The Benefits of MBA Studies
If your parents offer to pay for an MBA program, they should be careful: It takes a lot of work and money to get the degree. The right MBA can give you the tools for career advancement, a valuable professional network, and access to greater opportunities. But if you’re not “all in,” you may be better off delaying your business school plans or seeking out other ways to expand your knowledge and experience.
The MBA curriculum is often heavily grounded in theory, but many programs also incorporate experiential learning opportunities that provide students with practical training. For example, an MBA student might complete a group project with real-world results that are then formally presented to the rest of the class. These projects can help students build their networking skills and expand their perspective.
Another benefit of the classroom experience is making connections with classmates from around the world. Many MBA programs attract international students, and it’s common for them to collaborate with their section mates on coursework throughout the course of the program. This exposure can broaden an MBA graduate’s enterprise perspective and enlighten their discussions about global strategy.
While some MBA graduates decide to change careers entirely, most choose to pick up the pace of their professional development within their current industry or company. This can be a smart way to gain new experiences while building your leadership and management capabilities in your current role, and it can also increase the likelihood of landing that promotion you’ve been working towards. studium mba