview. Even if those precise questions aren’t asked, they will prepare you for other questions as well.

Ask questions that show insight

Interviewers almost always ask the interviewee if he or she has any questions. Use the research you did on the company ahead of time to ask questions that show you have insight into the company.

Get to the interview at least 30 minutes before it is scheduled to begin

Traffic delays and getting lost are just two of the ways it can take longer than expected to get to your interview. Getting there early ensures that you have time to get a glass of water, use the restroom, make sure you look sharp, and collect your thoughts before going into the interview.

Remember that you are the product

It is important to remember that you are selling yourself during the interview. Don’t be ashamed to talk about your accomplishments; those are exactly what interviewers need to hear about to know whether you are the right candidate or not.

Remember to send a thank you email

Send a thank you email within 24 hours of the interview. Not only is this common courtesy, but it will also open up a potential channel for communication that could be useful in getting this or future job opportunities.

Source

http://www.forbes.com/sites/jonyoushaei/2014/10/20/12-surprising-job-interview-tips/

http://www.quintcareers.com/job_interview_tips.html