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Why MBA? - Top Reasons to Do an MBA Degree

Why MBA? - Top Reasons to Do an MBA Degree

Edited By Shravya Akkapeddi | Updated on Dec 20, 2022 01:17 PM IST | #CAT

Why MBA? - Master of Business Administration, more commonly known as MBA, is a postgraduate course that any graduate from any discipline can pursue. It allows students from multiple backgrounds to gain knowledge of business, finance, marketing, operations and every other aspect regarding the growth of businesses.

Why MBA?- Top reasons to do an MBA degree

A degree such as this allows students to increase one’s network while improving the salary prospects and allows for an easy transition into various fields.

Why study MBA? It is a fashion to think of doing an MBA without understanding what is MBA or how does it really help one’s career. Having a clarity on what constitutes an MBA would help one to take a right decision regarding one’s career.

MBA Admission Open Now:

Why MBA? Value and Long-Term Benefits

A typical Master’s program will ensure that a student learns to practically apply the in-depth knowledge, particularly in the subject chosen and provide opportunities within that sector. But with an MBA degree, one may not need to do so. The employers of the job you apply to will see mainly 5 things:

  • Strategic thinking

  • Creative Problem Solving

  • Teamwork

  • Analytical thinking

  • Communication Skills

Why pursue an MBA? By pursuing an MBA degree, you show employers that you have what it takes to excel. It shows that you can handle situations in a better way than regular employees. Simply put, you gain knowledge and experience through corporate internships, case studies and projects thus, at times, making you the ideal candidate for higher positions directly as well.

MBA entrance exams that you can apply for

MBA Programs and Curriculum

As written above, an MBA can be pursued by any graduate with or without work-ex. Typically, the following programs are available for candidates planning to pursue an MBA

  • Two Year Full Time MBA (Residential or Non-Residential)

  • One Year Full Time Executive MBA

    • IIMs (ABC), ISB, XLRI, GLIM and many others provide this program

  • Part Time MBA (Three years)

    • FMS, JBIMS are the prominent ones

  • eMBA (Online)

    • With Covid19 pandemic, many Institutes, Universities are providing Online MBA

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In a broad sense, the curriculum and course are largely similar in every university or college. What sets the B Schools/Universities apart, are the external opportunities, peers, and alumni circle.

Popular MBA specializations include

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The why MBA question also depends on the interest of the student. Taking up specializations in comes in the second year of the MBA course when the students is better equipped to take a decision on this.

Each college offers its timeline of core subjects and specialization based on the type of MBA. Therefore, as heavy and complicated as the curriculum may seem, the students have the liberty to choose the speed of studying, thus, ensuring wholesome learning and implementation power in individuals.

Browse Top MBA Colleges Accepting CAT Score: Location-Wise

MBA – why it is important

Questions that many may have ar, ‘Why should I pursue MBA?’; ‘How is my field going to affect my salary?’; ‘How is an MBA going to help in my career?’ All these queries, and more, can not only be answered theoretically but also seen practically in the contemporary corporate world.

An engineer, a commerce graduate, a doctor, an artist, or even a sociologist have numerous options and career prospects in their respective fields. All study options and career choices have a path created for them. A student can reach great heights in their respective chosen options. But with an MBA, she or he can be much more. Why should one restrict themselves to one career option when there is an open door for multiple?

Reasons to pursue MBA

There are many. To start with, an MBA is a gateway for exponential career growth. An increased salary, and or even a total shift in career options. For example, if a writer with an MBA degree wants to change his/her career to an analyst, it is very much possible. Or if a doctor, with an MBA, wants to open a hospital, it will be much easier to get investors because the experience and knowledge of the degree will allow the doctor to tackle critical business and medical situations evenly. The transition of a career with an MBA is as smooth as a lubricated clock.

Why MBA after engineering or why after B.Sc are questions that are simple but important. The answer to this is that every dream career someday is expected to lead to a management role. An MBA equips the students with the requisite management skills that helps them juggle their professional demands with ease.

Why MBA? Some Reasons

In the ever-changing business world, one has to have the business acumen to quickly adapt to the ever-changing business roles and tools required to be on top. Marketing, for example, has always existed. However, today, with internet and a rapidly growing online business structure, knowledge of Digital Marketing is a requisite to be successful. An MBA prepares a student to adapt to this change in technology or change in tools and quickly adapt to the dynamics of business.

Also, since an MBA is domain agnostic, it helps candidates to be ready for any changes in the way the business is done. An MBA ensures that the main skills are taught in a very subtle manner.

Some of the soft skills required to be successful in any business role are given below.

Contemporary soft skills:

The 7 Soft skills which every employer look for nowadays are

  • Leadership

  • Teamwork

  • Communication skills

  • Problem Solving Skills

  • Work Ethics

  • Flexibility and Adaptability

  • Interpersonal skills

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Why MBA – Other Advantages

1. Develop or increase entrepreneurial abilities: Be it a hospital, a new business idea, or even upgrading an existing business, an MBA always comes in handy. It will allow one to not only build the brand quickly, but also build it with credibility.

