WHY TO TAKE UP MBA

Published on December 2016 | Categories: Documents | Downloads: 25 | Comments: 0 | Views: 218
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Basic Reasons behind taking up MBA as a Career option and the benefits involved therein

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MBA – the other side of it.

Why MBA is important is the question one want to know more. Today worldly state stresses the importance of higher education though we had achieved certain success in career wise. One of the most recognised degree is MBA, which stands for Master of Business Administration, has been one of the most extensively pursued master's degree across the globe. Usually, it has been now labelled as a 'preferred' qualification or as a requirement now in work resume. The MBA aims to build on the foundations of work experience and, by providing new skills and knowledge, to enable the student to make the transition to a higher level of responsibility. Through MBA filtering process, the best students with the best reputation can be selected from a pool of candidates.

MBA stands for Maters in Business administration and is the highest level degree in business administration. MBA Was Originated in United States and now MBA Has become A Respected degree that is attracting people from all around the Globe from various academic disciplines. There is always an increasing Demand for Skilled Mangers in any Organization or any institution as the environment of various organizations that includes there economic, political, competitive, regulatory and cultural factors is becoming more and more complex day by day. Only such skilled people can tackle the difficult demands facing organizations of all kinds by their Courage and energy. Some very important skills of a successful manager includes skills in decisionmaking, financial analysis, and Most importantly Ability to maintain Pleasant interpersonal relationships that are The first and the foremost Demand in any Organization to stand Strong in today’s Competitive Market. Also a successful manager should be able to apply those Abilities in context of constraints, opportunities, and alternatives to make the best possible Use for the available Resources. Thus professional management training programs are Focusing on crating a meaningful premise that people can learn and sharpen their managerial skills within it. MBA programs also teach the management students how to theoretically solve many business related problems that can arise in common day to day corporate environment. According to a recent research the fact of importance of MBA degree in Corporate arena had been revealed that more and more organization are now making it compulsory for their most p[promising managerial personnel to have an MBA degree. Even some of those organizations

are even ready to partially or fully sponsor the MBA degree for their managers in any of the available forms of MBA courses. Thus they understand that it is a Les loss-More gain situation for them as their managers will become more skilled and able to tackle more corporate world day by day problems in a more effective way saving both time and available resources. Thus MBA has become a need if a person wants to raise in his/Her fields and it is a common Requirement now for all of Professionals especially for hose that want to sharpen their Skills to become more valued and thus get more Rewards in terms of Finances and respect.

MBA - package matters!
MBA stands for Masters in Business administration. Originated in the United States it is the highest level degree in business administration. There has always been an universal and increasing demand for skilled managers in all disciplines may it be Government or Private sector, Banking or IT sector, Manufacturing or services, Insurance and investment banking , Research and consultancy and the list goes on. Besides the pool of managers opting for high profile jobs, there is also a different cadre of MBA’s who have established themselves as successful entrepreneurs. Irrespective of whatever discipline one belongs to, there is always an opportunity to pursue MBA anytime, anywhere. What is the Success mantra for an MBA grad? It’s the four P’s. Placement, Profile, Prospect and Package. The last P of course matters the most. Package does not only mean the lucrative salaries what corporates offer, it also means an individual’s potential and skill set. Reputed companies have a keen eye for certain qualities in the candidates, apart from their academic records while hiring their future employees. They look into for a complete package which comprises of the following :  Domain knowledge about their respective specialization along with the generalized knowledge of surroundings.  Communication and Networking skills which have to be acquired, developed and mastered upon during the tenure of the course. This important quality not only helps in personality grooming, but it helps to create network all over the globe.  Presentation skills to express and present required matter in crisp, clear and interesting way.  Analytical skills to analyze situations and take competitive decisions.  Wide perspective to help widen way of thinking and how one is able to handle crisis in professional and personal life. Strong ethical values coupled with discipline, commitment and dedication.  Self assessment of oneself and his/her aspirations to recognize the strong points and flaws, and work towards perfecting them.  Confidence to present confidently in front of others no matter what your academic performance is.  Lastly working harmoniously within a team is vital for triumph in any endeavor. Finally I conclude saying “You will have the power to demand the highest price when you have the best packaging!”

- Sonal Revankar, Faculty, MBA

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