Deciding to study an MBA is a big decision to take for aspiring global managers. If you’re preparing to enter the competitive business world of today, we believe MBA will help you a lot. It will offer you a wealth of advantages, especially when it’s offered by a top business school with a very good reputation. Here are 5 good reasons why you should do an MBA.
1. Develop priceless managerial skills
An MBA education is usually pursued by young professionals with a minimum of two years of work experience and even by senior employees that feel up to the challenge. After some time in the professional life, it is in the human nature to conform to a certain repetitiveness and to avoid taking risks. MBAs and their connected specialisations will teach you a lot about everything that makes a company tick.
You will learn how to:
- Manufacture, and sell your products
- Gather and interpret industry data
- Hire the right people and keep them motivated
- Know when to make the tough calls
Studying a MBA forces you to get out of your comfort zone, deal with the latest issues in international business, apply the newest management techniques and constantly challenge yourself.
2. Get free access to a large business network
As an MBA student, you have great networking opportunities. You’ll get to know and interact in a context that accentuates your business management capabilities with colleagues, professors and teaching staff (usually former or current potent business people, with great management experience).
Furthermore, if you are not doing a Last but not least, you gain access to the extensive alumni network of that particular MBA programme. Your connections will give you a great overview of the business world, and a deep understanding of the slightest changes in the business environment. You can reflect on some big business issues, make connections between various global events and world affairs.
3. Better chances for a higher salary
The average salary for an MBA graduate is considerably higher compared to the salary of an employee with a regular Master’s degree qualification. You can expect to earn twice as much as what you would expect to earn from a regular university degree. In two-three years’ time, you cover the investment made in your MBA education.
4. Start your own company from scratch
Many students choose an MBA because they want to become entrepreneurs and learn how to run a successful business. They have an idea and a big dream and want to know how to turn them into reality. An MBA programme will help you acquire the knowledge and business practices that are needed to or help an existing business grow and develop.
5. Open the door to thriving career opportunities
Due to their qualification, graduates of an MBA programme have higher chances of obtaining and holding a high-level management position. of the MBA graduates worldwide are senior managers or board directors. This type of position brings along a higher salary but of course also a higher responsibility and longer working hours.
Sounds interesting? Check top MBA programs on Sqore and get a chance to win scholarships.