What Can I do With an MBA? | FindAMasters.com

What Can I Do With an MBA?

Written by Sarah Hastings-Woodhouse

The Master of Business Administration (MBA) is a highly prestigious qualification offering advanced training in Business and Management skills. It is known for being highly valued by employers and as a gateway to some very well respected and high-paying positions.

This guide will provide an overview of the skills you’ll gain from an MBA, typical jobs and average salaries of graduates.

What skills will I gain with an MBA?

MBA courses are generally designed for professionals with at least five years’ business experience who are looking to advance in their careers. They therefore tend to have a focus on strategy and leadership skills that are essential for more senior positions.

Some topics you might study on an MBA include:

  • Digital marketing
  • International marketing
  • Business to business (B2B) marketing

Some topics you might study on your course include:

  • Accounting
  • Managerial finance
  • Systems and operations management
  • Data analytics
  • Microeconomics and macroeconomics
  • Value chain management
  • Financial reporting and analysis

You’ll generally take a combination of core and elective modules, and your MBA will usually culminate in either an extended dissertation, strategic consulting project or internship. Your final project or internship will usually be completed alongside an industrial partner, allowing you to get the hands-on experience that will be particularly attractive to potential employers.

What job can I get with an MBA?

An MBA is one of the most reputable qualifications on the market for students interested in Business and Management, and is known for opening up high-paying senior positions in a variety of industries. You’ll gain the skills to either progress within your current company, apply for a more senior role at a new one, or use your entrepreneurial know-how to found or expand your own!

Examples of roles for MBA graduates include:

  • Assistant director
  • Founder/ CEO
  • Strategic advisor
  • Strategy consultant
  • Head of innovation
  • Chief Financial Officer (CFO)
  • Financial analyst

How employable are Business Management Masters graduates?

Official government data reveals that 83.3% of UK Business Management Masters graduates from English universities are in full-time employment or further study five years after finishing their Masters. Read more about studying an MBA in Europe.

What salary can I earn with an MBA?

Average earnings are an important consideration for anyone thinking about investing in an MBA, especially as the courses themselves tend to come with some of the highest tuition fees. We’ve taken a closer look at HMRC data for MBA graduates to see potential earnings:

  • The median earnings of a Business Management first degree graduate five years after finishing their course were £29,800.
  • The median earnings of a Business Management Masters graduate five years after finishing their course were £44,500.
  • The median earnings of MBA graduates five years after finishing their course were £70,400 per year.

So on average, those with an MBA earn over twice as much as those with an undergraduate degree in Business and Management, and 58% more than those with another postgraduate degree in the discipline.

In fact, the MBA was the highest paid qualification according to the HMRC statistics. Of course, there are lots of reasons for this, not least the fact that people studying an MBA are more likely to have several years of business experience before beginning the qualification.

Data sources

This page uses official statistics for postgraduate salaries in the UK, based on information from HMRC that measures the earnings of UK postgraduates from English universities in the 2020-21 tax year. You should be aware that historical information doesn’t guarantee future career prospects and earnings. Many other factors also play a role in determining how well someone does with a Masters.

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Last updated: 09 October 2023