Hi , what opportunities can mba/cat bring to me?
I would suggest you to prepare for entrance exams for the top most colleges and try giving them. Because once you start appearing for them you get a first hand experience of how to prepare yourself to crack those.
And since you wanna work for 3 or 4 years more appearing for these exams hand in hand won't cost you much of your time and would help you better yourself in it.
If you are seeking for an MBA outside India i would recommend you to read a book named
Beyond The MBA Hype, by Sameer Kharat
This book might be able to clear your thoughts regarding MBA more clearly. (P.S. The book speaks mostly on International MBA, if you are interested into that only then buy the book)
1. Develop priceless management skills
MBA candidates are usually young professionals with a minimum of two years of work experience. Even senior employees who feel up to the challenge may sometimes apply. After some time in the professional life, it is human nature to seek comfort and to avoid taking risks.
MBAs and their connected specialisations will teach you a lot about everything that makes a company tick. You will learn how to:
Manufacture, advertise and sell your products;
Keeping the company's finances healthy;
Maintain the companys positive image;
Gather and interpret industry data;
Hire the right people and keep them motivated;
Create hierarchies that help the company thrive;
Making the tough calls at the right time.
Studying a Master of Business Administration forces you to get out of your comfort zone. You'll encounter the latest International Business trends, apply the newest management techniques, and keep challenging yourself.
Here are a few universities offering MBAs that will develop the skills and business mindset you'll need to success.
2. Get free access to a large business network
As an MBA student, you have great networking opportunities. Youll get to interact with colleagues, professors and teaching staff (business people with great management experience). And this context will accentuate your business management capabilities.
If you are not doing a part-time MBA program next to your job, you may meet potential employers during internships included with most MBAs.
Finally, you gain access to the extensive alumni network of that particular MBA programme. Your connections will give you a great overview of the business world. Be ready for a deep understanding of the slightest changes in the business environment. You can reflect on some big business issues, and make connections between various global events and world affairs.
Check some of the most popular countries where you can study an English-taught MBA:
3. Better chances and a higher salary for working professionals
The average salary for an MBA graduate is much higher than an employee's with a regular Master's. You can expect to earn twice as much as what you would expect from a regular university degree.
Average salaries for MBA graduates
In the U.S. - 84,650 EUR/year
European countries - 100,000 EUR/year
In two-three years' time, you cover the investment made with your MBA education.
Average two-year MBA costs at top business schools
In the U.S. - 101,200 EUR/year
In Europe - 9,800 to 35,600 EUR/year
4. Start your own company from scratch
Many students choose an MBA because they want to become entrepreneurs and learn how to run a business. They have a big dream and want to know how to turn it into reality. An MBA will help you acquire business practices needed to start a new business or help existing ones grow.
Many MBA graduates end up starting their own business. Those who dont, land middle-level or top-level management positions within big companies. Just imagine how becoming your own boss would feel like.
5. Open the door to thriving career opportunities
Graduates of part-time or full-time MBA programs have higher chances of holding a high-level management position. Over 50% of MBA graduates worldwide are senior managers or board directors. This type of position brings a higher salary, but also greater responsibilities.
According toBloomberg, top employers hiring the most MBA graduates in Europe include Deloitte, Ernst & Young, McKinsey, and Boston Consulting Group. American companies like Apple, IBM, Procter and Gamble, and Amazon are also hunting for MBA graduates.
6. Experience a new place and culture
By earning an MBA abroad, you will gain a new perspective on how businesses are handled and get to live in a foreign country. This will broaden your cultural horizon and your business career prospects.
You can find companies that you want to work for and arrange meetings with potential employers. Who knows, you might end up staying and working in that country after graduation.
Based on the international mobility criteria ranking made by Financial Times, some of the top business schools in 2019 are:
Insead Business School, in France
London Business School, in the U.K.
SDA Bocconi, in Italy
HEC Paris, in France
Duke University, in the U.S.
7. Study portals helps you apply to the right MBA
Studyportals is here to help you find the right international MBA that fits your needs. Are you determined not to waste any time and apply to an MBA right now?You can let Studyportals help you apply to our partner universities abroad.You can apply whenever you want, and it won't cost you anything.
I hope it helps.
Hope it helps
MBA would be recommended if you feel your higher hierarchical movement is being stagnant.
A good experience in addition to your current position for the company you are working with will definitely will be a cherry on top for your MBA plan.
Just when planning for an MBA i will definitely emphasize on the Institute you would plan to get into. Looking at your position i would recommend you to target for the top 5 colleges of India. You will definitely see a clear growth in all phases of your life.
To know about top colleges for MBA in India see the below link:
https://bschool.careers360.com/colleges/ranking
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