Pursuing an MBA (Masters of Business
Administration) degree can greatly help you to give your career the perfect
head start. It will not only improve your employability in this globally
competitive economic scenario, but an MBA degree will provide you excellent job
opportunities that will enable you to advance your career to great heights. You
will be able to stay ahead of your competition by learning various essential business
management concepts. After becoming an MBA graduate you will be able to apply
for a wide range of jobs in various professional fields. For example, you may
opt for a career in logistics management or marketing, while one of your
classmates may get in project management or public relations.
Value of MBA in Today’s Economy
MBA degree has gained prominence over the
past few years as many students are now getting enrolled for business
management courses for their postgraduate degree. At present it is considered
as a highly valuable degree as MBA student have an edge over others in the
corporate world. An MBA graduate usually gains expertise in business and
administration and thus significantly helps a business to grow.
Demand of MBA in Today’s Economy
As a result of privatisation, liberalisation
and globalisation, business and communication has developed a lot in the recent
years. Hence most organisations are looking for professionals who are equipped
with the necessary know-how and can effectively manage business operations.
Nowadays, the employers expect new recruits to perform from the day of joining,
as training requires investment of both money and time. A traditional or Online MBA program prepares you for the
challenges of the corporate world so that you can significantly add value to
the business. So students with degrees in management studies do not find it
difficult to get a rewarding job.
Career Prospects in Today’s Economy
According to a study conducted by GMAC
(Graduate Management Admission Council) professionals with MBA degrees can
expect excellent job prospects with lucrative pay even in this uncertain economic
scenario. The report mentions that 76 per cent of recruiters planned to hire
fresh MBA graduates in 2013. Most employers also planned to recruit graduates
who completed other business-related courses.
Most of the employers who were surveyed
expected to recruit graduates in finance, accounting, marketing and management.
Denise Baker, the Assistant Dean at the Sauder School of Business (University
of British Columbia) said “While employers are still cautious about the
economy, we continue to grow the number of both MBA internship and permanent
job opportunities.”
The popularity of MBA has increased
manifold in the recent years as employers prefer hiring business management
graduates worldwide. Some of the reasons for this increasing popularity are as
follows-
MBA degrees offer career stability and job
security. After you have completed an Online MBA program, various doors will open up for you to begin a lucrative
career. As a skilled and trained professional with a management degree you will
receive excellent job offers with prominent designations in globally-renowned
companies.
Rewarding
Salary Packages
One cannot certainly rule out the importance
of money. Even though it may not be the most important thing, but in this
unpredictable economy the importance of money cannot be overlooked. A MBA
degree programme will offer you financial stability throughout your career.