To MBA or not!
We live in an era where everyone, from fresh graduates to experienced professionals, wants to earn an MBA degree. However, people often make this decision of doing an MBA without actually knowing how to get an MBA degree or how it helps.
Given that all the information is available on the internet, the biggest blunder that MBA aspirants commit is start looking out for B-Schools that provide the MBA degree without actually answering the fundamental question of ‘Why MBA?’. Before shelling out big bucks, it is important to ensure that you are not doing it for the wrong reasons. If you are planning to take life as it comes, not entirely sure on what to do next or looking to escape from the drudgery of your job, then signing up for MBA is a bad idea.
If you are looking for career advancement, career switch or personal development, pursuing an MBA will surely benefit you. It is typically a tool to improve your existing skills, build your network and expose yourself to new industries.
We’ve outlined a few compelling reasons to get an MBA that will help you make a smart and informed decision.
You will develop managerial skills:
One of the most important qualities of a leader is the ability to calmly assess a situation and solve problems under pressure. An MBA degree will force you to get out of your comfort zone, deal with business issues, apply the newest management techniques to various scenarios and constantly challenge yourself.
You will learn from the best:
Obtaining an MBA degree will require you to interact with your mentors and peers on current business trends or find out potential solutions to business problems. During your course, you will find opportunities to exchange ideas with high-profile business leaders across various sectors. For instance, GITAM HBS maintains a strong alumni network and runs several entrepreneurship programs throughout the year to allow business students to share ideas with professors, CMO’s, CEO’s etc.
You will get a higher pay:
What happens after you graduate with an MBA? Does total pay go up compared to pre-MBA pay?
Well, the average income for an MBA graduate is considerably higher compared to that of an employee with a regular degree qualification. After obtaining an MBA degree, you can expect to earn twice as much as what you would expect to earn from a regular university degree.
You will broaden your horizons, sharpen your skills, and get better at what you’re best at:
By pursuing an MBA, you will be surprised at how much you will be interested in venturing outside of your comfort zone to learn different types of subjects and meet different types of people. You will learn so much about yourself and the world around you through the B-school, and that will be an incredible part of your MBA journey.
You will see a growth in yourself:
The confidence to be somebody really matters in your professional life. An MBA from a reputed B-School gives you the opportunity to think in the direction you want to. Many MBA graduates discover a new person in themselves once they graduate from the business school.
Now that you know what an MBA can do, you might want to gather information to start your research. Check out GITAM HBS’ programs to fulfil your dream of seeking an MBA.
Hope this post makes a positive difference to your MBA plans! If you would like to share what works for you and what doesn’t, please leave a comment in the comment section below.