• Having a master's degree in business administration is necessary for those who want to gain an advantage in this ultra-tough industry. It is one of several business degrees that provide a huge impact on a professional's salary and career advancement options.
• A Masters of Business Administration (MBA) can help you move up the career ladder at a large corporation significant
WHY MBA ?
An MBA is one of the most coveted postgraduate degrees today not just for business professionals, but for college graduates in general. Having a master's degree in business administration is necessary for those who want to gain an advantage in this ultra-tough industry. It is one of several business degrees that provide a huge impact on a professional's salary and career advancement options. Being an official Master of Business Administration is also an attractive endeavor for professionals outside the industry because the program touches different fields and sectors. Overall, MBA training is a valuable asset regardless of the career path chosen by college graduate
It is a degree designed to give you the ability to develop your career to its fullest potential, at an accelerated pace. What will you get out of an MBA? Aside from a powerful life experience, the MBA degree should supply three main value propositions: Skills, Networks, and Brand
•SKILLS
These include the "hard skills" of economics, finance, marketing, operations, management, and accounting, as well as the "soft skills " of leadership, teamwork, ethics, and communication that are so critical for effective management. MBA students acquire these skills inside and outside the classroom. Since MBA programs attract people from very diverse industries and cultures, a program should be able to leverage these differences and translate them into learning opportunities.
•NETWORKS
An MBA degree program offers access to a network of MBA students, alumni, faculty, and business and community leaders. This network can be very useful when beginning a job search, developing a career path, building business relationships in your current career, or pursuing expertise outside your current field. For example, entrepreneurs need access to capital, business partners, vendors, and clients. Arts-related businesses need access to funding and strategic management in order to position themselves to be relevant in the marketplace. Global businesses need access to local business cultures as they expand their enterprises to new territories.
•BRAND
The MBA degree is a recognized brand that signifies management and leadership training. The particular school and type of MBA program you attend also have brand associations that can help open doors based on the school's reputation. The strength of a school's brand is based on the program's history, its ability to provide students with technical skills and opportunities for personal growth, and the reach of its alumni and industry network. A powerful brand can give you the flexibility to make changes throughout your career.
EMPLOYABLE SKILLS GAINED BY MBAs
•Academic achievement: demonstrates application and high standards of performance;
•Communication skills: listening, speaking carefully and clearly, the ability to put across your arguments fluently in writing;
•Analysis: distinguishing relevant from irrelevant information, identifying issues and problems;
•Commitment: seriousness of purpose, demonstrated both by taking time out from your career on a reduced salary (or no salary) in order to improve your qualifications and By combining work and part-time study;
•Practicality: realism, ability to set attainable goals;
•Maturity: tenacity, independence, organization;
•Decisiveness: fact-finding skills, clarity, judgment, courage;
•Intellectual creativity: the ability to develop new concepts and ideas;
•Capacity for hard work: embodying self-motivation, self-discipline and time management;
•Group skills: teamwork, leadership, ability to motivate others;
•The mastery of IT skills: knowledge of statistical packages, spreadsheets, databases and programming languages;
•Cross-cultural awareness: working with fellow-students from many different nationalities and backgrounds.
Answer
•To become a manager.
•Earn a good salary.
•To develop better critical thinking and interpersonal skills.
•To sharpen strategy and tactical skills.
•To broaden ones scope.
•To analyse organizational methods and procedures.
•To enrich ones life and develop the personality
•To take on more responsibilities
•To expand ones network
•To step to a higher level within a career
•To learn approaches to solve real life problems.
•To increase motivation and perormance
•To learn to use power appropriately
•To learn the art of influencing people
•To become more marketable
•To learn negotiation dynamics and risk management skills.
•To learn the methods for building energized teams.
•To develop a global mindset and to lead change.
•To learn the importance of cultural sensitivity and social responsibility.
Unitedworld Executive.
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