Blog_Banner_Asset
    Homebreadcumb forward arrow iconBlogbreadcumb forward arrow iconMBAbreadcumb forward arrow iconIs MBA Required for Career Growth? Reasons to Pick MBA

Is MBA Required for Career Growth? Reasons to Pick MBA

Last updated:
16th Oct, 2022
Views
Read Time
9 Mins
share image icon
In this article
Chevron in toc
View All
Is MBA Required for Career Growth? Reasons to Pick MBA

If you’re a graduate or working professional, you must have noticed how a large number of students and employees of the mainstream profession are opting for MBA, but is it really worth it? If you’re wondering if you need a degree in MBA to boost your career opportunities, you’ve come to the right place. 

A Brief Overlook and all the necessary questions answered:

First of all, MBA gives your resumé a competitive edge. With a degree in Masters in Business Administration (MBA), you become eligible for some of the highest paid jobs in the corporate sector. It is an essential step in your growth. It opens up new opportunities and gives you the skills that help you procure your dream job or fulfill your dreams of running a start-up and being your own boss.

An MBA degree is a post-graduation degree, graduates of any field can apply for it. There is such a high demand for MBAs presently that they hardly go unemployed. The time spent in an MBA institute allows one to network with other ambitious people, recruiters, and entrepreneurs. An MBA is highly flexible, with institutes offering both part-time and full-time admissions. Give your career a boon by enrolling yourself for an MBA program.

To understand why an MBA can be beneficial for you in the long-run, read below:  

Ads of upGrad blog

It’s no secret that MBA graduates, in general, have the highest paying jobs despite being new in the market. Your choice of specialization, business skill and the goodwill of the institute are some major deciding factors of your salary. Also, an additional MBA degree in your résumé will help you in getting promotion and increment in salary.

The reason for high importance of MBA graduates also contributes to their well- understanding of the industry that is imparted to them during graduation.

The students get to learn about finance, marketing, sales, operations, business communication, HR management and more during the first year of their degree. And later on, they are required to choose one subject as their specialization. The specialisation of the student’s choice helps them in carving a niche for themselves.

If you are aware of the current job scenario, you will understand that leveling up in general professions is not easy. It usually takes a long-term investment of time and effort and drains away from your energy. MBA trained professionals, on the other hand, can walk up the ladder easily with their strategic thinking, diligence, and business or managerial efficiency.

It helps in building various skills that increase the marketability of the individuals. The students get proficient in the business leadership and are able to make business decisions by using an analytical approach.

The curriculum knowledge imparted during the course also helps in building strategic thinking and high-level verbal and written communication along with the technical knowledge of the industry.

 Are you someone who does not want to be an expert in more than one profession?

 MBA can make your dreams come true. This course paves the way for a wide array of career opportunities for zealous and trained professionals. More and more companies in various fields are hiring professionals who have an additional MBA degree. Adding your program certificate to your résumé will not just make you more proficient but will also aid in exploring new scopes in the professional world.

Various job roles get opened for MBA graduates. Depending upon one’s interest they can choose any of their choices. Professionals can find carer options in banking, finance, digital marketing, sales, operations, hr, etc.

Depending upon the experience, location, skill sets, organisations and various other factors the salaries differ for different people. With more time invested in gaining and polishing skills, the salary bracket opens up. If the young minds in the field have this doubt “How MBA will help my career?” should be assured that it will be increasing their marketability, they should focus on their skill sets and apply their knowledge to practical use.
Is MBA required for career growth? Yes, it does! As

        Swami Vivekananda once said, “Knowledge is power.” It is true in professional life too. Make MBA your weapon to enhance your knowledge in various fields that can expand your business. Be it Finance or Human Resource or any other specialization, your course will help you to try something beyond your comfort zone and excel in it. Furthermore, with your skill and experience, you’ll be able to adapt yourself more easily in the business environment than someone who is not trained in this field. 

