Whether you want to improve your job prospects, boost your salary or set up your own business, the skills you learn in an MBA programme are widely applicable. They can help you become a better leader and make more informed decisions at work or in your own projects, especially when it comes to making key business decisions.
Many MBA programmes also provide you with tools that can adapt to changes in the business environment, allowing you to quickly respond to different business challenges. This is thanks to the fact that you address big business issues with a class of students whose backgrounds, experiences and career goals may differ from your own, and that you learn how to apply theories and concepts from diverse fields to real-life business situations.
Most MBAs offer students the option to specialise in a certain area, although this will often require you to take some general courses as well. A popular specialisation is international business, preparing you to align company strategies across locations and global boundaries. Another is entrepreneurship, ideal for those who plan to start their own business or manage teams in businesses that rely on generating leads and marketing activities. Other popular specialisations include IT management, which can help you optimise production and business processes; and human resources, a degree that helps you develop your teamwork and leadership skills, as well as understand workplace behaviour.
The experience of studying for an MBA can give you a heightened sense of the impact you want to make on the world, and the skills to achieve it. It can also sharpen your creativity, inspiring you to create things outside of work – such as music or art. studium mba