Before actually deciding to take up an MBA, I am sure you must have asked yourself this question – Why MBA? What Are The Career Options After MBA? If you haven’t and just went for the degree for no reason, or just because your parents wanted you to do. Take time to think about your decision again.
Also Read: Top 10 MBA Colleges in India
The millennials today are very career-oriented and even before they have reached their 10th grade, they are clear about what profession they want to choose or which career they want to go forward with. Which is actually a very good thing. So I am not going to discuss why you should choose an MBA as your Post Graduation Program.
Instead, in this blog, I am going to discuss, how to advance your career with an MBA.
First things first. So let us begin with the basics. Undoubtedly, MBA degree not only widens your knowledge perspective but also broadens your career aspects.
MBA Curriculum And Knowledge Prospects
There are several reasons why opting for Masters In Business Management can be the best decision. But the most important one is, it is the need of the hour.
Obviously, any company would prefer hiring an MBA over a BBA candidate. So the most primary reason for doing an MBA is to widen your career aspects. If we have a look at the curriculum of an MBA program, it basically focusses on four main subjects:
- Business Analytical
- Business Ethics
- Business Functions
- Business Electives (this could include a number of different specific subjects).
The one plus point of taking up an MBA is, it prepares you to be leaders in their specific field of expertise. This means BBA will give you knowledge on every business-related subject. But the MBA will make you an expert in one particular business field.
If we talk about the global opportunity, MBA graduates are highly in demand, especially in the US, majorly for 2 reasons:
- Deep practical knowledge/specialization
- Ability to use the skills and knowledge in real-life scenarios.
Now let us come down to the main business. How to advance your career with an MBA?
How an MBA Can Boost Your Career?
For those of you who are just doing an MBA, because everyone else is doing it, after reading this, you will probably get a little more serious about it. And for the rest, who are clear about doing an MBA, the following points will make your decision all the more firm.
- Career Growth:
This is I think self-explanatory. Obviously, you have better career opportunities and career growth options in comparison to a BBA degree candidate. If you have an MBA degree, you have a higher chance of getting a promotion.
Any company would prefer an MBA candidate because this will get them an employee with not only basic knowledge but also practical knowledge of handling management roles. Career Transformation Options:
With an MBA degree, you have wider options to switch your career paths. For example, if you have been working in the sales department, with management-level knowledge, you have the option to shift your career from sales to business development, marketing analytics or international business, etc.
And since with an MBA you have expertise in a particular field, it opens several more doors and offers far more career transformation options.Entrepreneurship Opportunities:
An MBA degree not only gives you several job opportunities but also builds your entrepreneurship skills. This means, if you are looking forward to starting your own business or taking over a family business, an MBA degree is going to come in handy.
In fact, there are several business schools that allow you to choose entrepreneurship as a specialization. While pursuing an MBA the student gets in-depth knowledge of specialized management skills, how to create detailed and well-structured business plans, and most importantly how to deal with the problems of running a successful business.Managerial Skills:
In an MBA degree, there are several different programs, where the candidates get a chance to build their leadership skills, team management skills, management skills, etc. With an MBS degree, there are higher chances of getting recruitment for managerial positions at the beginner level.
An MBA degree, not only enhances your business skill knowledge but also boosts your soft skills. This gives you an upper hand in comparison to non-MBA candidates.Credibility Building:
Getting an MBA degree builds your credibility and earns you respect among your peer circle. Since you have a certified MBA degree, you have authority over the others to prove your skills and expertise.- Brand Building:
One of the most important reasons to choose the right MBA college is, you get the opportunity to work with big brands. If you are associated with a college that is famous and has a reliable brand name the chances of you having more opportunities increases.
If you have done MBA from Top MBA Colleges then the value of your MBA degree automatically increases. Because all the big companies know, how difficult it can be to crack the MBA entrance exam and get admission to a big brand. If you get an MBA degree from there, you are obviously a step ahead of others. Global Opportunities:
An MBA degree also opens the door to several global opportunities. Over the years the importance of having a global experience has increased dramatically. Several business schools offer programs where the candidates get an opportunity to travel abroad and get the experience of working in a global environment.
This again can differ from college to college, So selecting the right MBA COllege is very important, here is a guide on How to select right MBA College. With this global exposure, not only your global business knowledge is enhanced but you are also exposed to different work cultures practiced around the world.
Getting an MBA degree is a long term investment, which builds your base for life long earning possibilities. Investing in an MBA degree right now is going to yield fruits in the future.
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