 Do you constantly aim for professional growth to move forward in your career? 

mba courses online

MBA, unlike other courses that have limitations, will offer you room for growth and development. Are you someone who always want to strive for the best and does not want to settle for less? Pursuing an MBA course can be beneficial for you as they incorporate all the current market happenings in their syllabus, thus, making you an expert in business management. This is how MBA helps in achieving career goals for people who aspire to grow and build a successful career.

A number of courses and professions do not teach you how to use money efficiently and you end up wasting a good portion of your income by making unproductive investments. Join an MBA course and learn how to manage or regulate your finances more effectively. MBA graduates especially the ones who were specialized in Finance can head the Finance Department of a company.

The MBA students get to learn about the practicality of the finance domain through theory and practice. Apart from the regular theoretical approach, the students also get to perform various simulations, solve case studies, participate in projects and more. Because of this, the students stand a better chance of bag a good job opportunity than their non-MBA counterparts. Even at the work, MBA graduates are considered for better opportunities that are seen as an asset. So, the students having the apprehension “Is MBA mandatory for career growth?” should be assured though it is not mandatory but definitely helpful!

Planning to settle abroad or work for enterprises across the globe? 

Earning this prestigious degree can be a blessing to make your dreams come true. MBA as a degree is highly recognized throughout the world, so what are you waiting for? Go ahead and make your dream a reality by joining a program of this internationally recognized course.

Are you a working professional? Do you want to add a new degree for a better job opportunity or a better post and increment in salary? 

With a Distance-learning course in MBA, you can get your degree as well as continue your job and maintain flexibility. Study at your own pace without attending regular classes.

Distance learning helps professionals to upskill and gain better job opportunities without leaving their full-time jobs. This way, people can invest their time in gaining skills as well as building an experience for themselves.

 Do you want to boost your business performance or personal performance in a company?

 With your versatile knowledge and skill, it’ll be easy to establish credibility in your workplace. Take your official project to the next level by going beyond your comfort zone to make it successful. You can even make quicker strides to progress in your own business.

  Tired of your 9-5 job and want a fresh start?

 Startup organizations are becoming increasingly popular among enthusiastic entrepreneurs. Completion of course in MBA will not only help you to start your own organization or enterprise but the skill you’ve developed can help you to manage your business, finance, and administration efficiently.

Still not convinced? 

We understand. Joining the corporate world can be quite overwhelming. Earning a degree in MBA will boost your self-confidence and will help you to cope up with the ever-changing business sector. With the skills you have developed along with the experience you’ve gathered throughout your course, you will always have professional benefits over others in the industry. Additionally, it has a positive impact on your social life as it improves your outlook towards life.  

If you are keen on upgrading your career with an Executive MBA course, upGrad is offering MBA from Liverpool Business School. The program has been designed to stand at par with the best on-campus Executive MBA programs across the globe.

Ads of upGrad blog

And the cherry on top – upGrad’s excellent flexible and interactive learning and evaluation systems allows you to balance your personal and professional life in a hassle-free manner. Check out for more information & let our student counsellor help you with your questions.

Learn MBA Courses from the World’s top Universities. Earn Masters, Executive PGP, or Advanced Certificate Programs to fast-track your career.

 

Profile
He is working as Associate Director of Digital Marketing at upGrad. Apart from marketing he is a crazy and courageous traveler. He has traveled from Kashmir to Kanyakumari through his bike(bullet).

Frequently Asked Questions (FAQs)

1 How does an MBA boost career growth?

MBA programs help you to hone your existing skills and acquire new business skills. This gives you the right chance to learn everything that is required in taking up more responsibilities. MBA offers multiple benefits like industry insights, case studies to handle critical business requirements, communication training, leadership training, time management, etc. All of this prepares you for real world scenarios. Career advancement leads to a higher salary package. Your skills and talent together will lead to exciting job offers.

2What benefits can I expect from an MBA?

MBA will culminate into shaping our personality by providing you with precious benefits like an increase in your self-confidence, business skills, soft skills, strategic thinking, networking, better salaries, etc. One of the biggest benefits of an MBA is that it prepares you for handling a better tomorrow, makes you a leader, gears you to receive higher pay, and gives powerful designations. You may choose to do an MBA to elevate your existing career or to transform career paths.

