MBA has become the top choice among the students, irrespective of their educational backgrounds. Not only BBA graduates but also the graduates from engineering and other backgrounds want to pursue an MBA as their master’s degree education.
In fact, 82% of the students, who registered for CAT 2019, were engineers. Management education in India holds an immense significance since it is the most in-demand discipline every student aspires for. Have you ever given your mind a strain why there has been a fad about management education?
Let’s understand what gives the students reasons to pursue an MBA or how an MBA helps in their overall development.
Decision-making Ability
While studying concepts of management, the students are nurtured with decision-making abilities with proper risk monitoring and mitigation analysis. Not only does it help them in getting a grip over business decision-making, but also the crucial decisions of their lives more precisely and confidently. MBA is the only course which covers this characteristic broadly.
Analytical Skills
Analytical skills are imperative from the perspective of a business. If the drivers of the business are good at analysis, they can analyse the movement of competitors and potential threats to the business well before the crisis. The popular process ‘SWOT (Strength, Weakness, Opportunities, Threat) Analysis’ is one of the major theories explained in management books only.
Managerial Traits
“An employee doesn’t leave a company, he leaves a boss.” This phrase says it all about how badly the organizations look for efficient people to handle managerial stuff along with employee satisfaction. In MBA, the managerial traits are taught to the students with theoretical concepts as well as experiential subjects to polish their managerial traits.
Leadership Characteristics
You should do it or we shall make it – these two approaches differentiate between the boss and the leader. Who do you want to be – a boss or leader? We all want to become a leader on professional as well as personal fronts of life. MBA is the best way to earn the traits of leadership and pave your way towards leadership jobs in a professional environment.
Growth Opportunities
Obviously, intuitive as well as monetary growth is the ultimate goal of ours right from the time we go for higher studies. An MBA degree helps you grab the attention from top recruiters for the highly paid positions within the top or mid-level management. Fatter paychecks are guaranteed with an MBA degree if you have invested your 2 years seriously to earn it.
Entrepreneurial Mindset Development
Are you the one who has been in the planning of a start-up with your college gang? Just a reality check – on an average four start-ups register daily in India and only 5% of them make it big in the future. In such a bottleneck competitive phase, an MBA degree is the perfect way for entrepreneurial mindset development and you can make it to the league of those 5% successful start-ups.
If you are a graduate and planning for a master’s degree, then MBA should be on your top priority.