Investing in an MBA degree might not be a good decision in the current time but the students of B-school during the time of 2008 crisis will assert that this is the right time to strengthen your skills to hold out against the current situation of the market.
During the pandemic and economic recession, people may not get their desired and dream job or promotion in their current job. The MBA degree lives longer as once the condition of the market improves the hiring process will get more proactive, the companies will be specific about the skills of the candidates.
This could be the best time to up-skill yourself in this pandemic time because B-school graduates will be more capable and desired by corporates. You can search for a good business degrees or courses with job hunting. Many corporates are not considering traditional MBA degree and are in want of candidates with a new set of skills like-
- Certifications in NISM (National Institute of Securities Markets)
- NCFM (NSE Certification in Financial Markets)
- AMFI (Association of Mutual Funds in India)
- Google Ads-Fundamental and Advanced Display Advertising Certifications
- CII-UK-Certification in Insurance
- Communication skills
- Entrepreneurial skills
The students can learn from this pandemic that how you can plan in a time of crisis. More opportunities are rising in the upcoming sectors in the future market and you must look for work in the emerging sectors in the economy. As a job seeker or if you want to start your business in the post-pandemic market, MBA can help you in many ways. If you are a job seeker then you should consider top institutes to get placed in top corporate houses and if you are planning for business then search for mediocre institutes where you can gain knowledge about management and business planning and avoid spending too much on degree.
Recruiters believe that MBA is a great degree but if you consider doing MBA in a specific field, the course will be more beneficial as compared to a traditional or general MBA degree.