{"id":3417,"date":"2021-02-04T16:42:06","date_gmt":"2021-02-04T21:42:06","guid":{"rendered":"https:\/\/eptura.wpengine.com\/discover-more\/blog\/facility-management-mba\/"},"modified":"2024-09-10T00:34:07","modified_gmt":"2024-09-10T04:34:07","slug":"facility-management-mba","status":"publish","type":"post","link":"https:\/\/eptura.com\/discover-more\/blog\/facility-management-mba\/","title":{"rendered":"Is There a Need for Facility Planning in MBA Programs?"},"content":{"rendered":"<p>A\u00a0Master of Business Administration (MBA) degree is a standout achievement on any r\u00e9sum\u00e9. But what matters more is the focus of study behind that degree. MBA concentrations range from accounting and finance to human resources and business administration\u2014each with studies that emphasize these areas of focus.<\/p>\n<p>These different routes to an MBA create an important foundation of understanding for different careers and professions. And while finance, administration, and the like are all cornerstones of modern business operations, so, increasingly, are facility planning and management. It begs the question: is there a need for facility planning in MBA programs?<\/p>\n<p>Traditional MBA tracks\u00a0cover three umbrellas: entrepreneurship, leadership, and finance. Depending on a person\u2019s intended career track, they\u2019ll start with these umbrellas and explore opportunities below them. For example, if you\u2019re aiming for the C-suite, you\u2019ll pursue a leadership MBA\u2014something in the realm of global operations management or strategic risk management.<\/p>\n<p>Making the case for an MBA program dedicated to facility planning starts by understanding which umbrella it fits under\u2014and that\u2019s more difficult than it might seem. It\u2019s easy to rule out the\u00a0entrepreneurship track; however, facility planning lends itself to both leadership and finance, albeit indirectly. Facility professionals provide workplace insights and information used by executives and finance managers, which means they fit both and neither of these tracks. The solution\u00a0to where it might fit is simpler.<\/p>\n<p>There\u2019s a fourth MBA track that\u2019s increasing in popularity: the general MBA. This is more of a \u201cjack of all trades\u201d type of MBA that\u2019s less focused on a discipline and more focused on\u00a0aspects of business operations.\u00a0Facilities touch every aspect of business\u00a0operations, which would make\u00a0facility planning a\u00a0strategic focus for anyone pursuing a general MBA.<\/p>\n<h2>Certificates are a good start<\/h2>\n<p>Right now, most MBA programs touch on facility planning in a tangential way. To get a clear, refined, focused education on facility planning and management, professionals need to pursue a certificate. Some of the most popular\u00a0<a href=\"https:\/\/eptura.com\/discover-more\/blog\/facility-management-certification\/\">facility management certifications<\/a> include:<\/p>\n<ul>\n<li><a href=\"https:\/\/www.ifma.org\/professional-development\/credentials#fmp\">Facility Management Professional\u2122 (FMP\u00ae)<\/a><\/li>\n<li><a href=\"https:\/\/www.ifma.org\/professional-development\/credentials#cfm\">Certified Facility Manager\u00ae (CFM\u00ae)<\/a><\/li>\n<li><a href=\"https:\/\/www.ifma.org\/professional-development\/credentials#sfp\">Sustainability Facility Professional\u00ae (SFP\u00ae)<\/a><\/li>\n<li><a href=\"https:\/\/www.ifma.org\/professional-development\/credentials#mrics\">RICS Chartered Qualification (MRICS)<\/a><\/li>\n<li><a href=\"https:\/\/www.ifma.org\/professional-development\/credentials#arics\">RICS Associate Qualification (AssocRICS)<\/a><\/li>\n<\/ul>\n<p>Each of these programs\u2014and others like them\u2014instill facility-focused professionals with the information they need to manage, oversee, and optimize facilities. This is especially important in a post-pandemic workplace, where\u00a0<a href=\"https:\/\/eptura.com\/discover-more\/blog\/space-planning-for-covid-19\/\">COVID-19 has disrupted traditional work<\/a>. The problem is, FMP, CFM, SFP, and other designations don\u2019t quite jump off the page like \u201cMBA\u201d does. Hiring managers may not understand the body of knowledge that accompanies these titles like they do for an MBA graduate.