Don't Let The Bad Economy Keep You From MBA Degree
December 5, 2008
By the My MBA Career Content Team – Find Top MBA Degree Programs
If you're considering a finance mba degree, you don't have to let the current economy derail your career goals.
This week, Stephen Holliday of Louisiana State University's Flores MBA program spoke to the Baton Rouge Business Report about ways students can tailor their studies towards fields that are in demand.
"My counterparts at other schools I talk to are extremely concerned about where their master's students are going to go. We've tried not to be in that position," Holliday told the magazine, which observed that the Flores program has diversified its mba programs.
Specifically, Holliday tells the magazine he is encouraging students to consider areas like supply chain management, internal auditing, and human resources. He adds that investment banking is not currently a field he is steering students into these days, and stresses that students must work to develop transferable skills and ways to offer their employers a competitive advantage.
Still, many mba students are taking a longer-term approach to their career strategies, preferring to ride out the current recession by positioning themselves to be more marketable in their finance careers when the economy revives.
"Enrollment in business schools has skyrocketed during every weak economic period in the last 30 years," Rutgers Business School dean Michael R. Cooper told NJ Biz last month.
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