Master of Business Administration (MBA) is one of the most famous and selected program not only in Pakistan but across the world. This is a two-year program and serves the purpose of a door of opportunities in the corporate world. It is a general graduate business degree program which educates students on technical, managerial and leadership skills required at workplace. MBA not only helps in acquiring general business education but enhances the business understanding, increases professional network and creates more opportunities for oneself. It is helpful in numerous ways, such as, if one need to accelerate his / her career, change their industry or even become an entrepreneur, MBA helps individuals to land at their desired places.
Curriculum of MBA
MBA is a generalist degree which covers all varieties of business related courses including accounting, economics, finance, marketing, supply chain, management, human resources, leadership, change management etc. The entire program also will force students to apply ideas from the classrooms to real world problems and then devise a possible solution. This experience will be polished by working in groups and studying real time case studies. Classes of an MBA degree are interactive and activity based in which students are involved to an advanced level. MBA comes in different shapes as it can be a morning, weekend or evening program as per the convenience of an individual. MBA can also be completed within one year if the institute of completing Bachelor and Master degree is same with having similar specializations i.e. an MBA after BBA from a same university can be completed in 1 year. However, there is another EMBA program as well-known as Executive MBA. The difference in EMBA is that it has been specially designed for the ones who have certain amount of working experience so that they can be given an advanced level of understanding during the classroom teaching.
Distinctive Features of MBA
- Students from any background can pursue an MBA degree including science, commerce and humanities.
- MBA is a regular and professional degree which is better than all other related diplomas.
- MBA can be initiated in different shapes as per own convenience, weekend program, evening program, online program, EMBA or a regular morning program.
- MBA ensures the landing of fresh graduate at a decent job or at least internship.
Eligibility for MBA
The basic eligibility criteria are as follows:
- Minimum of a Bachelor or 16 years of qualification with at least 2.5 CGPA to 3.0 CGPA or 60% marks.
- Minimum of 50% marks in the entrance test of university.
- Final semester students are also eligible for applying based on their previous results in excess of 60% marks or equivalent CGPA.
MBA is available in two different variants; few of the universities offer it in specialization while others offer a general MBA program in which all the aspects are highlighted. The ones that are specialized either teach a specialized curriculum during the second and final year or even start specialization courses from first session. The general specializations which are available at MBA level are mentioned below:
- MBA in Finance
- MBA in HR
- MBA in Marketing
- MBA in Entrepreneurship
- MBA in Supply Chain
- MBA in IT
- MBA in Risk Management
- MBA in Banking
- MBA in Project Management
- MBA in Hospitality Management
- MBA in Public Policy
- MBA in Logistics
Skillsets developed with the help of MBA
MBA helps the individuals in developing certain skills during the course of two years’ study. The skills are as follow:
- Business acumen
- Problem solving
- Analytical thinking
- Leadership and Team Management
- Research orientation
- Goal orientation and meeting deadlines
Career Opportunities after MBA
An MBA degree holder can take up many professions, however, if an individual is specialized in a particular area, it is absolutely no doubt that all the opportunities related to that particular field can be explored. However, if an individual has a general MBA, there is a sea of career opportunities available in the external market. It shall be still noted that working individuals can continue their same professional careers as few of them only complete an MBA program for understanding business or upgrading their qualifications i.e. Engineers, Developers, Project Managers etc. The careers that are available after MBA degree are as follows:
- HR Manager
- Finance Manager
- Accounts Manager
- Marketing Manager
- Operations Manager
- Project Manager
- Digital Marketing Manager
- Logistics Manager
- Risk Manager
- International Business Manager
- Retail Manager
- Supply Chain Manager
- Administration Manager
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