Students about to graduate and looking for postgraduate degrees always consider the MBA degree. This degree has a hard admissions process and requires a considerable amount of investment in the form of course fees. This is an important decision that should not be taken lightly. An MBA can impact an individual’s life in more ways than one.
There are many university in Chhattisgarh that have thousands of students applying to them every year. These students go on to have successful careers. When asked why they chose to enroll in an MBA, they would state different reasons. Some of these reasons impact most like better jobs and salaries while others depend on the individual himself. Let us explore some such reasons to pursue MBA.
Why Should Students Pursue MBA?
The reason to pursue an MBA is extremely personal and depends on the individual who is enrolling in it. However, there are some common reasons that affect all MBA students. Some of these reasons have been elaborated on in short below.
Networking: MBA courses are excellent places to network and meet new people. Over the duration of the course, the average student is interacting with many students, faculty, and industry experts. Fostering these relationships is essential for success in a career. There is no knowing when this very network will come in handy. Whether it be when looking for a job or when looking to hire someone, this is where the network will help. Even if it is just for simple advice, these relationships last a lifetime and give back full of their value.
Job Opportunities: It goes without saying that by earning one of the many MBAs from MBA colleges in Chhattisgarh and India, graduates get access to more job opportunities in higher ranks. MBA students are trained to possess the right technical and personality skills to work in any employer. Moreover, MBA students have experience through internship and case study-based learning of working in a business atmosphere. Employers want their employees to be critical thinkers and have analytical skills, all of which MBA students are.
Salary Scale: The goal of any job seeker is to find security in their job and access to high salaries. MBA students have some of the best salaries among other degree holders. This salary will further change according to the specialization of the MBA course. For freshers, the starting salary range is between INR 5,00,000 to INR 12,00,000 LPA. This is higher than when one is applying with a simple bachelor’s degree. Over time when the candidate earns more experience, they become eligible for higher salaries. The major reason for this is because of the way MBA students are trained and the skills they have.
Specializations: One of the top reasons to pursue an MBA is the number of specializations available. The best management colleges in India offer concentrations in Finance, Human Resources, Marketing, and International Business. Students get the chance to explore all possible subjects that they wish to pursue their careers in. Each specialization has its own distinct career path and separate salary charts. One can even look into pursuing working internationally with these specializations. MBA programs also allow students to explore new subject areas like Entrepreneurship, Data Analytics, and Consulting. Most universities also allow their students to earn two concentrations at the same time.
Soft Skills: MBA courses hold exclusive classes to groom students’ personalities. Most course syllabuses teach corporate communication topics like how to write emails and reports. Other forms of communication, notably, non-verbal communication forms are also taught intensively. Taking care of body language, reading the client or customer’s emotions, etc. Not many postgraduate courses have soft skills training for their students. This gives MBA graduates a leg-up over other graduates when looking for employment. These individuals know how to think critically, network, work in teams and make for good leaders.
Change in Career: As soon as MBA admission 2022 season rolls around, many applicants, working or not, apply to MBA courses. This is due to the reason that MBA courses are perfect to make a switch in careers. Many individuals find themselves stagnating in their careers with no scope for growth. Others find themselves lacking the passion to pursue their set careers. An MBA with its choice of specializations opens up a new world to them. There is a chance for a fresh start and work at something that they are passionate about. This is because MBA courses accept not only Arts and Finance students but also individuals from Science and Engineering backgrounds.
Entrepreneurial Spirit: An MBA is a perfect degree to pick for individuals who wish to start their own business. This is a management course where students learn the tips and tricks to start an entrepreneurship. Most professors are experts with real-life experience in setting up businesses. Combined with the immense networking opportunities and learning technical and soft skills, MBA graduates are the perfect people to go the extra mile to make a dream into reality.
Meeting People From Different Cultures: MBA programmes, especially at top-ranking universities, are a melting pot for different cultures. Students from across the world take admission. During the two years duration, these students interact with each other and learn from people with different personalities, diets and languages. This helps in widening their perspective and they are able to better survive in new situations.
Knowledge of Global Business: MBA courses in International Businesses and even general MBA, in particular, teach students about how businesses operate across the world. From national export-import laws to finance all aspects are taught. Multinational corporations, in particular, require candidates who have the right communication skills and technical qualifications to work in their international locations. For such roles, between an MBA and an average master’s degree, the MBA applicant is much more desirable.
Prestige: MBA degrees hold a certain degree of prestige in society. Like Engineering and Medical degrees, MBA degrees are difficult to get into and the course is also challenging to complete. Graduates are also able to apply to the best jobs nationally and internationally with highly competitive salaries. MBA degree holders are able to live comfortably within society and have pride in their hard work.
Access to Top Employers: Major employers in India and around the world look for individuals specifically with MBA degrees. Most of these employers do not hire individuals with a simple master’s degree. The MBA degree sets them apart from the crowd. Better employers mean better jobs and better salaries. The experience certificate from such a company is worth its weight in gold later on when looking for jobs.
MBA degrees are offered at every cornerstone university now. However, they are still just as competitive to get into and course fees are high. Why do so many students still choose to pursue it? That’s because an MBA degree opens up more jobs, salaries, and even personality development. There are many more benefits that will differ from student to student. Whatever one’s career goals are, the MBA degree will help one reach them.