An MBA degree continues to interest much as it did a decade ago. Moreover in the changing business scenario these days, the candidates have also realized that an MBA Programs gives them an opportunity to accelerate their professional progress as they bring to the table much-needed management knowledge and business acumen. Hiring managers also say that the mere mention of MBA on your resume can give you the edge they need.
While an MBA programs continues to attract aspirants, does it ensure a job, specially in the current economic scenario? Placements for MBA graduates from good quality institutes maintain to be quite pretty even now. But during the downturn, as companies are forced to stretch their purse strings and the number of available jobs continues to shrink, firms are starting to get more selective in terms of where they hire from MBA . The MBA Degree tag alone does not bring with it any assurance of a job, anywhere one gets the degree from is also a factor that influences the decision building process of the hiring manager.
Having an MBA degree in addition to your regular ones is certainly the way forward. Though the economic scenario is undergoing a major upheaval, there are lots of hiring managers who point out that the sheer bring up of an MBA degree on the resume is a sure sign that the candidate has a long-term, capable work potential. While it’s an industry centric programmes, in all probability, it will help HR managers have talented candidates aboard who can supply towards the progress of the company and even facilitate profit sharing.
While an MBA is surely a differentiators in today’s job marketplace, a degree alone does not make sure accelerated career development. Some of the ingredients for a winning career continue to remain constant: a go-getter attitude, brilliant team management skills, and most significantly, one’s ability to innovate. Today’s job marketplace demands professionals with abilities beyond just the knowledge of the focus and an MBA degree is certainly the way forward.