Why Do You Want To Join MBA

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There are 5 reasons that can change your mind about getting MBA degree:

5 Very Good Reasons to Do an MBA:

1. Higher salary

MBA graduates have the average salary ranges from 70.000 $ to 120.000 $. That is almost
twice as much of what you can expect to earn with a regular University degree.

2. Better career opportunities

MBA programme graduates have higher chances of obtaining a high-level management


position. 70% of the MBA graduates worldwide are senior managers. If you want to pursue a
new career, an MBA is definitely great variant for achieving these goals.

3. Better consolidated business network

MBA students have good networking opportunities. Due to this type of study you interact in
a relevant manner with colleagues, professors and teaching staff. Furthermore, if you are
not doing a part-time MBA next to your job you have good chances to meet potential
employers through the various internships that most top MBA programme include.
Students gain access to the extensive alumni network of that particular MBA programme
and of others.

4. New skill and knowledge acquisition

MBA education is usually pursued in a very specific situation by a young professional with a
few years of experience and sometimes even by senior employees that feel up for the
challenge. After some time in the professional life it is in the human nature to conform to a
certain repetitiveness and to stagnate in a comfort zone. This limits your disposition for
learning and new skill acquisition, why should I learn something new when what I know
works just fine, its safer to stick to what I know best. Studying a Master of Business
Administration forces you to get out of your comfort zone, deal with the latest issues, apply
the newest management techniques and just constantly challenge yourself, your practices
and your approaches. And that will continue after graduation as well, as an MBA also
provides you with the channels that will keep this challenge alive and push you to
continuously improve.

5. A holistic perspective on the business world

While studying an MBA you become part of a great network of professionals, so you always
challenge yourself with the problem-solving issues. These things together give you a great
overview of the business world. If you are person that can cope with holding a leadership
position, then you are probably a good candidate for an MBA.
The best way to begin is to realize that the "Why MBA?" essay question is more than a
question; it's an assignment. Think of an MBA as a training program you hope to take part
in to prepare for your future career. Your assignment is to create a customized training plan
that you will follow if you are accepted by the business school(s) to which you are applying.

MBA applications ask this question to separate those candidates who have formulated a
plan for making the most of the MBA experience from those who imagine that an MBA is an
elite country club membership or a golden ticket to riches. Therefore, the best answers to
the "Why MBA?" essay question prove three things about you:

1. You have clear career goals and those goals require an MBA
2. You have a complete understanding of the skills and knowledge gaps that you need to close
to succeed in your career aims
3. You have a comprehensive understanding of the specific resources (classes, clubs, unique
learning experiences) that the MBA program has that will address those gaps

The essay question is a difficult one because you cannot simply come up with an effective
answer off the top of your head. Instead, you must construct an effective answer step-by-
step. Here are the steps in your assignment:

1. Define your short-term and long-term career goals


2. Engage in intensive career research and informational interviews to understand the skills
and knowledge you will need to succeed in your career goals
3. Complete rigorous school research to identify your tailored training plan for making the
most of the resources the MBA program offers that fit your learning agenda

The executive summary you write after completing the hard work involved in that three-step
assignment is your MBA action plan and your answer to the "Why MBA?" essay question.

I want to do MBA as I wish to make career in Finance

Than why did not you join CA?

In fact, my father is a CA and as per my discussions with him regarding my interest to


pursue career in Finance, I came to know from him that majority of CAs look after non-
finance areas, like Accounting, Auditing & Taxation with an overview of finance. Only
handful of CAs would be taking care of purely Finance. While I want to major in Finance
since I find . For said reason, I did not opt for pursuing CA course.
The question "Why MBA?" asked so frequently on business school applications and during
admissions interviews is far more complex – and important -- than most applicants realize.

Some individuals respond candidly that their current job is constraining or unfulfilling, so
it’s time to move on. Others answer that adding business skills and forging new
relationships in a collegial setting is their motivation. And many applicants simply list well-
known offerings from the targeted school that they find appealing. However, such responses
fail to seize the true opportunity provided by the question, “Why MBA?”

What the admissions committee really wants is a window to the applicant’s vision, values
and awareness. They want to discover more about the person behind the application. So,
the answer should start with an analysis of yourself and the world around you to identify
what you intend to accomplish with this coveted education. Then, in conveying this vision,
you should reveal what is so compelling about your future that justifies a two-year, six-
figure investment in business school. And finally, in stating the rationale for this education,
you need to identify what is currently missing (e.g., knowledge, perspective, network, etc.)
that is essential to achieving your highest potential, and which specific aspects of the MBA
program will help you fill those gaps. As this degree of introspection can be difficult for
applicants to reach on their own, we have made “analysis & planning” the first stage of our
comprehensive admissions consultation.

As top b-schools have reduced the number and length of their essay questions, there are
fewer aspects of the admissions process that provide applicants the chance to differentiate
themselves and make their best case for “Why me?” By embracing the “Why MBA?”
question as such an opportunity, you can show the gatekeepers that your vision, values and
awareness are not just motivation for applying but also will be assets to future classmates
and to the MBA program in general if you are admitted.

Dan Bauer, MBA Harvard


Managing Director and Founder
The MBA Exchange, Ltd.
Admissions and Career Advisory Services

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