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I have a BBA degree and thinking to go to nursing school. I know nurses have better job prospects but don't know how the job market is for MBAs and want to decide between Nursing and MBA (whichever pays more down the road).

2006-12-01 03:33:50 · 8 answers · asked by patelkush 1 in Business & Finance Careers & Employment

8 answers

It would depend a lot on the location....wages vary greatly depending on where you work.

2006-12-01 03:36:00 · answer #1 · answered by tootsie1115 3 · 0 1

As said before there are a lot of different factors into the salary range for an MBA in Finance or Accounting:

Region- Salaries will differ by region with the coastal regions having slightly higher salaries (such as NYC, LA, etc...) and more central regions offering lower. I would take a look at a salary calculator at salary.com or monster.com to get a better idea,
School Choice- depending on what school you go to, this may affect it. Typically MBA programs have alumni networks that help you receive job offers, so the better the network and school, the better the jobs and pay
Choice of Career Path- getting a MBA is just like getting a general business degree. You could go into anything from public accounting to investment banking to nonprofit management all of which have highly differing salaries

Overall, you're talking a huge range of salaries here (probably from low 30-75k and up) depending on these factors.

The job market for MBAs has strengthened a bit recently. I would suggest going to a couple of sites researching the GMAT (Graduate Management Admisisons Test) to learn more about the test and programs. I would say that MBAs won't have TOO much trouble finding jobs.

Alternatively, there are nursing programs that are focused on getting a BSN after already having another bachelor's. Generally speaking, new nurses start out at around $20/hour...but this again varies by region, hospital type and specialty. So you're talking 35-50k there. School choice doesn't really factor into the equation too much.

Also, I've included some sources below that would help you research career paths.

2006-12-01 04:43:05 · answer #2 · answered by jzelda 1 · 0 0

Out of all the business schools in the world, only about 5% are accredited by AACSB. That is a US accreditation; but many schools in Europe, Asia, and Oceania, that meet their standards are approvved too. In Europe there is the EQUIS accreditation which is good. The point I am making is I would become knowledgeable of the accreditations that the best schools have. Then I would list the priorities you feel are important to you about the school. Then pick. Schools that do not have these important accreditations often charge even more than the ones that have the accredtitaions. There are a lot of good schools in the UK without the AACSB, but if you ever wanted to teach at a University often they want AACSB. Also if you go to the AACSB website you can punch in and see all the schools that are accreditated by AACSB. Be aware....many schools are MEMBERS of AACSB but that is not the same as being accredited by AACSB. For MBA in finance, if you are a smart guy, you could choose INSEAD if you like a European school, or Duke University of the USA , or University of London, or many others. I am not the high caliber that you may be and I am looking at University of Houston or Boston University, their Metropolitan College programs. Northeastern is good, and for general MBA you could look at Open University for UK or Netherlands. Euro-MBA is now highly ranked also. Check out the University of Texas Telecampuses. They have several and each of them have different entry requirements but they all are online through the University of Texas system. If you are wanting something less stringent you could look at Florida State or University of Illinois at Chicago or Morehead State or Kennesaw State of Georgia. Good Luck.

2016-05-23 07:50:00 · answer #3 · answered by ? 4 · 0 0

The salary/remuneration for a particular job is the market value for a particular profession and designation at the city/town where the office is located. Job postings at websites like Monster, Yahoo HotJobs and Careerbuilder carry information about salaries. The Govt Dept of Labor, (www.bls.gov) Bureau of statistics has information about median salaries for different professions and details of additional compensation offered. Other online resources are salary.com and payscale. Your salary will also depend on your educational qualification and how you handle your career. More details and links to relevant websites available at http://tinyurl.com/rndxq

2006-12-01 12:26:24 · answer #4 · answered by Anonymous · 0 0

Go on Monster.com or Careerbuilder.com and use their online tools for seeing what salary to expect. A lot has to do with the region and the specific job title.

2006-12-01 03:36:14 · answer #5 · answered by Wundt 7 · 0 0

The answer depends largely on where you live.

There are tools out there that can give you some idea.

You can go to just about any employment site and find a salary calculator.

hotjobs.yahoo.com
www.monster.com

etc...

Also, check this out: http://wwv.salary.com/home/layoutscripts/homl_default.asp

2006-12-01 03:38:34 · answer #6 · answered by Michael 2 · 0 0

with an MBA you will typically get paid $40 - 55K your first job out of colege

2006-12-01 03:56:55 · answer #7 · answered by Anonymous · 0 0

Hi, My dear... first U have to apply for a job, then U will come to know how difficult it is nowadays....Happy Job Hunting.. Cheers.

2006-12-01 03:48:57 · answer #8 · answered by villager 2 · 0 2

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