The need for MBAs is growing in Indiana. Despite downturns in many manufacturing states, Indiana has shown significant investment in this sector. In 2015 alone, investors paid almost $2 billion to modernize production facilities. The recipients of this funding include Rolls-Royce, Subaru and General Motors, among others. This economic activity translates into jobs in Indiana for graduates from programs like the USI Online Master of Business Administration Program (MBA).
According to Chad Moutray, chief economist at the National Association of Manufacturers, “Indiana is doing a lot of things right. When you look at the overall business environment in Indiana, it’s pretty clear the policies are geared toward attracting business. When you set the right climate for business, you’re going to see economic development as a result.”
Where Are MBAs Needed?
Ethical, educated professionals will need to manage many of the companies in Indiana’s large manufacturing sector. Other companies, in turn, serve the manufacturing sector and those they employ. These fast-growing companies will need MBAs in management positions as they continue to grow.
- Mainstreet — Senior living facilities and short-term rehabilitation centers.
- Trendy Minds — Advertising, marketing, and public relations.
- en Vista, LLC — Manufacturing consultants.
- Element Three, Inc. — Branding and marketing.
- BidPal, Inc. — Online marketing, direct sales and telemarketing and fundraising for nonprofits.
- FitzMark, Inc. — Trucking and warehousing.
- Sun King Brewing Co., LLC — Brewery.
- Stratosphere Quality, LLC — Quality standards inspectors for auto parts.
- Encore Sotheby’s International Realty — High-end real estate.
- SmartIT, Inc. — Consulting, technology solutions, industry solutions, and staffing.
Which Skills Are Needed by Sector?
The skills available in an online MBA program are commonly required by employers in any sector. Coupled with hands-on manufacturing experience, the training and qualifications that come with an MBA make graduates competitive for good positions in management among the many available jobs in Indiana.
In manufacturing, leaders who can make sense of production schedules, profit margins and incremental costs are necessary to ensure continued growth. In the service sector, people with experience branding and promoting manufacturing companies can offer solutions that align with manufacturers’ needs. Familiarity with the manufacturing process also makes a candidate an ideal fit for a position with a firm that provides quality control, staffing or consulting to manufacturers.
What Do the Numbers Say?
Overall forecasts show that jobs in Indiana will stay steady for the next 10 years or more. They also show that many Baby Boomers are reaching retirement age. This means that even companies that are not expanding will still need to replace retiring workers, many of whom work in senior management positions — the very positions that an online MBA program, combined with your experience in the manufacturing sector, qualifies you for.
Learn more about the USI online MBA program.
Sources:
http://www.bls.gov/regions/midwest/indiana.htm
http://www.bls.gov/regions/midwest/news-release/businessemploymentdynamics_indiana.htm
