In case you are thinking if it is better to pursue an MBA/PGDM immediately after graduation or should you work for some years before going for it, you must go through the below article.
Every aspiring business graduate faces a quandary before they sign up for an MBA/PGDM Program- ‘should I go for work experience or MBA/PGDM first’? Many top-notch business schools accept students without prior work experience, but professional experts agree that a year or two of field experience in the pertinent sector can sometimes set you apart from the others.
Reasons to Pursue an MBA/PGDM before gaining work experience
For a good start:
If you do not have any relevant work experience but get a placed after your MBA/PGDM, you will land in an entry-level or a mid-level position. This will impact your salary too. However, some graduates from a good PGDM college are okay with the idea of working their way up. It’s more of a personal choice whether you want to learn on the job or want to gain some hands-on knowledge.
For a better and more practical approach:
People who spend a year or two gathering work experience gain more direction when they are pursuing their MBA/PGDM since they have closely observed and experienced the demands of the corporate workspace. However, by learning from the experts about the business programs in the B-school curriculum you can get a better approach.
It helps in saving time:
Many students have to take a gap year or two to work so that they can easily accumulate funds for their business degrees and for them it is not about choice. But by pursuing the MBA/PGDM course first, you can land your dream job first and easily get rid of your education loan burden within a few years.
If you are not working part-time:
Though some students take up part-time jobs while studying, most of the students want to take the time to easily focus wholly on their MBA programs from a renowned MBA college/b-school . So, if you plan to not work for the next two years, getting a head start on pursuing the course is a good decision.
Advantages of pursuing an MBA after gaining work experience
When it comes to your career, experience matters. Whether you are applying for a job or graduate education. Work experience before an MBA offers the student a platform to build on during their studies.
More clarity:
You can get a clear approach about what you want regarding a particular specialization. After you have set a defined career goal, you can easily apply for an MBA/PGDM program of your choice.
More practical experience: Those with few years of work experience is more likely to have a grab on the management principles that are taught in the classroom and will provide more sensible examples.
Soft skills:
Being a part of the corporate world, you can acquire soft skills as it matters a lot. These comprise things like interpersonal and communication skills. Work environments opens up different opportunities to enhance different skills.
Final Thoughts
MBA/PGDM will provide you with a base and you will require a lot of practical experience. Since some institutions and colleges demand work experience,it is sometimes better to understand your career goals before enrolling for an MBA/PGDM program.
A top-notch PGDM college like IMT Nagpur will provide you the best approach toward a fruitful career. The programs are delivered with a industry focused curricular structure. It offers required knowledge as well as skill training to the students pursuing the PGDM Program.
With the different factors mentioned, you can choose what suits you the most. Keeping such points in mind you can make an informed decision.