With MBA, you become employable globally
Pursuing an MBA is a significant investment in terms of both time and money after crack the MBA entrance exam. But, the returns on investments too are very high and make an MBA graduate employable globally. Take any job portal or a company’s career page, the share of job posts requiring an MBA as a minimum entry criteria is very high, as much as 90% in sectors such as FMCG and banking. An MBA can boost one’s employability in a demanding job marketplace where corporate recruiters place a premium on job seekers with a management degree.
A majority of corporate recruiters plan to hire management graduates due to their employability, as MBA is perhaps the only professional degree that is designed to cater to the needs of the market and retains that dynamic aspect. A difference must be made between employment and employability. Employability means a collection of skillsets with a developed knowledge base, subject matter expertise, and a go-getter attitude in a competitive market. Employment is temporary, while employability is a life-long skillset.
The role of a management institute in enhancing the employability quotient of a management graduate cannot therefore be understated. An MBA course pushes an aspirant to think out of the box, nurtures a leadership mindset, and tests and refines their problem-solving skills. The net effect of this is that aspirants develop strategic acumen and a proven ability to perform. They have a short learning curve and are ambitious. The institute imparts employability skills of MBA aspirants by inculcating a spirit of learning, developing and honing problem-solving skills, and a testing ground for experiments. These skills are then employed in real-time marketplace.
MBA graduates, as most recruiters say, are methodical in their approach and are trained to deal with the new business challenges. Not surprisingly, recruiters and corporates run after them. And not just job givers, but job seekers too believe that their management degree has an outstanding value. The 2016 Alumni Perspectives Survey Report by Graduate Management Admission Council (GMAC) says that an MBA graduate on average is able to recoup their business school investment within four years after graduation.
The survey of more than 14,000 business school alumni showed that more than 4 in 5 alumni expressed satisfaction with their education. Not only that, around 93 percent respondents were of the view that their education was personally rewarding. Another 89 percent said it was professionally rewarding and another 75 percent found it financially rewarding as well.
A well-earned MBA degree opens new vistas for management graduates and provides the professional foundation for entering the choicest of the domains and succeeds in the business world. No wonder, market respects and attaches value to an MBA graduate.
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