What Can You Do With an MBA in Nebraska
The MBA programs Nebraska offers allow you to earn a master of business administration (MBA) degree, which you will need if you want to make your way into a supervisory position or reach the C-suites one day. Recent graduates or professionals can join a full-time traditional MBA program that takes two years to complete, or they could opt to attend an online graduate MBA program, which can more comfortably fit into the calendar of a busy professional and offer more flexibility in general. Core coursework often includes marketing, finance, accounting, business strategy, economics, ethics, and more. Also available in most Nebraska colleges, are professional MBA programs that are intended for working students as well as one-year programs, ideal for students who already possess certain degrees, have working experience, or a minor in business.
Why Consider an Online MBA?
With fast-paced economic growth taking place all over the world, including Nebraska, individuals that hold an MBA are in high demand, therefore you can expect to earn good wages once you’ve completed this degree. Almost all schools in Nebraska have an 18-month to two-year MBA program where you can attend classes full-time to obtain the 60-course credits or 600 class hours required to complete the program and receive your MBA. Moreover, online MBA programs are offered that allow you to attend classes fully online or with a combination of online and on-campus classes to get your degree. Generally, students will complete all the core business content requirements in their first year, then the final year will center on courses where they can learn about a certain area or specialization.
In addition, as a member of the Midwestern Higher Education Compact (MHEC), Nebraska is one of nine states to offer reduced tuition rates for students attending college from another state. This is done through the Midwestern Student Exchange program that could save out-of-state students anywhere from $500 to $5,000.
Another plus for attending college in The Corn Husk state is the Nebraska College Recruiting Consortium. Through these, students can access an online job board offered exclusively to 9 universities and colleges in Nebraska where they can search for current part-time, full-time, or internship employment.
Percentage of Students Enrolled By Distance Education
Typical MBA Concentrations
Concentrations allow students to gain more knowledge in a specific field while enhancing their MBA. Rather than just getting an MBA, you can go even further and get an MBA in administration, or an MBA in healthcare, business analytics, law or legal studies, business statistics, international business, and more found throughout the U.S. Adding concentrations to your college course educational plan, not only will put you ahead of your competition but will increase your chances of landing a high-level position, as employers find it impressive that you chose to go the extra mile when it wasn’t required. Some of the most common areas for specialization in Nebraska include the following.
If you choose a marketing concentration to get an MBA in marketing, you will qualify for many high-level employment positions that pay top wages and have great benefits. One of the career opportunities that this MBA can open the doors to is an advertising and promotions marketing manager. With a marketing MBA, you will be responsible for overseeing promotional campaigns for products and services, creating surveys, banner and print ads designed for the campaign, while collaborating with designers, graphic artists, and sales representatives to boost profits and gain recognition. Other positions include sales manager, market research analyst, and executive positions, just to name a few.
Some important concentrations that you might choose when earning an MBA are advanced accounting and management, tax policy, and financial management. These can be taken in combination to achieve your goals in the accounting industry.
In addition to the traditional courses required to achieve an MBA, concentrations such as business investing, global investing, personal investment advisor, IPO processing, and consumer investing can earn you an employment opportunity as a financial advisor or another prestigious executive management job working for major investment firms and top corporations around the world.
- Information Systems
This concentration can prepare you for a slate of executive management roles, network administration, security, crucial database business maintenance, information systems, and more. Those undergraduates who incorporate information systems concentrations into their MBA plan are primed for top opportunities as an Executive Manager, CTO, CIO, or other.
- Business Management / e-Business Management
The business administration program is one of the most popular concentrations among students. Business management concentrations include e-business, executive organization, business management ethics, and the like. Alumni with these concentrations can get you considered for a job as a CEO for major corporations, where you will receive top wages.
Accreditation in Nebraska
A school is accredited after voluntarily submitting to and passing an extensive review of everything from its main courses and faculty to its safety standards by a specialized accrediting outside association. Once accreditation has been established, schools can offer their students access to federal financial aid. The oldest specialized accreditor for MBAs is the Association to Advance Collegiate Schools of Business (AACSB). This association has awarded accreditation to over 700 business schools all over the globe.