<\/p>\n<p>The ideal candidate for a facility management position in our new era of work is someone with an MBA-level of credibility and an FMP-level (or similar) knowledge of facility management. It only makes sense to combine\u00a0<span data-contrast=\"auto\">them. A r\u00e9sum\u00e9 with the title \u201cFacility Planning MBA\u201d is certain to stand out in a way a general MBA or facility certification title simply can\u2019t.<\/span><\/p>\n<h2>Demand for facility planning is growing<\/h2>\n<p>There\u2019s a reason\u00a0<a href=\"https:\/\/www.usnews.com\/education\/best-graduate-schools\/top-business-schools\/articles\/mba-salary-jobs\">upwards of 85% of all MBA graduates<\/a>\u00a0find themselves employed immediately after\u00a0they leave\u00a0school. Businesses want to hire candidates that know their stuff right out of the gate\u2014high-level thinkers who can bring new ideas and execution to the company. This is especially important in hiring MBA holders who\u2019ve followed specific tracks and emphasized areas of focus like finance and administration. It only makes sense that a rise in demand for facility managers should equate to need for facility planning in MBA programs.<\/p>\n<p>As businesses realize the far-reaching role of facilities in operations, they\u2019ll find themselves seeking out professionals to help oversee and optimize facilities. What they won\u2019t find is an MBA candidate with specific experience in this area, because a facility planning MBA track doesn\u2019t exist. Instead,\u00a0they\u2019re\u00a0forced to widen their search and cast a net that might only catch MBA holders or candidates with a facility management certificate, who might not possess the MBA-level perspective this position needs.<\/p>\n<p>It\u2019s getting more and more difficult to ignore the demand for an MBA-level program devoted to facility planning and management.\u00a0Companies need thinkers who understand the\u00a0<a href=\"https:\/\/www.managementstudyguide.com\/facility-layout.htm\">objectives, design, and factors affecting the layout of a workplace<\/a>, and who can govern them with an executive mindset.<\/p>\n<h2>An educational bedrock is essential<\/h2>\n<p>Is there a need for facility planning in MBA programs? Without a doubt. There\u2019s growing demand for facility professionals\u2014and while certifications provide an exceptional understanding of best practices, trends, and philosophy, it\u2019s difficult to match the high-level expertise that\u00a0accompanies an MBA. Combining the focus of facility certifications with the rigor and vision of an MBA program is an obvious, logical need for the future of education on this topic.<\/p>\n<p>It all boils down to a very simple comparison. Would you rather hire someone\u00a0who has\u00a0a certificate in business administration or someone\u00a0who holds\u00a0an MBA in business administration?\u00a0The answer is obvious, and it\u2019s equally obvious when you replace \u201cbusiness administration\u201d with \u201cfacility planning.\u201d<\/p>\n<p>Keep reading: <a href=\"https:\/\/eptura.com\/discover-more\/blog\/facility-management-certification\/\">Ins and Outs of Facility Management Certification<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Master of Business Administration (MBA) degree is a standout achievement on any r\u00e9sum\u00e9. But what matters more is the focus of study behind that degree.<\/p>\n","protected":false},"author":26,"featured_media":3416,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","inline_featured_image":false,"footnotes":"","_wpscp_schedule_draft_date":"","_wpscp_schedule_republish_date":"","_wpscppro_advance_schedule":false,"_wpscppro_advance_schedule_date":"","_wpscppro_dont_share_socialmedia":false,"_wpscppro_custom_social_share_image":0,"_facebook_share_type":"","_twitter_share_type":"","_linkedin_share_type":"","_pinterest_share_type":"","_linkedin_share_type_page":"","_instagram_share_type":"","_medium_share_type":"","_threads_share_type":"","_google_business_share_type":"","_selected_social_profile":[],"_wpsp_enable_custom_social_template":false,"_wpsp_social_scheduling":{"enabled":false,"datetime":null,"platforms":[],"status":"template_only","dateOption":"today","timeOption":"now","customDays":"","customHours":"","customDate":"","customTime":"","schedulingType":"absolute"},"_wpsp_active_default_template":true},"categories":[7,396],"tags":[],"class_list":["post-3417","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-space-planning"],"acf":[],"yoast_head":"<!-- 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