Reasons to Earn a Strategy and Economics MBA
Those with a Master of Business Administration in Strategy and Economics use their knowledge to help companies understand the logistics and data of economics and apply that knowledge to their company's direct needs. It's a well paying position that offers the chance to participate in a global playing field in the business world.
Strategy and Economics Experts Job Outlook & Demand
Many professionals employed as Strategy and Economics experts work for the government as consultants. They help the government plan strategies based on the data and statistics gathered on unemployment, inflation or even the turbulent oil pricing. There is a need for those that have more than a simple degree in Strategy and Economics as the job rate slows for this career choice. An MBA in Strategy and Economics fulfills that need.
Salary Information for those with a Strategy and Economics MBA
Economists who are highly skilled with an MBA degree can earn a profitable wage. The average Economist earns $77,010. The pay scale ranges from a high of $136,550 down to the basic pay of $42,280 annually according to the Bureau of Labor and Statistics, www.bls.gov.
Strategy and Economics MBA Course Requirements
If you are working towards your Strategy and Economics MBA you will take classes geared towards making you marketable upon graduation. Courses will cover a variety of topics and can include:
- Business Management
- Strategies & Statistics
- Global Commerce
- Game Theory
- Computer Skills
Skills Obtained When You Earn a Strategy and Economics MBA
Those with an MBA in Strategy and Economics will be wise in global economics as well as local and national economics. They will be able to use this knowledge to provide their employer with the needed information to formulate a future business outlook. Skills include:
- Analyze current economic situations
- Forecast future sales and economic trends
- Consider current inflation and economic needs and plot a strategy for company business
- Communicate on a global level
- Work on defining government policy based on economics