What does an MBA teach you – business management through effective marketing, financing & managing the human resource to realize the company’s objectives. An MBA stands for Master of Business administration because they manage the vital function of the company.
It is critical for the growth of the organization because they plan, strategize, & put to practice business plans that increase the revenue of the organization.
What does an MBA teach you- communication & interpersonal skills that are vital for persuasion because communicating the benefits of the product influences the customer.
What does an MBA teach you- it teaches negotiation by pitching the value addition because customers want value for their money.
The MBA is the most sought after course among all the business degrees because it trains to manage the vital operations of the company.
Most MBA courses offer the following specializations:
MBA teaches you to woo potential investors to invest in your business because businesses require finances to sustain during the lean period.
No business can sustain without finances because the customer recognizes the brand when you advertise it well.
Project finance is a vital specialization in MBA because it ensures startups receive financial backing to survive.
Why do you want to pursue an MBA?
This question troubles many in their career journey because people face stagnation in their career. They have experience but lack the professional training imparted in an MBA vital for their career.
An MBA helps to gain the above specializations that are an integral part of all organizations.
After an MBA, the promotion chances increase because the incumbent is skilled in business administration vital for the company’s growth.
Human resource professionals mange the workforce of the company & motivate them to achieve the company’s objectives.
What does an MBA teach you
Organizations cannot grow without the participation of its employees because they align their personal goals with those of the firm.
Human resource professionals recruit, train, delegate & motivate the employees for realizing the company’s goals. It is one of the most important functions because a motivated employee does wonders for the firm.
For example, Infosys allocates SOP’s to its employees so that they perform & when the company grows, the employee grows along with it.
HR managers devise these strategies because they motivate the employees to realize the company’s objectives.
How MBA will add value to your career
An MBA imparts key management skills like problem solving, decision taking, team work & leadership that help companies wade through challenging times.
A perfect example was the corona pandemic that forced companies to adopt the hybrid mode of working because of the ensuing lockdown.
An MBA senses opportunities in adversity & implements strategies that boost revenue in challenging times like Corona.
They adopt cost-cutting measures like minimizing rents by asking employees to WFH because a leader seeks opportunities in difficult times.
The management professional will motivate his employees to aim high & trains to double the company’s revenue because they are good at strategizing & planning.
Through an MBA, candidates learn the skills of marketing, finance, leadership & management crucial for managing the firm.
Management graduates don top positions in the company because they are skilled in managing the company profitably.
Is an MBA worth it?
Some top-notch companies hire fresher’s & train in key functions so that they are proficient in managing the business.
This practice is dearly because senior managers are taken out of their domain & made to train youngsters, leading to lack of productivity & revenue loss.
Is an MBA worth it
While, an MBA is proficient in management & ready for the job from day one because he has mastered the skills in his course. This course helps individuals climb the corporate ladder fast because they manage key functions of the company.
Just imagine an electric scooter firm launching a superior version of scooters and unable to position the product in the market. They require MBA’s positioning the product in the market & establish a dealer network for easy availability.
Many companies fail because they cannot set up a dealer/distributor network vital for entering the market. Further MBAs are expert persuaders owing to their communication skills crucial for explaining the benefits to the customer.
Those who generate revenue for the company are important, hence climb the corporate ladder faster than others.
Likewise, those who motivate the workforce to achieve the company’s goals are worthy because they add value to the firm.
Benefits of MBA
The benefits of MBA are immense because they manage & optimize key functions of the firm leading to profitable organizations. An MBA fosters confidence because they are skilled in managing the firm with profit.
They motivate employees to innovate, leading to better products that capture the market & generate revenue. The senior management values them because they help them in realizing the company’s goals.
In a nutshell, MBAs are indispensable because they are management experts who ensure they align the company’s functions for growth. They get promoted faster because their leadership skills help to sustain growth.
