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Why Pursue an MBA?

Published On: 16 May 2017 | Last Updated On: 16 May 2017

Masters in Business Administration – Students even after perusing their engineering degree opt for an MBA. Demand for MBA graduates have increased but the bottom line is, demand only for students from reputed institution.  India’s has thousands of MBA’s still reaching for jobs. They take up assignments and profiles that is way below their education.  Pursuing a Masters in Business Administration is always an advantage but choosing the right university and the right stream is important.

Why so students pursue an MBA?

  • Gain insight into how a business runs.
  • Get into a managerial position in a reputed organisation.
  • Understand the different working modules and perspectives of the organisation.
  • Exposure to working strategise and methodologies.
  • For progressive career opportunities
  • Develop leadership qualities.
  • Good pay package with variables attached

Many students join their own family business, once they complete their MBA. They start a new business; we read– five or six MBA students join together and innovatively launch new start-up. 

This is news I read on the BBC website about Ms Sohoni, co-founder of Seedcamp.  “Ms Sohoni, co-founder of technology start-up investment fund Seedcamp, says that if a new business is to do well, having someone on board with an MBA is crucial. Image caption Investor and Seedcamp co-founder Reshma Sohoni says MBAs teach important business fundamentals. "Any organisation that's really gotten anywhere has MBA talent," says Ms Sohoni, who has an MBA herself. Ms Sohoni finds that from her experience, people with MBAs have a better sense of how to make a business more commercial, and have a much better understanding of running a business in general. It is something that some other entrepreneurs with MBAs agree with, including Andrew Carroll, who co-founded the e-receipts company Paperless Receipts”.

Students with an MBA have the knowledge to manage a business, or excel working for a reputed organisation. MBA’s are given importance in decision making, strategic planning, management policies, recruitment, goals and achievements, target strategies etc.  He / She grows along the company. The expertise is shared for the growth of a particular section or the company as a whole. 

According to the National Association of Software and Services Companies (NASSCOM), the start-up launches in India will increase from 3 to 4 per day in 2015 to 6 to 7 per day by 2010. The demand for MBA’s have increased, but why MBA has become a sought after course in the last few years. There are many reasons, but the main is job opportunities, an MBA can choose from the continuum of career options, from banking, marketing, finance, advertisement, human resource etc., Are you aspiring to do your Masters in Business Administration then you are at the right place. Check out the list right here.

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