By Shi Tianyun The is a graduate business programme that covers a wide spectrum of business related topics from economics, organisational behaviour, project management to government policy. While it would make sense for an individual already working in the financial industry to undertake the MBA for a deeper understanding on relevant issues that she may come across at work, that is not the main reason why most are motivated to pursue an MBA. 33 percent of those surveyed in a recent poll conducted by JobsCentral of 181 individuals cited БSalary increment upon completionБ as their motivation for pursuing an MBA, making it the number one reason. БAcquisition of knowledge and skillsБ was the second most popular reason with 21 percent picking it as their main motivation. Xinhui who is currently working in private banking agrees with the majority. She explains why she is toying with the idea of pursuing an MBA, БBesides having a better knowledge of business management, having an MBA will put me in a better position to ask for better pay,Б
БI had both personal and professional reasons for doing my MBA,Б Debbie, who has just completed her MBA with graduate business school INSEAD, says.
БPersonally, it was the challenge to find the drive and enthusiasm needed to enhance my learning and to get involved in networking with like-minded professionals from all around the world. Another motivation was the opportunity to broaden my skills beyond my functional expertise and sharpen other skill sets that I was not exposed to at work. Б That being said, taking an MBA is a tough and sometimes expensive ordeal. Here are the top reasons why some take the MBA plunge. For the money To put it less crudely, an MBA will help you advance your career. For instance, in the area of finance, banking and consultancy, sometimes having an MBA on your resume could give you an extra edge and convince your boss that you deserve that promotion. Bosses might see the resultant MBA as an achievement that brings about much sought after skills. Top business school graduates bring to the plate fresh ideas and perspectives, having interacted with the brightest minds in the world Б the best business schools have stringent admission criteria.
They also hone their soft skills like time management when dealing with the heavy course work. БIf there are two candidates up for promotion, if everything else is equal, the one is the MBA will most likely to be chosen,Б Denise, who is in the corporate finance field, says. БAlthough IБm not considering an MBA right now, I would most definitely do one if an advancement into senior positions requires it. Б For the leadership You will learn leadership, business and management philosophies in an MBA programme and this can be applied to any management role. Plus, you will also be trained in public speaking through public presentations and lead discussions and study groups. Debbie believes these skill sets will come in helpful as Бthey would ultimately become important to be an all rounded senior manager or executive in a leadership position. Б For a change in industry БIf you are not from corporate finance and finance industry but want to move into it, the best way is through an MBA,Б suggests Denise.
Those who are technically competent in areas such as science or engineering, an MBA will open up many new opportunities as the combination of a technical and business degree is highly demanded. Even if you donБt have a technical background, the general business and management expertise you pick up when enrolled in an MBA programme can be applied to any industry. For the networking The entire MBA programme is one long networking session – the chances of meeting someone with the same career goals and aspirations as you in your MBA cohort are high and you never know which company or organisation they might be working in. In fact, you might also bump into some fellow students who are entrepreneurs working on widening their network. Debbie sums her MBA experience, БThe school represents more than 80 nationalities and besides gaining a deeper insight into their cultures, I was able to broaden my potential job and networking opportunities from a global, not just regional perspective.
Б Why would you want to pursue an MBA? Share with us in the comment box! The JobsCentral Group, a CareerBuilder company, is the owner of JobsCentral. com. sg, one of Singapore\’s largest job and learning portals. Get a free career personality test and more career- and education-related articles at and sign up for upgrading courses at. Alternatively, Like us on or Follow us on for more career-centric content! The most common and basic question that is asked during the Personal Interview round at B-schools is Why MBA?. It seems like another simple question on hearing, but attempting to answer it is not an easy task. This question is one of the most important questions on the minds of interview panelists. Most of the PI candidates are not sure about how to answer this question and get nervous when it comes to answering this question. In this article, we will talk about the ways in which you can prepare yourself for answering this question the right way.