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Why an MBA?

Let’s face it – even the best of us go through a period in our careers where status quo, boredom, lull, or call it whatever, tends to set in. For most 20 something youngsters, this tends to happen 3 to 5 years into their first job. Understandably so because the road ahead is still long, the world keeps on changing and the career goals are still in a flux, along with a remorse of “why did I pick that major during my undergraduate studies?”  An MBA degree is one of the solutions; a degree that is obtained after a bachelor’s degree or equivalent, and is earned through a full-time, part-time, accelerated or executive program.

There are a variety of reasons why an MBA degree is so sought after. One or more of the following reasons might be a motivation to get an MBA degree.

·        An earnest interest in the field of business

·        A desire for a career change

·        Seeking career advancement

·        Attraction to leadership roles

·        An urge to increase your earnings/earning potential

·        To attain the mindset of a business person and gain credibility with business peers

·        To become a better communicator in the business world and learn to interpret business charts, graphs and statements

·        To deepen expertise with real world applications in everyday business and learn to use tools to organize business activities and manage business processes

An earnest interest in the field of business is the best reason to get a degree in Business Administration. If you have always had an interest in business and want to become involved in this field it is definitely worth your while to devote two years of your time to this task.

A desire for a career change or to switch industries, or to make yourself marketable in a variety of fields, is also a good reason to pursue an MBA.  The degree provides you the opportunity to learn general business and management essentials that can be applied to any industry. There might also be an opportunity to specialize in a particular area of business, like accounting, finance, marketing, or human resources. Specializing in one area prepares you to work in that particular field after graduation irrespective of your undergraduate degree or previous work experience.

An MBA can open up a new world for you. An engineer can become an investment banker. An investment banker can pursue product management. A product manager can become a consultant. The possibilities are many. So, when you make the decision, do take the time to introspect on and evaluate your career goals

Author: Akshara M

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