At its core, a decision to pursue an MBA is a decision to take ownership of one’s career. We hear often from students about the desire to explore and to move their careers forward in new ways it is often believed that they want to have greater impact and refuel their passion for work—perhaps find even more meaningful work. They want to hone their leadership skills.
So, what can you do with an MBA? An MBA will offer you a wealth of advantages, especially when it’s from a well-regarded business school. Getting a high MBA salary after graduation, landing a management position, developing a strong professional network, or even becoming your own boss are just a few of the advantages of studying an MBA degree. Why go to business school? Here are a few reasons to support the same.
Access to an extensive business network
As an MBA student, you have great networking opportunities. You’ll interact with fellow students, professors and teaching staff. When you join an MBA program, you will be spending your busy days with other ambitious and dedicated people who may end up being your business partners, competitors, employers, lawyers, accountants or suppliers. And this context will expand your business management capabilities. Finally, you gain access to the extensive alumni network of that particular MBA program. Mba placement colleges in bangalore also provide an extensive business network.
Having those three letters after your name will certainly open many corporate doors for you, even in today’s difficult times in almost every country. Furthermore, a growing number of more creative industries which traditionally have not been known to require an MBA degree such as advertising, public relations and even NGOs, have seen a significant increase in MBAs joining their ranks and adding excellent value to their operations.
Excellent financial return
According to the Financial Times’ 2011 business-school rankings, b-school graduates see a salary increase of no less than 60 per cent after graduation. Many of the highest paying corporate jobs are reserved for people with MBAs, and in some cases, an MBA will translate into years of meaningful experience in the eyes of people offering you jobs. According to a recent US News survey, the average MBA holder earns $90,000 per year five years after graduation. Top mba colleges in bangalore for placements offer an excellent financial return.
Boost your creativity
The intense and challenging environment of an MBA program will encourage you to think out-of-the-box to find new and ingenious solutions to various business problems. That and benefitting from the creative thinking of your fellow students and visiting executives too will probably be one of the most valuable assets for your MBA studies. Managers and CEOs are indeed very knowledgeable and serious people, but creativity and innovativeness are what set real leaders apart. If you have it in you, the business school will bring it out and will provide the most fertile environment in which it will blossom and thrive.
While getting an MBA requires plenty more research and self-reflection than this article can get into. Whether or not you decide to go to business school is a very personal choice—you have to figure out if it’s right for your career and no one else’s.