The Importance of MBA and How a Good MBA College Helps Students
Getting an MBA seems like the logical next step for many people who want to advance in their careers. No matter what your career or sector, you can still profit from an MBA. Given the time and money required, some people might question if getting an MBA is worthwhile. An MBA can assist in developing the leadership qualities necessary to thrive in these fields for those who want to work in management, with financial institutions, or as entrepreneurs.
Benefits of Doing MBA
The accomplishment of an MBA programme shows a dedication to acquiring, honing, and putting to use talents that can help a business prosper. Additionally, professionals with MBAs have more faith in their capacity to get employment and the depth of knowledge they can contribute to a variety of projects. These are only a handful of the benefits of earning an MBA.
1 Market Awareness on a Global Level
You will come into contact with students from all around the world who have various job experiences and viewpoints on the global economy while you earn an MBA. MBA students get the opportunity to learn more about various industries both domestically and overseas in addition to from their lecturers.
2 Betterment of Communication Skills
An essential ability for success in the workplace is effective communication. Even though it’s a “soft skill” compared to “hard skills” like building a P&L model, communication is still very important. An MBA can help you improve your written and vocal communication abilities, enabling you to effectively communicate ideas to individuals at various organizational levels in order to ensure that everyone can cooperate in pursuit of a common objective.
3 Improving Professional Networking
A global network of almost 100,000 MBA graduates gives you access to reputable and knowledgeable experts you might not have otherwise had the opportunity to meet. You’ll get the chance to interact with other professionals in the classroom and outside of it, in addition to becoming a part of a larger community.
You gain excellent networking chances as an MBA student. You will converse with other students, teachers, and professors (business people with great management experience). Your ability to manage a business in this environment will also increase.
Last but not least, you have access to the vast MBA programme alumni network. You’ll get a great perspective of the corporate world from your connections. Be prepared to have a thorough awareness of even the smallest changes in the corporate environment and to learn new strategies for swift adaptation. You might consider some significant business difficulties and draw links between diverse international situations and global events.
4 Higher Job Opportunities
A graduate degree might help an applicant stand out from the competition in a market where employment opportunities are fierce. An MBA can be useful in any area, including the energy, consumer product, and start-up sectors. Because they possess marketing and financial expertise that others in the company might not, employers frequently look to hire or promote someone with an MBA. This enables them to launch initiatives quickly and aid in the financial success of their firm.
5 Higher Remunerations
Job security and good compensation are two of the most significant advantages of earning an MBA. An individual with a conventional Master’s degree typically earns substantially less money than an MBA graduate. You can anticipate making double as much money as you would with a traditional university degree.
Here are some well-liked career options for those asking what you can do with an MBA degree or what MBA jobs are available: Manager of business operations, management analyst, analyst of market research, senior executive, human resources manager, etc.
6 Time Management Skills
In addition to balancing a demanding classroom load and extracurricular activities, earning an MBA also demands pursuing other personal and professional goals. An important life skill as well as a skill that employers value is good time management, which you can learn through an MBA.
You can get the skills required to maintain a successful business by taking MBA classes. Depending on the course of study you select for your Master in Business Administration degree, you may develop some or all of the following competencies:
- Hone your people management and leadership abilities.
- Create, promote, and market your goods and services.
- Make contacts and partnerships through networking
- control challenging circumstances (e.g. financial crisis, public scandals)
- Maintain the company’s financial stability and uphold its good reputation.
- assemble, decipher, and produce reports using data from the industry.
- Improve employee retention by bringing in excellent talent.
- Establish hierarchies that will benefit the business
- Make difficult decisions when necessary.
7 Entrepreneurship Skills
Many students decide to get an MBA because they want to learn how to launch and expand a firm and become entrepreneurs. They want to know how to realize a lofty ideal that they have. Why obtaining an MBA can aid in your success as an entrepreneur is as follows:
MBA instructors with practical startup expertise may advise you on the biggest pitfalls to avoid and the best course of action to ensure that your firm expands and is stable over time.
MBA coworkers with comparable interests are available. Talk about your ideas with them to see if you can come up with a shared vision. If you have a trustworthy partner who has your back and vice versa, it will be simpler for your start-up to prosper.
The Best MBA College
1) Engaging Curriculum
A good university should have a highly interesting and well structured educational program.
