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An MBA is a prestigious degree that will enhance students' career by providing them with reliable skills. Being a fresh graduate has its own perks. But at the same time, they may lack insight into real-world issues. People with few years of work experience have a good understanding of the corporate world and how things work. So, students are wondering whether it is better to pursue MBA after graduation or MBA after working experience. Check out this article to know more about who can pursue MBA.
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Students are enthusiastic, young, and creative and can come up with innovative solutions to problems. It is true that pursuing an MBA after graduation has benefits. Students have a lot of energy and are in the mindset of learning, not making money.
It will give them the psychology of experimentation, trying new things and finding innovative solutions to problems. But, on the other hand, candidates with some work experience have practical knowledge and know what works in the real corporate world.
Check out the list MBA Colleges in India
Whether you are a fresh graduate or someone with work experience, both situations have certain advantages and disadvantages. Fresh graduates are less competitive compared to candidates with work experience, as colleges try to maintain a definite class profile with a certain minimum percentage of fresh graduates.
The advantage of pursuing an MBA after graduation is that you are on a learning curve and your education is not interrupted by working. This makes it easier to learn in a college environment and can do jobs and projects much faster than someone with a few years of work experience.
However, there are some advantages to doing an MBA after gaining work experience, too. Most companies prefer a candidate with a few years of experience because it makes it easier to train the employee to new work conditions. You'll understand concepts faster and better because you can see them in the context of work.
Check out Career Options After MBA and Salary
An MBA is like an ocean of opportunities. It is very important to intelligently analyse your area of interest and check if it matches your career expectations.
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International Finance and Accounting (integrated with ACCA) |
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Digital Business |
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Apart from these, there are dual MBA specialisations where one can opt for a combined purpose and opportunities to excel twice in your career.
Know more about the Top Dual Degree in MBA Colleges in India
Some of the advantages of opting for an MBA after graduation include:
1. Enhanced Knowledge: An MBA programme will give candidates the skills they need to succeed in their chosen career. Specialised MBA programmes are helpful for those who focus on a particular field. This opens up many new opportunities.
2. A Good Start and Career Opportunity: An MBA graduate starts fast and earns well. Employers are ready to hire an MBA immediately because they were qualified during their studies. They don't have to struggle much to get a job.
3. Personal as Well as Professional Skills: Studying MBA is always beneficial for students, as it not only provides professional training but also makes them more positive by improving their personalities. By pursuing MBA after graduation, students will improve their personal skills in addition to professional skills and become more positive about navigating the corporate world.
4. Hard to Make the Correct Choice at this Stage: Making the right choice regarding your MBA programme is very important. Before you gain professional experience, it can be a bit difficult to develop a clear career plan.
5. Reduced Chances of Acceptance at Top Bschools: Most of the leading Bschools require students to contribute to discussions related to business and the corporate world. This can only be achieved if students have some professional experience. As compared to freshmen, those with more knowledge are more likely to study at top B-schools.
6. Opportunities for Networking and Socialising: MBA aspirants get a lot of opportunities to work as interns in leading companies and learn a lot of new things about the corporate world throughout their internship. This will benefit them once they start working.
Some of the disadvantages of opting for an MBA after graduation include;
Limit to Learnings: As an MBA student with no work to show or relate to, it can be difficult to connect subjects with real practice. Also, as a newbie, they have little professional knowledge about their field and all their knowledge comes from others.
Reduced Acceptance Rates: Once you clear the CAT exam, work experience gets a candidate more marks before the entrance exam. If you're a fresher, you should make the most of your CV by listing some volunteer experience, projects, internships, or small entrepreneurial experience to offset any work experience.
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When it comes to your career, experience matters. Whether you're applying for a job or applying for graduate education, for example, an MBA programme, you'll always be evaluated based on your experience and how you can apply it to your chosen programme or career. Pre-MBA work experience provides a platform for students to build upon during their studies.
Soft Skills: After being a part of the corporate world for a while, you will develop soft skills. For example, it includes interpersonal and communication skills that are essential in the corporate world. Work environments provide many opportunities to develop such skills.
More Clarity: If students choose to work for a few years before studying for an MBA, they will be clear about what they want or their approach to a particular goal. After students have a set of defined career goals, they can apply to the MBA programme of their choice.
More Practical Experience: A person with a few years of experience is more likely to grasp management principles when trained in a classroom setting. With practice, they will get a better grip on different things.
There are no disadvantages in pursuing MBA or PGDM after gaining a significant amount of work experience. Work experience plays an important role in the application process and B-schools tend to give preference to graduates with previous work experience.
However, it is important to remember that if a person with specific work experience is applying for an occupation that is not compatible with the previous industry they worked in, it is for on-campus recruitment that is conducted after graduation, which does not count as relevant experience. This means that the importance given to his experience will decrease.
Since an MBA degree is considered one of the most important degrees of a student's life, it makes sense to weigh their options and then make a decision after analysing the pros and cons of both.
Know How To Choose Your Specialisation In MBA
People pursuing an MBA degree after graduation or after work experience depend on their goals and motivation. It totally depends on them. Some people are sensitive and learn a lot by keeping their eyes open.
