At a university, students learn a profession. Each student is taught to be a good accountant, marketer, doctor, that is, a competent specialist. However, when a person becomes a manager, he soon realizes that his main task is to control not only himself but a whole team. He must be able to organize the work of subordinates, motivate them to achieve desired results, resolve conflicts, allocate time effectively and perform tasks with minimal costs.
The MBA (Master of Business Administration) program is designed to teach managers everything they need to know to work successfully and to avoid mistakes. Curriculum of business schools is focused on practical training. The main attention is paid to solving cases (real problems that companies face). Teachers help students to find the best way out of different situations. In the process of training, they rely on their own experience and practice, as such pedagogues are consultants or current managers of well-known companies.
Knowledge and skills necessary for a leader
This is the main result of passing an MBA course. Business school will help to systematize and structure the existing knowledge, as well as to fill in the gaps if you missed something at the university.
MBA participants develop the following skills:
- A system view of a company as a whole. Working, for example, in marketing, you know the peculiarities of your department and segment. MBA gives an idea of the management of the entire company: finance, organizational structure, and work with staff.
- Also, an important function of a manager is communication. The ability to motivate employees and organize their work, to interact with other units - more than half of the success. Therefore, MBA develops negotiating skills, teaches to resolve conflicts, to convey your own ideas to other people.
- Ability to find solutions to any business issues, even unfamiliar, as well as to anticipate problems and successfully predict the consequences of decisions made.
Managers with an MBA degree perform their duties better and achieve greater results for the companies in which they work.
New knowledge will be useful to people who graduated not from an economic but a technical or humanitarian specialty. For teachers, scientists, military, doctors, MBA is a way to get closer to business and to supplement their professional knowledge with management skills.
New business ties (networking)
The MBA is often chosen by managers and entrepreneurs who have already achieved certain successes and want to go further. Such people can be very useful in the future in a variety of situations. They may:
- help you when looking for a job;
- give advice when solving a complex work task;
- support on the way of further development.
Human is a social being. Our decisions and actions largely depend on the people near us. Many business books advise to surround yourself with persons whom you respect. Their example helps to go forward. It is difficult to meet highly intellectual, interesting and ambitious individuals on the streets, but at MBA programs, they are often present both among students and teachers.
The contacts created during an MBA course will help you throughout all life. And over time, they will become even more valuable. So, today you discuss the decision of the case with the head of the department, and after a few years, you will meet for a cup of coffee with the CEO of a large company.
Opportunities for networking are not limited to classmates and teachers. In every business school, there is a community of graduates who are loyal to all members. Therefore, you can count on the support of people who have already graduated from business school a few years ago and have succeeded.
Career growth
According to the research, most graduates believe that getting an MBA diploma increased the chances of finding a job and lived up to their expectations (86%). At the same time, 59% of graduates of business schools received a job offer right after graduation, and 40% were invited to higher positions. 39% have advanced on a career ladder during two years after receiving a business education.
Right decisions
Even if the results are not apparent immediately, the acquired managerial skills, in-depth knowledge of business processes and a systematic approach to solving problems will not disappear anywhere and will help you throughout life. MBA graduates make fewer mistakes and more correct decisions.
Great changes
Through an integrated approach to learning, MBA helps people who decided to change the field of activity or industry. They can expand their business horizons and find out what careers their classmates, graduates, and teachers have. Without this knowledge, it is impossible to make a measured decision about what is most interesting to you in the future.
In addition, business schools make every effort to employ former students, as this is a key indicator of their success, and other graduates are always ready to help. Therefore, getting an MBA diploma is the best start, if you want to radically change your life.
Fresh ideas
Study and communication in a circle of interesting people create favorable conditions for the emergence of new business ideas. Approaches to the work change, new talents are revealed, confidence is strengthened. The latter is especially important for those who only plan to launch their own business or have thought about it before. Students often note that MBA gives them an incentive to start. During the studies, they realize that everything is not as complicated and scary as they thought before entering the MBA.
As you see, education at a business school really worth of the time spent and brings great benefits. Do not lose your chance to develop as a leader. For admission to most programs, it is necessary to pass a series of tests, in particular, to write an essay. Prepare yourself thoroughly, review the examples of such works at a reliable essay writing service. We hope that you will enroll for an MBA course and will become a successful entrepreneur. Good luck!