2. Stepping into the global experience: Confinement to one sector may become boring for some. For example, if a cookie factory worker has only one job of mixing ingredients, she or he may get bored very quickly. But, if he/ she become aware of the various upskills open, a lot can be achieved. Such as new ways to mix ingredients, or experimenting with flavors. They can also gain the latest technology knowledge, new recipe ideas, and also create innovative ways to have fun at work.

Similarly, arming oneself with an MBA would ensure complete awareness of all the latest developments and improvements in every field in the chosen job sector. They can also stay up to date with the latest advances they can implement. Exposure to the real world is as high as the competition too. With an MBA, one can become a VIP of fresh information.

3. Long Term Investment on Self:

Many students and or individuals pursue a career for the sake of gaining knowledge and of course, good salary prospects. In that process, they may forget to look after their long-term career needs. An MBA will take care of that aspect. Investing in an MBA education will help secure a lifetime of opportunities. With a good start, it will become comparatively easy in the future to earn higher sums of salary later in the career of one’s choice. In case of a family business or self-made one, an MBA would be the correct support to provide the right impetus to success.

As to the question of why MBA, if you have an aspiration that needs a push, or want a gateway for freedom, and or even a practical experience, MBA is the right decision for you. You may not even need a reason to do an MBA, as long as you understand that having the degree will allow you as much flexibility and freedom in your professional and personal line of work!

MBA Salary in India

Name of the Institution

MBA starting salary (per annum)*

FMS Delhi

Rs 21.1 Lakh

MDI Gurgaon

Rs 19.17 Lakh

XLRI Jamshedpur

Rs. 20.1 Lakh

SPJIMR Mumbai

Rs 22.1 Lakh

JBIMS Mumbai

Rs 18.91 Lakh

IIFT Delhi

Rs 18.27 Lakh

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Questions related to CAT

Have a question related to CAT ?

Hello aspirant,
The CAT exam syllabus is not officially prescribed, but it generally includes topics from the following sections:

1. Verbal Ability and Reading Comprehension (VARC)
2. Data interpretation and logical reasoning
3. Quantitative ability

  • Arithmetic

  • Algebra

  • Geometry and Mensuration

  • Number System

  • Modern Math

It seems unlikely that you would be able to get admission in the BTech CS branch at BIT Sindri or Mesra with a CML rank of 2058 and category rank of 433.

Key points:

1. The search results indicate that a CML (Common Merit List) rank of 2058 is quite low for admission to premier engineering colleges like BIT Sindri or NIT Mesra.

2. The cutoff ranks for BTech CS branch at these institutes are usually much higher, often in the range of 1000-2000 for the general category.

3. With a category rank of 433, you may have a better chance of getting admission in the reserved category quota, but the competition is still quite high.

4. The search results do not provide specific cutoff details for BIT Sindri or NIT Mesra, but the general trend suggests your current ranks may not be sufficient for the CS branch in these institutes.

My advice would be to:

1. Check the latest cutoff ranks and admission criteria on the official websites of BIT Sindri and NIT Mesra.

2. Explore other options like state-level engineering colleges or NITs where your current ranks may have a better chance of securing admission.

3. Consider improving your performance in the next attempt of the entrance exam to increase your chances of getting into your desired BTech program.



For VARC, read daily from diverse sources (newspapers, novels, journals) to improve comprehension and vocabulary. Practice RC passages and verbal ability questions regularly. For DILR (Data Interpretation and Logical Reasoning) and QA (Quantitative Aptitude), solve previous years' papers and take mock tests to identify weak areas. Join a coaching institute or online courses for guidance and stay consistent with your study schedule. Review and analyze your performance in mocks to understand mistakes and improve. Maintain a positive mindset and stay disciplined in your preparation.

Hello aspirant,

Every year, IIMs conduct the Common Admission Test (CAT), a national MBA entrance exam, in rotation. For admission to over 1,200 institutions and premier B-schools in India, as well as PGDM, Executive MBA, PhD, and FPM programmes, the IIM CAT exam is regarded as one of the most difficult MBA entrance exams to pass. One of the best MBA schools in India, IIMs offers PGDM and MBA programmes for students who pass the CAT exam with scores in the 82nd to 99th percentiles.

For complete information you can visit our website by clicking on the link given below.

https://bschool-careers360-com.cdn.ampproject.org/v/s/bschool.careers360.com/exams/cat/amp?amp_gsa=1&amp_js_v=a9&usqp=mq331AQIUAKwASCAAgM%3D#amp_tf=From%20%251%24s&aoh=17204523672625&csi=1&referrer=https%3A%2F%2Fwww.google.com&ampshare=https%3A%2F%2Fbschool.careers360.com%2Fexams%2Fcat

Thank you

Hope this information helps you.

