According to her, it may take a few additional years, but with consistency and focus, candidates can crack that barrier without the label of an MBA. The real question was if companies were consciously moving away from the label and displaying the same open-mindedness and daring they so often expect from candidates.
She also sheds some light on the future of the MBA. “Unfortunately, it isn’t going anywhere for quite some time. But the light at the end of the tunnel is a significant increase in corporate leaders who are willing to invest in individuals who show potential – and value their intentional past experiences, which tend to validate their leap of faith. A little bit of networking to meet such leaders goes a long way.”
Praful, a student of MBA at Murdoch university and region revenue head at Builder.ai, a software development firm, said that he began pursuing his MBA because of professional gaps he faced at work which were limiting his possibilities. For him, an MBA will be a cherry on top of his existing skills to get to the top positions.
As per his prediction, MBA will not lose its relevance at least for the next 50 years because the course teaches you leadership, sustainability, and managerial skills, which he believes are quite useful and relevant to the work he does. In addition, this training gives most applicants a competitive edge when applying for jobs.
“People with knowledge on sustainability, global business, accounting, and other themes can expect professional success in their future,” he added.
While the present is undisturbed, the MBA course must evolve itself to fit in with the needs of employers and potential industries to stay relevant as a degree. So, where do you think the future of the MBA is headed?