1. Getting a Glimpse Of The Business World: - No matter how academically good a person is, understanding the business world is practically impossible unless and until they are a part of it. Successful public relations is a crucial component of management, which is not a theoretical issue.
To master this, you’ll need a lot of time and practise. As a result, prior to applying for a master’s degree in business administration, two to three years of experience are required.
2. Difference In Placement: - The profiles supplied to an experienced candidate at most top-tier universities are far superior to those offered to a fresher. (This is true when the candidates’ academic records are almost the same.) Several institutes have found that when both experienced and inexperienced candidates are offered the same position in the same organisation, the salary package offered to the experienced candidate is considerably superior to that of his less experienced counterpart.
3. Perfect Years Of Experience: - Any experience less than a year is not valid. This is because it is a well-known fact that an employee’s first year of employment is spent just learning the job procedure and responsibilities in any organisation. This won’t be helpful until the second year. As a result, a basic MBA programme requires work experience of at least two years.
4. Relevant Experience: - If you are considering an MBA programme, simply having a particular number of years on your résumé will not help you. It is pretty typical these days for someone with a civil engineering degree to work in the IT industry, or vice versa. This type of Experience will not get you far if you are one of these people. Experience in your field of study is required to make the most of your MBA education. That way, you’ll have a greater understanding of the severity of each managerial problem you encounter along the road and how to address it better.
5. Better Performance In Internships: - Internships are a requirement for any MBA programme. While this is unquestionably significant from an academic standpoint, it is also crucial to note that many students rely on pre-placement offers (PPOs) from the organisation they intern. Compared to their more experienced counterparts, freshmen students now have a lower chance of obtaining such PPOs.
This is because a fresher spends most of his internship attempting to figure out how the organisation operates. An experienced applicant is well-versed in this, and they make it a point to devote all of their time and effort to accomplish the task that has been assigned to them from the start.
6. Ability To Connect The Dots: - When someone goes to work, regardless of their job title or field of study, they are bound to run into some issues. While some of these issues may be technical, most of them will be managerial. A person familiar with real-world difficulties will be able to comprehend and apply concepts in the search for solutions.