The Benefits of Pursuing an MBA in Today’s Competitive Job Market

Thriving higher in a career always needs a catapult that expels you with greater force to reach greater heights. One such exclusive career expulsion force is the MBA, i.e., Master of Business Administration.

Developed with a keen interest in aiding students and graduates to upgrade their career profile towards a higher level in their chosen stream, an MBA is an elixir that replenishes every individual’s career when pursued.

Wanna know how an MBA pursued at top MBA institutes in Mumbai and others helps in today’s competitive job market?

If yes, it is time for you to read this blog.

TABLE OF CONTENTS:

  • MBA – A step towards a giant leap in your career
  • Course Highlights of MBA
  • What are the benefits of an MBA in today’s competitive job market?
  • Conclusion
  • FAQs

MBA – A step towards a giant leap in your career:

Not to be praised like the unknown, the value of an MBA in terms of both personal and professional growth is transparent to everyone.

MBA pursued at leading colleges such as Universal AI University, the best university of Mumbai and others hold a significant advantage with its remarkable curriculum that inculcates strong administrative and managerial skills in the pursuing individual. 

This incredible development agenda of MBA has made Indian students take up MBA ambitiously, thus making India the second largest pool of MBAs in the world as per Times of India.

Getting a refresher on how valuable an MBA is, here are the course highlights of an MBA that you should know if you are planning to pursue at top MBA colleges in Maharashtra and other states.

Course Highlights of MBA:

MBA degrees are offered in wide varieties ranging from full-time to executive at various top B Schools in Mumbai and other places.

Here are some of the generic details of the MBA course.

Duration  2 years
Eligibility Criteria The basic eligibility criteria to pursue an MBA at top MBA institutes in Mumbai and others are as follows:

  • Candidates should have completed a UG degree with a minimum passing mark of 65% at any recognised educational institution.
Admission Process The MBA admission process varies from college to college.

Certain colleges provide merit-based admission considering UG scores.

Top MBA colleges consider entrance exams such as GMAT, CAT, etc, and/or conduct their entrance exam like Universal AI University conducts the UB SAT exam.

Average Course Fee INR 1.5 LPA to INR 7 LPA

On getting to know the fundamental details of an MBA degree, let us explore the benefits of pursuing an MBA in today’s competitive job market.

What are the benefits of an MBA in today’s competitive job market?

MBA in many ways pushes the candidates towards an enhanced career in this competitive job market. Here are some highlights of it.

Enhanced Business Knowledge:

The primary benefit of pursuing an MBA is that it provides a comprehensive understanding of various aspects of business, including finance, marketing, operations, human resources, and strategy. This broad skillset makes MBA graduates versatile and capable of taking on diverse roles within organizations.

Notable Managerial Skill Development:

The penultimate expectation from a graduate in the competitive job market is managerial-level skills that match the leadership scale of the company. Considering this facet, you can surely vote that an MBA is the right choice for your managerial skill development.

Some of the prominent managerial skills developed by pursuing an MBA degree at top MBA institutes in Mumbai and others are as follows:

  • Communication skills
  • Leadership skills
  • Critical Thinking skills
  • Problem-Solving skills
  • Decision-Making skills
  • Team Management skills
  • Organisational skills
  • Analytical thinking skills
  • Stress handling skills
  • Solution designing skills

Exposure to global perspective:

Unlike other educational courses, an MBA is all about business thus introducing you to global business perspectives. 

With the increasing globalization of business, employers value candidates who have a global mindset. MBA programs often offer opportunities for international exposure through study abroad programs, internships, and diverse classroom experiences, which can be highly attractive to employers operating in international markets.

Great Networking Opportunities:

Professional networks are the best connection for crawling and climbing to suitable higher career positions. MBA programs offer helping hands in developing professional networks.

MBA programs often bring together a diverse group of students from various industries and backgrounds. These connections can be invaluable for building a professional network that can help in job hunting, seeking career advice, or even future business ventures.

Advantageous Credibility Over Non-MBAs:

Finally, the great advantage that MBA holds is credibility over non-MBAs in the competitive job market.

Candidates with an MBA degree are hired for higher-level positions in the business world compared to those with no MBA degree. Adding on to it, the pay scale of MBA graduates is way higher than non-MBAs.

Take a look at some notable career positions that are open for MBA graduates.

Job Roles Average Salary in INR
Marketing Analyst 4.53 LPA
Marketing Executive 3 LPA
Sales Manager 4.57 LPA
Human Resource Manager 8.13 LPA
Talent Acquisition Specialist 6.5 LPA
Compensation Manager 5 LPA
Financial Analyst 3.5 LPA
Accounting Manager 4 LPA
Business Analyst 4 LPA
Information System Analyst 5 LPA
IT Strategist 10 LPA
Software Manager 15 LPA

On the whole, an MBA degree is a sure-shot best choice for a great career in today’s competitive job market. Explore different MBA specialisations at top MBA institutes in Mumbai and others, and enroll yourself for the best suitable one for a great future.

Conclusion:

Getting to the concluding point, it is clear that MBA degrees pursued at top MBA institutes in Mumbai and other places are the roadway towards a great career in the competitive job market of the corporate world.

FAQs:

1. Why MBA is best? 

MBA is considered the best higher education option as it offers educational training that helps in career advancement in any chosen stream.

2. Is an MBA a successful career?

Yes, an MBA is a successful career as it paves the way to upgrade your professional grade to the managerial level at any chosen stream in and around the world.

3. Is an MBA safe for the future?

Yes, an MBA is a safe career choice for the future as there are an increasing number of business establishments every year which creates a great career pool of graduates with expertise in management and administration.

4. How difficult is an MBA?

MBA is not difficult when pursued with interest and utmost dedication to master the skills of management and administration in the field of business.

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