The MBA have gone from being an exclusive option for high-level executives to an indispensable requirement for any professional that wishes to work on the business area, independent from their position, activity or specialty.
Initially, it was perceived as a prestigious development alternative that guaranteed the professional growth, it means, that we sign up on a program of this kind to get higher positions on the work field and upgrade our profiles towards manager positions, executives or renowned ones.
As time passed by, however, the MBA became popular and they stopped having that function. It went from a generic focus to multiple specialties that vary according to the studies level and accumulated experience of the candidates.
Moreover, some of the skills needed in the previous decades stopped having relevance and the twenty-first century market boosted new requirements for the business management area. It was not just about performing a great management; the adaption to the digital era was necessary.
Benefits of studying a MBA
Nowadays, it is clear that taking a MBA course is not only about the professional benefits, but also the fact that it is an excellent tool for personal growth as well. The development focus gives a lot of importance to the human factor and the social skills that go hand in hand with the traditional management labors.
Do you have doubts about signing up on a program of this kind? Do you want to improve your professional profile but you are not sure how to do it? Be calm, take a look at the following list of benefits that we propose to you:
- Professional Benefits:
Let’s start with the benefits that we opened this post with: the one that will help you boost your profile and achieve a better position in the current job market:
- It is easier to find a job:
The MBA is an addition in the business sector. And it is even more important when you are in middle of finding a job. Various studies in the sector affirm that the companies prefer hiring professionals with a MBA for their manager positions or the high management. Yes, the experience counts as well; however, currently the complementary formation studies are the ones that are related.
- Better Qualification:
If we talk about qualification, there are two reasons why a professional makes the decision of taking a MBA course: acquiring basic management and business skills and updating concepts. The first one is for all of those that recently started entering the management area, the second one, for professionals with wide experience. What group are you in? It doesn’t matter, whatever it is, you will have a better preparation.
- Widening your contacts network:
In the business area it is not just about the formation, but also the contacts network you create. What is the best place to know new professionals with attitudes and common interests than a MBA program?
- Work Stability:
If your goal is not looking for new job options, but consolidate the one you already have, the MBA will help you do it. Your company will value the effort that you have made to complement your formation and use it, as a matter of fact, they could even count on you for internal short or medium term promotion processes.
- Higher income and retribution:
The promotions, the new positions and jobs that you find after taking a MBA go hand in hand, in general, with a better retribution. According to a study by the Financial Times made in 2014, the professionals improved their salaries up to a 125% after three years of graduating. Do you think that is enough motivation?
b) Personal Benefits:
Since work and qualification are not everything in life, the MBA will provide another kind of benefits on the individual field. What are those?
- entrepreneurship development:
Have you heard of entrepreneurship? If you have not, you must know that it is one of the main skills that are required to the business professionals in the twenty-first century. Why? Simple, because the company modules have been modified in such way that finding a job is not the only route for work performance. Now there are a lot of professionals that start up their own projects, which do not have to be big or massive, as long as they are efficient and viable.
- Holistic Vision of the Business area.
It is a very common mistake to think that the business area has to do with money and investments only. No! Performing in it is much more than that: the capability to manage the resources, the teamwork management, the communication, the motivational strategies, the negotiation types, between others. This general conception is one of the things that are required when taking a MBA.
- Flexibility and continuous change:
The Business area is not the same that it was a couple of decades ago. Nowadays everything is more agile, dynamic and flexible. The high executives and managers must adapt to this circumstance and learn that only with the continuous change is possible to triumph in the twenty-first century market. These two qualities, flexibility and continuous change, are constant in the MBA programs.
- Leadership qualities:
We have named the entrepreneurship as one of the key skills for success in the business world. However, this is not possible without developing proportional leadership qualities first. The MBA are in many cases, favorable spaces to train in the different kinds of leaderships and the teamwork management and projects, in summary, the MBA helps you be a leader.
- Initial investment recovery:
One of the main worries for the candidates is recovering the investment made when signing up on the MBA, well, once you have graduated you will see that everything is easier: your possibilities of finding a new job will be increased, as well as the interest in your profile. You will achieve it quickly.