Why MBA answer is generally a closing conversation during any B-School admission interview process. This question is asked many times and would be most expected interview question during coming interviews as well. One needs to prepare well in advance and practice a few times Why MBA answer to impress the interviewer and fetch some extra marks during interviews for best results.
While you may be having many reasons to do an MBA, but for preparing Why MBA answer please read the below points and plan your answer accordingly
- Career Progression
Typically, a professional begins his/her career with an operational role. Being fairly smart, hardworking and result-oriented, you get promotions and reach a decent position in the management.
You now have a good academic profile and good work experience. What happens next? After a few years, you start feeling stagnated. This could happen after three years or it may take 10 years for you to reach such a stage.
This is because in today’s performance-oriented professional world, most of the people around you also have the same qualities and credentials that you possess. At this point, it is crucial for you to ask what unique traits you have that will differentiate you from the herd.
The answer is: an MBA degree. Actually, not just any MBA degree but an MBA degree from a premier business school. An MBA from a top B-School will help you make a quick transition from a mid-level role to a senior management position, where you will have the opportunity to take strategic decisions.
The lack of an MBA degree may not be a show-stopper but it will be a huge reason for career stagnation.
- Career Shift
What are the chances that with your current education, role and experience, you can actually switch to any other role or industry? Very little!
Consider this situation – you have been in IT for the past five years, but with time, you realize that your true calling is marketing. What steps can you take to make a switch?
Even if you manage to get past the interview for a marketing role, you would still be joining at an entry level. Your great IT experience will not help you much to get a senior level role in marketing.
It is here that an MBA program can help. In fact, one of the most important reasons why professionals choose to do an MBA is to change career tracks smoothly.
- Worldwide recognition of its credentials
After completing an MBA degree, a graduate is certified in all known core areas or at least some major managerial roles within an establishment. This degree is one that is highly recognizable throughout the world. It can be used to pursue other career fields since it is highly compatible with other degree programs.
- Enhances Knowledge
Many MBA graduates have found that this degree program has thoroughly enlightened them on certain aspects of life, especially concerning operations within the business world. While those without an MBA ponder endlessly and wonder how and why a particular business decision is made, an MBA graduate is able to relate, because they would have been taught beforehand. With an MBA, graduates acquire an in-depth view of the business world.
- Enhances Communication Skills
As part of an MBA program, enrollers are taught how to speak clearly and distinctively. They are taught the art of language, how to add meaning to their words, how to develop effective and exceptional presentations, and overall, how to interact with others in and out of the classroom setting. These communication skills are invaluable in the business world.
- Personal Development
An MBA graduate almost becomes a new person after their degree program is complete. With a new outlook on life and the business world the different areas taught in an MBA program, will develop the student’s survival skills and professionalism, enabling them to develop into exceptional communicators and advisers. Without a doubt studying a Masters in Business Administration will alter your whole perception of life and adjust your mind for the better.
- Better Career Opportunities
An MBA program provides a more diverse and wider field for graduates to expand in. There are several core areas covered within an MBA program, including Human Resource, Statistics, Technology and Information Systems, Economics, and Finance. All these areas qualify an MBA graduate to pursue a career in multiple areas and business sectors. With the different core areas penetrated, MBA graduates are provided with more and better opportunities to expend themselves and develop their minds.
- Be your Own Boss:
With a Master in Business Administration, many graduates become young entrepreneurs. By enrolling in an MBA program, you can acquire the requisite knowledge and practices needed to potentially develop and operate your own businesses. With an MBA degree program, you’ll be taught business management, planning and even financial handling. These skills will put you in the perfect position to manage your own business effectively, while contributing to the economic development of your country.
- Ideal for Networking
Business school provides a great base for MBA graduates to meet people. The sort of people you can meet while studying your MBA program include recruiters, key note speakers, old-school businessmen, new entrepreneurs, the list is almost endless. And then you have your fellow students that are also ambitious in the business world. An MBA program paves the way for you to interact with future business managers and executives. When the course is finished, these people could be ideal business partners or even provide exceptional recommendations on your behalf. Customarily, those enrolled in an MBA program are often sent out as interns. This provides MBA students with yet another way to meet potential employers. The consolidated network of people you will meet while studying your MBA program is sure to prove beneficial in the future.
Individuals desiring of moving away from being permanently employed within an organization and working for others, to work for themselves will find that an MBA offers them credibility. Those conducting business with an MBA graduate will be more relaxed and inclined to do so, in comparison to someone without an MBA. An MBA ultimately shows that you are an expert at what you do. It shows potential partners that you are highly competent and dedicated to your industry. In addition, it shows mastery over a particular area or sector such as finance, management, business consultation etc.
- Exposures to Successful Leaders:
Executives love to visit business schools and give guest lectures. These talks are a great way for you to hear insights and advice from people who’ve already done what you want to do. Plus, unlike a typical day at the office, you can ask them questions directly. Speaking of experts, you have a chance to build an ongoing relationship with your professors. As they get to know you, they can offer you suggestions and point the way in your career.
- Expand your Horizons:
Unless you’re a globetrotter, chances are you don’t get to see much economic activity beyond the city where you live. In an MBA program, you’ll read case studies from many different kinds of corporations around the world. You’ll learn valuable business lessons from organisations you might otherwise never encounter.
Keep the above points in mind and you are ready with “Why MBA answer” for upcoming MBA Interviews.