Perhaps you find your current job unfulfilling. Or maybe you feel anxious in the competitive job market, especially since the Covid-19 pandemic and technological advancements demonstrated how quickly roles can be affected or rendered irrelevant.
The default solution often seems to be enrolling in business school to boost your academic credentials, right? But given the time, effort and money required, you may pause and wonder: is an MBA necessary for my eventual success? To answer this, it is crucial to first understand what an MBA entails.
What is an MBA?
An MBA, short for Master of Business Administration, is an advanced degree designed to equip graduates with comprehensive knowledge and skills in various aspects of business and management. Its curriculum usually covers essential subjects such as accounting, management, finance, marketing, and business law and focuses on nurturing effective management capabilities.
However, what an MBA is often valued for goes beyond the learning opportunities it offers students. It is essentially an opportunity to help professionals in Singapore progress in their careers. But how is this achieved? Here are some benefits of an MBA to consider as you contemplate its value.
Why Should I Study MBA in Singapore
1. Upskills and Future-Proofs Your Skills
With rapid technological advancements, these very technologies are now empowering firms to redefine work completely. This is echoed in the figures shared by The World Economic Forum, which projected that 1.1 billion individuals will need to be retrained by 2030 as jobs are reshaped.
Nonetheless, humans still retain an edge in tasks that require empathy, connection, and imagination. What this means is that training your soft skills, such as leadership, social intelligence and critical thinking, becomes increasingly vital for individuals to have an edge in the job market.
As a course designed to help individuals strengthen their management and people skills, an MBA presents students in Singapore with numerous opportunities for working with others and polishing these skills through practice. For instance, many MBA courses at PSB Academy involve group work. One such degree is the 100% coursework-based Coventry University Master of Business Administration in Global Business, through which students can hone their interpersonal skills and ability to work with individuals from varied backgrounds.
Meanwhile, degrees like The University Of Newcastle, Australia Executive Master of Business Administration impart students with knowledge on the tools and techniques to cope with the digitally changing environment. In these ways, an MBA degree enables you to upskill and acquire knowledge in topics that equip you with the capabilities to meet the challenges and needs of the future market.
2. Diversifies Your Network and Opportunities
If you’re seeking to transition to a new career path or advance in your field, pursuing an MBA course can give you access to the relevant knowledge and resources to achieve your career objectives. Under an MBA, the chances to network with individuals with varied professional backgrounds are abundant, unlocking doors to more attractive job opportunities in your coveted fields or company within and beyond Singapore.
3. Propels You Towards Your Career Goals
It’s also worth noting that an MBA is a versatile degree applicable to numerous industries. Many of these courses, including PSB Academy’s University of Nottingham Master of Business Administration, enable you to explore diverse disciplines within a single programme, from strategic management to corporate finance and marketing. Through projects and in-depth case studies, students can also gain a broader perspective and understanding of different sectors that facilitate a future career move to a new field.
Meanwhile, the general skills developed throughout an MBA, such as problem-solving, analytical thinking, and effective communication, are also transferable to different career paths. As such, whether you aim to advance quickly within your current field or embark on a complete career change in Singapore, the master’s degree in business administration can support you in achieving your career goals.
Enriching Your MBA Journey with PSB Academy
Ultimately, whether pursuing an MBA in Singapore is worthwhile depends on your professional aspirations and, more importantly, how your chosen MBA course can support you in achieving them. This is where PSB Academy can add value to your educational journey.
Understanding the intense competition students face in the job market, PSB Academy helps students gain an edge by offering MBA courses in collaboration with prestigious tertiary institutions worldwide. These include:
- The University of Newcastle, Australia’s Business School accredited by the Association to Advance Collegiate Schools of Business (AACSB), which is exclusively awarded to only the top 5% of business schools worldwide.
- University of Nottingham’s Business School, with triple accreditations by the Association of MBAs (AMBA), AACSB and EFMD Quality Improvement System (EQUIS).
By enrolling in our MBA degree, you can benefit from a rigorous curriculum designed by some of the best minds in the field. Going beyond classroom learning, courses such as the University of Nottingham Master of Business Administration in Finance and the University of Nottingham Master of Business Administration include optional international study tours.
With this extra support, PSB Academy helps you broaden your horizons and develop a deeper understanding of the complexities of the international marketplace, positioning you for success in a globalised world.
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