Sponsored by McCombs School of Business at the University of Texas at Austin
With an undergraduate degree to your name, you may be wondering what else you can do to ensure you stand out in a competitive job market. In some cases, jumping straight back into education can be a great option. But how are you supposed to know which degree is the right one for you?
Since the first MBA launched in 1908, it’s been considered the cornerstone business degree program all over the world. In recent years, it’s faced growing competition from the specialized business master’s, which do well to reflect the diversity of jobs in today’s globalized world and act as a springboard for early business career professionals.
Unsure what to expect from a business master’s degree? Business schools such as the McCombs School of Business are offering specialized curricula in areas like data science, marketing, and more through their specialized master’s programs, something which more traditional MBA tracks can’t offer in terms of depth and specialization. That’s not the only difference though.
Industry demand for those with niche business skills and knowledge
In recent years, the line between technology and business has become increasingly blurred.
Many jobs that exist today didn’t exist 20 years ago, or even 10 years ago: social media managers, SEO specialists, data analysts, user experience (UX) designers, and almost any job related to artificial intelligence (AI) have only been around since the turn of the century. These highly specialized positions often require the specialized training business master’s programs are offering.
With the likes of emerging technologies such as AI, fintech and big data having a dramatic impact on how businesses operate, from customer services to managing finances, advanced technologies are creating exciting opportunities on an almost daily basis.
Specialized business master’s combine in-depth skills in particular fields, such as finance or information technology, together with business decision-making skills. Many students considering non-business degrees in areas such as research or computer science may turn to these business master’s to leverage their technical skills within a specific business context.
Graduates are not just able to work with emerging technologies, but they’re also able to identify business value and opportunities out of those technologies.
The demand is also increasing from organizations and employers for business professionals who have the niche knowledge and skills to work in particular areas of business and fill the needs gap within emerging realms of business such as AI, fintech and big data. Due to the technical nature of these programs, many specialized business master’s degrees are STEM eligible because of requirements around data visualization, coding, or statistical aptitude.
Still wondering how a specialized business master’s can help get you where you want to be? It’s important to understand that there are a variety of factors which can influence whether an MBA or a specialized business master’s is right for you though. For example, where are you currently in your career?
Those who have just graduated and are only getting started may be more inclined to jump straight into a specialized business master’s, whereas those who have more than a few years’ worth of professional experience under their belt may want to consider an MBA instead.
We’ve teamed up with McCombs School of Business at the University of Texas at Austin and spoke to four graduates to find out how a specialized business master’s can be the key to unlocking your career potential – especially in a rapidly developing digital world.



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