After nearly two years of uncertainty due to the COVID-19 pandemic, the global hiring of MBA graduates is now on the rebound as more companies turn to hiring MBA graduates to help them rebuild their businesses and chart the growth strategies. According to GMAC’s annual Corporate Recruiter Survey, we can expect a rebound in hiring and salary projections of MBA graduates in 2021. There is also an increase in the overall confidence in the value proposition of the MBA degree.
Here are 5 Reasons Why You Should Take Up an MBA in 2022:
1. Fulfilling career aspirations
According to MBA central, 79% of the MBA graduates land themselves a career in well-established companies. The array of skills and knowledge – accounting, finance, human resources, marketing, etc – that you take away from an MBA programme help to boost your portfolio and stand out from the crowd in the competitive job market.
An MBA can also elevate your career to the next level. Besides equipping you with the relevant business skills, an MBA also allows you to gain new perspectives and insights, which enhance your situational awareness and decision-making at work. This would boost your work performance, leading to more career advancement opportunities.
2. Becoming better leaders
To lead and inspire people, it is important to have good leaders and managers who can not only plan strategically, but also inspire and motivate their teams to perform well. In today’s tight labour markets, great leaders play a big role in attracting and retaining top talents, who are key to contributing to the organisation’s success.
Through the MBA, you can develop your leadership and managerial skills, as well as other essential soft skills such as communications, critical thinking, and problem-solving skills, etc. This will help you build your leadership capabilities and prepare you to become effective leaders in your organisation.
3. Developing entrepreneurial skills
The MBA develops knowledge and skills that are required to run a business. Even if you are not aiming to be an entrepreneur, it is still important to learn these entrepreneurial attributes as it empowers you with the critical thinking and innovation skills that would benefit you in roles that require you to think outside of the box such as business and product development managers, consultants, etc.
4. Learning the best practices
Technology has been rapidly transforming businesses all over the world. By taking the MBA programme, you will learn about the latest trends across the industries and the best practices that are applied in businesses. Whether it is incorporating new technologies or automating workflows, the knowledge that you acquire at the MBA programme will be beneficial to you and your organisation. In addition, adopting a growth mindset is crucial to stay ahead of the competition during challenging times.
5. Networking opportunities
As an MBA student, you will have numerous opportunities to meet like-minded people through sharing experiences and knowledge with people from different age groups, industries, interests, and passions. They can be your classmates who are business professionals of different levels, or professors who have extensive industry experience. Moreover, with the classroom diversity, you will have the opportunity to meet new people from all around the world and expand your network globally.
The Adelaide MBA is Open for Application!
If you are looking for career growth and opportunities, our Adelaide Master of Business Administration (MBA) programme delivered and awarded by The University of Adelaide at Ngee Ann Academy can open new doors for you. Through the MBA classes, individuals will foster the necessary skillsets, gain a competitive edge in the business realm, network with professionals, and prepare yourselves for the changing business environment.
The Adelaide MBA degree has been designed with maximum flexibility to suit the busy schedules of working professionals. Students can vary the number of modules they undertake in each term. This allows students to adjust the intensity or progress of their studies. All courses are currently delivered synchronously and asynchronously online due to COVID-19 restrictions. Face-to-face delivery will resume when international travelling is permitted and with safe management measures.
For more information, please visit the MBA programme page