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Connecticut's relatively compact size allows students to commute to most physical campuses, but many of the state's 44 degree-granting institutions offer online programs, as well. Given that over 12% of Connecticut's population holds master's degrees, graduate degrees may prove essential for candidates pursuing upper-level positions in the state.
The page below helps prospective learners make informed decisions regarding online MBA programs in Connecticut. It provides helpful information about Connecticut's growing industries, careers, and salaries so students can plan their educational paths more strategically. This page also introduces several Connecticut online MBA programs and concentrations offering industry and/or role specialization.
Careers and Salaries for MBA Graduates in Connecticut
Connecticut added more jobs in 2018 than in any other year over the past several decades, according to an article in the Hartford Courant. Many of the 26,300 jobs added in 2018 came in finance, health services, manufacturing, and transportation.
Before 2018, Connecticut wrestled with taxes, fluctuating markets, international trade, and other factors outside of state economic leaders' control. Some of the more fragile markets declined in the face of pressures from abroad. However, many of Connecticut's business leaders expect continued job growth over the next few years, propelled by a well-educated populace; a vibrant aerospace industry; and the continuing strength of sectors like healthcare, finance, tech, and insurance.
In a state where almost 40% of the workforce holds a college degree, students may benefit from an advanced degree, such as an online MBA.
Connecticut'S Top 3 Largest Employers
|Company||Location||Main Industry||Number of Employees|
|Pratt and Whitney||East Hartford||Aerospace||8,000|
|Sikorsky Aircraft Corp.||Stratford||Aircraft Manufacturing||7,000|
|General Dynamics Electric Boat||Groton||Ship Building and Repairing||6,100|
Earning an online MBA in Connecticut can prepare graduates to work for the companies mentioned in the above table. A degree with a healthcare concentration, for example, can equip them to work for the state's single largest employer. The strong decision-making and problem-solving skills imparted by an online MBA program can help professionals in all industries succeed.
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Careers for MBA Grads in Connecticut
Medical and Health Services Manager
Medical and health services managers create goals, supervise medical facilities and staff, and report to boards. These professionals make sure their facility or department runs efficiently, stays on budget, offers quality care, and complies with laws and regulations. Mental health offices is Connecticut's projected fastest-growing industry from 2018-2028, meaning medical and health services managers in Connecticut can anticipate favorable job prospects.
General MBA core courses on topics such as budgeting and communications may benefit these managers. Earning a Connecticut MBA with a concentration in health services, administration, or management provides industry-based specialization, which makes graduates more competitive job-seekers. This position earns a substantial income: $129,480 annually in Connecticut as of May 2018.
Skilled in economics, business, and financial data analysis, financial analysts guide investments and other financial decisions. Sometimes working as consultants and/or in collaboration with a team, financial analysts -- also known as investment or securities analysts -- study organizational finance data, generate reports, and advise executives. Some analysts work as researchers, studying entire industries, regions, or markets.
Financial analysts in Connecticut made a mean annual salary of $105,950 as of May 2018, according to the BLS. The U.S. Department of Labor projects that Connecticut's investment pools and funds industry will grow by 17% from 2018-2028.
Insurance underwriters conduct risk analysis and other data analysis, usually advising insurance company executives on whether to insure policy applicants. They sometimes actively identify possible customers, as well. With relevant work experience, MBA graduates with coursework or concentrations in risk management prove competitive candidates for this position. BLS data indicates that Connecticut's 2,940 insurance underwriters earned an annual salary of $85,010 as of May 2018.
As the state's healthcare industry continues to flourish, the insurance and employee benefit funds industry is projected to grow 38% between 2018 and 2028.
As their organizations' major decision-makers, top executives consult with other leaders, develop goals and plans, and represent their organizations to the public. A Connecticut online MBA in organizational leadership, management, or a related field provides ideal academic preparation for this career path. Keep in mind that top executives also need a demonstrated history of successful leadership in a particular industry.
Most organizations in Connecticut's growing industries employ chief executives and operations managers, and, according to the BLS, chief executives in Connecticut made a mean annual salary of $210,650 as of May 2018.
Connecticut's financial managers earn an annual mean salary of $167,160 -- $20,000 above the national mean salary for this position. Connecticut's financial managers work in all of the state's largest employment industries, including education, health services, and food services.
MBA Concentrations for Connecticut Students
Most management positions require relevant work experience, but completing an MBA program concentrated on a particular skill set and/or industry can advance your career. Aspiring Connecticut healthcare managers may earn an MBA concentration in healthcare management, which helps them find a place in Connecticut's booming healthcare industry.
MBAs concentrated on cross-industry skill sets such as information security or marketing could help graduates land jobs with the state's largest companies in healthcare, aerospace, energy, and other industries. Take the time to learn more about the MBA specializations available to you as you plan your education and career.
Online MBA Programs in Surrounding States
Connecticut's Online MBA Programs
See below for a sampling of Connecticut MBA programs, which should help learners make more informed application decisions by comparing concentration options, curricula, timeframes, and resources available in Connecticut online MBA programs.
The federal government only provides financial aid to students at accredited schools. Many schools and employers only respect regionally accredited schools, so prospective MBA students should consider institutional and programmatic accreditation, as well. Regarding MBA accreditation, regionally accredited schools tend to elicit more respect than nationally accredited institutions, and MBA programs at these schools more often hold programmatic accreditation from business education specialists.
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