MBA after Graduation or Work Experience – Which is better?
Is it true that you're undecided between gaining work experience and enrolling in a B-school?
Nowadays, most students are unquestionably torn between acquiring job experience and pursuing a B-school degree. Know that 77 percent of students in IIM Bangalore's top PGPM program had a few years of professional experience before enrolling in the program. So, while it may appear like finishing your degree before starting work is a more standard approach, it is not.
Many business schools give preference to graduates who have previous work experience. Consider why you should work before enrolling in a B-school rather than after graduation.
Is it correct to claim that you are 100% certain?
Let's face it: a huge chunk of your decisions are made due to your peers, family, or friends being admitted to a particular institution. How many of us knew exactly where we wanted to go by the time we graduated? What's to say you won't decide midway through your MBA that it's not for you? Indeed, investing so much time and money in a degree is unlikely to be the wisest decision you'll ever make. If you choose to work before completing what may be your last primary educational degree, you may have the opportunity to determine what you are looking for and attain it.
Your work experience will reflect on your b-school application.
You didn't consider that one just now, did you? There are many more criteria to consider to get into a prominent B-school than simply passing cutting-edge tests. So, presuming you can do it competently, you should contact your MBA from a top business school. While you will apply to institutions, your work experience will enhance your application for a B-School and provide you with an advantage over the competition. Similarly, for those applicants who did not excel in school or college, having work experience will more than make up for their lack of academic achievement.
Not simply one more subject
Overall, a substantial percentage of us have completed our education by reading, writing, and studying whatever comes our way. Never once have we paused to contemplate how this will benefit us in the long run. However, in the case of an MBA program, this isn't the case. You should discuss real-world job challenges and find solutions, and who better than you to do so? If you have successfully worked in the past, you will find that the subjects in your MBA program are simple to comprehend. Furthermore, because MBA subjects are more practical, it will be easier for you to associate with something similar. Training will always be better if you can understand it rather than just repeating it, and work experience certainly makes the job easier.
Generally significant of all, Higher pay packages!!
As we mentioned initially, Applicants with past job experience are more likely to be liked by B-schools and scouts throughout the admissions process. Everyone wants to work for top-tier organizations and earn better and more important pay packages. At the same time, up-and-comers with work experience may be able to snag a larger remuneration package.
Because an MBA may be the most critical and expensive decision you'll ever make, it's only natural to want to make it worthwhile of your time, effort, and money. It's better to enter the 'work world' and become acquainted with the most important dos and don'ts than to go through that cash and realize a significant blunder you've made. To better understand and land your dream firm, you need to gain work experience.