3What kind of financial advantage will I have in my career after pursuing an MBA?

MBA courses offer ample scope and potential. You will not only have a financial advantage upon completion of an MBA, but also progress in your career in your chosen direction. An MBA can give you the desired career shift to location change to high salaries. Salaries depend on qualification and work experience. Average MBA salary ranges up to INR 12 lakhs per annum. MBA jobs could be of managerial profile or specialist depending on your skillset. This is what makes MBA the most popular and demanded postgraduate course in India.

4What skills does an MBA provide?

Some of the skills imparted by the MBA are- 1) Leadership 2) Business Acumen 3) Domain expertise 4) Communication 5) Technical expertise 6) Problem-solving 7) Critical thinking 8) Team management

5Which MBA specialisation is best?

Some of the profitable specializations in MBA are marketing, finance, data analytics, entrepreneurship, sales, HR management etc.

6Why is MBA important for career growth?

MBA is seen in a positive light by employers. This degree increases the employability of professionals. The job opportunities also increase for the candidates and there become higher chances for them to get better jobs roles in good companies with better compensation. The skills imparted during MBA are in demand and are practical, thus MBA holders are preferred for promotions to senior roles.

7How an MBA benefits a company?

Apart from imparting practical skill sets, the MBA degree imparts life skills to students. These are seen as big assets by the companies. MBA graduates are seen as problem-solvers, good leaders, efficient managers and resourceful assets that increase the technical expertise of any company.

8In which field MBA is useful?

MBA is useful in almost every field such as startups, micro, medium and macro enterprises, finance, marketing, product, research and development, and many more. MBA graduates can make a successful career in any field of their interest provided they have the skill sets and the ability to grow and adapt to the challenges.

Explore Free Courses

Suggested Blogs

20 Best Career Options after B.Com 2024: What to do After B.Com? [updated]
1826403
Summary: In this article, you will learn the 17 Best Career Options to choose from after B.Com [2024]. Take a glimpse at the list of courses below.
Read More

by Keerthi Shivakumar

16 Apr 2024

Top 14 Career Options After MBA In HR [Trending in 2024]
92895
In this article, I’ll walk you through the top career options to consider after completing your MBA in HR. Let’s take a closer look below.
Read More

by Dilip Guru

07 Apr 2024

Objectives of Human Resource Management and Policies
5254
Within companies, Human Resource Management (HRM) stands as a foundation, focusing on strategically guiding human resources toward achieving organizat
Read More

by venkatesh Rajanala

01 Mar 2024

Top 10 People Management Skills for Managers
5056
Picture a workplace buzzing with creativity, teamwork, and collaboration. Leaders who possess strong people management skills cultivate this vibrant a
Read More

by Harish K

01 Mar 2024

Importance of Business Environment: Definition and Features
5298
In recent years, the business environment has become increasingly dynamic. Rapid changes in technology, shifting consumer preferences, and evolving in
Read More

by Harish K

29 Feb 2024

14 Principles of Management by Henri Foyal
5039
guiding a team or planning strategy. This shift is often a given today, but in the 19th century, most companies promoted the best technicians. However
Read More

by spandita hati

29 Feb 2024

Importance of Marketing in Business Explained
5072
It’s common knowledge that most customers, around 80%, don’t know about your business directly. This is where marketing steps in, introduc
Read More

by spandita hati

29 Feb 2024

Top 10 Most Affordable Online MBA Programs in 2024
5336
As someone who enrolled in an online MBA school, I know how hard it is to find an affordable online MBA option without sacrificing quality. I was over
Read More

by spandita hati

29 Feb 2024

Top 10 One-Year MBA Programs 2024: Fees, Admissions, Jobs
5167
I know from personal experience that the MBA route is complex and reflects the variety of its students. Due to busy schedules, many cannot commit two
Read More

by spandita hati

29 Feb 2024

Schedule 1:1 free counsellingTalk to Career Expert
icon
footer sticky close icon