"MBA Graduates are in High Demand"

Interview: Dr. Prashant Mishra

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Is it the right time to pursue MBA?

The world of business today is experiencing rapid transformations driven by emerging technologies such as Internet of Things (IoT), artificial intelligence (AI) and machine learning (ML) etc. as well as uncertainties created out of unexpected crisis such as the pandemic and also the evolving geopolitical and economic landscape. All these changes means that the knowledge, skills and competencies required to remain relevant in the job market are also undergoing transformation. This is more so true for businesses both traditional and emerging ones.

The MBA curriculum of today is one instrument which helps young graduates prepare themselves for the jobs of today and tomorrow. Joining an MBA programme helps build business function knowledge through a multi-disciplinary curriculum and also acquire necessary skills and competencies such as problem-solving skills, critical thinking skills and also people skills along with technology tool proficiency. These inputs help young graduates prepare themselves for the desired career.

So yes, in today's times characterised by rapid changes and uncertainties, MBA is a good option to prepare oneself for better career alignment. As long as there are jobs and people have ambitions to attain leadership roles, it will always be a good time to pursue an MBA degree. MBA graduates are in high demand in a variety of industries, particularly in the technology, healthcare, consulting and product management sectors. Companies in these industries are reportedly seeking out candidates with MBA degrees and there are expected to be plenty of job opportunities available in the near future.

Why is accreditation important for business schools? How much importance should students give to accreditation when choosing a business school?