Depending on whom you ask, some may tell you that MBA programmes are a waste of time and money, while others assure you that the hard work will give you rewards after completing the programme. The reality of this endless debate is that the real value often comes down to what you plan to do with it, and what your specific goals are in your career.
In South Africa, the MBA has just as much weight as it does anywhere else in the world. This challenging two year course has become one of the most famous courses for anyone pursuing a career in business, but it’s also favoured among entrepreneurs and self-starters. The value of such a course is not only limited to what to what it offers graduates – employers also stand to benefit a lot when employees are highly qualified.
What exactly is the real value of an MBA, and is it worth all the blood, sweat and tears? Let’s take a look…
What is the Real Value of MBA Programmes?
We have already covered some of the top reasons to do an MBA, which include benefits that are enjoyed by graduates. There are also many advantages that can be enjoyed by employers, which clearly show just how much value this sort of qualification can provide in the workplace…
- MBA graduates develop a greater ability to lead, manage and motivate
As many MBA programmes are completed via distance learning, students who are working and studying are able to apply course material almost right away, which means getting results even before the course is completed. This makes MBA students far better prepared when it comes to dealing with the various challenges and situations of the business world. Most MBAs are also natural born leaders who possess innate abilities such as communication and problem solving. As the programme incorporates extensive strategy and management modules, these skills make students even more of an asset to employers.
- MBA students are geared towards professional development as well as the overall success of their companies
In addition to fine-tuning vital professional skills that help students grow personally, they also develop organisational skills that help them work towards the greater good. Having employees on board who have a clear idea of what it takes to run a successful business will help any organisation grow as far as skills, systems and management are concerned.
- MBA students are ideally positioned to grow powerful networks among peers and classmates
Connected employees are valuable employees who not only have their own powerful networks, but also understand the importance of continuing to build and maintain networks. This means the ability to utilise conferences, meetings and client events, as well as the ability for graduates to conduct themselves in a manner suitable for the business world.
These are just some of the ways that MBA grads experience value in their chosen qualifications. To find out how a South African MBA degree can change your life, contact REGENT Business School today to learn more about applying!