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Quite often, you hear that your existing qualifications aren't enough. An MBA is a must to get your dream job. But is that true?
Honestly, having an MBA is always a plus point. An MBA will offer you a lot of advantages. It increases your salary after graduation, helps you land a better position, and develop an excellent professional network. It could probably help you land your own team, or you could become your own boss.
Having an MBA could be the deciding factor during hiring. If it comes down to two applicants with the same skills, the one with an MBA is more likely to get hired. Having an MBA mentioned on your CV also helps it be processed faster. Hence, it plays a huge role in hiring. If you are a graduate in a field that doesn't prepare you for the corporate world, an MBA will benefit you a lot.
Having an MBA shows your commitment to being a lifelong learner. This is an essential quality to have. It shows that you are willing to explore new avenues in the future.
Completing an MBA course also develops specific skills. Some of them are:
- Discipline
- Conceptualising issues
- Better Reasoning and thinking skills
- Solving problems
The following MBA programmes are highly recommended for women:
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Marketing: Extroverts with a friendly personality and good communication skills can opt for this option. All organisations want to improve their brand name. This is done through various media such as digital media, internet media, social media and print media. Hence, the demand for Marketing MBA professionals is high.
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International Business: Most companies now work on a global level. They look for supplies and/or offer their items and administrations abroad. Hence, the need for supervisors equipped for working in an international setting is high. An MBA in International Business will qualify you for such a role.
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Finance Management: Finance is the backbone of every organisation. If you have a background in commerce, then MBA in Finance Management is the perfect specialisation. You can try it out if you are from a technical field interested in finance and economy.
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Operations Management: This role involves making the organisation as efficient as possible. It includes working to maximise profit. This is done by balancing cost with revenue and converting materials and labour into goods and services.
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Human Resource Management: Every organisation needs an HR or a team of them. HRMs take care of all the administrative and workforce-related activities.
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Information technology Management: This role involves successfully characterising, storing, overseeing, securing, sharing and circulating data for applicable partners inside of a business. It is a highly demanded role in tech and design companies.
The salary of an MBA professional ranges from INR 5 lakh to INR 22 Lakhs per year. Different specialisations have varied salaries.
If you decide to do an MBA, check if you are eligible for a scholarship at Glow & Lovely Careers (formally known as The Fair & Lovely Career Foundation.