The MBA or the Master of Business Administration degree works as a popular steppingstone to the C-suite jobs at large companies. Besides, this program also works as an asset for the budding industrialists. One of the commonest reasons why join an MBA course is that it leads to the next step in their career graph. Often after working for a great amount of time, people find out that they have reached a certain level in their careers and they need some additional qualifications to get to the management-level positions. By joining an MBA course, the participants can add some specific business skills to their toolkits like strategic thinking or leadership. It works as good firepower when you apply for promotions or management-level positions.
Getting an MBA- the details:
Typically, full-time MBA programs last for two years. Apart from that, there are some accelerated full-time programs, which last for a year. This type of fast-paced program is quite common these days in different business schools in Singapore.
Executive and part-time MBA programs often vary in length based on the total credits the students enrol in every academic quarter or semester. Therefore, the 1-year MBA in Singapore programs are meant for the working professionals, who attend these programs along with their full-time jobs. Besides, this type of program is cost-effective as well.
Requirements for joining an MBA program:
Generally, MBA applications include resumes, standardized test scores, essays, academic transcripts, and recommendation letters. Most of the B-schools accept either GRE or GMAT scores. But still, there are some test-optional programs, where the applicants don’t have to submit the scores of the business school entrance exam. Besides, some of the B-schools, which require test scores ordinarily would waive that the requirement for the applicants, who qualify for the score waivers depending on a good college GPA or great work experience.
Sometimes, the B-schools ask the applicants to submit video essays or sometimes they invite applicants for personal interviews. Overall, most full-time MBA programs prefer candidates with good work experience. Still, some programs are meant for recent college graduates or college students.
If you are still confused about why to join an MBA program, then apart from boosting your career graph, here are some other reasons to consider joining in the course:
- Here you can meet people: Both full-time and 1-year MBA in Singapore programs give you the scope to meet loads of people including faculty members, professors, and students. Besides, internships, which are an important part of every MBA program, is a great way to know the industries and companies closely in which you are interested. Most of the reputable business schools also sponsor different events like mixers and panels where the students get the scope to meet different people from the business world. Apart from that, the career service departments of the majority of the business schools host various networking events where prospective employers come and introduce themselves to the students. And all these things can work as great assets when it comes to searching for jobs after completing the program.
- You get to learn about different functional industries and areas: MBA courses often help the students with specific details, who want to shift from one industry to another. Similarly, an MBA course helps the students to shift from one functional area from another by bridging the gaps.
- You can move to a new place by joining an MBA program: Joining an MBA program is an effective method to shift to some other cities or some other countries. So, staying in a new place for a year or two can be a lucrative opportunity to lay the base of your career, find out the companies that you want to work with, and meet the prospective employers when needed. This is the reason why most of the MBA students choose MBA programs in Singapore with the long-term goal of staying and working after completing the course.
- You can earn more money: Last but not least, by joining and completing an MBA program, you can experience a measurable increase in your salary. The post-MBA salary increase often works as one of the major metrics to judge the quality of an MBA school along with others.