As the business sector changes at a breakneck pace, some wonder whether an MBA is worth the time and expense. An MBA program offers a valuable shortcut to gaining the skills that underpin commercial success.
An MBA broadens your enterprise knowledge to help you understand the nuances of operating in a global arena. Many of today’s best programs offer an overseas immersion trip to add further dimension to the classroom discussions. This is especially useful given the increasingly international nature of businesses.
You’ll also gain invaluable critical thinking and strategic planning skills. Developing these can help you tackle new projects, or even to think through your personal goals and finances. You’ll also become a better communicator, with the ability to clearly and confidently explain your thoughts to others in work-related settings and at networking events.
The MBA degree also provides a major boost to your professional network. You’ll find yourself surrounded by other talented professionals at your classes and in your wider alumni network. This can lead to opportunities that may not have arisen had you not gone through an MBA.
Many MBA students use their education to pivot into industries that they don’t have experience in. Others come to the program with specific career ambitions in mind, such as to take on more leadership responsibilities or move into biopharmaceuticals. In such cases, an MBA can provide the career momentum and leadership skills that will be required 10, or 20, years down the road when you finally make that move. studium mba