2. Common Reasons For Doing MBA
Higher Salary
Switching Careers
Starting a business
Currently jobless. Pursuing MBA for a job!
Social influence
Better career opportunities
3. Which Reason Applies To You?
Identify exactly why you
want to do your MBA.
This will not only help
you during the interview
process, but justify one
of the biggest career
moves in your life to
4. Reason #1: Higher Salary?
Are you looking to do MBA for higher salary? Take
the below points into consideration
Does spending 5-15 lakhs or more for a MBA justify the
salary hike you will get?
If you are taking education loan, factor the interest you
need to pay for your loan. Does it still give a good ROI?
Are you sure more experience in your current job will not
give you a higher salary without actually taking MBA?
5. Reason #2: Switching Careers?
Are you looking to do MBA for switching careers?
Can you not get a job in your desired functional area without
MBA?
How can a MBA specifically help you break into the industry?
6. Reason #3: Starting a Business
Do you want to do MBA so that one day you can start your own
business?
Most MBA’s do not teach you real world issues of running a
business. So how do you think that a MBA will help you?
How can you counter the argument that “Entrepreneurship cannot
be learned in school. You need to get your hands dirty to become a
real entrepreneur”
7. Reason #4: Doing MBA to Get Job
There are many students who pursue MBA since they couldn’t
find a job after graduation.
While this may not be a wrong move, make sure that you can
get a job after MBA. Unless you do MBA from a good college,
placements are hard to come by.
If you couldn’t get job after graduation, how are you going to
improve yourself to make yourself employable?
8. Reason #5: Social Influence
Are you pressured to take up MBA because someone else you
know is taking it up? Or maybe it’s a custom in your family to
do MBA?
If you say this to your interview board, they’ll outright reject
you. B schools want strong decision makers who can make
correct decisions and not someone who gets swayed easily by
what others do.
9. How Will a MBA Help You?
Are you looking to do MBA so that you can get better career
opportunities?
You must have a clear idea about how exactly a MBA can help
you.
This will help you during your MBA interview process as well as
plan your career.
10. For more MBA queries, Log on to-
YourNextLeap.com
