An MBA or a Master of Business Administration is the most popular post graduate degree in the world.
An MBA or a Master of Business Administration is the most popular post graduate degree in the world. The opportunities after completing an MBA is very broad and far branched. However, many students all over the world face a difficulty in choosing a post graduate course. If you are one such person facing such a dilemma then this article will explain to you why you must pursue an MBA. So let’s get started.
Here are the top 10 good reasons to pursue an MBA.
Higher pay package: This has been the biggest motivating factor for doing MBA for decades. MBA students get higher pay packages than their non-MBA counterparts. The quality of training provided in an MBA degree makes a student highly competent and employable, thereby leading him to jobs with higher pay packages.
Existence of diverse Specializations: There are various exciting MBA specializations. A student can thus opt for that specialization which suits his nature. For example, a student who is very good and has the ability to think logically can opt for MBA-Finance. A student who has good communication skills and can multitask well can opt for MBA- Human Resource Management (HRM).
Exposure: An MBA degree will give you massive amounts of exposure to the macro business environment, thereby making you employable universally. While other master’s degrees simply give you theoretical knowledge, an MBA degree will equip you with the necessary business acumen thereby enabling you to take on any business situation with confidence.
Network of Communication: An MBA degree is designed in such a way that you get to interact with various like-minded people who may become entrepreneurs tomorrow. This wide network of interaction and connections will be very useful when you start working. It will help you get things done quickly.
Prepares you for Research: You can even do a Ph.D. after completing an MBA degree. The basic requirement for a Ph.D. is a master’s degree. Unlike other master’s degrees that focus solely on theoretical knowledge, an MBA degree will give you both theoretical and working knowledge. This can be very useful when you do a Ph.D. So, whether you want to work or whether you want to do higher education, an MBA is a useful medium for both.
Brand value: While an MBA will give you a good career, an MBA from a top business school like IIM and XLRI, will make employers come begging for you. An employer knows how difficult it is to get into these top institutions. So when you complete an MBA from any one of these B-schools, it will take you to extreme heights.
Gives you a dynamic job: If you are stuck in a very boring and a dry job which does not offer any challenge, then you must go for an MBA degree. Because after doing an MBA degree, you will attract better and more exciting jobs. This will give you job satisfaction in the long run and by doing a good job, your skills get honed further. Hence, go for an MBA degree if you hate the job you are in.
Intelligence: An MBA degree will benefit both your personal life and professional life. Completing an MBA degree will make you very intelligent because an MBA degree is challenging. This intelligence is very useful if you want to climb the corporate ladder quickly. It enables you to comprehend everyday business situations very efficiently.
Street-smartness: To climb the corporate ladder quickly, you need to be very street smart. Successful entrepreneurship involves being shrewd in various situations. An MBA degree will put you in practical situations which will equip you with shrewdness needed to succeed in the corporate world.
Change of Geography: Ever dreamed of working in an exciting country like the US, UK or Australia? An MBA from a good business school can help you achieve it! There is huge demand for management graduates all over the world. So if you work hard and get into a good business school, you may get the chance to work in any country you desire!!