Hello!

The educational qualification required for CAT exam is bachelor's degree or its equivalent from a recognized university with minimum of 50% for the open category and 45% for the SC/ST/PwD category. Since you have secured more than the required percentage in your bachelor's degree, you are eligible for CAT exam.

For more information, please visit the website by clicking on the link given below:

https://bschool.careers360.com/articles/cat-eligibility-criteria

I hope you will find this information helpful. Best wishes ahead!

View All

1-radian measures 600. (True/False)

Option: 1

True


Option: 2

False


$111111^2$ = 

Option: 1

123456654321


Option: 2

123454321


Option: 3

123454321


Option: 4

12345654321


1111112 =___________ 

Option: 1

 123456654321


Option: 2

1234554321


Option: 3

123454321


Option: 4

12345654321


159702 is divisible by

Option: 1

7


Option: 2

9


Option: 3

11


Option: 4

6


1600 satellites were sent up by a country for several purposes. The purposes are classified as broadcasting (B), communication (C), surveillance (S), and others (O). A satellite can serve multiple purposes; however a satellite serving either B, or C, or S does not serve O. 

The following facts are known about the satellites: 

1. The numbers of satellites serving B, C, and S (though may be not exclusively) are in the ratio 2: 1:1. 

2. The number of satellites serving all three of B, C, and S is 100. 

3. The number of satellites exclusively serving C is the same as the number of satellites exclusively serving S. This number is 30% of the number of satellites exclusively serving B. 

4. The number of satellites serving O is the same as the number of satellites serving both C and S but not B. 

Question:

What best can be said about the number of satellites serving C? 

Option: 1

Must be between 450 and 725 

 


Option: 2

Cannot be more than 800 
 


Option: 3

Must be between 400 and 800 

 


Option: 4

Must be at least 100 


1600 satellites were sent up by a country for several purposes. The purposes are classified as broadcasting (B), communication (C), surveillance (S), and others (O). A satellite can serve multiple purposes; however a satellite serving either B, or C, or S does not serve O. 

The following facts are known about the satellites: 

1. The numbers of satellites serving B, C, and S (though may be not exclusively) are in the ratio 2: 1:1. 

2. The number of satellites serving all three of B, C, and S is 100. 

3. The number of satellites exclusively serving C is the same as the number of satellites exclusively serving S. This number is 30% of the number of satellites exclusively serving B. 

4. The number of satellites serving O is the same as the number of satellites serving both C and S but not B. 

Question:

What is the minimum possible number of satellites serving B exclusively? 

Option: 1

100


Option: 2

200


Option: 3

500


Option: 4

250


1600 satellites were sent up by a country for several purposes. The purposes are classified as broadcasting (B), communication (C), surveillance (S), and others (O). A satellite can serve multiple purposes; however a satellite serving either B, or C, or S does not serve O. 

The following facts are known about the satellites: 

1. The numbers of satellites serving B, C, and S (though may be not exclusively) are in the ratio 2: 1:1. 

2. The number of satellites serving all three of B, C, and S is 100. 

3. The number of satellites exclusively serving C is the same as the number of satellites exclusively serving S. This number is 30% of the number of satellites exclusively serving B. 

4. The number of satellites serving O is the same as the number of satellites serving both C and S but not B. 

Question:

If at least 100 of the 1600 satellites were serving O, what can be said about the number of satellites serving S? 

Option: 1

At most 475 

 


Option: 2

Exactly 475 
 


Option: 3

At least 475 

 


Option: 4

No conclusion is possible based on the given information 


1600 satellites were sent up by a country for several purposes. The purposes are classified as broadcasting (B), communication (C), surveillance (S), and others (O). A satellite can serve multiple purposes; however a satellite serving either B, or C, or S does not serve O. 

The following facts are known about the satellites: 

1. The numbers of satellites serving B, C, and S (though may be not exclusively) are in the ratio 2: 1:1. 

2. The number of satellites serving all three of B, C, and S is 100. 

3. The number of satellites exclusively serving C is the same as the number of satellites exclusively serving S. This number is 30% of the number of satellites exclusively serving B. 

4. The number of satellites serving O is the same as the number of satellites serving both C and S but not B. 

Question:

 If the number of satellites serving at least two among B, C, and S is 1200, which of the following MUST be FALSE? 

Option: 1

The number of satellites serving C cannot be uniquely determined 

 


Option: 2

The number of satellites serving B is more than 1000 
 


Option: 3

All 1600 satellites serve B or C or S 

 


Option: 4

The number of satellites serving B exclusively is exactly 250 


2839155 is divisible by

Option: 1

2


Option: 2

7


Option: 3

55


Option: 4

None of the above


'a' for which x^{2}-ax+9= 0 can be written as square of a linear factor is

Option: 1

6


Option: 2

-6,6


Option: 3

\left ( 6,\infty \right )


Option: 4

\left ( -\infty,-6 \right )


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