Friday 21 February 2014

The competitive advantage an MBA degree provides

The modern business world is cut-throat, competitive and ever evolving. To be able to get ahead you need to be able to adapt to the environment as well as a duck takes to water. While natural talent and ability has no replacement, adding to your arsenal with an MBA degree can add a great advantage to your chances of being the next big thing at your chosen vocation! An MBA degree moulds an individual into a thinker, a strategist and not just another employee. In today’s hyper competitive environment, an employer looks not just for an employee who can complete tasks assigned adequately. An employer though will seek out an individual, who can contribute at every stage of the work cycle. In a recent survey, most blue-chip companies show a marked proclivity to hiring strategic thinkers, who will not just be employees, but partners in the long run. One look at the who’s who of the top companies reveal one single detail, all the heads of the world’s most competitive, profitable organisations are MBAs. And that is no coincidence.

MBA or Master in Business Administration is a course that enables an individual learn in a systematic, experiential manner about the workings and nuances of the business ecosystem. What sets an MBA apart from the other postgraduate courses is the emphasis it places on experiential learning and the inter-personal communication that is an intrinsic part of the course’s curriculum. There are many such advantages of pursuing an MBA from a reputed institution and they’re as follows:

Managerial Skills: The MBA course is structured such that the knowledge students derive from the curriculum is contemporary and if applied correctly, makes one a good manager. Add to the theory, real world internships at leading corporate houses, where exposure to already efficient managers will bring the knowledge from the classroom to life and makes a world of difference to the student.

Developing and fine tuning business expertise: A major plus for students who come from a non business background. An introduction into the world of business is a vital component of the MBA education and provides real insight into the way a businessman thinks and the skill sets that sets him/her apart from an employee.

Competitive advantage: A competent MBA program prepares candidates as highly qualified leaders. The specialized skills and leadership qualities taught in MBA programs, provides you with a competitive advantage over others. Most of the leading business organizations prefer to hire MBAs for higher management positions.

Career advancement: While an MBA is by no means a golden ticket to the higher echelons of the corporate world, and a candidate has to prove his mettle in the competitive market. The career advancement of an MBA over his non-MBA peers is a matter of academia. Employers look for competence and excellence, two virtues that MBA students are taught to aspire to. That aside the real world knowledge and experience component fuel the career advancement roadmap for an MBA candidate in a lot quicker time than a non-MBA candidate.

Career Change: An MBA in general and a Dual MBA in particular, provide you with the cushion of switching your career. An MBA with particular specialization makes it easier for you to move across industries.

Business Connections and Networking: Social networking during the MBA academic term helps in establishing business contacts and referrals. In the long run, you can avail these contacts in improving your business position in the market.


It’s about being the best at what you do and more importantly, about being a leader. And that’s where an MBA degree really comes to the fore.

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