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Why an MBA is still a winner in 2022 among graduates

Why an MBA is still a winner among graduates today

After the financial crisis of 2008, the equity of MBA programmes slightly diminished as markets crashed around the world. Yet, recent statistics indicate that the equity of MBA programmes is once again going up, as more and more graduate students who are looking to rise in the management ranks, enrol for the programme. Let’s look at why this programme seems to be an evergreen one.

All streams are welcome

One of the core benefits of an MBA is that students from all streams – law, humanities, social work, science, BBA, commerce, BCA, design and beyond – can enroll. Traditionally, those who wished to work in investment banking or consulting were key applicants, but today, the programme is becoming popular among graduates of all streams, as they set their sights on management roles in a wide range of sectors. Leadership, problem-solving, and business decision making are focus areas of the programme.

Read more: How can an online MBA help your career?

Pursue an online MBA

A top trend on the horizon is the rising popularity of online MBA programmes. This mode of study comes with several advantages. The flexibility of the online MBA programme enables graduates to also pursue part-time jobs that offer experience alongside the knowledge they gather in the classroom. You can also pursue a quality programme from a top tier university without shifting to a new country or state. You will, of course, still need to take an entrance exam and bring your best to the programme to graduate with excellence.

Another advantage is the innovative use of technology to enhance the quality of education via app-based learning. Manipal University Jaipur, for example, offers one of the best online MBA programmes, for a two year duration. Manipal University Jaipur offers UGC-recognized degrees, and the programme itself offers a healthy mix of classroom lectures, interactive study modules, networking opportunities and online assignments. Online MBA also tends to be more affordable.

To know more: 5 Reasons why should you do your MBA online?

Get industry exposure

Whether you pursue an online MBA or one on campus, this programme is designed to empower graduates to grow their real-world exposure from day one via industry guest lectures, internships and networking opportunities.

Several institutes host business pitching challenges that encourage students to push the boundaries of innovation, encourage thinking on their feet and help them learn about real world market challenges. Internships are mandatory, offering students an opportunity to build skills and showcase themselves to potential employers.

Read more: 7 career prospects for a management graduate

A rich cohort

Peer-to-peer learning has several benefits, and one of the biggest USPs of this programme is the opportunity to engage with students from diverse streams and backgrounds. This creates a multi-disciplinary learning environment that brings with it innovative approaches to problem-solving, diverse perspectives and collaborative learning, which mirrors the dynamics in the real world.

Read more: How an MBA impacts your career?

Choosing the right MBA

During admissions, make sure you check the history and legacy of the programme and university where you plan to enroll. Check the accreditation score of the university, as well as the overall reputation of the programme. Does it have a good placement record? What is the quality of faculty, and does it have strong industry connections? A superior MBA programme balances all these factors and offers you an experience that sets the foundation for your impressive career.

Read More: Differences between Regular MBA and Online MBA – Which one to choose?

Trying to get into a top university? Here’s what you need to know

Trying to get into a top university? Here’s what you need to know

A goal without a plan remains just a dream. For this dream to turn into reality, you need to stay prepared and stay ahead right from the start. Given the stiff competition, even the slightest of slip-ups can cost you your aspiration of getting into your dream university.

Given that there is a lot at stake, here are a few things to bear in mind as you aim for the top universities:

Plan in advance

The sooner you start, the better your chances of realising your dreams. List out all your choices and research extensively about them. Read up on the cut-offs, eligibility criteria, fees, procedure for admission, programmes, student experience, and everything else. Ensure that you meet the desired qualifications and maintain a decent score that is sufficiently above the minimum.

Planning in advance provides you with a competitive edge. And if you are concerned about the expenses, you can always consider online professional degrees such as online BBA, BCA, MBA, and MCA, that can launch your career into orbit just as well.

Maintain good grades

Your score or grade will be a clear indicator of your capabilities. Therefore, you have to perform exceptionally well in academics.

In addition to your final score, some colleges and universities may also scrutinise your overall performance and consistency. You will have to maintain good academic grades throughout your school years.

Furthermore, suppose you are switching streams or considering a niche course, you may also have to complete a foundational course and score well in that as well. Eventually, it all boils down to the numbers.

Choose a career-driven path

Fortunately, we are no longer embroiled in the Medical vs Engineering debate. We are now embracing a wealth of possibilities ranging from online BCA classes to exploring your love for fine arts.

Ideally, your course should align with your natural interests, as only that would keep you motivated. You need to have an in-depth understanding and some amount of prior knowledge of the subject matter. Create a roadmap envisioning how the programme will contribute to your career and help you achieve your professional goals. For instance, if you have an entrepreneurial streak, you can choose an online MBA programme and establish a start-up.

Shortlist at least five options and apply

As much as we would like to get into our first university of preference, sometimes things may not go as planned. For this reason, no matter how desperately you wish to attend a specific university, always keep a few backup options at hand. Ideally, you should shortlist at least five universities, depending on your course, campus preferences, etc. Apply to as many colleges so that you have backups. Also, do not discount online learning while doing so, as you can have a solid Plan B with online programmes.

Keep a tab on deadlines

Since we’ve mentioned that you must apply to at least five universities, it is equally important to consider their respective procedures and timelines. Remember that the top universities have deadlines that correspond to their academic timetable and the chances for extension are rather slim. Listing out the key dates would ensure that you do not miss any deadline.

Make it a habit to submit your application weeks in advance. By following this process, you can accommodate any unprecedented delays. At the same time, you will have enough time to correct any mistakes or fulfil any deficiencies in your applications within the timeframe. Retain a photocopy of your application and all the documents.

Tap into the power of online education

Online learning is emerging as the next big thing to disrupt the field of education. Upon sensing this shift, the Indian government and regulatory body i.e., University Grants Commission (UGC) allows top universities to offer online programmes.

Technological advancements are one of the most significant driving factors for its high rate of adoption. Students and educators can connect with each other through an assortment of platforms ranging from mobile apps to secure web channels. Whether it is for conducting assessments or video lectures – everything is available at the touch of a button.

Through an online learning programme, you can learn around your existing work-life schedule. Further, these courses offered by accredited universities carry equal weightage as any on-campus degree. For those concerned about missing out on the social aspect of learning, you can replicate the same experience over forums and learning communities.

In a nutshell, online education is defining the future.

Final words

How will you know if you can make it to a university if you don’t apply? Hence, the first and most important tip to bear in mind is to give the university of your dream everything that you have. Give it a fair shot, and your luck and hard work may surprise you. Luckily, technological advancements are making all distant and nameworthy universities accessible through online learning. Stay persistent, and your efforts will bear fruit.

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    Bachelor of Business Administration (BBA)
    Manipal University Jaipur

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