November 24, 2010

Why MBA???


 
Dear friends, at the time of PI( Personal Interview) almost all the aspirants face a common question- WHY MBA???
Have you ever thought about it. Almost all of you might know the answer too but still there are so many students who get confused when they are asked - “Why do you want to be an MBA?”
As the GD/PI session of various colleges are going on and you may also face the same question, so let us help you in order to get the answer.
TODAY, almost all the students, no matter he/she is B.Tech., B.B.A., B.Com., B.A. Or any other background; look for MBA or management education as a panacea for success in corporate and professional life.
Do you know why??
There are some reasons for making MBA or management education such significance in today’s world. Those reasons are as follows:
First of all, corporate structures are changing with change in time and market: happenings like start-ups, mergers and acquisitions are now an expected part of the corporate life-cycle.
Secondly, the new corporate environment is in process of shifting from the familiar competitive model to a more collaborative model that values performance of teams’ as much as individual contribution. So for this one needs to be able and flexible enough to cope up with these changes.
Finally, an understanding of technology and information systems, including the internet and other communications advances, is extremely vital to be successful. Thus one needs to understand these things too.
Management programme (or the MBA) covers these areas thoroughly. Hence, management education can contribute to a successful career. MBA degree gives an edge over other employees or candidates for managerial positions. In fact, some companies require managerial candidates to get a management degree to qualify for a management position.
Some would argue that management education is a waste of time and money, and that one can succeed without a MBA tag in one’s curriculum vitae. Although a management degree is just one of many contributing factors in career success, graduate degrees such as an MBA have their own merits, and would prove to be an advantage when one is vying for a managerial position.

The following are some of the other reasons why management education would make good ‘business’ sense:-
Young professionals with MBA degrees or pursuing management education are viewed to have more potential for promotion to leadership or managerial positions than other candidates, which can easily be translated to savings and profits on the cost of staff hiring and training.

Those with MBA are considered to be serious about their career growth. People holding a management degree are considered as forward-looking professionals who step ahead of their peers, and are innovative, creative, and visionaries. Management professionals are considered as good and well-informed business decision makers, who value statistics, careful studies, and planning while taking calculated risks. Those with management education are found to be aggressive and tenacious in any undertakings.
But it is not so easy to be an MBA too. Getting an MBA is a result of hard work and perseverance in itself because of stringent requirements than a bachelor’s degree. As there is a mob which is holding MBA degree, so becomes difficult and challenging to prove yourself. That’s why; candidates prefer to be an MBA from one of the best B- Schools.
So, please think before joining any B-school that is that B-school is going to help you in being efficient enough as the market wants you to be.
Thank you

{Source of Information:- Magazines and Internet}
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