Master of Business Administration – DIVERSE OPPORTUNITIES IT
Almost everybody agrees that the prospect of getting to the top in managerial positions has only increased with the passage of time, though traditional MBA has not remained the same as it was in the beginning. If one earns an MBA, one’s salary almost doubles and perks increase accordingly. An MBA gives one confidence to work confidently in any industry. One can learn about business strategies and concepts, not just on paper, but the training and internship required in an MBA course teach how to use these skills in practical life and in day-to-day business operations as well. This is why it has become one of the most sought-after qualifications in today’s corporate world. Worldwide, the best business leaders consider an MBA degree as key to the continual success of careers in sectors like manufacturing, engineering, business, education, health care and other service sectors. It is because of the fact that fast moving and tumultuous business scenarios are making Management education evolve and adapt to the needs. An MBA degree is, in fact, a tool which equips one with the skills that help in reaching top managerial positions in large or multinational organisations. At the same time, it is also needed for individuals joining smaller companies with promise of growth as well as for those who have to successfully run their own enterprises.
The MBA and your Career
An MBA opens new avenues and equips one with new skills in the workplace. This is one of the main reasons why people, who are already employed, aspire to have an MBA. It has abundant potential for those who are seeking to switch their career or looking for advancement in already established career. There are some companies which agree to sponsor their employees to get an MBA degree, provided they continue for a specific time, after they get the degree, for their sponsors. However, some students will not be lucky enough to have a firm job offer already in place once they have graduated, so it is important for students to be aware of their ambitions and goals regarding their career, as to what sector of business they hope to thrive in and the career opportunities that will be available to them as an MBA degree holder.
In addition to the skills outlined above, you are likely to have developed the following skills to a high level through an MBA: An MBA gives one confidence to work confidently in any industry.
One can learn about business strategies
and coiicepts, not just on paper, but the
training and internship required in an
MBA course teach how to use these
skills in practical’ life and in day-to-day
business operations as well.
1. Improves your credibility and commitment level
If you acquire an MBA, it becomes evident that you are committed to the business, for in order to have the degree you must have invested a lot of energy and time. It also shows that you take your job seriously and try to broaden your perspective and want to add value to your present skills. Those skills can help you to become innovative which is a must for growth so far as business is concerned. An MBA also indicates that you have mastered a certain level of knowledge in business management, which gives you the ability and confidence to speak on equal terms with executives outside IT. Because IT touches nearly every part of the modern business enterprise and because IT managers are increasingly involved in business processes, the MBA adds credibility to your perspective when you are discussing technical solutions to business problems with your colleagues.
2. Develops business acumen
Business people and technologists are different from one another. Unlike technologists, business people think in terms of strategies and value, and human (customers’ and investors’) responses. On the other hand, technologists always think in a linear and logical fashion and their responses are often predictable, because they are in scientific progression. The business perspective, by its nature, tends to rely more on estimation, and trial and error. The ability to think like a business person is critical for technology managers, especially those of us who wish to position IT strategically within the company. That information is alone called for in a fast-changing business scenario which supports the plan, design and execution of business strategies.