A Masters of Business administration (MBA) is an internationally-recognized graduate degree that teaches practical and theoretical training for investment or business management. An MBA allows you to work beyond the business world; you can pursue a managerial career in the private sector, government, public sector, etc. An MBA gives you business knowledge, many opportunities, and expands your network.
An MBA is an ideal option if you want to improve your career, become an entrepreneur, or transition to a different industry. Many universities in the UAE offer MBA; this gives you a competitive edge in the market. Did you know that the MBA is one of the most popular degrees in the world? This is because it’s flexible and allows you to work in many sectors.
What to Know Before Pursuing an MBA
Before pursuing an MBA, you need to consider the time you’ll spend studying. You will spend several hours each week studying; you have to sacrifice your time. Study instead of socializing too much. You also need to consider if you have enough time.
You ought to understand the benefits of pursuing an MBA; you will have complex skills, knowledge, and attitudes sough after in the business world. You’ll have an educational experience and have the upper hand to thrive in many sectors and industries.
You also need to understand why you’re pursuing this degree, what you hope to achieve, and your goals at the end of the course. Do you wish to get a promotion or change careers? Having clear goals makes it easy to understand whether you need this degree or not.
Benefits of an MBA Degree
An MBA offers you many advantages from career advancement to many job opportunities.
Here are the many advantages of an MBA degree;
- Advanced Managerial Skills
An MBA in Dubai will equip you with the necessary skills for the success of many companies. Although each university has its own curriculum, you’ll learn about people managerial and leadership skills. You’ll also learn how to manage a financial crisis, complicated situations, and public scandals.
This degree also equips you with useful knowledge of designing, advertising, and selling services/products. It forces you to step out of your comfort zone as you explore new managerial techniques and tools, international business trends, etc.
- High Salary
Individuals with an MBA in Dubai and all over the world enjoy high salaries than many other degrees. You are assured of job security, and you earn almost as twice as you would with a regular Master’s degree.
An MBA also gives you a pool of various careers to pursue, such as an HR manager, market research analyst, management analyst, top executive, and business operations manager. To get a higher salary, you need to work harder and apply your knowledge and skills in real-life.
- Expanding Your Professional Network
If you’re interested in having a successful business career, you need a strong professional network. The benefit of pursuing an MBA in Dubai is that it equips you with a strong networking ability that propels your career ahead of your competition.
Networking allows you to build a business, get customers, get a new job, etc. You meet important people while pursuing your MBA degree, such as recruiters, professors, and entrepreneurs, who could help you in the future.
- Career Opportunities
MBA graduates have an advantage because they can pursue various careers; this degree equips you with useful skills for running a successful business. It also gives you many career options like human resources, entrepreneurship, financing, banking, etc. The most in-demand MBA jobs include finance manager, HR manager, financial advisor, marketing manager, etc.
- Start a Company
Many people pursue an MBA to learn how to start a business from scratch; this degree helps you turn your dreams into reality. You learn about significant traps to avoid and how to grow and keep your company stable. You can also discuss ideas with like-minded classmates and start a partnership. You also learn communication skills, which is crucial for the success of any organization.
The office environment is very competitive; it requires you to stand out, which can be challenging. It’s not easy to convince the management to give you more duties or responsibilities. Fortunately, having an MBA degree is an advantage because you don’t have to convince anyone of your capabilities. This gives you a competitive edge over other employees, making you the right candidate for a promotion. An MBA speaks on your behalf and lets the manager know that you have relevant skills and knowledge to supervise and lead a team.
- Acquiring Transferrable Skills
Although MBA deals with finance and business, students learn skills that apply to other industries and sectors. You learn leadership and decision-making skills, which are useful across all industries. Some skills are specific to certain professions, while others can be utilized in many sectors.
Transferable skills make you versatile; employers value individuals who can fit in various sectors and do multiple duties. Transferable skills also help you to land various jobs because they are part of your experience.
- Career Change
There comes the point where most people wonder whether they are in the wrong career. An MBA allows you to switch careers and follow your passion. Most times, we fall into the wrong jobs because of wrong judgment or lack of direction.
A career change gives a purpose in life; it can be challenging or exciting, depending on how you choose to see it. This change gives you a new purpose and something to look forward to every day. Taking a risk might be scary, but most times, it is worth it. An MBA ensures that you benefit from your career change.
Pursuing an MBA is one of the best decisions you can make; you get your money’s worth because there are a lot of employment opportunities in various sectors and industries. As an MBA graduate, you get a high salary and get to change your career if you feel that you’re on the wrong path. However, this is not given to you; it takes hard work and dedication.