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Top Benefits of Part-Time MBA (Especially Working Professionals)

In India, management is regarded as a highly rewarding career path. As a result, a large number of graduates, as well as working individuals, opt for postgraduate studies in this field. However, with a highly competitive atmosphere, securing admission into MBA programs becomes difficult for many aspirants. On the other hand, some individuals may not be able to pursue a full-time MBA program on account of personal or professional commitments.

Thankfully, a number of Indian institutes have come up with a feasible solution to tackle these difficulties, namely, a part-time MBA program. Candidates who are not able to pursue a traditional MBA program can enroll for a part-time MBA through online or distance learning portals.

1. Changing Career Fields or Companies:

A part-time program provides adds weight to the resume of a candidate who is looking for a job change, after a little work experience, and helps them in getting promotions faster and landing a lucrative job. However, it is very common to have part-time students struggling to go through the task of preparing for interviews, while you’re juggling your degree and current job, especially if you are interested in finance and consulting. It needs time and a lot of commitment to go through case studies, and hence when preparing for interviews you might have to take some days off, to compete with regular full-time MBA students. At the same time, the work experience that you have will most likely be of more importance, than that of regular candidates, when opting for a job, giving you an added advantage.

2. Career Growth:

As a working professional, you should be aware of the latest trends that contribute to your employability, and any new skills that employers might be looking for in their prospective candidates. A part-time MBA program, lets you evaluate whether the career growth you are expecting is in accordance with the demand of the industry or not, and helps you develop the necessary skills, all the while you hold down a job.

3. Earning More Money:

There is a myth that part-time qualifications do not pay much. However, earning more than a decent amount of money is possible given a part-time MBA experience. Remember, experience counts, and once you’re done with your part-time MBA program, both of these things will add up to end in your favor.

4. Exposure:

You are likely to pick up a lot of new things, related to your subject or otherwise, and have multiple chances to network with like-minded people who’ll keep you in just the right amount of competitive spirit, while you interact with them.  This will serve as an improvement in your career, as you will find yourself ready to take on new responsibilities, with access to better remuneration.

5. Sense of Direction:

If you’re bored in your current job, a part-time program can come as a positive change in your professional life, where you can continue devoting a part of your time to something you’re interested in, while being financially secure. You can also figure out your calling, which you can pursue once you’re done with your part-time degree.

 

Also Read:

Top Reasons to get an MBA Degree

How MBA Helps You in Developing Your Skills?

 

What Skills Do Companies Look While Hiring an MBA Graduate?

Considering the popularity of the Master of Business Administration (MBA) degree for graduate college students, MBA grads may want to stand out in a crowd, and knowing what employers are looking for is the key. The degree costs close to a fortune per year at the top schools, but one in three employers said they struggled to find business school graduates with the right skills.

In the process of choosing the best business degree available, you will find out that although different programmes cater to different needs, some MBA skills are taught universally. Surely, these should be relevant to your specific goals and career aspirations. However, it is also important to be aware of the current job market fluctuations and to keep in mind that employers will value some skills over others.

The most important skills employers look for are as follows:

  • The ability to work with a wide variety of people
  • Time management and ability to prioritize
  • Understanding the digital impact on businesses
  • Ability to build, sustain and expand a network of people
  • Ability to solve complex problems

The five most important skills were not core MBA subjects, such as finance and marketing, but more loosely defined qualities or so-called soft skills. Of these, employers said the ability among MBA graduates to manage their time effectively was the most difficult to find.

But MBAs are also expected to be more than problem solvers with great interpersonal skills. Employers rated skills according to how difficult they are to find in MBA grads when hiring, and the top five are:

In terms of the most important skills in the workforce, graduates mainly agreed with employers: soft skills matter the most. But when asked what skills MBA students were most proficient in, the results were contradictory, suggesting the expectations of employers and candidates are mismatched. Two of the skills that graduates from elite MBA/PGDM programs found they were most proficient in — drive and resilience, and the ability to solve complex problems — were also among the skills recruiters said they found the most elusive in MBA graduates.

The job seeking process is always a crucial one. The list above reveals the qualities that are vital in all MBA professionals. A confident and impressive lad can surely bag a nice job if he is thoroughly prepared and knows what to expect during job interviews. You must thus prepare yourself well and the job search will then be a cakewalk for you.

Top Benefits of Part-Time MBA (Especially Working Professionals)

N. L. Dalmia has shaped my personality in many ways. I learnt the best of HR subjects from amazing faculty members and the overall ecosystem helped me in becoming a better person.

When I entered the industry to start working, I already had a head start in HR concepts, thanks to the specialized HR batch. Additionally, we were provided with well-rounded development through assessment centres, IR case laws, personality development camps, college festivals, national level paper presentations and multiple sessions by industry stalwarts. I feel proud and grateful to have been associated with this institute. The conceptual and life learnings have shaped my career and more importantly my personality.

Designation: HR Business Partner

Organization: Amazon Development Centre India Ltd

Name: Ravishankar Kale
Phone: + 91 8956058483
Email: [email protected]

Name: Kshama Shukla
Phone: + 91 9867366181
Email: [email protected]

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