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4th March 2016, 02:50 PM
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Join Date: May 2012
Re: MBA science jobs

Master of business administration (MBA) programs train students in finance, accounting, strategy, human resource planning and other aspects of business management

MBA Joint degree program

Some universities offer joint degree programs:

Pennsylvania State University lets students combine an undergraduate science degree with an MBA.

Recruiters covet a science and business background

The roles for an MBA with a science background include management, consulting and stock research.

Management

With experience, a science MBA can aspire to mid- and senior-level executive jobs in private- and public-sector companies.

The managers in technology companies should have both business and scientific training because general business knowledge

A combined science and business background helps executives analyze issues, trends and operations more comprehensively.

2. Consulting

Consultants advise businesses on day-to-day operational matters and long-term strategic business planning.

An MBA with a science background can help a new biotechnology company analyze the potential market for a new drug compound.

3. Research

Investment banks, mutual funds, hedge funds and specialized research firms hire science MBAs to analyze and provide buy/sell recommendations for pharmaceutical, biotechnology, health care, environmental and other science-related stocks.

Science MBAs might be able to spot problem areas or industry trends using scientific expertise that a general financial analysis cannot detect.

Analysts who cover biotech stocks often have postgraduate degrees in the sciences, relevant industry experience and contacts in the scientific community.

4. Considerations

A science degree is not a prerequisite for a management role in science,

People with expertise in and knowledge of a particular industry can find mid-level management jobs and complete their MBAs part-time.

The intersection of science and business offers the chance to improve people's lives through cutting-edge research and constant innovation, Monica Piercy believes.


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