Six Great Reasons Why You Should Get an MBA Degree
Some are feeling hesitate to take an MBA degree after completion of Bachelor's degree. That's why some person cannot get the MBA degree though the completion of Bachelor's degree. Here are some reasons for why you should take an MBA degree.
It gives you credibility with your business peers:
Having an MBA demonstrates your commitment to the business because you've invested the substantial time and energy required to obtain the degree. It shows that you value the business perspective and recognize that the technology you implement, support and develop is intended to enable business activities and is not an end in itself. An MBA also indicates that you've mastered a certain level of knowledge in business management, which gives you the ability and confidence to speak on equal terms with executives outside of IT. Because IT touches nearly every part of the modern business enterprise and because IT managers are increasingly involved in business processes, the MBA adds credibility to your perspective when you're discussing technical solutions to business problems with your colleagues.
It teaches you to think like a business person:
As technologists, we're used to thinking in a linear and logical fashion: "If this, then that". This logical mindset is essential to writing good software, troubleshooting technical problems and managing projects. Business people, on the other hand, tend to think in terms of strategies and value, and human (customers and investors) reactions. The business perspective, by its nature, tends to rely more on estimation and trial and error. The ability to think like a business person is critical for technology managers, especially those of us who wish to position IT strategically within the company. We need to know how to plan, design and build an information architecture that is capable of supporting the business as it adapts to a changing marketplace. Without this business mindset, a CIO is at risk of creating an IT department that is too rigid, too slow or too restrictive to fully support the company's needs.
An MBA is your ticket to the inner circle:
Many CIOs are concerned about not having a seat at the table. That's because IT is often regarded as tactical and not strategic, and because business leaders are not usually ready to talk about tactical technology solutions in the early stages of planning any business initiative. If you as an IT manager have an MBA, you're seen as having more to offer than just your knowledge of technology.
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Account BenefitYou will communicate better with your business colleagues:
IT professionals use a lot of jargon as shorthand when we're communicating among ourselves: RFID and WEP, access points and ACLs, object code, executables and DLLs. Each of the business functions (such as sales, marketing, accounting, auditing, risk management and human resources) has its own jargon, which represents equally complex ideas or processes. In business school, you learn the distinct languages of those functions. You learn, for example, the difference between cash-based accounting and the accrual method, earned value and net present value, suspect and prospect, guerrilla marketing and viral marketing, and situational interviews versus behavioral interviews.
You'll learn how to read and interpret business statements:
The MBA curriculum teaches you to understand and interpret financial statements, marketing plans, market analyses, audit reports and business development plans. Knowing how to read a financial statement is important when, for example, you are evaluating a vendor's financial health. Knowing how to interpret marketing plans and market analyses will help you identify a vendor's strengths and overall strategies to see if the vendor can or will continue to be able to meet your needs. It's also helpful when trying to understand your own organization's operating environment: The better you understand the way your company is moving, the better able you'll be to position the IT department in front as opposed to being dragged along behind. Being in front, on the leading edge of change, is more fun and will make the IT department much more valuable to the company.
You'll polish your written communication skills:
Because the MBA is a master's level academic program, you generally have to produce a 20 to 30 page report for each class subject. In my program, the classes were only six weeks long. The ability to research business topics and develop written comprehensive analyses quickly has been enormously helpful to you in your role.
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