Other accrediting associations include the following:
- The Association of MBA’s(AMBA)
- The Association to Advance Collegiate Schools of Business (AACSB)
- The Accreditation Council for Business Schools and Programs (ACBSP)
- The International Assembly for Collegiate Business Education (IACBE)
- The European Quality Improvement System (EQUIS)
A degree from a school that is not accredited, doesn’t appeal much to an employer, as the educational plan may be outdated or lack the training skills needed to fulfill the job duties in an ever-changing system. You should skip and school you come across that can’t prove its accreditation. Any study or learning you do in these programs may be a waste of time in terms of the offers and income you are likely to receive with the degree you earn.
Career and Job Outlook for MBA Graduates
There is no denying the economy in Nebraska is moving up. Those considering new business startups envy the marketing possibilities in Nebraska, not to mention housing and utility costs are some of the lowest in the Country and the great state has many appealing incentives that are always being updated to meet new thresholds. Thus, there are a variety of benefits that contribute to the good life in Nebraska, such as a top workforce, friendly neighbors, short commutes, academic public school systems, and there is plenty more where those came from that makes living and doing business in Nebraska desirable.
Top Employers in the State by Number of Employees
|Company||Industry||Headquarters City||Number of Employees|
|Robert Half Finance||Controller||Beatrice, NE||16,100|
|Ameritrade||Director of Finance||Omaha, NE||8,800|
|Smithfield Foods||Finance Trainee||Crete, NE||50,200|
|Conagra Brands||Planning Director||Omaha, NE||12,600|
|Interpublic Group||Credit Director||Omaha, NE||49,700|
Careers and Salaries for MBA Graduates in Nebraska
In regard to educational plans, between 2012 through 2013, more masters were awarded to graduates than any other degree. Moreover, individuals who held a master’s degree and worked in the sales, financial, or business industry, earned the most wages in that period. Also, in 2013, the average median wages annually for employees over 25 who worked full-time, was $68,000 with an MBA opposed to $56,000 earned by those who possessed a bachelor’s degree, while those holding an associate’s degree were taking home $39,000. That’s quite a big difference. Today the earnings are higher as the margins have increased over the years.
Average Degree Salary Ranges Potential
- Earnings with Associates - $41,856
- Earnings with Bachelors - $59,952
- Earnings with MBA - $78,240
Careers for Nebraska MBA Grads
Basic annual salary of $44,000 to $82,000
Primarily, Financial Analysts work behind a desk all day and often put in overtime. They are responsible for implementing cost control activities, organizing departments for efficiency, examining data sets and documents, reporting conclusions to their superiors for appropriate judgments, internal and inventory controls, standard cost setting, analyses, forecasts, and budgets. These financial experts must be able to endure high stress and be very keen while possessing critical thinking skills to compute copious amounts of information while taking on multiple projects. Although some companies may hire individuals with an associate’s degree for this position, higher paying jobs prefer that you have a bachelor’s or Master’s in finance, economics, business administration, or the like.
Private Client Advisor
Basic annual salary of $63,000 to $84,000
It is a Private Client Advisor’s (PCA’s) job to provide wealthy clients — who may have sophisticated and complex investment needs — with expert opinions and advice by delivering successful planning, depository and credit services, management of specialized assets, and other full-service financial management and investment planning strategies. It is important for a PCA to be trustworthy and knowledgeable in all phases of finance and investment services as well as adhere to and understand bank laws, policies, programs, and SEC/FINRA regulations. Thus, the PCA is mainly responsible for wealth management, and growth emphasizing on business development, both external and internal, investing assets, and broadening the scope of the client relationship.
Human Resources Director
Basic annual salary of $56,000 to $112,000
Human resource directors manage the human resource (HR) department; lead the HR team; oversee staff operations; regulate, administer, and develop company policies and procedures, such as corrective actions, maternity leave, and bereavement. They also create budgets and develop business planning fundamentals while guiding the departments' overall activities. Generally, they report to the CEO or another executive staff leader, while serving as advocates to maintain consistent and fair interactions of employees and the company, as well as ensuring the compliance of federal and state regulations and concerns, employee relations, and improving employee performance. In addition, HR directors are responsible for business planning, staff operations, hiring, training, and firing employees. HR directors must maintain strict confidentiality at all times, have strong leadership, organizational, communication skills, good judgment, and integrity. Typically, a bachelor’s degree might be sufficient for employment, however, most company’s would rather you have a master’s degree.
