Earning a Master’s in Business Administration (MBA) from a top B-School could be one of the best accomplishments of your life. It can help you build a promising career, earn a good salary and work in profiles you have always wanted to. MBA does provide the knowledge and skills required for a venture or to pace your movement up the corporate ladder. Although, the question remains primarily in the minds of young Indians, when is the best time to do an MBA?
Below are some parameters which can help you decide when is the best time to get an MBA.
Fresher or Work Experience
B-Schools in India do prefer the candidates who have 18-24 months of work experience. They have the best opportunity to get into an MBA program and also to excel in it. Although freshers do have immense opportunities to get into profiles such as marketing, sales and finance, it is preferred to carry some work experience. It will help you understand the case studies, corporate life, working in teams and other such things.
Profile and Education Background
Most of the time it happens that we hardly know what we want to do, or which domain is suitable for us and this is very common with engineers. People with a Finance or Business background, usually have a better clarity on this. For professionals, MBA does allow changing their domains or fields and work in the profiles that they always wanted to work. So, if you’re going to explore multiple domains and see what works for you, this is the best time to do MBA.
Accept it or not, but the pandemic has become an essential factor in deciding on the best time to get an MBA. Seeing the current job markets and the layoffs happening, one can easily take some time off from the tensed job market and prepare for getting into the master’s program. Two years down the line, the industries will flourish, and you’ll have a much better chance of getting into your dream job.
Along with the factors mentioned above, there are some others too which cause delay in getting an MBA degree. Inadequate preparation leading to multiple attempts, lack of financial security, family/peer pressure, etc. which are entirely subjective and depends on how well you can figure things out. So, find the right MBA graduate program for you at the right time of your career. We hope this article will help you make a wise decision.
About the Author:
Anas is an MBA student of the two year program at IIM Udaipur. He has a total experience of 3 years in the Telecom and IT Consulting Industry. He is an avid football lover and loves to play and watch the sport. In his spare time, he likes to read fiction, and follows a lot of different sports. You can connect with him on Linkedln