The charm of achieving an MBA degree is hard to ignore. The immense opportunities it opens in front of the students lead more and more students to opt for MBA. While opting for graduation, students plan their future, which is most commonly, to pursue MBA from a top B-school.
Lakhs of aspirants prepare every year to tame the CAT and other MBA entrance exams, such as XAT, MAT, ATMA, NMAT. Many national magazines release annual surveys on business schools rankings. And, lest we forget, there are tons of MBA coaching centers that promise to help you prepare better for these MBA entrance exams - and get that prized degree!
If you are planning to pursue MBA, then the first question you should have the answer to is ‘Why MBA?’ To answer this very important question we need to first analyse the reasons which lead people to run after this golden degree?
The appeal of MBA not only lies among the graduating students, but working professionals as well. For the students, the attraction lies in the lucrative career it offers after the completion of the course. For the working professionals, MBA is the step which can take them even higher in their career. Though the last two years bore the wrath of recession but now it can be safely claimed that the economy is in a much safer state than two years back, owing to the healthy placement reports of the top B-schools this year.
If you are wondering how an MBA would act as a launch pad for your career, then the first thing you must remember is that an MBA from a good B-School is a long term asset, and will be valuable to boost your career after the completion of the course.
It is a common notion that MBA is opted only if you want to be an entrepreneur or want a corporate job. Though it is true that with MBA your dream to pursue corporate career gets better, but that does not mean that MBA is restricted to only this.
The benefit which the students get while doing MBA is acquiring various knowledge and skill set. “An MBA student in an MBA program gets an opportunity to understand and equip with various knowledge and skills set required in any organization.
After obtaining the MBA degree, you will not only be able to pursue the career of your choice but would also be able to showcase your unique ideas.
Though it is true that one of the benefits of MBA is a high paying career, but this is also true that to achieve that height in your career, you should be able to prove yourself in the responsibility given.
MBAs are hired by all sorts of organizations like banks, media houses, retail stores, consultancy firms, FMCG companies to name a few in the roles of marketing, Human Resources, Operations etc.
This year the MBA students have been recruited in large numbers in sectors like BFSI, Consulting and FMCG. Apart from these sectors, IT sector has also recruited in high numbers. This year, the average salary has seen an upturn amongst the B-schools. The average salary in the top B-schools range from Rs. 13 lakh to Rs. 15 lakh per annum.
With the economy in the upswing and positive sentiments across the industry this is the right time to join an MBA. For any of your queries on MBA you can write to us at [email protected].
The road to MBA is full of greenery if you are ready to face the tough challenges ahead.
Stay tuned to MBAUniverse.com for more on MBA Admissions 2011.
