Ever since globalization, there has been considerable shift towards MBA as a choice for professional course. The trend has grown to be so overwhelming that every graduate or professional seems to have one thing on his/her mind – come what may, I shall pursue an MBA. While it may be true that corporate world continues to offer lucrative careers, one has to be sensible in knowing one’s true calling. That is why, it is important to assess how well he, or she deserves to be doing an MBA without overtly driven by the mere lure of earning more money, or being dissatisfied with the present employment. It is so important because an MBA takes lot of commitment, leave alone time and resources involved in it. Here are the reasons that should truly drive and motivate your choice:
Foremost, your choice of MBA should necessarily be driven by an urge to move up in your professional career. An MBA from any management colleges will not suffice, but an MBA degree from a premier business school. An MBA from a top B-school will help you make a quick transition from a mid-level role to a senior management position, where you will have the opportunity to take strategic decisions. If you browse through the job descriptions of senior positions across industries, you can see that MBA is the preferred degree, though perhaps not mandatory. Consulting is one profession where an MBA is mandatory to grow to an Associate or higher levels. So, the lack of an MBA degree may not be a show-stopper but it will be a huge reason for career stagnation.
Second, an MBA should help you migrate to a different functional role. If you are currently in a technical domain and wish to enter the marketing landscape, an MBA would necessarily prove to be a much needed catalyst. It is quite noticeable that one of the most important reasons why professionals choose to do an MBA is to change career tracks smoothly.
Third, an MBA should necessarily make you more knowledgeable – the knowledge that will help you progress in your career. Such knowledge will only come from having interaction and intellectual debates in top B-schools that combing innovative and effective medium of instruction interspersed with case studies, presentations, projects, research papers etc. If you are joining a typical two-year MBA program, in the first year you will have the core curriculum consisting of marketing, accounting, finance, statistics, economics, management, organization behavior etc.
Fourth, your choice of MBA needs to provide you ample networking. Networking at business schools means that you will be carrying the same tag as thousands of alumni. You may or may not have studied together, but if a Harvard alumnus receives an e-mail or a job request from another Harvard alumnus, or is interviewing a candidate who went to the same school, there will be an immediate bonding between them, something like an Old Boys Association! We all want to be identified as part of a group of high achievers. Doing an MBA from a reputed B-school gives you a great opportunity to network with smart, talented people who will hold top strategic positions in major companies or will be great business leaders someday.
Last, an MBA of your choice should necessarily carry high esteem. While an MBA would necessary sets up apart from the rest, doing an MBA from a top-ranked B-School will truly be more attractive to your prospective employers. An MBA from a reputed B-school gives you a certificated hallmark that you are competent to become a successful leader in near future. As the job of assessing a candidate is already done by the MBA Admissions Committee, recruiters are well-assured of your potential.
International Institute of Business Studies – IIBS, by virtue of a leading B-School with impressive ranking and placement credentials, qualifies to be an enabler of your academic and career aspiration in corporate world. To help students and aspiring professionals get an instant access to global quality management education, IIBS has strategically set up its campuses at country’s MBA hubs – Bangalore, Noida, and Kolkata.