MBA Post Work Experience: A Better Perspective
One of the biggest confusion we face is about what next in our career and/or professional front. When to give up on studies or take a break and gain some work experience and when not to do so is a crucial point of decision. In context with MBA, it is one of the most favored professional degrees that give the degree holders an important position among the job seekers. The problem comes in deciding the right stage of pursuing MBA program.
What is an MBA?
It is very important to understand the real MBA before deciding on one. The course structure varies according to the sector you want to specialize in and therefore a thorough research is important. MBA is not just about getting another degree and adding weight to your resume. Instead it is about getting to learn management principles, which can be applied not only at your workplace but also while managing things at home and/or otherwise. Management is all about developing and enhancing leadership qualities along with getting your communication skills polished.
When to go for an MBA?
The cat race has a number of people jumping for MBA degree but not even half of them are successful like those who get into IIMs. This is because this degree requires a particular set of mind and needs to be pursued at the right time. Most of the aspirants face this dilemma and many of them end up making a wrong choice. This happens because majority of the population is in favor of getting done with the studies in one straight go before they start earning. Well, according to the statistics it has been proved that it is the experience holders that are given preference and also most of the IIM students are those who have a work experience of about at least 2-3 years. It is advised to enroll yourself in MBA program only after you have gained some experience.
Why work before an MBA?
Not directly jumping for MBA degree post graduation is a smart choice. This is because the time span between the entry into a B-school and graduation, if spent working and gaining some experience, will make things clearer. MBA has a lot of options for specialization and in case you give yourself some time and an experience boost, it will be easier for you identify the one that you want to major in. It also enables you to identify the skills you need to hone. The experience also marks you considerably over the ones who have no experience and an MBA degree.
Before setting your foot down in favor of pursuing higher studies it is important to analyze the market demand and current scenario as well. It is very easy to gauge that the demand everywhere is of experienced individuals. So if you get placed in a good company it is better to make use of that opportunity and convert it into your learning period. It should be considered that you are being paid for learning things and gaining knowledge and not because you work for that particular organization. Once you have gained enough experience and knowledge and have analyzed your skills you can then move towards a B-school.
What do the employers say?
If we look from the employer’s viewpoint, they say that it is best to hire a candidate who has good knowledge and even better if he also has some experience. This makes a candidate a priority when it comes to the selection table. It is believed that an individual who gained some work experience before enrolling himself for MBA program is better at making decisions. The ability to lead the team and to keep up with the targets and deadlines comes naturally to those who go to school after having a shot at work. In addition to this, the employers believe that the experience adds to the knowledge and the alternate between theoretical aspects learnt at college and then their practical application and again learning to cover up the loopholes through MBA presents a clear picture before the student/employee and thus helps them in gaining what they should. The skills both soft as well as hard get polished and the maturity level reaches an all time high. It is like a personality development course that helps the candidates or the students to emerge out as a winner with all round development post completion.
Higher degree means higher packages?
Last but not the least, the fact not to be missed is that higher the degree you have better are your prospects of landing a job of your choice. To add cherry to the cake, it is about a much higher package if you have some work experience too before you got yourself into higher studies. The companies and your potential employers see you as an investment and therefore easily shell out good amount of money as your package. So if your aim to reach greater heights and also earn the money spent on your education with interest, then the right path you should follow is enrolling for a MBA program only after you gain some practical experience of about minimum 2-3 years.