Pursuing an MBA degree hones your business acumen and entrepreneurial skills. An MBA program is not like pursuing just another course. This diverse and multi-faceted program is exclusively based on business-related subjects and managerial topics.
Choosing the right B-school is one of the most important factors you will have to consider while opting to pursue an MBA program. The first step in determining the right B-School for you is to understand and comprehend your expectations from an MBA degree. You must set a goal by picturing yourself 5-years-down-the-line and analyze if pursuing an MBA degree will actually take you one step closer to your goal.
Listed below are a few pointers that might help you figure out your exact requirements from an MBA degree:
Ask yourself why do you want to pursue MBA? What do you expect out of it? Are you obsessed by the brand value of a degree? Do you want to join your father’s business after completing MBA because it appears to be savvy? Are you serious about getting a quality education? Are you only seeking a good job placement?
It may be that your answer is a mix of all the above. The ultimate goal of your career and the focus of your professional path should help you make your decision on an MBA program. For example, if you want to see yourself in one of the leading management positions such as HR manager, Marketing Manager, Finance Manager or Operations manager then you should go for MBA with a respective specialization. On the other hand, if you want to be a chef or aspire to be a performing artist, an MBA may not be the right option for you. If you have entrepreneurial plans, pursuing an MBA can be a very useful option.
Do not be driven by a myth that pursuing an MBA will get you a job in foreign country. Some people pursue MBA despite of having a postgraduate degree with them simply because they are fancied by the lucrative job opportunities. But they should keep in mind that this can have a negative impact on their resume.
Do not be a part of rat race
Do not consider about pursuing an MBA program just because your friends or peers have decided to pursue an MBA degree. An MBA degree requires time, money, efforts and a lot of dedication. Understand the need for a higher degree. The amount of time, energy and money going into a higher degree is huge and you have to decide if you can justify yourself to the demands of an MBA program. Streamline your higher education requirements with your goals.
Return on Investment
As mentioned above, an MBA degree requires a good amount of investment. There is a wide array of quality B-schools in India that you can apply to. Fees charged in each B-school vary from each other. Therefore, it is mandatory for you to determine, if the amount you invest in a B-school will reap benefits for you after completion of your course. The benefits can come in the form of placements –salary package, job designation, your professional and personal growth.
An MBA degree in today’s world has become a necessity for one’s career growth. With the corporate world booming, many companies are looking for eligible candidates with exceptional managerial and business skills. Prioritize your needs, explore your options and analyze whether you are cut out for pursuing a grueling program like MBA or not. An MBA degree will definitely help you climb the career ladder at a faster pace but only if you put in 100% of your efforts in acing the program.
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