And some are self-starters. An MBA will give them some basics, but they'll need a lot of practical experience to quickly put it together and make it work before they lose it. Remember that an MBA won't make people entrepreneurs, but it will give them an understanding of "numbers"-a valuable skill in an ever-increasingly complex world.
An MBA is not a promise of success. MBAs will help students a lot after they have some years of field experience.
Barring a few minor ones, there are no major drawbacks to pursuing an MBA with a few years of work experience. Management schools give more importance to professionals than freshmen.
The student cannot join the postgraduate MA program directly in the second year of the MA after completing the MBA.
Universities generally expect students to begin the first year of a masters' program even though they had qualifications at the level of a bachelor's degree. The university's curriculum along with the courses are planned to give an in-depth knowledge of the subjects.
But you could opt for:
Postgraduate Studies:
Research Career: In case research interests you, then you can pursue a Ph.D. in your specific interest.
Specialized Master's Programs: Find any specific master's course that supports the career goal.
Professional Certifications:
Make a professional certification in CFA, CA, or FRM to enhance the professional skills and better opportunities in the career field.
Job Entry via MBA
After gaining an MBA from a renowned institution, it's possible to get entry into the corporate world where the diversity in the career field is assured.
In the end, it would depend on what you would like and what you are particularly interested in. It will be better if you take a suggestion from your academic advisor or career counselor.
Hello Pratik,
If your family income exceeds 8 LPA, it will affect your eligibility for the NC-OBC category under the CAT reservation rules. The NC-OBC category requires that the family income should be below 8 LPA to qualify. If you anticipate that your income will exceed this threshold, you should update your status and notify the CAT authorities .
Here's what you can do:
Email the CAT authorities
: Inform them about the potential change in your income status and request to be considered under the
General
category, if applicable. You should do this before the examination or any further processing, as your eligibility for the OBC category depends on the income criteria.
Documents and Proof
: Make sure you have a valid
OBC certificate
and any relevant documentation regarding your family income, in case they require verification. Also, be aware that if your income exceeds 8 LPA, you might need to apply under the
General
category, as the OBC-NC reservation is no longer applicable.
General Category Consideration : If your application is accepted as General, you will be evaluated based on the General category criteria, including cutoffs and ranking.
To summarize, notifying the CAT authorities is the correct approach to avoid discrepancies later, and if your income is above the threshold, you will be treated as a General candidate for the admissions process.
For more details about CAT exam you can check out an article by Careers360 whose link is given below:
Link: https://bschool.careers360.com/exams/cat
I hope this answer helps you. If you have more queries then feel free to share your questions with us we will be happy to assist you.
Thank you and wishing you all the best for your bright future.
Hi Shreya ,
Having a tattoo on your wrist should not create a problem during the CAT exam as long as it does not contain any content that violates exam rules , such as communication-related symbols , unauthorised messages or any text resembling formulas or answers .
For a safe side , it is recommended :
1. Inform the Invigilators : Let them know about your tattoo during the identification check , so there are no misunderstandings .
2. Follow the Guidelines : Ensure you follow all instructions regarding permissible items and dress code on the exam day .
Hope this helps you .
ALL THE BEST .
To know about this please prefer our college predictor
Hello,
Yes, you can also join IIMs two years after graduation, depending upon the justification in interviews and your performance in entrance exams. If you are not sure about CAT, try those other management exams less hard:
Common Management Admission Test: Easier than CAT; 4-5 months of continuous preparation will suffice.
MAT : Much easier and takes place thrice a year.
SNAP (Symbiosis National Aptitude Test): A bit easier than CAT, apt for Symbiosis Institutes.
Xavier Aptitude Test or XAT : Hence, easier than CAT but the unique decision-making section.
Use exams like CMAT and MAT as a challenge to be competitively prepared. This can be given about 4-5 months, along with a few rounds of mock tests and smart studying.
A career as Marketing Director is also known as a marketing expert who is responsible for the overall marketing aspect of the company. He or she oversees plans and develops the company's budget. The marketing Director collaborates with the business team to plan and develop the marketing and branding strategies for the company's products or services.
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In a business analyst job role a lot of analysis is done, things are learned from past mistakes and the successful strategies are enhanced further. A business analyst goes through real-world data in order to provide the most feasible solutions to an organisation. Students can pursue Business Analytics to become Business Analysts.
A marketing manager is a person who oversees a company or product marketing. He or she can be in charge of multiple programmes or goods or can be in charge of one product. He or she is enthusiastic, organised, and very diligent in meeting financial constraints. He or she works with other team members to produce advertising campaigns and decides if a new product or service is marketable.
A Marketing manager plans and executes marketing initiatives to create demand for goods and services and increase consumer awareness of them. A marketing manager prevents unauthorised statements and informs the public that the business is doing everything to investigate and fix the line of products. Students can pursue an MBA in Marketing Management courses to become marketing managers.
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Digital marketing is growing, diverse, and is covering a wide variety of career paths. Each job function aids in the development of effective digital marketing strategies and techniques. The aims and objectives of the individuals who opt for a career as a digital marketing executive are similar to those of a marketing professional: to build brand awareness, promote company services or products, and increase conversions. Individuals who opt for a career as Digital Marketing Executives, unlike traditional marketing companies, communicate effectively through suitable technology platforms.
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