Should you get into an MBA Programme? How can you decide whether MBA program is right for you?
For many students and business professionals, deciding to pursue an MBA programme is a big decision, as it requires commitment and investment of the two utter most important assets in your life: time and money.
The decision for many Nepalese students is often influenced by various socio-economic factors like social status, friends circle, lifestyle etc. For these people they want to pursue an MBA programme for social prestige, for career advancement or to change track in their career path. And for changing track of their career path.
However, one common mistake most students usually make is that they don’t introspect their choices therefore, it leads to making an ineffective decision. Let’s think about this, in this blog, we talk about why you should decide on getting into an MBA programme like an MBA student should.
The culture of following a trend and getting academic degrees without gaining clarity upon your future aspirations might leave you in distress for your future. So, it’s prudent to ask yourself: does your expectations match what the MBA programme offers you? Is there a job market for your MBA degree? How will MBA programme supports you in your future career path? If you make thoughtful decision, MBA programme can be much more than an academic degree for you. You can add value to your existing perception and explore your intellectual horizons in a more meaningful way. No doubt, the MBA programme will nurture the way you think, the way you make decisions, and the way you execute. Generally, MBA programme offers three major benefits which can vary from one business school to another.
MBA programme has made a huge leap forward over the last few decades. Previously, it was more focused on quantitative subjects like finance, supply chain management, accounting and so on. However, to become relevant in the age of globalization, modern business schools prioritize on subjects like strategic management, organizational behaviour and leadership among others. MBA programme is more focused towards developing “soft skills” that will prepare students to take leadership and managerial role in the company.
The major advantage of enrolling into MBA programme is experiential learning, developing leadership and management skills; interpersonal skills with peer groups that will be much more valuable in your career success. The teaching methodology of an MBA programme is more focused toward experiential learning approach that emphasizes group discussions, case studies, understanding strengths and limitations, providing feedback, and promoting self-awareness. Thus, students will be able to develop soft skills in different avenues of businesses. So before considering the MBA programme for yourself, ask yourself these questions:
Does the MBA programme focus on providing leadership and management skills? How are these courses structured in the curriculum?
Does the alumni endorse the MBA programme? What is their experience about MBA programme?
Are there any alternative means for you to develop these soft skills?
Do you have the time, resources and commitment to pursue MBA programme?
Not every MBA programme has the same level of reputation in the marketplace. Certainly, the signal that it sends to marketplace depends on the perceived prestige of the business school as well as accreditation of MBA programme. So, you need to ask yourself these questions before enrolling into an MBA programme.
What sector are you working on right now? What sector do you want to work in the future? How employers perceive the employee with an MBA degree?
What is the reputation of business school offering an MBA programme? How recruiters perceive the reputation of the MBA programme’s degree providers?
One way to identify the quality of the MBA programme is to check its reputation or ranking in the marketplace. In 2017, New Business Age and Arthik Abhiyan awarded SAIM college with the title “Best Business School” for both BBA and MBA programme. They evaluated the standards of a business school based on the teaching method, faculty, services, curriculum, and graduation rate among few. The credential from such a reputable organization will send a useful signal in the marketplace about SAIM College’s BBA and MBA programme.
College is a place where you will meet people from diverse fields and professional skill set. One major benefit of joining the MBA programme is access to the large network of students from different professions and industries. MBA programme emphasizes working in peer groups and group discussions. Students can learn from their peers as well as from faculty members. People you study with will become your fellow alumni or might be your future business partners, and the relationships you nurture with them can help you move forward in your career path.
Therefore, to succeed in this changing world, the secret ingredient is networking. Research shows that professional networks lead to better job opportunities, as well as deeper understanding of the prospective job fields. Not all alumni networks are created equal. Depending on MBA programme, some business school has a larger established alumni network while others are concentrated into a certain geographic areas. So before deciding to enrol in the MBA programme, ask yourself these questions:
Do you know any alumni in the MBA programme that you are considering to join? What is their professional background and how diverse are they?
How active are the alumni networks of the business school you are keen to enrol in? Are they involved in the professional field of your interest?
What support does a business school provides to its alumni network? Does the business school organize alumni events and networking activities frequently?
SAIM college has a history of providing MBA education for the last twelve years with large alumni networks in diverse professions in and outside the country. SAIM Alumni Association is an active alumni group of SAIM College, established with an obligation to help and support fellow alumni. Upon completion of an academic degree, you will get an opportunity to network with fellow alumni from diverse business fields.
Decide for yourself, getting into an MBA programme equips you with knowledge and skills that you need to solve the problems in changing business world. The pay grade for MBA graduates are significantly higher than the ones without the degree. Furthermore, the credential and network you build during the MBA programme could help in your career advancement. At the end, what matters is what you do with your MBA degree. You must be clear about your own choices and aspiration before enrolling into the MBA programme.
Getting into an MBA programme will not be effective if you are not aware of international market trend in this age of globalization. SAIM College offers MBA Global Business programme in affiliation with Pokhara University. Our MBA programme provides insight into the development of soft skills, global business scenario and various aspects of International business practices.
If you want to level up and lead, then SAIM MBA Global business is the right choice for you. South Asian Institute of Management (SAIM College) is a reputed education provider of MBA Global business and BBA programme in Nepal. SAIM College is affiliated to Pokhara University and is dedicated to developing managers and entrepreneurs with leadership skills and global mindset through its outstanding programme.
To learn more about the MBA Global Business programme, read here.