An MBA in one's resume is akin to a five star rating in hotels and places the holder at least a step ahead of the pack in the crowded job market. As today's marketplace evolves and becomes increasingly complex, many employers are choosing to balance their need to retain good employees with their need to fill managerial positions with candidates possessing advanced-level knowledge and skills. They're doing this by sending selected employees to business school - and footing the bill.
In the United Sates alone, in any given year, there are close to 300,000 MBA aspirants pursuing the MBA degree. What is significant is that this is also true all over the world and is a further indication that an MBA is a desirable quality in the increasingly competitive world job market. It would be interesting to ask if MBAs are that good, or are they overrated? Some facts below should shed light on the foregoing question.
Business Knowledge: An MBA program and business schools provides an in-depth and broad study of the business world. You learn about business strategies and concepts, not just on paper, but the training and internship required in an MBA course, teaches you how to use these skills in practical life and in day to day business operations.
Leadership Abilities: The MBA aspirant undergoes management skill trainings, report preparations and analyses, presentations and justifications of project studies, and evaluations and handling of given situations. The end product is an above average grasp of and preparedness to handle business situations that sets apart the MBA graduate.
Buddy-System: Graduates of MBA courses have a gentlemen's agreement of mutual cooperation and preferential treatment that is invaluable in the actual conduct of business. MBA graduates have often felt that the associations formed during the MBA course are resources that are invaluable and can be drawn upon for years after the MBA degree has been achieved.
Career Prospects: An MBA degree is a built-in advantage that will tilt the balance in favor of the graduate in the job market and corporate ladders. They are considered as experts in their chosen fields and are recruited and placed in high paying managerial roles. Under most situations, an MBA degree is an indispensable asset that will open doors in the job market or pave the way towards a steady climb in the corporate ladder.
In the United Sates alone, in any given year, there are close to 300,000 MBA aspirants pursuing the MBA degree. What is significant is that this is also true all over the world and is a further indication that an MBA is a desirable quality in the increasingly competitive world job market. It would be interesting to ask if MBAs are that good, or are they overrated? Some facts below should shed light on the foregoing question.
Business Knowledge: An MBA program and business schools provides an in-depth and broad study of the business world. You learn about business strategies and concepts, not just on paper, but the training and internship required in an MBA course, teaches you how to use these skills in practical life and in day to day business operations.
Leadership Abilities: The MBA aspirant undergoes management skill trainings, report preparations and analyses, presentations and justifications of project studies, and evaluations and handling of given situations. The end product is an above average grasp of and preparedness to handle business situations that sets apart the MBA graduate.
Buddy-System: Graduates of MBA courses have a gentlemen's agreement of mutual cooperation and preferential treatment that is invaluable in the actual conduct of business. MBA graduates have often felt that the associations formed during the MBA course are resources that are invaluable and can be drawn upon for years after the MBA degree has been achieved.
Career Prospects: An MBA degree is a built-in advantage that will tilt the balance in favor of the graduate in the job market and corporate ladders. They are considered as experts in their chosen fields and are recruited and placed in high paying managerial roles. Under most situations, an MBA degree is an indispensable asset that will open doors in the job market or pave the way towards a steady climb in the corporate ladder.
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