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The U.S. Bureau of Labor Statistics (BLS) reports that Nevada employed more than 63,000 managers across all industries in 2018. An online MBA program in Nevada prepares individuals to advance to these leadership positions.
Forecasters expect that manufacturing, engineering, and information technology occupations will experience the fastest rate of growth in Nevada through 2026. As those industries continue to thrive, the BLS projects that the need for managers and executives will remain high. Projections for Nevada, home to major employers in the hospitality, public service, and healthcare industries, also indicate expected growth for general and operations managers to 2026.
In Nevada, 92% of distance learners completed coursework through in-state institutions in 2017. With less than 6% of the population in Nevada holding a master's degree, an online MBA can provide a competitive advantage in hiring for Nevada residents. Students who choose a flexible, convenient online degree in Nevada gain access to more than 25 in-state institutions.
Careers and Salaries for MBA Graduates in Nevada
Nevada is primed to grow faster than most states after the Great Recession. Low property costs and a central location have made it popular for careers in manufacturing and logistics, a growing field that requires college-educated employees. These centers of industry typically maintain operations near major cities like Las Vegas, Henderson, and Reno.
Another sizable industry in Nevada is mining. Professionals in the mining industry earn high average salaries, starting at $83,000. Mines are often located in remote rural areas, and employees must sometimes commute long distances to work.
Some of the fastest-growing jobs in Nevada include operations managers, accountants, management analysts, and other management positions. These positions require at least a bachelor's degree, although employers often prefer to hire candidates with an MBA.
Nevada was hit hard by the Great Recession, but employment numbers are back on track, home prices continue to increase, and wage growth continues. Nevada offers a smart short- and long-term location for MBA graduates. The table below lists a few of the state's largest employers.
|Company||Location||Main Industry||Number of Employees|
|Nellis Air Force Base||Nellis AFB||National Security||12,889|
|Las Vegas Metropolitan Police||Las Vegas||Police Protection||7,000|
|Flamingo Las Vegas Hotel Casino||Las Vegas||Hospitality||6,000|
Source: Career One Stop
Organizations of all sizes require administrative professionals. By earning an online MBA in Nevada, students can qualify for management careers. Even without insider connections, skilled labor and graduates with business know-how remain in high demand. For example, Las Vegas' booming hotel and casino industry employs MBA graduates to explore new strategies for attracting tourists. Employers also seek candidates with organizational and leadership skills for other industries with large employee bases, such as military organizations or mining companies.
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Careers for MBA Grads in Nevada
Project managers work in organizations of all sizes, serving as team leaders. They oversee budgets, staff, and resources for specific projects, coordinating strategies and timelines with executives and employees alike. Project managers need strong leadership and communication skills with acumen in problem-solving and decision-making.
In Nevada, project managers may work for top employers in the hospitality, public service, and healthcare industries. Throughout the state, the BLS reports that managerial professionals earned annual mean wages of $114,010 as of May 2018, with the highest median salaries offered in Carson City, Las Vegas, and Reno.
Merchandise planners combine expertise in finance, promotions, and marketing to develop strategies for maximum profitability. Their job duties include assessment of purchasing trends, monitoring of inventory flow, and sales reporting. They function as intermediaries between executives and buying professionals, working closely with purchasing managers and materials directors.
Merchandise managers need organizational and communication skills to interact with vendors, partners, and clients. In Nevada, a merchandise manager can work in one of the many casinos and hotels in the state. With retail occupations as the largest occupation in Nevada as of 2016, merchandise managers remain in demand.
Pricing managers focus on budgeting and setting prices appropriately within an organization. They work with vendors and clients to determine proper pricing while monitoring market trends. Pricing managers also monitor applicable regulations and laws to ensure the proper implementation of pricing policies and procedures.
Pricing managers may work in the hospitality industry in Nevada. As individuals who coordinate pricing among restaurants and shops within resorts and casinos, these professionals develop strategies to maximize overall profits.
An online MBA prepares individuals for pricing manager roles through coursework in finance, marketing, and business communication. Pricing managers also develop analytical and problem-solving skills to coordinate goods and services amid potential risks and challenges.
Financial analysts assess economic data to enable proper planning and coordination of financial decisions. Their job duties include providing investment advice for businesses and individuals, as well as preparing written reports regarding short- and long-term growth.
In Nevada, the BLS projects a 14% increase in job growth for financial analysts through 2026, far above the projected 6% nationwide rise. Financial analysts often work in hospitality, healthcare, and finance; all of these industries employ MBA graduates at large employers in Nevada.
Many financial analysts work at financial institutions. In 2017, the banking industry in Nevada experienced increased activity, a trend expected to continue.
Analytics managers conduct research to monitor performance, risk, and consumer satisfaction for organizations. These professionals work closely with executives to determine performance indicators and provide guidance to help achieve institutional goals. By analyzing voluminous data, analytics managers create reports about operational and managerial efficacy and efficiency, weighing in on how to facilitate improvement.
Analytics managers may work independently as consultants or as part of a corporation. They may specialize in marketing, communications, or business development. In Nevada, the BLS projects job growth for market research analysts at 33% through 2026. This exceeds the corresponding national projection by 13%.
MBA Concentrations for Nevada Students
Online MBA programs in Nevada provide aspiring organizational leaders with a comprehensive curriculum based in managerial, financial, and general business knowledge. Students develop analytical, communication, and decision-making skills applicable to positions in industries of all kinds.
Many online MBA degrees allow students to specialize in a field that meets their personal and professional goals. In Nevada, learners may benefit from an MBA in hospitality management. Top employers in the state include casinos and resorts such as the MGM Grand, the Peppermill, and Caesars Palace.
Nevada also employs many law enforcement officers. A Nevada MBA with a specialization in criminal justice or public administration could facilitate career mobility and earning potential. To find out more about MBA concentrations and their applicability for specific career goals, refer to the MBA Specializations hub.
Nevada's Online MBA Programs
The schools listed below hold regional or national accreditation. Accreditation ensures institutional quality and compliance with established academic standards. Students exploring online MBA programs in Nevada should consider institutional accreditation carefully, because it can impact financial aid and transfer options.
Alongside regional and national accreditation, many departments and degrees maintain specialized programmatic accreditation from a field-specific body. Assessment for business programs takes place through one of three agencies. To find out more about programmatic accreditation for business degrees and the importance of accreditation as a whole, refer to the MBA Accreditation Guide.
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