At Delhi School of Business the PGDM program is specifically tailored to meet the needs of students. Spread across 6 terms over 2 years, the course is highly cohesive and utilizes the Outcome Based Learning method. The first year contains basic subjects like Economics, General Management, International Business Marketing, Human Resources, Accounting & Finance Analytics and Operations Business Communication.
There are a variety of specialization subjects to choose from in the second year for students.
The curriculum is also enhanced by the flipped classroom model as well as interactive learning sessions with the immense support and guidance of the faculties.
2) Global Exposure
Students should be ready to enter the world after receiving a quality education from a top MBA college. Every company wants to hire people who are aware and open-minded, and some also demand that students have a strong grasp of international affairs. Colleges that provide industry readiness and global exposure in terms of training and programs are thus most preferable.
Such a college is Delhi School of Business that offers a Global Immersion Program which helps students go abroad and learn about the economic, political, and cultural aspects of business in many parts of the world. This also acts as a great networking opportunity.
Delhi School of Business has tie ups with the following international universities and colleges-
- National University of Singapore in Singapore
- Munich Business School in Germany
- Universiti Sains Malaysia in Malaysia
- University of Mauritius (UOM Trust) in Mauritius
- Aston Business School UK in England
- London School of Economics and Political Science in England
- University of California, Los Angeles (UCLA) in United States
- ESCP Europe (European Business School) in France
3) Clubs and Activities Within Your Interests
Though academics are very important, they are not the sole purpose a college must fulfill. College should be a place that inculcates and encourages hobbies and passion in its students. They should have appropriate time and facilities for students to pursue activities of their interest in order to have a good balance between academics and extracurricular activities.
At Delhi School of Business, many events, seminars and sessions are conducted on a regular basis. There also exist 8 student activity clubs based on a variety of different fields and themes.
These are as follows:
- EKAY- The HR Club of Delhi School of Business
- FYNAMICS- The Finance and Economic Club of Delhi School of Business
- MARKX- The Marketing Club of Delhi School of Business
- PRATYAKSH- The Entrepreneurship Cell of Delhi School of Business
- EKAGRA- The Cultural Club of Delhi School of Business
- DAIVYA- The Social Club of Delhi School of Business
- INVICTUS- The Analytics Club of Delhi School of Business
- CIMA- The Centre for Media Integrated Activity of Delhi School of Business
4) Career Services
Most college students have job aspirations, and a college’s career services can assist them in realizing these. A good college offers guidance in all forms possible to ensure the future success of their students. It could range from conducting mock interviews and group discussions to conducting job fairs and placement drives in the campus.
Delhi School of Business does rigorous groundwork for their students’ success. Placement Training is held to improve the skills of the students.
The Training & Development is an extremely thorough and structured program to prepare young minds for such highly sought-after placements. Students are given all the knowledge, skills and tools necessary to make informed career decisions by DSB’s integrated training and development programme.
Students’ future employability and development into skilled corporate citizens are both guaranteed by the active involvement of professional organizations with a focus on training management students.
5) Campus Safety
A college should put emphasis on the security of its students and staff alike.
Delhi School of Business has 3 entry gates and each of them is guarded by security at all times.
Nobody is allowed to enter the campus without student identification or administrator permission.
Apart from that, the college is in close proximity to 2 police stations, namely the Samaypur Badli Police Station and the Shalimar Bagh Police Station.
This ensures constant protection and safety of everyone in the campus.
6) Healthy Alumni Network
College does not only create knowledgeable students but also strong, lasting connections, friendships and allies.
The alumni of Delhi School of Business are a tight knit community and have a specific portal on the website called Alumni Connect for them to interact with one another and share their stories and progression in life. The alumni of DSB keep returning to the tumultuous activities. The alumni base is enriched via annual gatherings or campus dinners. There was also an Alumni Meet held in the college campus in 2018, where the alumnus were seen happy to be back to their alma mater and reminiscing the memories from their college days.
Delhi School of Business has a highly engaging curriculum, global exposure, student interest and activity clubs, career services, campus security provisions and a healthy alumni network.
All such features make DSB one of the best MBA colleges in Delhi.
To grow and learn in such an open and accepting environment, join Delhi School of Business for the MBA equivalent PGDM program. This college is approved by AICTE, accredited by NBA and falls in the A+ tier grade among all CAT colleges.
Admissions are open now, so don’t miss out on the opportunity for holistic learning and personal growth as well as career development.