Do you think MBA has become Cliché ?

Is MBA becoming Cliche

Questions have been raised whether MBA courses today have really become cliché or not. To be honest, recent reports suggested that the salaries for MBA degree holders have almost halved whereas students expected to get a boost in their pay packages after graduation. As per the Financial Times annual Global MBA rankings, students who have graduated from business schools in the year 2008 witnessed only half that increase.

The study moreover reported that the course fees since 2005 has gone up by 62%. This has led US MBA students to spend around $106,000 over 2 years and that too by excluding the living costs. However, one of the prospective employers, Helena Pozinak has said that MBA graduates are still high in demand and therefore earning an MBA can never be considered cliché.

Image: paradigmassociates.us

Image: paradigmassociates.us

Planning is essential before proceeding for MBA

Well, students have now become more thoughtful prior to embarking on intensive courses in business management. In fact, the majority now thinks that standing and staring for courses like MBA would be sheer stupidity. Rather, soul searching is a wise and brilliant initiative that must be executed before one invests lump sum amount for the course.

As per experts, the 3 prime reasons responsible for bringing obstructions to one’s career path are:

  • Making career plans too late
  • Putting extreme focus on a specific path
  • Ignoring the soft skills

Although it’s true that the employment market is no doubt tight, jobs for MBA graduates are coming up with the passage of time. Reports said that almost 92% of the business school graduates in 2012 were successful in finding jobs worldwide just after three months from graduation. The report showed 86% in the previous year that included business masters as well as MBAs.

Around 76% of the international employers conducting the GMC survey said that they would be hiring a good amount of MBA graduates in 2013. Well, about 69% of them hired individuals who completed their graduation in 2012. Moreover, the habits and procedures of recruiters are changing since they have now stopped traditionally visiting campuses and are rather hiring more than what they used to do a few years ago.

Colin Hudson

 

Colin Hudson, career director of Cranfield School of Management said, “Employers realise a recruitment freeze is no longer tenable. They need bright people coming through.” Well, business schools are taking big attempts to meet the needs and wants of employers.

In fact, business experts now feel that honing interpersonal and soft skills are more important rather than being boastful about having a qualification. This is one of the reasons why students and working professionals are now going for online MBA courses to acquire communications skills; gather extensive knowledge on business applications and overcoming reticence. Therefore, an MBA can never be synonymised with the word ‘cliché’ but will always be known to be a powerful weapon for career growth.

 

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Why MBAs Hold Greater Values in Today’s Job Market

During our working era, we always look for growth and betterment. We keep hunting for opportunities through which we can deliver our working skills and impress the best employers of the country. As days are passing, the chances to get high-salaried jobs are getting minimized. Those obtaining specialized degrees crack the best job openings rather than those who end up earning a mere certificate in graduation. Even if you are a graduate and looking to enhance your academic standards, go for an MBA or Master in Business Administration.

Big business organizations and corporate houses hire MBA degree holders so that they can manage such big enterprises with sheer professionalism and supreme confidence. Since the MBA courses are basically designed to train individuals to look after a flourishing business and skillfully handle each and every aspect of the business undertakings, the demand of MBA professionals is indeed huge in the current job market. Moreover, it’s one of the most prospective and rewarding degrees that can not only assure you a prestigious position in a reputed company but raise your finances sky-high. To know more, visit here.

Courtesy: rimt.in

MBA courses can be pursued through two probable modes – full-time and online. If you are making plans for full-time MBA programs, you need to first get through the Common Admission Test or CAT. It’s not an easy scoring exam and one must take quality preparation. The higher you score, the better your university selection.

On the other hand, an online MBA course does not involve all such hassles. You simply need to do some research work and choose a reputed university from where you will be pursuing your online MBA program. Mostly, working personals prefer to enroll in online MBA courses so that they can continue their work and study alongside from their home. Whichever mode you opt, make sure you give your heart and soul to successfully pursue the course in time.