General Operations Manager
Basic annual salary of $55,000 to $94,000
This position requires that you work with higher management and location personnel to maintain and manage a business by ensuring the service delivery and business functions run smoothly. The general operation manager oversees the processes of delivered and shipped inventory, the cleanliness and safe maintenance of a location, and is also responsible for cash deposits and store budgets. They generally manage supervisory, personnel staff, and employees by establishing promotions, hiring, firing, implementing training programs, controlling benefits and wages, as well as maintaining safe working environments while improving company policies. General Managers’ report to corporate and regional managers and may assist them with strategies to improve the company’s future development. Because this position requires you to interact with customers and their concerns, it is important to have strong customer service and problem-solving skills.
Basic annual salary of $54,000 to $103,000
The job of a Project Manager is to direct and support a project team while overseeing specific company projects. This position requires strategic development, planning, budgeting, and resource negotiating to achieve project goals. The Project Manager is also responsible for providing problem-solving solutions, documenting, coordinating, and assigning tasks to the project team. Thus, they may also report to stakeholders on progress. If there is a senior project manager, they will report to him or her. This job will typically involve being in an office environment half the time while spending the other half doing field work managing projects. Being a project manager takes strong problem solving, organizational, communication, and leadership skills and at least a bachelor’s degree is required for employment, although having an MBA is preferred.
Digital Marketing Manager
Basic annual salary of $42,000 to $82,000
The Digital Marketing Manager will lead a team of digital marketers and utilize digital marketing techniques to develop, organize, and complete company-marketing projects, thereby raising awareness of products or services. In doing so, they must create and coordinate online campaigns and hold marketing events in all digital and social media platforms while ensuring the digital space advertising techniques and strategies used are effective and efficient to promote and deliver brand loyalty and increase sales, satisfaction, and awareness.
In order to establish positive company growth, the Digital marketing manager will manage multiple projects, oversee all phases of digital communication with clients and customers, lead website development, track growth, build and supervise strong teams between departments to collaborate effectively, and maintain up-to-date information and analytic reports for higher management. The holder of this position must possess expert knowledge of the digital marketplace, e-commerce, and reasonable understanding of internet standards and regulations. It is also necessary to have technical and SEO abilities to develop and maintain recognition of the company’s online brand. Other skills necessary to fulfill these job duties are communication, organization, and strong leadership. The digital marketing manager reports to the marketing department president. A Master’s in marketing is preferred; however, those with a bachelor’s degree may also be considered for this position.
Best MBA Programs in Nebraska
Nebraska offers a variety of options and plans for completing your MBA degree. One option allows students to complete the entire MBA program online, another is the Flex MBA program where you can attend classes both online and on-campus. The final option is to complete your courses by attending classes on campus only. And just to let you know, Nebraska is proud that the MBA online plan of Lincoln, Nebraska was ranked by the Financial Times as U.S.A’s best value for the money program in 2018.
How to Choose & FAQ's
Finding the perfect school that has a great MBA program can be quite challenging, but it doesn’t have to be. Fortunately, all you need is some basic understanding of what to look for in a degree program. Write down some important questions that you would like to know about each school, then search the internet for the answers and compare the pros and cons of each to decide which program to attend. The following five tips might help you out.
- Don’t apply to the first college you see, search around first
There are times when people get a little too anxious and will choose the first thing they see only to later find something much better when it’s too late to switch. Not that you couldn’t switch schools if you wanted to, but why bother with all the hassle when all you need to do is search around and get the full picture of what’s available before making your final decision?
- See what others who attended specific colleges have to say about the schools
Of course, when you visit a college website you are going to see nothing but good things about their programs. This is why you should not just take their word for it, but see what others have to say. Check the reviews by others who attended the school to find out what it’s really like.
- Check tuition, financing, and extra fees
It’s terrible when you think you are all paid up just to get hit with more charges. This happens much too frequently to many good people. However, you can avoid paying fees in the future just by talking to the school admission counselors and getting all the facts.
- Ensure the school is accredited
This is probably the most important rule to follow. Make sure the school is accredited by a reputable association before signing up. Keep in mind that schools can’t offer federal grants if they are not accredited and they generally don’t follow plans that have been tested against new resources and technology trends. It does not pay to be flexible on your requirement for accreditation.
- Check classes and times as well as how long it will take to get your MBA
This is a big deal if you work part-time and want to also take classes to earn your degree. Check the class schedules to ensure you will be able to attend without them interfering with your daily routine, especially your work schedule. In addition, some schools may offer a three-year program to collect your MBA, where others may offer the same training, but allow you to obtain a degree in just 2 years.