Its almost a trend in
education, isn’t it? Different decades have their own ‘favourite’ streams or
disciplines of sort. The 1960s were a
time when most students were happy with an undergraduate degree and many times
people would easily get decent jobs with even a Higher Secondary Education. The
70s and 80s saw more of an emphasis on scientific education and the craze
seemed to be a BSc. The 90s saw India open its doors to liberalisation and get
swept up in the trend of a more focused, global education. The trend of a
Masters in Business Administration continues today, with a more global business
focus.
What then is the
advantage of an MBA? Why are students nowadays more drawn to this professional
course, over any other? The answers to these questions are what we shall probe
for in this article.
The advantages of an
MBA degree:
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.
An MBA is a course that equips you to make an impact in both an organisation and in your own business
life. The skills imparted during the course are testament to the range and
depth this 2 year course possesses. The 2 most important years of a students
life, the 2 years that will chart the entire course of his/her career and
propel them to heights of excellence.
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