Not only there are more companies looking to employ military MBAs, but there are also significant benefits for veterans who get their MBA degree. Read on for expert information about the jobs available to military MBAs as well as advice on how to decide if an MBA is right for you.
More companies are making it a point to hire veterans, as shown in recent TV and print ad campaigns for companies like Chase Bank. Military MBA hiring has gone up so much that G.I. Job's Top Military Friendly Employers List has grown from a top ten list to a top 100 list. In addition there is an increased number of veteran specific job fairs, which are receiving attention from media outlets such as NBC.
Why Veterans Make Good Employees
The "trend" of hiring veterans isn't just happening because of patriotic duty. Companies also know that veterans, including military MBAs, make great employees.
A recent study conducted by the Apollo Research Institute surveyed 800 hiring managers from a variety of industries, in order to compare military and civilian employees. 81% of employers rated military employees as being stronger or much stronger in terms of demonstrating teamwork skills and 77% said that military employees are more reliable and have a better work ethic. The same study also showed that employers believe that military experience improves leadership skills. 26% of employers said that military experience enhances teamwork, 16% said that military experience enhances results-orientation and execution, and 15% said that military experience enhances planning and organizing skills.
Military employment expert Julie Mann, CEO and President of J. Mann Consulting Group, gets calls at least once a week from companies looking to hire military veterans. Why are veterans so in demand? Mann explains that "Companies are quickly becoming aware of and learning that military veterans bring a proven track record of success and have worked in a culture that strives to exceed standards. A veteran has been in many situations that caused them to adapt quickly and think fast on their feet... A veteran can hit the ground running, learn fast, and be an immediate contributor."
Another thing companies appreciate about military MBAs is the fact that they do not expect to advance immediately, according to Dr. Gaby Cora. In addition to being a medical doctor and wellness advisor who works with C-level executives, Cora is also MBA who served as a Lieutenant Commander at the National Institutes of Health. Based on her experiences with military MBAs in the pharmaceutical and healthcare industries, Cora states "[Military MBAs] may be a little more patient in starting positions rather than aspiring to get a third-tier position and just jumping two tiers without having worked them. They may feel more comfortable and confident saying, ‘Well let me get my feet wet first before I move on to the second or third tier within this position.’”
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