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Why MBA? - Top Reasons to Do an MBA Degree

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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

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

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

Other Top MBA Entrance Exams

Articles

Explore Top Universities Across Globe

University of Essex, Colchester
 Wivenhoe Park Colchester CO4 3SQ
Queen Mary University of London, London
 Mile End Road, London E1 4NS
University of Strathclyde, Glasgow
 16 Richmond St, Glasgow G1 1XQ
Oxford Brookes University, Oxford
 Headington Campus Oxford OX3 0BP UK
Northumbria University, Newcastle City Campus
 Sutherland Building, Northumberland Road, Newcastle-upon-Tyne, NE1 8ST
Cardiff Metropolitan University, Cardiff
 Llandaff Campus, Western Avenue, Cardiff, CF5 2YB

Questions related to CAT

Have a question related to CAT ?

The Common Admission Test, is a computer based standardized test conducted in India. It is one of the most prestigious and competitive entrance exams for admission into postgraduate management programs, Including MBA, in various Indian Institutes of Management and other top business schools across the country.

To know more about CAT 2024 like exam date, eligibility, syllabus and more, click on the below link.

https://bschool.careers360.com/articles/cat-2024


Both GMAT and CAT exams are considered to be highly competitive. Therefore, it is difficult to measure which one is harder than the other as it depends on the individual strengths ,weaknesses, and personal preferences.

GMAT quant section is often considered to be easier, however, its verbal section is tougher for non-native English speakers. Whereas, CAT quant section is considered to be trickier in comparison to the verbal section. Therefore, students are advised to analyse both CAT and GMAT exam pattern carefully before opting for one.

Hello

Generally admissions are given based on your rank. So based on your overall percentile in JEE your rank could be between 56470 - 63480 approximately.

Unfortunately, Based on the marks you scored, it will be difficult to get admitted into NIT Trichy under OBC category. However there is also a second chance for you to attend for JEE, so I recommend you to take that chance and score better.

You can check the colleges you are eligible for using the below link.

https://engineering.careers360.com/jee-main-college-predictor?utm_source=qna&utm_medium=jee_cp


Hello Aspirant

Congratulations on your score, There are many good B schools at 80-85%ile in CAT and XAT
1)Great Lakes, Chennai
2)IRMA
3) Goa Institute of Management
4) NIBM
5) TAPMI
Do your research about these colleges as to what is their average package, the roles offered.

Colleges like NIBM specialize in Finance, and IRMA has a lot of sales marketing Roles. So ultimately the choice is yours which specialization you want to pursue.

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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5 Jobs Available
Vlogger

In a career as a vlogger, one generally works for himself or herself. However, once an individual has gained viewership there are several brands and companies that approach them for paid collaboration. It is one of those fields where an individual can earn well while following his or her passion. 

Ever since internet costs got reduced the viewership for these types of content has increased on a large scale. Therefore, a career as a vlogger has a lot to offer. If you want to know more about the Vlogger eligibility, roles and responsibilities then continue reading the article. 

3 Jobs Available
Publisher

For publishing books, newspapers, magazines and digital material, editorial and commercial strategies are set by publishers. Individuals in publishing career paths make choices about the markets their businesses will reach and the type of content that their audience will be served. Individuals in book publisher careers collaborate with editorial staff, designers, authors, and freelance contributors who develop and manage the creation of content.

3 Jobs Available
Journalist

Careers in journalism are filled with excitement as well as responsibilities. One cannot afford to miss out on the details. As it is the small details that provide insights into a story. Depending on those insights a journalist goes about writing a news article. A journalism career can be stressful at times but if you are someone who is passionate about it then it is the right choice for you. If you want to know more about the media field and journalist career then continue reading this article.

3 Jobs Available
Editor

Individuals in the editor career path is an unsung hero of the news industry who polishes the language of the news stories provided by stringers, reporters, copywriters and content writers and also news agencies. Individuals who opt for a career as an editor make it more persuasive, concise and clear for readers. In this article, we will discuss the details of the editor's career path such as how to become an editor in India, editor salary in India and editor skills and qualities.

3 Jobs Available
Reporter

Individuals who opt for a career as a reporter may often be at work on national holidays and festivities. He or she pitches various story ideas and covers news stories in risky situations. Students can pursue a BMC (Bachelor of Mass Communication), B.M.M. (Bachelor of Mass Media), or MAJMC (MA in Journalism and Mass Communication) to become a reporter. While we sit at home reporters travel to locations to collect information that carries a news value.  

