MBA Level Jobs
- MBAs are required for certain professions.graduation image by timur1970 from Fotolia.com
Degrees are sought-after characteristics in the work force. Though not all professions require you to have a degree, some require that you have at the minimum a Master of Business Administration (MBA) or other graduate degree. These professions can be risky, but can bring an a substantial income. - If you wish to have a career in investment banking, you will definitely need an MBA. Investment bankers help companies and investors issue and purchase securities, manage assets and provide financial advice. Besides just having a graduate degree, an investment banker needs to have good people skills, communication skills and analytical skills. An investment banker usually works anywhere from 50 hours a week to 120 hours a week. Investment banking is considered to be a high-risk but high-reward profession. An MBA can help you develop these and other skills such as math and accounting that can prove valuable in this field.
- The hedge fund world is highly competitive. It usually takes some sort of pairing of degree and experience in order to break into the industry. Having an MBA is a good step on the right track into obtaining a position as a hedge fund manager. The next best thing to have is experience under your belt. Investment banking or sales experience is helpful. Having extra experience in a field such as investor relations or public relations will also give you a step up on other competition. Besides these, having the desire and hunger to succeed will be absolutely necessary to thrive in this type of environment with a high commission and bonus structure.
- Most private equity firms are rather small. They have flat structures, which means each firm professional must be able to contribute to the firm. It is possible to get in the door as an associate with just an MBA degree, though experience could land you a higher title. A general partner is usually the highest title and requires at least seven years of experience. To be able to succeed in this industry, you should have technical skills, interpersonal skills and analytical skills.
