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Importance of MBA for Managers Today – Batch N-ZWelcome to the first topic. Please use the comment section to write your views. Thanks Professor Madhurie Singh 20 comments to Importance of MBA for Managers Today – Batch N-ZYou must be logged in to post a comment. |
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An MBA degree can provide us practical knowledge and theoretical knowledge about business.MBA gives the overall business activities which are happening in the business world.MBA program provides a wide variety of specialization such as finance ,marketing, human resources, systems etc.It provides a wide variety of job opportunities.I joined for an MBA program because i am interested in improving my leadership skills and management skills.Another important thing is that, i have also a plan to start my own business.So by studying MBA program i think i will get enough knowledge regarding how to build up my own business.
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IMPORTANCE OF MBA IN TODAY’S CORPORATE WORLD.
Mba course is easily available in very economical rate because education loan is easily available and mba course gives opportunity to learn ,to learn new elements such as HR, finance, marketing and definitely the money factor is also their
MBA ………really a difficult term but still the dream of many (people dream such difficult things anyways). Years ago the flavors of market were Doctors, engineers and more engineers…then came the IT wave…..and then the MBA tsunami.
MBA – Masters of Business Administration. Such a fascinating word. A degree which gives you not only status but also an opportunity to grow in this ever changing corporate environment. And of course high pay packages. But MBA is not that easy. You have to pay a cost for it viz. hard work.
Now the main question. Why do corporate go for MBAs? Why is it so important?
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Why have you left your questions unanswered at the end?
The purpose of an MBA education is to provide training in the theory and practice of business management. An MBA would be effective for me to,
1. To gain a competitive edge in the competitive world.
2. To develop technical expertise.
3. To gain valuable networking resources.
4. To enjoy greater job security.
5. To enjoy greater job satisfaction and self satisfaction.
5. To become a leader in an emerging field.
6. To develop my personality as a whole.
7. and finally to start my own business.
My final goal in life is to be a Very Successful Entrepreneur and to attain it I would need the above listed skills/qualities and I would surely get those from an MBA and I’m very confident to get it from MILE.
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Master of business administration
An MBA after graduation is very important in today’s life. You will get a job if you pass a graduation but the quality of the job differs when you have an mba degree. An mba degree can provide you a lot of practical knowledge and theoretical knowledge of what business is all about. An MBA degree involves rigorous training, assignments, presentations, reports, all of which give you the necessary abilities to handle real-life business situations.MBA program also provides you a wide variety of specialisation such as finance ,marketing, hr, systems etc. Mba degree is best option for a person who wants a leadership and manager role. An mba degree has a wide variety of scope. Your growth will get stunted even though may hold a vast experience but when it comes to promotions then the degrees play a very crucial role. Even an mba can help you to be an entrepreneur if you didn’t like to work for others. These are the reasons why an mba after graduation is necessary.
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Today’s corporate market is very much competitive due to many business players and thus a tough competition. So those who are willing to pursue their career in management should definitely go for MBA after graduation. Also it’s an elevator for good positions and packages rather than going by experience ladder. MBA enable’s the student to make a smooth transition to a higher level of responsibility. MBA students typically will make significant career progression for a number of years after their first degree. As an engineer, I believe technical knowledge with management skills make us perfect for the job profile . What you don’t learn in Engineering is how to practically implement your ideas or find solutions or even how to work together as a team . I am sure I have a bright future after my MBA , that is why I opted for it. Set your goal of what and where you want to work for then go for it.
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MBA (Masters in Business Administration) is essential in today’s world because it gives you and edge over the other in terms of skills & qualities. It basically helps to identfy your inner strengths and weaknesses with different aspects of managerial skillls such as leadership skills & team – building skills to enhance your personality. In today’s world, there is a lack of ethical and honest leaders such as Narayan Murthy, Ratan Tata and Jack Welch who has the vision, goal, adaptablity and different skill – sets.The combination or blend of all these above mentioned qualities are needed to become a successful manager and that needs an MBA degree which further makes you a good leader which will help our nation to become a global power.
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The need for MBA cannot be really expressed in words..
MBA today is your door into corporate world. It brings engineers,arts,commerce and science students on a single platform to hone them for corporate world.
This is the reason why MBA is known as a “professional” degree just like CA and CS. One has background of their own-maybe commerce,science or arts. But managerial skills is a whole different ballgame.
That’s why corporates want an MBA after graduation and that’s the basic reason why everyone goes for MBA..as it provides a very good platform to hone and prepare ourselves for the corporate world.
People having work experience are usually preferred for MBA as they already have a rough idea what the corporate world is all about. Also,the major attraction is lucrative salaries and broaden our work platform.
Importance of MBA in todays competitive world would be :
To Improve leadership Qualities
To hone one’s skills and make oneself at par with the
competitive world
To make a Unique position in the market place.
MBA is something which will add extra value to the one’s
education. One knows to manage the people and resources effectively . Also corporate world requires you to deal with presssure in difficult situations. MBA will help you to do that.It is prime important for the entrepreneurs to be a MBA graduate to startup the projects and new ventures so as to take forward the business ethically and effiectively and perform beter and productively.
MBA is the booming in the Indian Educational System due to high paid offers to the students in the present scenario. According to me, management education is the need of current competitive world and for that we need to gain all kind of knowledge which will increase our employability and also it will minimize our knowledge gap. For that we need to do lot of hard work with proper guidance and direction. And if you want to get good career in today’s corporate world which will give you good industry exposure and salaries then you need to must have to do lot of work with 100% dedication in these two years of your life. In these two years you will have to concentrate not only to the core subjects but also the today’s corporate needs because in this complex business world you need to upgrade yourself according to the need of the business with the help of latest technology.MBA gives the overall background of all the business activities which are happening into the world from the people of business world. In MBA, students are coming from different graduation backgrounds and now most of the engineering guys are approaching to gain the knowledge of management because of good demand of management graduates from engineering backgrounds in the corporate world. So I believe that MBA give you a excellent career which will not only explore you skills but also helps in achieving your goals.
