If you’re looking for the best degrees after MBA to further expand your qualifications, deepen your expertise, and improve your career prospects, we have compiled a list of excellent options to help you achieve these goals.
MBA – Masters in Business Administration is a post-graduate degree that showcases masters in business management. The course itself gets divided into a more specific niche like Finance, Human resources, Marketing, Operations, Business analytics, and many more.
A Master of Business Administration (MBA) is a graduate degree that is focused on developing business management and leadership skills. The course further offers more specific niches such as Finance, Human resources, Marketing, Operations, Business analytics, and many more.
The degree is itself a very high and prestigious degree that represents mastery in the field, but some people want to know how they can enhance their knowledge beyond the bounds of what an MBA offers. We are here to provide some amazing and beneficial ideas that you can pursue after your MBA to increase your knowledge and qualifications and help you acquire a better package.
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Why Consider Further Education After an MBA?
Although an MBA is a very high-level qualification that provides you with a vast knowledge of business and management, there are many things you can learn to enhance your knowledge or simply get a promotion on your job.
The current market requires specialization; every company is looking for experts, managers, and others who can offer more ideas for their firm. A course after an MBA can not only help you acquire a better job position; it can also help you in a completely new field.
Best Degrees to Pursue After an MBA
PhD
Pursuing a PhD is a great option for people who want to research their field in more depth and want the world to know what they find. PhD is a Doctorate level qualification, a 2-year course where you have to give original research that you did in your field, something new you discovered, or an update on any of the previous research.
If you are interested in pursuing a research-based career or being a professor on a topic, a PhD is worth considering. You can also consider going into the consultancy business, where you provide your advice to other businesses that require your specialization.
DBA (Doctor of Business Administration)
A DBA is a more advanced and practical way of continuing your studies further. Just as a PhD is a theoretical field, where you research yourself and write your own research, a DBA is a practical matter where you use your knowledge and apply it in real-life situations, use new techniques, learn new strategies, and use your knowledge to see if they work in real life.
If you are looking to grow professionally or move to a very high position like a Senior executive, you should consider a DBA after an MBA. The teachings of DBA help you solve complicated real-life situations that can also be applicable to people in positions like CEO or CSO (Chief Strategy Officer)
Master’s Degrees
A second masters after your MBA can be a great way to increase your knowledge of the field. Fields like technology, economics, and law are great to pair with a business degree like an MBA.
Some of the best options would be a Master’s in Data Science, AI, International Relations, or Law. A second master’s degree not only helps you increase your knowledge but also helps you specialize in a different branch or grow in the corporate world. For example, an MBA with LAw can be great for growing to the director level in HR.
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Certifications to Explore After an MBA
Some certifications are a great way to boost your knowledge and help you boost your career in the even deeper analytical field. Here are some of the best courses you can pursue after an MBA:
- CFA (Chartered Financial Analyst): A CFA is a very good course if you are looking to go into investment banking. The main focus of this course includes investment management, financial analysis, and portfolio management. MBA students can use this certification to acquire better roles in the investment finance industry.
- PMP (Project Management Professional): This is a globally recognized certificate for project management professionals. The course includes things like methodologies, tools, and techniques to manage projects effectively. It is a perfect course for MBA graduates who opt for operations and are looking to enhance their careers further.
- Six Sigma: Six Sigma is another operational course that teaches how to enhance processes, minimize risks, and increase working efficiency in the organization. The Six Sigma training levels (Yellow Belt, Green Belt, Black Belt, and Master Black Belt) teach statistical tools and techniques for process improvement.
- SAP (Systems, Applications, and Products): SAP is among the most sought-after courses on the market today due to the excellent pay that it can provide. SAP is a course in software that concentrates on enterprise resource planning (ERP) systems. ERP systems are the core of businesses. They aid businesses in running their business, managing their data, and keeping the company running smoothly.
SAP offers specialized courses so you can pick the field you wish to develop further, for example, Finance (SAP Financial Institutions), Human Resources (SAP HCM) and Supply Chain (SAP SCM). If you’re interested in jobs such as ERP implementation or IT consulting process automation, SAP can be an excellent way to get started.
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Frequently Asked Questions (FAQs)
What are the best degrees after MBA?
PhD, DBA, or a second master’s in fields like the economy, tech, data science, or AI are some of the best degrees to get after an MBA.
Which specialization is best after an MBA?
Analytics, Finance, or leadership can be a great specialization to study after your MBA.
What is the highest-paying job after an MBA?
Investment Banker, Chief Executive Officer (CEO), and Strategy Consultant are some of the highest-paying jobs one can get after an MBA.
Final Statement
If you are looking to further enhance your knowledge after an MBA, the mentioned 7 degrees and courses are some of the most sought-after and Best Degrees After an MBA. Degrees like PhD, DBA, or a second degree offer you the ability to increase your knowledge, use your knowledge in the practical market, and even increase your knowledge of different fields that are related to your primary specialization.
Even some courses like Six Sigma, SAP, CFA, and PMP can enhance your professional efficiency, provide you with better strategies, and give you entry to higher, advanced and high-paying jobs.