There is a lot of demand for business graduates in the corporate world. These roles typically expect the candidates to have an MBA degree. A Professional MBA can be a good option for graduates with experience who want to pursue higher studies. It is a professional postgraduate course that is designed for executives who do not have many years of experience in the corporate world in business and leadership. Compared to an executive MBA, which needs at least five years of work experience, a Professional MBA can be done even with 1-2 years of work experience.
It is essential to select the right kind of MBA program as per your requirements. With the wide variety of choices available in the market, leveraging the benefits offered by a Professional MBA depends on the kind of MBA you are doing and how it can help you speed up your career growth. For instance, a Professional MBA degree is suitable for people who have been in a job for a few years and now want to go for higher studies to advance in the organization or industry.
Here is all you need to know about Professional MBA:
What is a Professional MBA course, and who should take it?
A professional MBA is a postgraduate degree program designed for people in their later twenties or early thirties. It is a course that helps you learn in-depth about the various management concepts and their application in the workplace. A Professional MBA course benefits individuals with at least one to two years of experience in a job. Professional MBA courses are also known as part-time MBAs. It can include weekend programs or evening programs. These are suitable for individuals who want to continue working in a job while earning their MBA degree.
What a Professional MBA course teaches in general in India?
A Professional MBA course teaches various management concepts, including marketing, finance, human resources, supply chain management, international business, analytics, and consumer behavior. As individuals have less experience compared to Executive MBA candidates, a Professional MBA course starts with the basics of all management concepts before moving into advanced knowledge. Professional MBA courses help an individual build the knowledge framework brick by brick in the first phase and then select a specialization once the student has a fair idea about all the areas.
What is the purpose of a Professional MBA course?
The primary purpose of a Professional MBA course is to help graduates understand general management functions better. In addition, it is designed to provide a broad overview of management concepts and help find the area of specialization. Therefore, the fundamental purpose of a Professional MBA course is as follows:
Overview of management concepts
It provides an overview of management concepts to learn how to deal with opportunities and challenges in the market, industry, and workplace. As Professional MBA is designed for individuals who do not have decades of work experience, it starts with basic concepts and moves deep into each as the course progresses.
Networking opportunities
Professional MBAs also help individuals with networking opportunities among peers, faculty, and industry leaders. A Professional MBA is usually designed to allow you to regularly interact and engage with fellow learners, industry leaders, and faculty members. In addition, it helps develop a professional network outside the workplace that can help you with several opportunities in your career.
Better overall development
Completion of a Professional MBA is a testament to the fact that you have the ability and temperament to complete a professional degree while working a full-time job. It helps the candidates stand out when looking for new job opportunities or promotions in the same organization. The Professional MBA course helps improve the learners’ overall development and makes them better managers and executives in the workplace. It helps everyone in the long run, irrespective of the types of occupation one is engaged in.
Benefits of taking a Professional MBA course
There are several benefits of a Professional MBA course. Some key benefits of a Professional MBA course are as follows:
Work continuity
As you do not need to leave your job to complete a Professional MBA course, the most significant advantage of this course is the ability to continue to work. It helps to build a career that has a sustained work history and, at the same time, higher education that enables you to grow in your career. It creates a win-win situation for individuals who cannot leave their full-time jobs for higher studies.
Better earning potential
Completing a Professional MBA degree is expected to open up new avenues for growth for an individual. Whether moving up the ladder in the same organization or entering new industries, a Professional MBA degree can do each of these with ease. In other words, a Professional MBA degree offers better earning potential for you in the long run.
Better professional skills
A Professional MBA degree helps improve the professional skills of an individual. Apart from teaching the various management concepts from basic to advanced levels, a Professional MBA enables you to attain better professional skills like communication, presentation, negotiation, etc., which help you perform your job more efficiently.
Completing a Professional MBA course requires intensive reading and focus from an individual. As the schedule can be set as per the learner’s convenience, it is relatively easier to manage than a full-time MBA. It is essential to clarify what you are trying to achieve with the Professional MBA degree. For instance, you could be looking at moving up in the same organization, switching industries, moving to a new area of interest, or anything else.
Depending on your end objective, you would need to zero down on the best Professional MBA degree that can help you achieve the goal. You can consider the Accelerated MBA program from Harappa for your Professional MBA. It is one of the best courses with a solid industry interface and fast-track development.