Good reasons to pursue an mba

Good Reasons to Pursue an MBA Deciding to pursue Master of Business Administration (MBA) is a trending topic nowadays.

Is MBA just a trend or are there real benefits in pursuing MBA? Is pursuing an MBA at a business school worth the investment and the demanding entry needs?

If you are eager or want to enter the business world, the correct answer for the above question is "definitely YES!"An MBA will serve you a several advantages, especially when you pursue MBA from a top business institute with a very good reputation. There are several B schools in Pune. Among the top school ranks, The “S B Patil Institute of Management� which has made its mark on the students as the best MBA college in Pune. Few of the advantages to pursue an MBA are getting a good salary after graduation, securing a top management position in a firm or even becoming your own boss.

Let’s hear the top reasons for which it is worth to start pursuing a Master in Business Administration degree: 1. An MBA means better opportunities for a higher salary The average salary of an MBA graduate is much higher compared to the salary of an individual with a regular Master's degree. You can expect to earn twice the salary after pursuing MBA in comparison to the salary of an employee with a regular university degree.

The above graph shows the average salary of an MBA graduate in different sectors of the Industry. According to the report, MBA graduates in Technology earn the highest salary i.e. of $86,833. The Banking area offers salary up to $75,000 whereas, Manufacturing and Healthcare offers $78,640 and $78,000 respectively. The consulting and financial services provide the best packages of $84,583 and $80,500 while consumer products sector provides approximately $78,923.

2. Opening door to thrive career opportunities The MBA graduates have a higher chance of obtaining and serving as a high level management position or top level executive in a reputed firm. According to a survey more than 50% of the MBA graduates work as the senior managers or board of directors. This type of position in the company has a higher salary but of course also a great responsibility and extended working hours.

3. Get access to a vast business network As an MBA graduate, you will have great networking chances. You’ll get to know and interact in a way that focuses on your business management capacities with colleagues, professors and teaching staff.

If you are doing a part-time MBA, you can have many good chances to meet possible employers through the several internships that are part of the MBA programmes. Last but not the least, you can avail access to the vast alumni network of the particular MBA programmed and of others.

Your connections will give you a great outline of the business world, and a deep understanding of the knowledge required in the business environment. You can study on some big business issues; make connections among various global events and world cases.

4. Gain business and managerial skills An MBA degree is pursued by young students with at least two years of work experience and also by senior employees that take up the challenge of pursuing MBA. After some point in the professional life, it is the human nature to comply certain repetitiveness and to avert taking risks.

Pursuing a Master of Business Administration helps you to get out of your comfort zone and face the latest issues in business environment, use the newest management techniques and just regularly challenge yourself. And this will continue after pursuing graduation as well, as an MBA also serves you with the channels that will keep these challenges alive and push you to improve regularly.

5. Be your own boss

Several students choose an MBA as they want to become young entrepreneurs and know how to run a successful business. An MBA program will assist you in gaining the knowledge and business principles that are needed to start a business or manage an existing business grow and evolve.

There are many MBA graduates who end up starting their own business and those who don’t start their own business, initially get the middle-level or top-level management positions within top companies.

6. Experience a new culture during your studies If you choose to pursue an MBA, you will get to achieve a new perspective on how businesses are managed. This will broaden your knowledge and intellectual horizon, and your business career view as well. You can search companies that you dream to work for, have meetings with employers and who knows, you might end up working after an MBA or even start your own business anywhere.

An MBA gives you a recognition Once you are an MBA graduate, location is no longer a barrier where you plan to build your career, the degree will increase your credibility among business heads. The main advantage of an MBA is its versatility. With an MBA, you can go for many career fields, and make advancement to higher and better-paid jobs faster than others.

So, start looking for an MBA degree and make your career a success!