Value of an MBA degree
There
has been much debate about the value of an MBA degree in recent times. Globally,
MBA programs have come under intense scrutiny with business schools around the
world trying to adapt their courses to the ever changing ‘new-normal’ of
business. However, in the midst of this changing paradigm, there are certain
foundations that form the basis of the success of an MBA program. These key
foundations are invaluable in the training of successful managers and leaders.
Firstly,
an MBA program should equip future managers with a strong conceptual base about
the fundamental ways in which business works. A normative understanding of
cross functional disciplines like Marketing, Finance, Operations, Technology,
etc.
