A survey was conducted by the MBAUniverse.com, a website offering extensive information about the management in business administration course, regarding average salaries of MBA graduates. The survey proved that there was 20% increase in the average salary offered to MBA graduates in 2010 as compared to 2009, in India. While lucrative compensation is, of course, one of the main reasons why you should consider joining a MBA degree course, there are other benefits as well. A MBA program can add to your interpersonal skills, leadership skills and innovative thinking ability. Even professionals can reap benefits from this course. This article focuses on some of the major advantages that a MBA degree course can offer you.
Why You Should Consider Doing a MBA Degree Course
A MBA degree course can contribute both to your professional and personal growth. Read on to know the many benefits:
1. Career fulfillment
In most cases, MBA students get job offers during the course of their study. National and multinational companies often participate in campus interviews in order to find fresh talents. Due to worldwide recognition of this qualification, it also gives students a chance to kick-start their career from any part of the world. Furthermore, a MBA degree can help working professionals get promotions in their existing field. There are many professionals who are not satisfied with their current job profiles and are interested in career change. Earning a master degree in business administration can be helpful for them as well. Even there is scope for starting a new business after completing MBA.
2. Gaining expertise
Going through the course can help students understand the basics of business administration within a short period. They are likely to get practical training during the course of their study. They may also get traineeship opportunities which can be quite effective in terms of recognizing the pros and cons of real work environment.
3. Paid training
According to the Graduate Management Admission Council’s survey, companies sponsor 18% employees for full-time MBA, and 59% for the part time program. They do this in order to boost up skills and expertise of their employees. It’s a great chance for employees to get training in the company’s dime.
4. Network building
Enrolling into MBA degree course can help students build a network of contacts. They can interact with fellow students belonging to different countries and locations. Furthermore, students can build business relationships with the alumni and successful students. All these can be quite beneficial throughout the course of their professional career.