The Value of MBA in Today's Day and Age

 What is the MBA guarantee in today's day and age?

The overall understanding of what is the necessity behind acquiring an MBA degree, how it is useful and why it is beneficial to the many industries running operations today.

Depth, not breadth, is the key. Promoting yourself is the key and not being the arrogant brat for having done something extraordinary previously. This quality and characteristic is what MBA shapes in a professional. MBA is best perceived when it bridges the gaps in your knowledge, and allows you to make full use of it and work efficiently better than previous performances. That is, for example- it is difficult for every technical guy to know everything about a business as to how to run it, how to hire a talented resource pool, how to manage expectations of investors, how to chart out results that please the investors, how to efficiently manage the team and maintain balance in the management etc etc, even though there are some who have shown the world results that were better than expected, and we read about them. But for an average technical person who has been in the industry for some time, an MBA helps him to understand and co-relate all the factors of a business world and build up a substantial career after pursuing a specialization. It doesn't make him/ her smarter over the period of course but he will be tuned to be well aware of what is going on around him/ her. It is the simple philosohpy of saying whether the grapes are sour until you taste them.

It is a known fact that knowledge goes from fresh to dated to obsolete as time passes. What MBA elucidates is the set of acquiring and utilizing certain set of skills and honing of talent that they stay for a long life in professional career. Some of the qualities and skills such as a comprehensive course in functional skills, the inculcation of a structured thinking process, an awareness of the prevailing business environment, the development of people management skills, quick access to the latest research in management science, access to an active and accomplished alumni base, and lastly a window to further opportunities and creating a niche market.

 

But the evolution of deriving this value has gone through several litmus tests over decades of studies. Ivy league universities and many top level management firms have done extensive studies and churned out talents and knowledge base to give out answers to four Ws and one H to MBAs, but that uniqueness in each individual pursuing a management course can be immeasurable and incomparable. Many CEOs feel MBAs are absolutely essential—but one must find the right program for themselves, and as soon as one is on the right path that they have chosen after careful analytical thinking, then that graph will be seen as going upward and will be seen as a useful added extra point in recruitement. Basically, an MBA makes it easier if you’re looking for a fresh start, say for example- a teacher wishing to start a business or start-up an enterprise because of an excellent idea and prospective business growth, in a new industry it becomes a difficult task if they are not fully equipped with skills or knowledge to sustain it.