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MBA Programs in Education
While business and education aren't usually two things that you often think of going together, in reality, educational facilities need just as much management of resources, personnel, and money as a corporation. Those looking to get their MBA in education may already be working in educational administration and looking to advance or working in business and looking for a career change. Working with an MBA in this field will often provide you with the chance to streamline and improve the way educational institutions are run, saving money and time that can be used elsewhere.
The course work for an MBA in education will be very similar to that of other MBA programs at first. Basic courses will educate students on finance, business organization, management, marketing and other general business practices. Once this base has been established, students will begin taking courses that focus more on education and how they can successfully balance the needs of academic institutions with the money they have allocated. Graduates of these programs should have the knowledge to use a range of technology, manage finances, work closely with others, develop business plans and help ensure a quality educational experience that will draw more students and attention to the school. MBA programs specifically in education are still fairly new, but some schools both online and off are offering programs which can range in duration from two years to 12 months to complete.
Graduates of an MBA program in education will generally be working with schools, colleges, fund-raising groups, nonprofit educational funds, government institutions and alumni organizations to find better ways to allocate resources and meet academic goals within the possibly limited amount of resources available to them. With college enrollment enjoying a steady rise, there is plenty of room for career growth in this field as well as a certain amount of job security. With cuts in state funding affecting many universities and schools nationwide, those with an MBA in education may be well poised to not only make a mark on their own careers but within their communities and educational institutions as well. Salaries for those with this degree will vary quite widely as what each institution can pay will be quite different. On average, however, graduates can expect to bring in respectable salaries between $75-100,000.