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Mba After Graduation Or Work Experience?
With the ever-changing admissions scenario at various business schools and the myriad of criteria surrounding them, a question that is sure to cross an aspirant's mind is whether it is prudent to pursue MBA with the help of best online teachers for GMAT exam immediately after graduation, or is it better to wait a while and gain some work experience?
The answer to this question, like most others, is subjective and must be determined case by case. However, the following points can assist in making an informed decision:
Admissions
Most business schools give some weightage to the number of months of work experience at various levels of their admission procedure, so aspirants with work experience have an advantage in securing a seat. However, there is an optimal level of work experience, which ranges between 20 and 30 months and earns the most points. If you have less or more work experience than the respective limit (depending on the institute), you will be at a disadvantage in gaining those work experience points.
As a result, given the admission criteria, your chances of getting into a B-school are better ...
... if you do MBA after work experience rather than after graduation. Also, if you intend to pursue MBA after graduation in arts or MBA after graduation in commerce, you will have an advantage in terms of points in the admission procedure. Given the admission criteria, it makes sense to pursue MBA after graduation in commerce or MBA after graduation in arts, as work experience points can be compensated here.
The Classroom Learning
The pedagogy used in an MBA classroom is primarily case-based, with students learning by analyzing and solving case studies. Students with work experience may be able to relate to the discussions better because they have encountered similar scenarios and problems at their workplace.
However, people who have recently graduated will find it easier to prepare for and attend classes because they are used to living a student's lifestyle, which is generally a lost concept for working professionals. Thus, whether you pursue MBA after graduation or wait a little longer and pursue MBA after work experience, both will have advantages and disadvantages in terms of your learning in the classroom.
The Clubs/Committees
Some MBA campuses are student-run, and no matter which committee you join, you will inevitably have to work in a team. This is easier for people with work experience because they have previously worked in teams and understand how to handle conflict situations. Nonetheless, it could be a great opportunity for recent college graduates to learn not only from the group but also from their peers individually.
Placements
Different companies have different placement criteria, with some preferring fresh graduates over people with experience and vice versa. Firms hiring for marketing roles prefer recent graduates, whereas firms hiring for HR prefer experienced candidates. Though there is no hard and fast rule, two years of work experience is considered ideal when it comes to placements.
The Trade-off
The right time to pursue an MBA with the help of personal tutors for MBA exam should be determined by the individual based on his or her current life situation and what he or she can gain from it. If a person gets a great job right after graduation that will help him or her skills, he or she should probably stick with it for a couple of years before diving into the sea of MBA. However, if an MBA is the best option available right after graduation, it is not a bad idea to pursue it.
MBA After a Long Work Experience
MBA is widely recognized for adding value. However, if a person has 4-5 years of work experience, the course may not be able to provide the output he/she is looking for. In this case, if you are considering pursuing an MBA after four years of experience or perhaps an MBA after five years of experience, it is best to pursue a one-year executive MBA, which is offered by many business schools. If you choose to pursue an executive MBA after 4-5 years of experience, it will add far more value than a regular two-year program. There are specialized one-year executive MBA programs in areas such as supply chain management, digital enterprise management, and others.
Bottom line
There is no hard and fast rule for when one should pursue an MBA. It is a decision that must be made based on one's circumstances and goals. Your background will have an impact, but it will be the output of those two years at a business school that will determine the value of an MBA for you. Make an informed decision!
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