2 Jobs Available
Corporate Executive

Are you searching for a Corporate Executive job description? A Corporate Executive role comes with administrative duties. He or she provides support to the leadership of the organisation. A Corporate Executive fulfils the business purpose and ensures its financial stability. In this article, we are going to discuss how to become corporate executive.

2 Jobs Available
Multimedia Specialist

A multimedia specialist is a media professional who creates, audio, videos, graphic image files, computer animations for multimedia applications. He or she is responsible for planning, producing, and maintaining websites and applications. 

2 Jobs Available
Welding Engineer

Welding Engineer Job Description: A Welding Engineer work involves managing welding projects and supervising welding teams. He or she is responsible for reviewing welding procedures, processes and documentation. A career as Welding Engineer involves conducting failure analyses and causes on welding issues. 

5 Jobs Available
QA Manager
4 Jobs Available
Quality Controller

A quality controller plays a crucial role in an organisation. He or she is responsible for performing quality checks on manufactured products. He or she identifies the defects in a product and rejects the product. 

A quality controller records detailed information about products with defects and sends it to the supervisor or plant manager to take necessary actions to improve the production process.

3 Jobs Available
Production Manager
3 Jobs Available
Product Manager

A Product Manager is a professional responsible for product planning and marketing. He or she manages the product throughout the Product Life Cycle, gathering and prioritising the product. A product manager job description includes defining the product vision and working closely with team members of other departments to deliver winning products.  

3 Jobs Available
QA Lead

A QA Lead is in charge of the QA Team. The role of QA Lead comes with the responsibility of assessing services and products in order to determine that he or she meets the quality standards. He or she develops, implements and manages test plans. 

2 Jobs Available
Structural Engineer

A Structural Engineer designs buildings, bridges, and other related structures. He or she analyzes the structures and makes sure the structures are strong enough to be used by the people. A career as a Structural Engineer requires working in the construction process. It comes under the civil engineering discipline. A Structure Engineer creates structural models with the help of computer-aided design software. 

2 Jobs Available
Process Development Engineer

The Process Development Engineers design, implement, manufacture, mine, and other production systems using technical knowledge and expertise in the industry. They use computer modeling software to test technologies and machinery. An individual who is opting career as Process Development Engineer is responsible for developing cost-effective and efficient processes. They also monitor the production process and ensure it functions smoothly and efficiently.

2 Jobs Available
QA Manager
4 Jobs Available
AWS Solution Architect

An AWS Solution Architect is someone who specializes in developing and implementing cloud computing systems. He or she has a good understanding of the various aspects of cloud computing and can confidently deploy and manage their systems. He or she troubleshoots the issues and evaluates the risk from the third party. 

4 Jobs Available
Azure Administrator

An Azure Administrator is a professional responsible for implementing, monitoring, and maintaining Azure Solutions. He or she manages cloud infrastructure service instances and various cloud servers as well as sets up public and private cloud systems. 

4 Jobs Available
Computer Programmer

Careers in computer programming primarily refer to the systematic act of writing code and moreover include wider computer science areas. The word 'programmer' or 'coder' has entered into practice with the growing number of newly self-taught tech enthusiasts. Computer programming careers involve the use of designs created by software developers and engineers and transforming them into commands that can be implemented by computers. These commands result in regular usage of social media sites, word-processing applications and browsers.

3 Jobs Available
Product Manager

A Product Manager is a professional responsible for product planning and marketing. He or she manages the product throughout the Product Life Cycle, gathering and prioritising the product. A product manager job description includes defining the product vision and working closely with team members of other departments to deliver winning products.  

3 Jobs Available
Information Security Manager

Individuals in the information security manager career path involves in overseeing and controlling all aspects of computer security. The IT security manager job description includes planning and carrying out security measures to protect the business data and information from corruption, theft, unauthorised access, and deliberate attack 

3 Jobs Available
ITSM Manager
3 Jobs Available
Automation Test Engineer

An Automation Test Engineer job involves executing automated test scripts. He or she identifies the project’s problems and troubleshoots them. The role involves documenting the defect using management tools. He or she works with the application team in order to resolve any issues arising during the testing process. 

2 Jobs Available
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