UW Tacoma to Launch an MBA Concentration in Healthcare

From Armani to Versace and Ralph Lauren, luxury brands accounted for over $300 billion in 2021 alone, by some estimates. And with surging demand from the emerging middle classes in countries like India and China, the industry is poised for more growth. An MBA in Luxury Brand Management can lead to a variety of jobs in this sector, including roles like marketing managers, business development consultants, and brand managers. Some schools offer specialized MBA programs in Luxury, as well as related fields like Fashion or Retail. Many students interested in breaking into the luxury sector gravitate to hubs like Paris or Milan, where many of the top firms are based; others go to New York City or London to be in the heart of the action. Being near to luxury firms can help with networking opportunities; some students also opt to pursue MBA internships in luxury firms, for hands-on experience in the sector. See a list of the Top 10 MBAs for Luxury below.

Not long ago, an MBA degree was regarded by many people as a passport to a lucrative professional job in a field such as investment banking or strategy consulting. While many students still pursue these career paths, a growing portion of them are looking for purpose as well as profit in their jobs.  In fact, making a positive social or environmental impact has overtaken pay and other perks as the top reasons MBA students pursue their career, according to an often-cited survey by Bain & Company, which, ironically, is a consultancy firm.  Curriculum changes are underway as business schools respond to the corporate social responsibility (CSR) revolution. Schools have been criticized for their apparent role in the global financial crisis and for focusing too heavily on maximizing shareholder return. Today many top MBA programs include an impact-related module, such as impact investing or social entrepreneurship.  The career opportunities in this field have flourished. CSR was previously something many companies merely paid lip service to, but they are making “impact” a fundamental piece of their business plans. There are now 2,655 certified “B Corporations”, or firms that verify their high social and environmental performance, across 150 industries and 60 countries, including the ice cream maker Ben & Jerry’s and the social media company Hootsuite.  Picking the right program, however, is crucial. So we’ve ranked the best MBAs for social or environmental impact, below. 

The Middle East, with its booming economies, cultural diversity, and geopolitical significance, has witnessed significant growth in the field of business education over recent years. Many universities and business schools -- both local and international institutions -- now offer MBA programs, each with unique strengths and attributes.

MBA applicants are spoilt for choice of business school in Massachusetts. See the top 10 MBA programs in Massachusetts here.