Is 2020-22 a Good Time to Pursue an MBA? An In-Depth Analysis

Considering the increasing number of Business Schools offering Master of Business Administration (MBA) programs, one might question the value of pursuing an MBA in the current landscape. While it's true that the proliferation of B schools has led to a saturation of the market, choosing the right program and institution can still offer substantial benefits.

The Value of an MBA

An MBA or PGDM (Post Graduate Diploma in Management) is a versatile program designed to equip you with the necessary skills for a successful corporate career. Two key factors to consider are the quality of the course and the reputation of the institution offering it. A reputable MBA course, such as one with AICTE accreditation and dual specializations like AIML, Marketing, Analytics, Finance, FinTech, HR, and HR Analytics, can significantly enhance your skill set.

Preparing for an Unpredictable Future

In light of recent uncertainties, such as the global pandemic, it is crucial to choose an MBA program that not only empowers you to face but also thrive in uncertain times. Institutions like CMR University in Bengaluru have designed their MBA programs to include academic as well as life skills modules that prepare students for potential uncertainties.

Experiential Learning and Centers of Excellence

CMR University's School of Management offers a range of experiential learning modules and centers of excellence to help students gain real-world experience and stay relevant. These modules include areas such as Finance, Marketing, HR, Digital Marketing, Supply Chain Management, and Business Analytics. The experiential learning modules provide practical insights that are directly applicable to the business world.

Anticipating Future Needs with Technologically Advanced Institutions

While the world is facing unprecedented challenges, some institutions have adapted remarkably well to the changing landscape. For instance, people management institutes (PMIs) like Preserva Institute of Business Management (PIBM) have consistently remained technologically advanced, enabling them to continue education and provide organizational exposure virtually.

Adapting to Virtual Learning

During the pandemic, PIBM maintained its high standard of education through its in-house AI-developed learning management software. This software facilitates online classes, real-time feedback, online assessments, and even virtual internships and placements. PIBM has also organized virtual corporate interaction sessions to give students the much-needed corporate exposure.

Evidence of Success

In 2020, PIBM successfully placed 470 of its students in top companies, demonstrating the robustness of its programs and the high demand for its graduates.

Given these developments, 2020-2022 appears to be a promising time to pursue an MBA. The right program from the right institution can provide the skills and experience necessary to navigate and succeed in the ever-changing business landscape.

Key Takeaways:

An MBA from a reputable institution can significantly enhance your career prospects. Choose a program that includes dual specializations like AIML, Marketing, Analytics, Finance, FinTech, HR, and HR Analytics. Look for institutes that offer experiential learning and ensure exposure to real-world scenarios. Consider technologically advanced institutions that can provide a seamless virtual learning experience.

By making an informed decision, you can ensure that your MBA journey is both valuable and rewarding.