The Transformation – Caterpillar To Butterfly – Will An MBA Transform Your Career?

Posted by Carolyn Thompson on Sep 29, 2015 in Career Path, Self Improvement |

CocoonAfter eating a lot of food for a few days, caterpillar suddenly stops eating. It creates a cocoon around itself and, within a few days, magically transforms into a butterfly! Have you been working hard for a long time and are still not happy with your job? Are you yearning for freedom to fly high in your career? Will it help to take a break from your job and get an MBA degree and come out of a business school (b-school) with a more powerful profile?

Do you need an MBA for a career shift

The relevance of an MBA degree has been widely contested by many. While some firmly believe that the MBA degree can boost the career of any professional and help him reach the top of the corporate ladder, others tend to say an MBA is not a necessity. While it’s true that you don’t necessarily have to be an MBA to be a great manager, it’s a great asset to have in helping you acquire managerial skills if you don’t consider yourself to be a stellar manager. Let’s compare both the sides of the argument and see if an MBA is really worth it if you are looking for a career shift.

Benefits of an MBA for a career shift

Helps in the long climb: An MBA can easily help in climbing the corporate ladder. Employees complain about how difficult it is for candidates who do not have a management background to succeed in the climb. While managerial skills can be learned on the job, and there are many non-MBA managers running the biggest of brands, sometimes organizations have rigid requirements that a manager needs to have a MBA to move into certain roles.

Networking: A B-school is not just a platform to acquire managerial skills and get the opportunity to make a career shit. It’s also about networking. All good business schools have great alumni networks that students can be a part of. The two years that you spend in a B-School can be one of the best ways to expand your network and increase your contacts. Your alumni network can become one of the best sources of opportunities to make the career change you need.

Leadership skills: A b-school can help you to acquire leadership skills that allow you to manage teams and take on senior roles which are currently evading you in your professional life. An MBA can serve as proof that you are capable of managing people and getting results in the most efficient way possible.

Opportunities: Most working professionals who join MBA courses often do it for the potential placement opportunities top of the line business schools can provide. Top performers with work experience often get a huge boost to their careers upon completing their MBA and it makes complete sense for professionals to invest time in developing their managerial skills for a career shift.

It is important to keep in mind that MBA degrees are becoming more accessible and it is not necessary to go for a full time MBA. An MBA degree can acquired through distance mode also. Other options are include part time and executive one year MBA programs.

But the MBA degree does come with some downsides

An MBA can be a huge investment: Most MBA courses are significantly expensive and even though the returns are massive at top B-Schools due to stellar placements, repaying educ
ation loans can be difficult and managing finances often becomes a problem for professionals in the initial years after graduation.

Experience disparity: Even as a working professionals there may be some disparities when opting in for placements. It’s quite likely that top managerial positions available at placement drives will be filled up by more experienced professionals. It’s often a cause for concern for candidates who do have less than 2 years of work experience or no work experience at all. While an MBA is platform to help your career grow, you have to give it time until you get the managerial positions you seek.

An MBA does not prepare you for real life managerial problems: While you acquire the skills needed to solve managerial problems, it’s only in theory. There is a vast difference between learning hands-on and learning in a classroom by working on real life examples.

An MBA is not a must-have for getting help in your career shift. But it does come with solid benefits especially in long term. It allows you to access more opportunities and have great learning experiences that allow you to know more about the intricacies of management. Some get into an MBA merely for networking and come out of the program satisfied with what they go out of it. Finally, each student needs to assess her dreams and financial situation to decide what makes the most sense for her. All that we can say is that it is not a must to get an MBA to have a rocking career!

This Guest Post was contributed by Paresh  of www.TargetAdmission.com.

If you have a great idea for a jungle-themed post, let us know! Guest writers or requests are always welcome!

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