2024 Best Online MBA Programs in Missouri

Compare MBA Degrees in Missouri

Here is an overview of the Missouri economy and opportunities for MBA graduates:

Missouri's Thriving and Diverse Economy

Missouri boasts a robust and multifaceted economy, presenting a wealth of prospects for MBA graduates. The state is a significant center for several crucial industries, such as healthcare, aerospace, financial services, and agriculture technology, each demanding a unique skill set that an MBA program can offer.

Healthcare Industry Growth

The healthcare sector in Missouri is experiencing rapid expansion, generating a demand for professionals with expertise in healthcare administration, making it an ideal career path for MBA graduates specializing in healthcare management. Major healthcare companies headquartered in the state, like Centene Corporation, are driving job growth in this field.

Aerospace and Transportation Manufacturing

Missouri has a strong presence in aerospace and transportation equipment manufacturing. Boeing Defense, Space & Security and Emerson Electric are among the top employers in the state.MBA graduates with a focus on operations management or s upply chain management can find ample opportunities in this sector.

Financial Services Hub

Missouri is home to two Federal Reserve Banks and major financial institutions like Edward Jones and Reinsurance Group of America. The financial services industry offers opportunities for MBA graduates with specializations in finance, banking, or investment management.

Emerging AgTech Industry

Missouri is also at the forefront of the growing agricultural technology (agtech) industry. The state's combination of traditional agriculture strengths and an emerging tech sector make it a hub for agtech innovation and entrepreneurship, suitable for MBA graduates with a concentration in IT management or entrepreneurship.

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Fastest Growing Industries in Missouri

Based on long-term industry projections from the Missouri Economic Research and Information Center, the top 5 industries for job growth between 2018-2028 are:

The healthcare industry in particular is poised for rapid growth as Missouri's population ages. Demand for nurses, home health aides, and medical assistants is projected to surge.

Largest Companies Headquartered in Missouri

The 5 largest public companies with headquarters in Missouri, ranked by 2021 revenues, are:

1. Centene (St. Louis) - $126 billion
2. Healthcare enterprise providing government-sponsored and private health plans
3. Emerson Electric (St. Louis) - $18.2 billion
4. Multinational manufacturer of industrial, commercial and consumer products
5. Reinsurance Group of America (Chesterfield) - $14.3 billion
6. Global provider of life and health reinsurance
7. Edward Jones (Des Peres) - $12.3 billion
8. Financial services firm specializing in individual investors
9. Olin Corporation (Clayton) - $8.9 billion
10. Manufacturer of ammunition, chlorine, and sodium hydroxide[3]

With a diverse economy powered by growing industries and major corporations, Missouri offers ample opportunities for MBA graduates to launch successful careers in the state.