The labor market has always been a tough environment, and it’s becoming more so as time goes on. Candidates must stand out from the crowd in order to compete for the best jobs and salaries. Nowadays, an undergraduate degree may not be sufficient, and it can be difficult to obtain the necessary work experience. To gain an advantage in this environment, more and more people are turning towards postgraduate studies. But is the time and money worth your investment?
Specialized jobs require specific skills and knowledge. Professional areas such as operations management, strategic management, or project management involve adaptability and innovation. A master’s in management can build the foundations for success. There is an emphasis on promoting critical thinking and entrepreneurial skills, which allow students to adapt to the constantly evolving world of business, and enable them to pursue a career in C-Level Management.
Government statistics suggest that obtaining a postgraduate degree is linked to improved career prospects and a higher salary. Employers are increasingly factoring in higher-level studies when hiring, however, merely having the degree listed on your resume may not be enough.
You need to know how the skills you have learned can be applied in your prospective employment area. Understanding how to communicate the value of your degree, and being careful in choosing your career options after graduating are important to maximize the value of your master’s in management.
Communicating the value of your degree
Employers will take your postgraduate degree into consideration, however, it is vital that you highlight why it makes you a better candidate for the job.
Your CV should emphasize the skills and abilities you have learned, but you must also present yourself just as well in interviews. Completing a master’s program will make you an attractive candidate, as you will have engaged with more challenging questions and materials than are typically studied at the undergraduate level. In this sense, “selling” the importance of your degree is a relatively straightforward task.
Here are some pointers on showcasing your skills:
● Transferable Skills: All postgraduate degrees help students to gain key management skills which are often transferable. By studying a master’s in management, you will gain valuable knowledge regarding HR management, developing business models, and negotiation skills.
● Additional Training: When studying for a master’s in management, you will often undertake an extensive amount of training modules. These could range from managing a start-up, marketing, or developing customer-driven strategies. This extra training exposes you to a comprehensive set of challenges that make you an attractive asset for any business or organization.
● Internships: A master’s in management sometimes requires students to complete an internship. Students can be trusted with high-intensity roles that an undergraduate would have to work towards. It is key that you emphasize the importance of your internship and how it correlates with the job to which you’re applying.
● Extracurricular Activities: As a postgraduate student, you are encouraged to help your peers with university projects, help mentor an undergraduate student, or participate in charity work. These activities help to distinguish yourself from other candidates.
What are the potential career options after graduating?
In today’s big business, employees are expected to be flexible, innovative and have an international mindset. Having a master’s in management offers you a plethora of transferable business skills that can be used across numerous sectors and positions.
Here are some potential roles that may interest graduates of this master’s degree:
● Finance Manager: you are responsible for maintaining the company’s books and records. You work closely with financial institutions, and relay important financial details relating to the company to the board of directors and shareholders. You are also in charge of cash-flow monitoring and optimizing financial performance.
● Marketing Strategist: you oversee implementing marketing strategies that focus on a company’s resources to maximize sales and sustain a competitive edge. You possess knowledge of SEO and SEM processes. You need excellent communication, presentation, and organizational skills to work in this area.
● Management Consultant: you specialize in a certain discipline to help companies and organizations develop specific skills. You help to improve their business performance, maximize growth, and expand their client portfolio. Cost and risk analysis are vital to this role, and it is necessary to be up to date with all the latest industry trends.
● Operations Officer: you are responsible for the administrative functions of the business, as well as ensuring that contracts and reports are up to date with company policies. As an operations officer you will recommend operational improvements, implementing procedures that comply with regulations
● Performance Consultant: you are in charge of enhancing the company’s employee performance. You will work with organizations and offer them analysis on how to increase company productivity. To produce optimal employee results, you will design training interventions, monitor success, and make data-informed revisions to the interventions as needed.
● Public Sector Manager: you are focused on managing governmental organizations and NGOs. While ownership differs, public and private sector organizations can share similar management methods, and so many of the skills learned can be easily transferred form one role to another.
Why choose EU Business School’s Master in Management degree?
Innovative leaders are required to tackle the ever increasing political, economic, social and technological changes happening across the globe. Our program educates and communicates what it takes to be a successful leader in the 21st century, and students will develop an extensive set of skills.
During the course you will study the impact of political, economic, and sociocultural environments, and how to best manage them. Looking at business from the perspective of both client and company, you will gain a wide understanding of organizations and companies. You will also learn essential skills such as marketing management, in order to manage people and make strategic plans.
You can study for a Master in Management at any one of our Barcelona, Geneva or Munich campuses and take a deep dive into Europe’s unique business scene. You can also take classes online if you prefer.