We are in a fast-growing and ever-changing business world, and to keep up with, and actively function in such a dynamic world, we will need to continually learn, to better adapt.
According to Investopedia, Master of Business and Administration ( MBA), is a graduate degree that provides theoretical and practical training for business or investment.
General Business Management provides a broad understanding of business including: marketing, sales, accounting, human resources, finance and logistics, coupled with a strong ability to lead teams, motivate employees, generate revenue and cut costs.
So Why the need for an MBA in Business Management.
Having a master’s degree in business management is an added feather to your hat. It is an advantage you require to not just survive but also thrive in today’s ever-growing and highly competitive business world.
As a certificate holder of a master’s degree in business management, you are in a better position and better equipped to handle the challenges and enigma of business and as well as being prepared for a successful business career. You can work in high positions in any industry.
An MBA comes with an impressive wealth of advantages and apart from the fact that after graduating, you can get a better job with hefty pay, or start-up and successfully manage your own company and career, there are also other advantages to it, especially if you got it from a well-established school like Xavier University.
Here are the top reasons why you need an MBA in business management or what you can do with a master’s degree in business management.
It builds and develops in you, advanced and flexible leadership, and management skills. With this, you can run a business enterprise effectively.
You would be well equipped to handle crises in a business, crises like scandals, financial difficulties, etc. It opens your mind to think outside the box, you become innovative and well equipped to face and overcome the challenges in today’s business world, thereby also helping you to adapt, and keep up with a fast-changing and fiercely competitive world.
A wide range of Specialization. An MBA in business management has a wide range of specializations that you can choose from. We have General Management, Finance, International Business, Entrepreneurship, Strategic Management, Accounting, Marketing, Operations Management, IT Management, Human Resources, Consultancy. You can start up your career with any of the aforementioned degrees.
As an MBA student, you would gain access to a wide range of business networks. You would have access to an extensive alumni network of your related MBA program. With these networks, you can have deep insights into the dynamics of the business world and find new ways to adapt. You get to interact with experienced MBA holder people who can enlighten you more about the business world.
MBA holders also have some of the highest salaries. They have some of the highest paying job positions in the world. With an MBA you can go into popular career choices like Business Operations Manager, Management Analyst, Market Research Analyst, top Executive HR Manager. And get paid well for them.
You can start up your own company. According to the GMAC research team ” B-school alumni entrepreneurs most often found their own companies (85 percent) and combined, over half established businesses within the consultancy (36 percent) or product/services industry (26 percent) with an MBA you are well equipped to start and manage your own business successfully.
You would have the skills necessary to develop, promote, or advertise and sell your product or services.
MBAs are great for a career change. Because of its wide variety of specializations, it is very easy to have a change of career. Although it is advisable to already have a specific career before enrolling that way you have enough time to build your skill in that light.
You can study for an MBA, full-time, part-time or online. There are accredited Universities and business schools to carry out full-time, part-time or online MBA programs. And online MBAs are now being treated with the same respect as on-campus MBAs. So you can still get additional knowledge while doing other things as well. It is very flexible and you can access it at your own pace. All you need to do is research and find a school that is authorized and you can enrol there.
It provides business opportunities. You can work in some of the world’s largest companies as they are looking for MBA holders to employ. Companies like Amazon, Apple, Microsoft, Walt Disney, Facebook, Citigroup, J.P Morgan, Goldman Sachs, Mckinsey & company, etc.
You develop excellent communication skills. It builds in you the ability to properly communicate or express your ideas to your audience. This is very important in business as it determines whether or not you lose or gain your audience. You talk properly to your investors, buyers, and win them over.
You can step up your game with an MBA and have several doors of opportunities open for you and you can also achieve this from the convenience of your home and at your own pace with online MBA programs. Take that step today, get started, and expand your horizon.
About Xavier University: Xavier University, Bhubaneswar is a private unitary university located in the State of Odisha. The University has been established in accordance with The Xavier University, Odisha Act, 2013. The University has constituent Schools of higher learning, such as Xavier Institute of Management Bhubaneswar (XIMB), School of Human Resource Management (XAHR), School of Rural Management (XSRM), School of Sustainability (XSOS), School of Human Settlements (XAHS), School of Commerce (XSOC), School of Communications (XCOMM), School of Computer Science and Engineering (XCSE), School of Economics (XSE), Xavier Law School (XLS), and School of Government and Public Affairs (SGPA). Xavier University, Bhubaneswar has partnered with Emlyon Business School, France to create XAVIER-EMLYON Business School (XEBS).
Doctoral programs (Full time with Scholarship, Part time); several MBA programs (BM, HRM, RM, SM, UMG); One-Year Full-Time Executive Master’s Program in Business Management; several Master programs (Business Finance, Urban & Regional Planning, Data Science & Analytics, Mass Communication, Public Policy); several Undergraduate programs (HR/Marketing, Accounting/Finance, Mass Communication, Economics, Computer Science & Engineering and Law).
Xavier Institute of Management, Bhubaneswar (XIMB), a 33-year old autonomous B-School of Xavier University, is the flagship school of the University. It is acknowledged internationally as a world-class business school that provides quality management programs and develops futuristic managers with strong ethics and values. XIMB had been conceived with a vision to be recognized as a world-class learning Institution while redefining education in the new age through the creation of aptitude and comprehensive intelligence, and implementation of socio-economic development projects in collaboration with international agencies and the Government.
For Online Application, Eligibility, and other details, visit www.xub.edu.in.