People practise an MBA degree[/b] for a variety of reasons to access additional skills, exceptional return, development of management skills and expansion of professional network. An MBA[/b] program[/b] strives to provide its students with all essential information, academic as well as realistic, which can benefit them tremendously in professional as well as organizational jobs. This does not benefit only to businesses but also to people to get into executive positions in the public sector and government jobs.
Industries vary drastically in terms of their assessments of MBA student skill needs. The abilities to consider systematically and deliberately are the skills employers find most in MBA graduates. Communication skills are highly attractive in the consultancy, finance and accounting industries. These skills should be strengthened. Leadership skills of an MBA graduate are also in finance and accounting, technology, manufacturing, health care and pharmaceutical industries.
Some of the skills provided by an MBA program[/b] are discussed below:
· Business Knowledge[/b]: [/b]The MBA program[/b] and business schools give valuable knowledge about business and all its related aspects. Students can learn business strategies and concepts through classroom training and internships. It also teaches how to use these skills in practical life and in day to day business operations.
· Leadership Abilities[/b]: [/b]An MBA degree[/b] involves accurate training, coursework, reports, presentations and group projects which help in conducting real-life business situations. The quality of leadership such as composed personality, critical abilities, an eye for detail and identifying winning strategies are taught during the MBA course[/b].
· Networking Opportunities[/b]: Students can build a huge network with professionals in the business world. The relationship which is formed with the colleagues and the network that is created is most important in an MBA program[/b]. Being an MBA graduate often grants access to several important groups and opportunities.
· Personality Development[/b]: [/b]The general ability developed during the undergraduate studies will need to be translated into management skill. During the MBA course, students can learn various aspects of business activities and the nuances to different business situations.
· Career Growth[/b]: [/b]Getting an MBA is an excellent way to move into the next level in ones career. MBA will open opportunities which did not appear before. Many companies hire individuals having MBA degree[/b], individuals having MBA degree have an accelerated career path. Through MBA experience one can built a vast network which helps to work in different industries and locations.
· Domain Expertise[/b]: [/b]An MBA is a person of resource. If marketing is chosen as a field for MBA, students will study the science of marketing and selling consumer and capital goods. This goal is achieved by studying the psychology of the market. MBA will help the student to quantify the market, budgeting and manage corporate finance.