Suchitra Surve

Director – Growth Centre India Private Limited

WHY MBA???

why-mba

Why an MBA?

Master of business administration–M.B.A.: three little letters on your resume and trade in for big bucks? Or just another academic ornament to impress your high school classmates? Depending on the decade, or even the year, the M.B.A. degree is either the hottest ticket in town or as passé as confederate currency.

A more crucial ingredient of the MBA degree is fully equipping the candidate with required parameters and development of related potentialities to do justice to the job.Prepares students to take a leadership role in business as senior managers in large corporate environments.

Management provides a solid foundation for facing the challenges of a rapidly changing and highly competitive business environment. This course introduces the fundamental management functions of planning, decision-making, organizing, leading, and controlling, as well as the tools and techniques of managing people, processes, projects, and the work environment. Students explore current issues in management and gain insights into how successful organizations operate.

Techies are choosing the MBA route to advance their careers.  Knowing how to crank out code isn’t enough.
For programmers, database analysts and lots of other techies, the path to a management job isn’t always a clear one. Increasingly, technology pros are choosing another route entirely by pursuing MBA degrees — sometimes in specialized “techno MBA” programs — in order to speed up their march toward the executive suite.

Business school, with its coursework in finance, marketing, accounting and other topics, offers a way for techies to gain a respected credential in areas in which they have limited knowledge.

Techies who pursue an MBA end up knowing the fundamentals of decision-making in business, as well as technology — a combination in demand, often translating into promotions and higher salaries.

If you’ve got a technical background and you’re thinking about an MBA, consider what sort of program you want to pursue — a more traditional program, like those at schools with longstanding reputations, or one at a program that’s geared toward students who want to develop or maintain a technology focus in their move up the corporate ladder.

The newly lofty pay scales for exiting B-schoolers isn’t entirely a reflection of their intelligence and maturity.

A majority of M.B.A. students use their degrees to shift occupational gears. As many as 75% of all full-time M.B.A. students change either their fields or the type of jobs that they do after leaving school. B-school education, “was an experience that would help me to understand and be comfortable in a high-level business environment.”

MBA VALUE & SCOPE:

MBA’s true worth lies in three areas: educational value, relationship development and access to opportunity. Students aspire to do MBA to get equipped with complete knowledge of business administration and later get a lucrative job.

Any comprehensive Management course should is not restricted to only the time-frame, but aims at preparing the future management professionals with global knowledge and varied experience.
These rich opportunities can turn the gobs of time and money that it takes to earn a business degree into lucrative investments.

Updated: July 7, 2016 — 4:42 pm
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