If you are currently pursuing BBA or planning to pursue BBA, then this one question might have bothered you a lot of times. Well, different people will showcase different opinions regarding this question but at the end of the day, the decision to do MBA or not lies with you. Now before putting our own point, we would like to give a detailed analysis of what MBA is and how it can benefit an individual. Also, a good management college will be really helpful if you are seeking admission as it will open up a lot of avenues in front of you. In fact, whether you pursue BBA or not, make sure you keep a close check on the BBA admission 2019 so that you can make use of the opportunity provided on time.
Now, the answer to this basic question of whether MBA is necessary after BBA or not is definitely no, as it is not necessary to pursue it but it is always recommended to go for MBA as it provides many benefits in the long run.
Before getting into the details, we would like to share the alternative options that are available before you in case you have completed your BBA from the top BBA college in Delhi/NCR.
1. Go for a job:
Well, there are plenty of jobs available for BBA graduates in various sectors. However, you have to adjust initially as you might not be offered the salary you expected at regular promotions but what will help you, in the long run, is how you handle all the issues.
A job will surely help you in other ways as you can gain maximum experience while working with experienced individuals of various fields. There are a few other benefits that you can avail from a job such as:
- Gain an overall organizational experience
- An individual gains a lot of exposure out of such jobs and comes in contact with organizational issues and management problems
- Such jobs can boost confidence level and accelerate personality development in an individual
2. Be An Entrepreneur:
A significant youth population is inclined towards internship as being your own boss is undoubtedly the most attractive thing while working. Most of the graduates from the top BBA colleges in Greater Noida choose to go for startup. While a startup can generate high profits it can also lead to the dissolution of the firm in case the entrepreneur is not able to manage things. The following are the benefits of becoming an entrepreneur:
- Zero Answer ability
- Huge profits
- Societal recognition
3. Go for PGDM:
Post Graduate Diploma in Management or PGDM is a management course which offers an industrial integrated syllabus for developing a practical approach towards the real-life problems facing industries and management. Various advantages of pursuing PGDM after BBA are as follows:
- Top level on campus placements offered at reputed organizations
- A wider scope of growth and development
- High salary offered to students during campus placements
Apart from all these options, one can also go for a job initially and then step for some higher education to expand his choices by getting admission in top management college in Delhi/NCR. Also, you would have gained significant experience by then.
Now, to answer the question of whether to pursue MBA after BBA, let us first know more about the course and its pros and cons.
MBA is a valued degree when it comes to the management and operation of a firm. MBA provides a practical approach to deal with business issues. It is a popular degree if you aspire for a C-suite job or want to start your own business. However, make sure you have done your BBA from the top BBA college in Delhi/NCR as it will add up to your resume while seeking admission for MBA. There is over 250 specialization in this field, and individuals must select one according to their interest. Accounting, Human Resource Management, Finance, Marketing, Business management, E-business, E-commerce, entrepreneurship are some of the common fields to specialize in.
Now that we are aware of the details of this degree, let’s get into its major pros and cons that motivate or demotivate people to this degree:
- Helps in developing core management skills and strategies:
MBA aims to develop skills in an individual that can help him to successfully run a business. It aims to teach how to manufacture, market and sell your product to consumers. It also provides skills to keep finances in a healthy state as the lack of finances can lead to the dissolution of the firm. During the course of study, individuals are also taught the steps to maintain a positive image of a firm which can lead to increased goodwill and to keep close contacts of people who can help in times of distress. It keeps individuals intact to latest trends in national and international business and helps them to adjust to changes well without any resource wastage.
- More opportunities and a higher salary package:
The salary offered to MBA graduates is much more than what an average BBA graduate receives which makes the degree more attractive to fresh talent. The placement and salary package usually depends on how well reputed your university is. So, make sure that you get admission in best management college, Delhi. Often, these management colleges keep close contact with big business houses and provide campus placement to its students.
- Provides skills required for starting own business:
If you are constantly dwelling on entrepreneurship and want to be one of the biggest entrepreneurs, then MBA is a must for you as it induces fresh talent to discover, innovate, analyze and question business policies and trends. Thus, if you want to be a successful entrepreneur make sure that you are through with MBA.
These were some of the pros of taking up MBA. Now, let’s talk about the disadvantages of pursuing this degree:
- Huge Cost:
Since MBA is a professional degree and is offered by some of the most reputed management colleges, the fee structure is often very complex and the also very high which makes it tough for middle-class students to afford it. IIMs which are considered as the best management colleges in India provide a 5-year integrated course of BBA along with MBA for which the fee demanded is 15 lakh to 20 lakh approximately. An individuals time is also considered as an implicit cost for getting this degree as he or she gives up 2 years of a job to get this degree.
To conclude, cost as a disadvantage of pursuing MBA cannot be considered as a huge disadvantage as often the salary package received after the degree is high enough to balance the effect. However, there are also individuals who did MBA and did not get the job of their dreams thereby, making the whole degree futile. The answer to whether you should do MBA or not altogether lies with you and you have to decide whether to do it or not according to your personal choices and preferences.