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M.B.A a need of an hour..
Why is it important to do M.B.A in todays world ? What is s0 special about it ? A lot many reasons are there. To become a successful organisation / industry/institute ..etc. One should have the proper strategy to manage it . Management is both art and science. An organisation can have the excellent staff , analyst but if it does not have the strategy to manage it could failed.In management we learn a lot many subjects and each of it has got its own importanc. such as marketing , HR. marketing person will be responsible for the promotion ,sale ,branding of products Whreas HR person will be responsible for recrutuing the right person at right job at right time . All these functions are integrate part of an organisation, to make sure the smooth flow. Management study will help the students to enhance managerial skills,sharpen the vision, increase in business accumen and can view the things with perspective of business.
There are many organisations in the world producing the same category products but very few are running successfully because of the good management people .
MBA, Master of Business Administration is study of overall development of personality for organization. MBA not only deals with basic things of business but it creates awareness about business related issues like Finance, Marketing, Human Resources, Operation management etc. Now a sdays MBA is booming in every sector. Due to Globalization the importance of MBA has increased.
Importance of MBA
•It gives all information of world war, tactics, strategy leadership style, industrial revolutions and all over knowledge of management related activities. Now a days those are used in every countries.
•Experience person wants to change their professional line or after working for several years they want to switch to a good position.
•Engineering students think MBA should be compulsory for them because in current scenario there is huge demand for managers of engineering background.
•Indians those not belong to metro cities have their family business and they want to continue it for long period. This business needs business related education for better performance hence MBA is necessary for them.
•Entrepreneurs of most of the organizations are MBA now.
•Entrepreneurs like Nandan Nilekani, Sunil Mittal, Anil Ambani and Advisor Mr. C.K. Prahalad are greatest examples of MBA’s.
•MBA also provide opportunity of International Business.
These are the reasons why people gives importance to MBA.
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Need for MBA after Graduation
MBA (Master in Business administration) changes the overall personality of the person.It is a ladder to rise in the corporate world.It helps in overall development and sharpens the skills of the person not only in the sector in which he specializes in but also in all the sectors to some extent.It make a person fit for the corporate world by making him more responsible, confident,ready to work any number of hours,keeping mind open,ready to face anything,time management,punctual,disciplined,making a person to think etc. It gives us a platform to use the theoretical knowledge and skills that we have acquired in last 10 years.It makes a person more responsible.It brings students out of the dream world and make them exposed to the real world.It tells how competitive the world is?How limited we are in thinking and doing work?what is the extent of knowledge we are lagging behind?Where we stand in the world? I want to pursue my career in management to gain enough knowledge to start my own Business.It helps us to perform a task more effectively and efficiently in all walks of life.Thus,MBA compensates for all the things that we lacked in our education system and make us aware of our surrounding.
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An MBA after graduation is very important in today’s life. You will get a job if you pass a graduation but the quality of the job differs when you have an mba degree. An mba degree can provide you a lot of practical knowledge and theoretical knowledge of what business is all about. An MBA degree involves rigorous training, assignments, presentations, reports, all of which give you the necessary abilities to handle real-life business situations.MBA program also provides you a wide variety of specialisation such as finance ,marketing, hr, systems etc. Mba degree is best option for a person who wants a leadership and manager role. An mba degree has a wide variety of scope. Your growth will get stunted even though may hold a vast experience but when it comes to promotions then the degrees play a very crucial role. Even an mba can help you to be an entrepreneur if you didn’t like to work for others. These are the reasons why an mba after graduation is necessary.
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Until our graduation we had followed the book culture and we were doing everything based on the marks and not knowledge.MBA change that style .We study beyond the subjects. We get the actual feel of working in an organization where in we start making quick decisions, understand the situation, make strategies, think of various alternatives in-depth and its effect of the micro things happening around with the help of all the case studies and its analysis. Also we develop our complete personality. Its gives us the opportunity to emerge as leaders, understand human relations , become proactive, take quick decisions , think with open mind, do extreme hard work, start multitasking and prioritize our tasks by planning well in advance. It helps us create an attitude of doing any kind of task which we would have never ever thought of doing.
Just as we have a TRIAL/DEMO version of a software MBA would be the TRIAL/DEMO version of corporate world
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The purpose of an MBA education is to provide training in the theory and practice of business management. An MBA would be effective for me to,
1. To gain a competitive edge in the competitive world.
2. To develop technical expertise.
3. To gain valuable networking resources.
4. To enjoy greater job security.
5. To enjoy greater job satisfaction and self satisfaction.
5. To become a leader in an emerging field.
6. To develop my personality as a whole.
7. and finally to start my own business.
My final goal in life is to be a Very Successful Entrepreneur and to attain it I would need the above listed skills/qualities and I would surely get those from an MBA and I’m very confident to get it from MILE.
I want to pursue my career in management as it would not restrict my life to same monotonous routine and make me apply my own intellect and creativity other than mere application of academic and bookish knowledge.
I see a good manager in myself but I firmly believe that there is lot of scope of improvement as I need to strengthen my skills and polish myself to face the gruelling corporate life ahead. I want to learn the intricacies of the field of management so that I don’t falter in any work assigned to me in my job and am able to rise in life based on my hard work and proficiency.
I feel managerial skills are very essential is to perform a task more effectively and efficiently as we are required to manage something or perform multitude of tasks in all walks of life and an degree in management coupled with the skills I would have learnt at the end of my management course would make me more skilled to perform any task diligently.
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