You probably know that it is dramatically easier to get a job if you are armed with an undergraduate degree. Therefore, it isn’t much of a leap to realize that breaching the management level requires another step in your education. Master’s degrees typically only require two additional years to complete, but they qualify you for a lifetime of higher earnings and better roles. If you crave a position as a business leader, here are nine advanced degrees you should seriously consider seeking.
1. Master of Business Administration
The MBA degree covers all bases: finance, marketing, leadership, accounting, and more. Whether you want to excel as an executive in an established corporation or build your own small business as an entrepreneur, an MBA program will help you do it. Plus, you can enroll in an online MBA program to continue working while you earn your degree, so you’ll gain both education and experience for your future.
2. Master of Science in Management
Though you might need some industry-specific knowledge and skill, being an effective manager is mostly about knowing what’s right for the staff and the organization. An MS in Management will teach you skills and strategies for managing your teams and keeping the company productive and profitable. This degree is applicable to all sectors, public, nonprofit, and private, giving you choice in your management career.
3. Master of Organizational Behavior
If you have overlapping interests in business and psychology, this degree might be attractive to you. MOB programs teach students the psychology behind common workplace situations — and the best strategies for achieving optimal outcomes. HR professionals often pursue organizational behavior degrees. A similar degree program is the MS in Organizational Leadership, which teaches similar concepts to future business leaders outside HR.
4. Master of Science in Project Management
Business leaders must often oversee several projects at one time, so having an educational foundation in project management is a substantial advantage. MS in Project Management programs will help you understand the big picture and the details of individual projects as well as give you strategies for balancing multiple projects — of varying complexity — at once. Qualified project managers are in-demand, and if you have a degree in the field, you can go far.
5. Master of Science in Strategic Communication
Communication is an important ability in life . A degree in strategic communication equips you with the specific communication skills for sharing ideas and plans in the workplace. Whether you are speaking with a superior or a subordinate, you need to be able to express yourself clearly and effectively, and an MS in Strategic Communication will prepare you for all situations.
6. Master of Science in Marketing
You can learn a bit about marketing in other business school programs, like the MBA, but if you want to pursue marketing as a career, you need a degree program that delves deep into the field. An MS in Marketing addresses past, present, and future marketing tactics, explains the best tools for achieving different goals, and explains how to stay ahead of marketing trends. Marketing is a growing industry, and having an advanced degree in the field is a smart career move.
7. Master of Accounting
You don’t have to have an undergraduate degree in accounting to pursue higher education in the field. Accounting is an extraordinarily important skill for all business leaders, and if you are considering starting your own business, you definitely need some degree of accounting experience. A MACC will teach you about economics and finance as they pertain to business.
8. Master of Science in Finance
While accounting is the science of recording and reporting transactions, finance is the art of planning a business’s distribution of assets. An MS in Finance doesn’t require much work experience for admission, but it does demand a tolerance of numbers and equations. All sorts of businesses rely on finance experts to ensure profitability and success — and you could be one of those experts.
9. Master of Computer Science
You might use tech every day at your job, but that doesn’t make you a tech expert. Businesses are coming to rely on those knowledgeable in computer science to develop apps, websites, and other digital assets. Even if you are interested in a non-tech field, tech skills are exceedingly valuable for ensuring efficiency and success.