Why should I pursue my MBA?
In today’s world of massive competition, each of us is under pressure to perform better and scale up quickly in your career. One can do this two ways: work extremely hard and smart to achieve an exponential career growth or enter into a b-school and create a launchpad for yourself that would catapult your career – choice is yours.
With the first choice, you would need a bit of luck, a good coach and mentor to guide you through out. You would need that maturity to weather the storms, survive in a political environment be able to make the right decisions and lead by example.
With an MBA, you would give yourself a chance to develop coaching and mentoring skills, a smart toolkit to be successful in a highly competitive environment, be a good negotiator, sail through unchartered waters, confidently present your case and drive C-level discussions.
Today, if you are working in a matured organisation, you would have a lot of training opportunities to acquire some or all of these skills.
With an MBA, you have already taken initial steps. These trainings and coaching opportunities will serve as accelerators.
So, what more will an MBA degree give me?
Higher salary potential – Pursuing an MBA from a top institution will open avenues to connect with the best recruiters. Your negotiation skills learned during your MBA will give you an edge while discussing salaries with your potential employers.
Better career options – An MBA also serves as a career change tool. More often than not, people who have spent a few years into the industry after graduation realise that they this was not they aspired for. An MBA provides an avenue to make this correction. It also gives you the skills to be your own boss and begin that venture you were thinking about since you were in school.
Opportunity to network with industry experts – C level talks, annual fests, placement talks, alumni meets – all provide an opportunity for students to get an understanding of the industry and latest trends. This helps a lot during the interview process and sets you up for success when negotiating with the companies for the right role and position.
Analytical problem solving – All those hours spent in solving case studies gives you the confidence and ability to solve unthinkable problems that the industry and economy may present to you in your leadership career.
Exposure – Usually all MBA programs have an exchange component and some schools have an international program. This gives students an opportunity to understand how business is conducted in a different country and solve problems in a new geography during the internships.
Better personality – All the catharsis that a student undergoes during the tenure of the program brings about subtle changes in your personality – confidence, presentation, sharpness, problem solving ability, negotiation skills and attitude to put the team before yourself and skills to survive in turbulent times.