If you are planning to do an MBA to further your career, you are on the right path. A 2015 report, prepared by the Graduate Management Admission Council, states that 84% of companies plan to hire recent MBAs for their organizations.
An MBA degree holder is much sought after by companies, whether they are startups or multinational corporations. This is because an MBA degree bestows on you a comprehensive understanding of best business management practices and arms you with extensive knowledge of advanced business practices.
With this degree, you can choose from various career paths, such as management, marketing, financial planning, and others. An MBA degree ups your value in your organization. And if you are thinking, whether a campus MBA degree is better than an online one, know that both offer equal opportunities. One advantage of an online MBA is you can pursue it while in a regular job.
Ways in which an online MBA help in advancing career
An online MBA can help you in advancing your career in the following ways:
#1 Brands you as an achiever
Of course, acquiring an online MBA degree is no mean task. It makes you stand apart from the rest in your organization since it is considered something prestigious. This degree itself is proof of your capabilities and conveys to other employees that you possess better knowledge about management and business.
#2 Teaches you critical business functions
An online MBA program, being comprehensive, exposes you to a wide range of critical business functions, such as marketing, human resources, finance, and the like. It also teaches you to gather and interpret data and improves your financial literacy. Not only does an MBA program provides an opportunity to sample all these fields, but it also dramatically improves skillsets already possessed by you. This helps in contributing to all areas of the organization irrespective of your specific job function.
#3 Trains you in management and leadership skills
An online MBA teaches you management-level skills and arms you with the knowledge to lead both profit and non-profit organizations. It trains you to always look at the bigger picture and prepares you to take business decisions and lead your team to achieve your strategic objectives. It hones leadership qualities to make you a strong leader for effectively leading your team and shouldering professional responsibilities. It trains you to solve day-to-day problems faced in an organization.
#4 Ups your career graph
If you feel stagnated in your current position within the company, an MBA degree can change all that. It not only upgrades your technical skillsets but also teaches you to overcome your liabilities borne out of youth and inexperience. The knowledge gained during an MBA program not only widens your business perspective and field of vision, but it also teaches you ways to tackle significant challenges facing your company. It also makes you proactive in seizing opportunities, as and when they present themselves. This helps in taking your career on an upward trajectory.
#5 Helps become a team player
It is challenging to go it alone in large-scale operations without your team or co-workers. MBA teaches you to not only become an active member of the team, but also lead it when the circumstances so dictate. Not only this, but it also teaches you to lead your subordinates and effectively delegate tasks to achieve organizational goals. An MBA program exposes you to cross-functional environments, which comes in handy in collaborating on assignments with people from different backgrounds.
#6 Offers better career options
An online MBA not only improves your chances of promotion within your own company, but it also opens the doors to various other positions within your industry. This is because your degree is a testimony to your business and management skills, coupled with your ambition and determination to achieve what you set your mind on. An MBA qualification helps you in becoming an asset to any organization.
An online MBA arms you with the qualifications and knowledge to secure a bright professional future. Although there are hundreds of online business schools offering MBA courses, you should only opt for prestigious ones. The time to improve your skillsets through an MBA is now. So, why not apply now?
Ray is a manager at ECA Tech Inc. , Toronto's top Ecommerce software, website development and digital marketing company. He has 23 years of experience in the field of Ecommerce website, software and app development. Ray volunteered in numerous IT related free training courses all over North America and contributes articles on numerous blogs.