What should you know about earning a second MBA degree?

Master of Business Administration, is a very demanding postgraduate curriculum in India and around the world. This management degree serves as a springboard to a myriad of jobs in the corporate sector. Over the previous two decades, the MBA program has grown in popularity in India.

All managerial level jobs across all domains and sectors want an MBA degree, which is why a big number of graduates now pursue an MBA as a career after graduation.

Best online MBA coursesA full-time MBA program normally lasts two years, while several expedited full-time MBA programs last only one year.

This style of fast-paced MBA is prevalent, particularly at non-US business institutions.

The length of part-time and executive MBA programs varies according to how many credits a student enrolls in each academic semester or quarter. Both executive and part-time MBA programs are designed for working individuals who want to continue their education while working full-time.

In India, getting a second MBA is fairly prevalent and a huge chunk of students pursue it as a career after graduation. Experts suggest that when it comes time to hunt for that promotion, industry leap, or new professional adventure, the first MBA may be lacking in postgraduate benefits such as a strong alumni network or brand recognition.

If someone meets this requirement and wants to work for Google in Europe, they will certainly have a more difficult time than someone who graduated from an internationally renowned program.

When do some people want to pursue a second MBA course?

MBA schools in some countries, like India, accept a large number of applicants directly out of college.

When you enter an MBA program with next to no professional experience, you are more likely to succumb to society’s expectations to land the ‘most prestigious’ job on campus, which is often sifted solely through compensation packages and brand names, rather than what you prefer or what fits your strengths and limitations. Eventually, with time people realize that this is not the right job for them.

  • Some career paths are harmed as a result of a poor employment market, being laid off, a failing business venture, or poor professional choices.
  • There are applicants, particularly from less prestigious MBA programs, who do not have the opportunity to recruit for the top organizations and must settle for whatever remuneration they can receive.
  • Some people want to settle elsewhere and their previous degree is not valid.

When it comes to accepting applicants with an MBA, top business schools have various policies. As a result, before beginning the application process, research the admission policies for second MBA programs at your preferred business schools.

Admission policies at business schools are continually being revised. As a result, before considering a second MBA, establish contact with the admissions office of your preferred business school. All B-Schools do not accept candidates who already have one MBA degree. There are some that accept candidates conditionally and some who accept students despite their having an MBA previously.

When you understand whether your desired business school would approve your application for a second MBA, the second phase is to reflect and determine whether a second MBA is a good fit for your professional goals. In case you lack time for a full-time degree, there are some of the best online MBA courses available on the internet and give you plenty of specializations to choose from.

One must delve deeper and explain why the first MBA did not provide them with the qualifications, abilities, or exposure they required for their professional objective.

In the application, it’s critical to explain why one needs the second degree, especially in the descriptive questions. Essay submissions should also include the short-term and long-term goals, as well as what one aspires to learn from the program.

Conclusion

The best online MBA courses will give you a clearer picture of the wants and needs of the corporate sector. MBA online courses help you juggle between your job and academics and might be a very good option for aspiring candidates.

2021: The Year of Upskilling With Online MBA Courses Across FinTech and Investment Banking Sector

Introduction

In this economic crisis, there is a steep decline in the hiring of MBA graduates across the domains. For most students, this economic crisis is the time to pause their career growth and utilize this time to upskill themselves. The majority of the online business schools expect an increase in demand for online MBA courses in the year 2021.

The vaccination drives across the globe have raised the hopes for the return of campus teaching, but it would be too early to say when the same will be restored. Of course, the learning is faster with networking amongst peers and faculty, but till the pandemic situation gets back to normal, online education is the only way forward.

best online MBA coursesNot only for students but, for working professionals as well, it is the right time to upskill themselves and opt for the best online MBA courses along with their ongoing jobs.

 What is FinTech?

FinTech is the integration of finance and innovative technology that ensures efficient financial services to the customers. The continuously evolving world of financial technologies has changed the way businesses are modeled by various financial institutions.

To provide error-free services to the customers most of the companies are migrating to adapt the digital tools such as AI, cloud computing, data analytics, blockchain, etc. This advancement has rekindled the desire to opt for lucrative career prospects associated with financial services, of which FinTech is right at the top.

 MBA in Fintech

To cater to the increasing demand for talent and education in the finance world, MBAs in fintech is becoming the popular choice of students. An MBA in Fintech will enable students to have an in-depth understanding of cutting-edge technology and its application in the banking and financial sector.

The online MBA courses will enable students to strategize and develop the innovative model to use the appropriate tools at the right place.

This will help to build high-quality commerce products and leverage future trends in fintech. Students who will equip themselves with an understanding of the concepts such as Algorithm Trading, Robo-Advisory, Peer Peer Lending, Insure Tech, etc. will have an upper edge in fintech ventures.

The online MBA courses that include innovative techniques such as blockchain, digital advisory, and trading systems, design thinking artificial intelligence and machine learning, peer-to-peer lending, equity crowdfunding, and mobile payment systems, etc. which are the core of FinTech should be the key choice of the students.

What is Investment Banking?

The underlying difference between a normal bank and the investment bank is the customers. Any general bank serves the public, whereas the investment bank serves the corporations and enterprises. Investment banks advise corporations and governments in their stocks and bonds, mergers, and acquisition matters to raise the required capital and maximize profit.

Investment banking at a global level is growing after the recent financial crisis and getting back to normalcy, in terms of profitability.

 Investment bankers hold prominent positions in many financial institutions across the globe. The investment banker’s key role is to identify the finance-related risk with business operations in order to save time and money for the organizations. Besides the obvious accounting and financial skills, an investment banker should possess soft skills such as effective communication and seamless movement across the industry.

 MBA in Investment Banking

best investment banking courses with placement in IndiaTo pursue a career in investment banking in the recent recession, an online MBA in investment banking is the preferred choice of students and working professionals. MBA graduates from well-recognized institutions have an upper edge when it comes to hiring in investment banks.

It is very important to check the richness of the finance curriculum along with other courses of the college when looking at MBA.

While studying a finance curriculum students should take other courses such as marketing, human resources, and technology into consideration. It is always better to research the placements of the college before enrolling yourself in the course.