Top destinations for MBA
What’s the full Form of MBA?
The full form of MBA is Master of Business
Administration. It is a post-graduate degree that helps students to become
experts in managing businesses in all forms – whether it is a small family
business or a big company.
It is among the most popular qualifications
to have and is widely recognised in India and abroad by the top employers.
However, the MBA comes in various shapes,
sizes and formats. That makes it confusing for applicants to decide which
format works best for their career goals.
Benefits
An MBA degree
offers many professional, as well as personal, benefits. Whether you work in
technology, finance, management, marketing, or manufacturing, an MBA degree
will open up opportunities for greater responsibility, career advancement, and
increased financial reward. From a personal aspect, an MBA will improve your
communication and leadership skills which are vital to professional success.
·
New
job positions are open to you.
When you earn your MBA, the number of positions that are
available to you rises dramatically. With that in mind,
earning an MBA will qualify you to apply to higher-level positions and increase
the career opportunities available to you.
·
New career paths are open to you.
Even if
your background is not typical for the positions you are considering, an MBA
will provide the education and
skills needed to help you become a more qualified candidate.
· Your earning potential increases.
A recent study showed that the
average MBA graduate’s pay was 50% higher than their position before earning their degree. Even more impressive,
in the five years after earning their MBA, the average pay increased by
80%.
·
Your
professional skills improve.
One of the key benefits of an MBA is that it
improves your theoretical and practical knowledge of how businesses operate. A
key component of success in business, or any endeavour for that matter, is
having a compliment of soft skills, such as communication, teamwork, and
leadership.
·
You
enjoy greater job security
Among the many benefits of an MBA is a more
marketable skillset and greater job security, which may contribute to your
peace of mind. The skills you develop in an MBA program will make you a
valuable member of any team.
·
Your
world perspective grows.
An MBA broadens your enterprise knowledge and helps you
understand the nuances of operating in a global marketplace.
·
You
expand your professional network.
A strong professional network is one of the most valuable assets
that you can have in business.
·
You are
more knowledgeable in areas most important to your career.
The right MBA program can teach you the skills you must possess
in order to succeed in your chosen career.
·
You
become a respected member of your business community.
An MBA
commands respect from colleagues and others in your professional community. The
qualification itself carries a lot of weight, but it’s your expanded skill set
that ultimately differentiates you.
Top
five countries for MBA
·
Canada
Canada
is a very popular destination for Indian students who wish to study abroad. Not
only MBA but the country has some of the finest high ranking institutions of
the world offering high class education. The Canadian economy is prospering
and industries like mining, manufacturing and agriculture have seen growth year
over year, which means after completing MBA, one can find enough job
opportunities in the country itself. Adding to that the cost of
studying MBA in Canada is also very affordable as compared to
other foreign countries.
·
United Kingdom
UK
is one of the leading nations in banking sector and the top MBA graduates
around the world are recruited by top banks in United Kingdom. Since students
from different parts of the world come to pursue MBA from top universities in
UK, one can make great connections here. Generally GMAT and TOEFL /IELTS scores
are considered when seeking admission to colleges in UK. All the MBA programs
offered in UK comes with multiple internship programs that are aimed to make
the students industry ready by providing practical exposure.
·
Germany
Since
most universities in Germany are now offering courses in English language,
there has been a growth in the number of students pursuing MBA in Germany.
Germany contains the highest national economy in whole of Europe and it ranks
among the top 10 countries to offer highest paid jobs to MBA
graduates in
the nation. Most colleges here gets more than 70% of its enrolment from foreign
students only, a large number of which are from India.
·
Australia
The MBA
degree offered at Australia offers international recognition, which means with
this MBA degree, you are eligible to find a job anywhere in the world. The cost
of living in Australia is also quite affordable as compared to living in UK or
US. There are different types of MBA programs offered by top Australian
universities.
·
Singapore
Singapore is
another country in the Asia Pacific region which is coming in the spot light
due to its growing infrastructure and economy. The MBA and executive MBA program offered in Singapore are
quite flexible which allows students to pursue the degree while earning which
is why some these universities allow their students to work 16-18 hours a week.
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