A global MBA degree will help students to gain wider exposure, a stronger network & good package, says DR AKHIL SHAHANI
An MBA degree is one of the best pathways to a lucrative career. MBA professionals are confident individuals and have a pool of information that can help any organisation to succeed. Be it any industry, an MBA graduate will find a suitable job matching his or her skills and knowledge.
To be a successful MBA professional, an individual must possess good communication and interpersonal skills and qualities such as teamwork and professionalism. While a normal Indian MBA degree can help students develop these skills and qualities; a global MBA degree will help students to gain wider exposure, a stronger professional network, and a good salary package.
But you may ask, what exactly is a global MBA? You take classes in an Indian college affiliated to a foreign university. The teaching that is conducted in India counts towards the total course credits needed by the foreign university to gain an MBA. In many cases, the last part of the course is taught online or in the physical campus of the foreign university, after which the MBA is granted.
Let’s see how a global MBA degree can help you shape your career.
Increase in opportunities: Today, the universal nature of business demands an in-depth understanding of global markets. To succeed in the dynamic business world, an individual must have practical knowledge of the business world and the latest industry trends around the globe. It will keep you updated with all these and will also provide you with a wide range of opportunities for your professional growth. A global MBA degree follows a curriculum that is designed to give an international perspective. It gives you the confidence to work in any organisation in any part of the world.
International exposure: The pandemic has made us realise the importance of globalisation. In trying times, businesses and organisations across the globe came together to support each other. This situation had led to a growing need for MBA professionals who can have the knowledge and skills for dealing with international issues and situations. A global MBA prepares you to work with foreign firms, lead and manage diverse teams and make strategic decisions.
Broaden networks: Pursuing a global MBA degree makes you a part of a huge global network of talented and successful professionals from various industries. It is rightly said that it is not important what you know, but who you know. Compared to an Indian MBA degree, a global one will help you connect with professionals from various industries in different countries. The faculty and guest lectures from industry experts will guide you with your career, give you industry insights, and can even help you secure your dream job. A global MBA degree curriculum also exposes you to diverse business environments and widens your perspective about various international issues.
Increased remuneration: You can enhance the skills that are needed to succeed in the global business environment. You also learn relevant skills to survive and flourish in the ever-evolving international business community. This gives you an edge over others. Comparably, the possibilities are global MBA degree holders tend to have better promotion opportunities than Indian MBA degree holders, because they have a wider and broader global business knowledge and mindset.