5 Very Good Reasons to Do an MBA

What is an MBA?

The Master of Business Administration (MBA) is an internationally-recognized degree designed to develop the skills required for careers in business and management. An MBA can also be useful for those pursuing a managerial career in the public sector, government, private industry, and other areas.

most MBA programs include a "core" curriculum of subjects, such as accounting, economics, marketing, and operations, as well as elective courses that allow participants to follow their own personal or professional interests.

Scope of MBA course in India?

MBA is one of the most popular as well as widely chosen courses amongst the other entire business related course. This is because MBA has its own values that make it superior to other courses, and hence it has wide scopes and job prospects.

Jobs & Career The students, who have done the MBA in finance, have a lot of

job opportunities in government and the private sector. He/she can be a part of the stock market, top-notch organization, and related organizations.

You can play the role of following positions in an industry: Asset Management Corporate Finance Corporate Banking Credit Risk Management Derivatives Structuring Hedge Fund Management Private Equity Treasury

Salary Packages for MBA

It is a good paying degree course. Salary is no bar for the qualified and skilled one. A financial manager can earn Rs. 3 to 4 lacs per year.

Salary of an MBA in Finance qualified can also depend upon the working experience, qualification, recruiters, geographic location of the organization, etc.

Good Reasons To Do An MBA

1. Higher salary

The average salary for an MBA graduate is considerably higher than that of an employee with a regular master qualification. For MBA graduates the average salary ranges from 70.000 $ (in governmental or non-profit Institutions) to 120.000 $ (in consultancy, finance or healthcare). That is almost twice as much of what you can expect to earn with a regular University degree.

2. Better career opportunities

This advantage of an MBA degree goes hand in hand with the first one and it is actually the cause of the first one. Graduates of an MBA programme have, due to their qualification, higher chances of obtaining and holding a high-level management position. It is estimated that 70% of the MBA graduates worldwide are senior managers or board directors.

3. Better consolidated business network

if you are not doing a part-time MBA next to your job or within your company you have good chances to meet potential employers through the various internships that are part of most top MBA programme. Last but not least you gain access to the extensive alumni network of that particular MBA programme and of others (professionals with key positions to whom you already have a direct link through the MBA education you possess).

4. New skill and knowledge acquisition

Studying a Master of Business Administration forces you to get out of your comfort zone, deal with the latest issues, apply the newest management techniques and just constantly challenge yourself, your practices and your approaches. And that will continue after graduation as well, as an MBA also provides you with the channels that will keep this challenge alive and push you to continuously improve.

5. A holistic perspective on the business world

These things together give you a great overview of the business world, a deep understanding and a certain receptiveness to the slight changes of this environment. This type of overview and sensitivity is very hard to achieve without spending a lot of time on it. Also, as a regular employee, your access will be restricted to much of the relevant information.

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