Michigan's rich automotive history may be its economic claim to fame, but the state is also home to several other thriving industries. According to the Bureau of Labor Statistics (bls.gov), the following industries employed the most Michigan residents as of May 2011: trade, transportation and utilities; education and health services; government; professional and business services; and manufacturing. Graduates of MBA programs in Michigan could qualify for leadership roles in any of the above industries due to their advanced training and targeted business skills.
While professional, business and financial services have traditionally been the largest employers of MBA graduates, a June 2011 article in Businessweek points out that in recent years graduates have found work in a variety of industries, including government and education.
Top Michigan Cities for Business Careers
Michigan is home to 18 Fortune 500 companies, including Ford, General Motors, Kellogg and Dow Chemical. The automotive companies are centered in Detroit, while Kellogg and Dow Chemical are headquartered in Battle Creek and Midland, respectively.
According to the Michigan Department of Technology, Management and Budget, employment in the professional and business services sector was highest in Detroit, Grand Rapids and Ann Arbor in May 2011. With a variety of Fortune 500 companies and other professional and financial service businesses to choose from, graduates of MBA programs in Michigan could enjoy many career opportunities within their state.
Grand Rapids MBA Programs and Business Schools
Grand Rapids might have made its start as a furniture manufacturing center, but today this Michigan city of nearly 200,000 residents is known for being green. In 2010, Grand Rapids was named the most sustainable mid-sized city in the country by the U.S. Chamber of Commerce and Siemens Corp., thanks to its efforts toward economic stewardship and social equity. Forbes magazine has also picked up on the good things going on in Grand Rapids: the city has been named No. 97 on the magazine's list of best places for jobs and careers, No. 60 for low cost of doing business, No. 168 for job growth and No. 116 in education.
Grand Rapids is also known for its world-class health care facilities. In a part of town known as the Medical Mile, there are facilities including Grand Valley State University's Cook-DeVos Center for Health Sciences, the Michigan State University College of Human Medicine Center and VanAndel Research Institute. Spectrum Health is also a major investor in Grand Rapids Medical Mile, and has spent more than $1 billion on local developments, including the Meijer Heart Center, Spectrum Health Musculoskeletal Center, Cook Institute and more. If you're looking for a way to make it in Grand Rapids, business schools offering advanced management degrees could help ensure you have the skills to head toward the top.