MBA Programs in Nevada
Of Nevada's 1.1 million jobs, approximately 17 percent are in the finance and professional and business services industries, according to the Bureau of Labor Statistics (bls.gov). Getting a degree from one of the MBA programs in Nevada doesn't mean that you're limited to these industries for employment, however. The state's hospitality and leisure industry, which includes gaming, provides about one-third of the state's jobs.
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As of April 2011, the Research and Analysis Bureau of the Nevada Department of Employment, Training and Rehabilitation identified general/operations managers as one of the state's top 50 occupations due to the more than 500 annual job openings in growing industries that are expected for this career. An education at one of the business schools in Nevada could prepare you for top managerial positions in areas such as construction, retail sales, or scientific and technical services.
The majority of jobs for MBA graduates are likely to be found in the state's most populated cities of Reno-Sparks and Las Vegas. Of the state's 51,050 management occupations and 35,070 business and financial operations jobs in 2010, approximately 20 percent were located in Reno-Sparks and approximately 68 percent were locate d in Las Vegas, according to the bls.gov.
When most people think of Las Vegas, the twinkling lights of the world-famous "Strip" on Las Vegas Boulevard come to mind. For MBA grads, however, there's more to Vegas than meets the partygoer's eye. According to a January 2012 report from the Las Vegas Review Journal, the city was home to the world's 18th-fastest growing economy between 1993 and 2007. Though this growth was severely curtailed by the 2008 recession, things are on the upswing again. Data shows the Las Vegas economy is headed in the right direction, thanks mostly to renewed interest in its tourism industry.
About 30 percent of southern Nevada's economy is in retail, trade and tourism, but 90 percent of the area's economic growth comes from these sectors, according to the report. Gambling, entertaining and tourism giants including Fortune 500 companies such as Caesar's Entertainment, Las Vegas Sands and MGM Resorts International are headquartered there, while the city's chamber of commerce asserts that the casino-resorts Wynn Las Vegas and Bellagio each employ nearly 8,000 people. If you're a business professional who'd like to bet on growth in Las Vegas, business schools offering MBA degrees can help you gain the experience needed to get ahead.