The standards for business professionals are evolving as employers seek candidates who can lead well and adapt to modern challenges. Skills like collaboration and real-world problem-solving are essential, surpassing hard skills and academic achievements in relevance for hiring managers. As the world of business surges into the future, it’s becoming clear that getting hired isn’t just about having a high GPA; it’s about getting the right kind of MBA education.
While traditional MBA programs have long been the gold standard for business employers, some business schools are now evolving to better meet these needs. By focusing on the following skills before and during your MBA education, you can increase your competitive advantage in the job market.
A Master of Business Administration is a versatile, well-respected credential for aspiring business leaders. Employers seek out MBA graduates as excellent candidates for positions spanning finance, management, data analytics and more. MBA graduates also continue to experience soaring success rates after graduation. Out of 124 ranked full-time MBA programs in 2023, the average employment rate three months after graduation was almost 87%, and the average salary for MBA graduates is $125,000.
Industries such as finance, consulting, healthcare and technology seek MBA talent for their strategic thinking, analytical expertise and leadership capabilities. Whether optimizing operations, managing innovation or navigating complex regulations, MBA graduates are equipped to drive growth and lead change in dynamic environments. A more accurate question might be, what can’t you do with an MBA? The possibilities are endless.
MBA graduates are increasingly finding opportunities in high-demand roles that blend business acumen with technical insight. A few high-demand jobs for MBA graduates include (but are not limited to):
Emerging fields like artificial intelligence, sustainability and financial technology are especially rich with potential for MBA talent. As these sectors expand, they require professionals who can lead cross-functional teams, manage risk and drive growth in a rapidly evolving landscape.
Earning your MBA develops key skills and learning experiences that enable you to succeed in the workplace. Employers aren’t just looking for a credential; they want to hire forward-thinking professionals with the right experience to lead with confidence. The core competencies of an MBA graduate include:
Through opportunities for experiential learning, MBA students apply their knowledge to real-world applications through case studies, internships and capstone projects. As nearly 70% of employers expect MBA graduates to have at least four years of work experience prior to hiring, these experiences are indispensable for career success.
MBA graduates are also distinguishable by their soft skills, including problem-solving, adaptability and negotiation skills. Research overwhelmingly shows that employers are not just satisfied with MBA graduates’ academic performance, they also value their communication, interpersonal skills and management skills. But which of these skills do employers look for the most?
Based on recent research, employers prioritize the following skills and qualities when hiring MBA graduates:
Overall, hiring managers are looking for future employees who will bring critical leadership and interpersonal skills to their teams. Technical abilities haven’t lost importance, but employers increasingly seek candidates who go above and beyond business acumen and leadership theory. Developing these skills can significantly enhance your employability as an MBA graduate and your effectiveness in the workplace.
Your master’s degree is more than letters behind your name. When choosing an MBA program, search for a school that can develop your technical abilities while equipping you with key soft skills that employers look for. By developing these skills during your degree program, you will establish a foundation of success before you step into an interview.
At Knauss School of Business, our world-class MBA program is designed to prepare students for today’s evolving workforce. With a 70% employment rate at graduation and an average starting salary of $92,141, Knauss graduates launch into impactful, high-demand careers with the skills to lead effectively and communicate well. Students also have the option to pursue a STEM-designated MBA, opening doors to fast-growing fields such as data analytics, fintech and technology strategy.
Now more than ever, organizations need leaders who do business well, not just for their careers, but for their teams, communities and the world. Discover how the Knauss MBA can help you lead with purpose by downloading our MBA Career Guide.