U.S. MBA major classification and career direction
Most of the business schools in the United States focus on the curriculum of MBA in the United States, trying to make the MBA learn the most knowledge in a short time with a successful and flexible curriculum. In a two-year college, there are usually compulsory courses in the first year, and only elective courses in the second year.
Required courses section
The required courses include most of the basic knowledge that MBA should have, aiming to build a solid foundation for MBA students. There are 10 required courses in most business schools, and they can be divided into four parts: internal or organizational environment, such as organizational behavior; external or social environment, such as macroeconomics, global business; functional courses, such as marketing, accounting, operations management; quantitative, technical aspects of courses, such as data analysis, statistics and management information systems.
In order to meet the interests and needs of different students, the Business School offers elective courses in the second year. Many students' post-graduation choices have a great deal to do with this year of education. Electives generally require a minimum of 10 courses that can be taken in other colleges or departments. The U.S. MBA faculty selection criteria emphasize both academic excellence and management experience. In order to cultivate the ideal faculty, many management schools keep close contact with the business community and encourage faculty members to engage in consulting work in enterprises frequently and discover teaching cases through fieldwork. For example, in order to make "New Ventures" more and more attractive in the society, Harvard Business School offers more courses on capital in the second year, such as Starting New Ventures and Venture Capital and Private Equity. Private Equity.
Specialized fields of study
3. Operations Management
4. International Business
8. General Management
9. Health Care Management
10. Management Information Systems
11. Human Resource Management
12. Strategic Management
13. Supply Chain Management, Logistics Accounting
Among them, General Management, Accounting and Finance are the three most popular fields for MBA applicants.
The three most popular application fields for MBA are
General Management is an MBA major direction with international trade as its main focus, and it is one of the most popular majors in all top MBA schools in Europe and America. It is led by Harvard University and represents the global marketing market, international management, and the ultimate goal of business - sustainable management. It best explains the soul of MBA.
Top MBA schools and multinational companies are constantly giving MBA students the following advice: Don't think of General Management as a purely functional area of management. In fact, it is not a functional area of expertise, but rather a lifelong career development goal. When you are trained, you will find that it covers all functional areas of economic management, and today, each of them is preceded by the word international, which gives it an international meaning and substance. Today General Management has expanded to a transnational and multicultural perspective, which is what makes it more fascinating and challenging than ever.
The American business community has always been pragmatic and understands that the laws, regulations and cultural practices of other countries are difficult to master and can never be learned by native-born Yankees. The success of Tokyo Disneyland and the failure of Disneyland Paris are typical examples. Therefore, the top MBA schools in the U.S. enroll a high percentage of foreign students every year, and these senior management intellectuals, who are introduced to the U.S. from overseas, have the opportunity to become the target of U.S. multinational enterprises once they have obtained their degrees in the U.S. These international students not only understand their own country's laws and culture, but also have received advanced management education in the United States, making them the most suitable management candidates for overseas subsidiaries.
U.S. MBA graduates can enter the accounting profession, starting as accountants (CPAs: Certified Public Accountants), or as staff members of a company's accounting department, or as financial analysts. These people are involved in the allocation of company resources, the establishment of management information systems, financial planning and control, etc. Their work can range from upstream planning and forecasting, to downstream budgeting and analysis.
Many of the larger accounting firms have their own management consulting departments based on their own financial and accounting expertise to provide consulting and management advisory services to corporate clients. This is the first choice for MBA graduates with a major in accounting when they seek employment. The work of consulting is more lively than that of financial analyst or auditor, and there are more opportunities to face people, and it is also more possible to use one's personal style of management talents. Because of its high-risk nature, the compensation is higher.
Finance" is generally regarded as a synonym for "money management". How a company uses all of its available financial resources, how it develops or evaluates investments, how it creates alternative ways of making money outside of its own industry, etc., are all within the scope of finance. Because it is directly related to "money" and is of the highest importance to business, it has always been one of the most popular areas for MBA students among all management functions. These include: commercial banking, financial management, investment banking and other directions.
The stock market has long been the main stage for investment bankers, and the world is still dominated by the stock markets of New York, London and Tokyo, where almost all multinational financial institutions or companies have their main offices. These bases select the best graduates from the top MBA Schools as new blood every year. Over time, a few of these new recruits will emerge from the fierce competition and elimination process to take on big roles. On the surface, it seems that investment bankers are the most beautiful path in the field of finance, but investment bankers have to bear the time pressure, uncertainty, crisis awareness are also the highest. This is a "high risk, high reward" industry.
According to the U.S. business school majors, the professional field of career planning can be broadly divided into the following 10 career directions, respectively.
1. Accounting: This is one of the most promising professions in the U.S. job market, and the huge demand for accounting talents often exceeds the demand. It should be said that the average salary of accounting graduates is not the highest in business schools, but once you obtain the CPA (Certified Public Accountant) qualification, the career path is quite smooth.
2. Entrepreneurship: This program was generally considered a "retreat" in business schools until the 1990s, but with the rise of high-technology in the U.S. and the deepening of the modernization and reform movement in business, the number of students enrolled in this program is increasing and the career market outlook is The career market outlook is promising.
3. Finance: Finance majors in U.S. business schools are based on strong mathematical modeling, especially in Pricing, where mathematical models are used everywhere.
4. Information Systems: Also known as Management Information Systems (MIS), the demand for MIS graduates has been relatively stable in the context of the highly computerized U.S. economy, and is not greatly affected by economic cycles. Even in the era of the bursting of the dot-com bubble, the starting salary of MIS graduates is still among the top of business school graduates.
5. International: This is an emerging major in the context of globalization, which actually covers the field of international trade and international economics studies, and mainly cultivates talents who can conduct business activities skillfully in the context of globalization.
6. Management: It is more suitable for applicants who have more career changes in enterprises, and can make up for the lack of clear career planning, and the employment channels available are also very broad due to the broader aspects of professional study. However, graduates need a period of accumulation after leaving school in order to gradually advance to senior management positions.
7. Marketing: This is the most lenient major in business schools in terms of background requirements. As long as the applicant's work experience is related to marketing activities, he or she can generally apply for the marketing direction, and the number of students enrolled in this field is often the highest in all business schools. Of course, graduates also face stiff competition for jobs.
8. Nonprofit: This program is similar to the MPA degree from the School of Public Policy Management in the U.S. The main destination for graduates is non-profit organizations, such as the United Nations and the International Monetary Fund (IMF). Because the background of applicants is mainly in government departments, public interest organizations, charities and other non-profit organizations, the enrollment of business schools is often small.
9. Production/Operations: This program requires applicants to have strong practical experience in front-line production and management, and the future career direction is mainly focused on the actual operation and production development of enterprises, so it has a strong focus, and most graduates will be engaged in the original industry before enrollment, or industries related to the original industry.
10. Supply Chain / Logistics: This program, like Finance, has a high mathematical requirement. Due to the rapid development of the e-commerce field, the job prospects for this major are always positive.