Executive Education

Why You Should Prioritize Work Experience Before MBA: 5 Points That You Should Remember

Arizona State University

Growth opportunities are plenty in today’s business scenario. Whether you are a salaried professional or an aspiring entrepreneur, you have the chance to go one step further; to grow your business even more. Having an MBA is the tool you need for this job.

But gaining admission into a prestigious MBA institution is not as easy as people think it to be. For starters, the sheer number of aspirants makes it difficult to beat the competition. And even if you do manage to do that, there is still the grilling interview round.

This is why you should always go for having some work experience before you appear for an MBA college. In this article, I will tell you about some excellent reasons to pursue this course of action, so read on.

  1. Add some weight to your CV
    Having worked a job for a few years does not only give you financial independence but also impart a certain amount of maturity. Your interviewers would not see you as another fresh out of college student but rather as a person who has a direction and a sense of purpose in his life.

    One of the main questions they ask you in the interview is your motivation for seeking admission to the course. You will have a better response than ‘a lucrative salary’. People aiming to further their own businesses or careers are generally more successful in these interviews.

    You don’t have sufficient time to establish yourself in an interview; try to leave a good first impression.

  1. Clarity about specialization
    Having worked for a few years in an industry, you stand to gain knowledge about the workings of that particular field. That way, you are better suited to decide the trait that you want to specialize in.

    Spending a hefty amount to complete your MBA and then getting stuck in the wrong line will be a major blow to your decision-making skills and future career prospects. Nobody wants to go to a job that they don’t have their heart in. Choose wisely!

  1. Fund your own course
    Taking a loan from a bank or any financial institution is a great way to bear the burden of the course on your shoulders. But by having worked a few years, you might be able to save some amount of money to make the repayment of this loan easier. Depending on your job, even your company might back you financially.

    Either way, by putting in some of your money, you will not be looking at a huge repayment amount at the end of your session. See! Taking smart decisions from the start has its benefits. The less you borrow, the less the interest that you will accrue and the less the amount that stands due.

  1. Gaining preference over other aspirants
    One of the first things that they do when you sit for an interview is to take a look at your CV. It is an advantage to have some years of work experience to back up your claim to the seat. The simple logic is that an MBA would be far more beneficial and efficient in boosting someone who has had some experience in the field.

    Even after finishing your degree and sitting for placements, the recruiters would be far more interested in a candidate who is already familiar with the functioning of the industry. The world is highly competitive, and you must grab on to anything that gives you an edge.

  1. Make the most of placement options
    An MBA is not only about the length of the course. Neither it is solely about getting admission. For the most part of it, it is about preparing for the time after completion. When the companies begin to walk through the doors, you want to be in the spotlight. You want to offer them something that the others cannot.

To maximize your chances of bagging a good salary package, you have to have work experience. As I have told you above, that way, you won’t be entering an all-new world but rather returning to a place that you have already spent some time in.

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Mindy Wright

Mindy Wright

Deputy Commissioning Editor
Mindy Wright is CEOWORLD magazine's Deputy Commissioning Editor, and leads global newsroom coverage and management. She oversees and coordinates coverage of the news and ideas in partnership with writers across the continent. She has reported from more than 15 countries across Asia, Europe, Africa and the Americas. She has advised CEOs, investors, boards, and high-profile industry leaders on a wide range of issues impacting the global business landscape. She can be reached on email mindy-wright@ceoworld.biz. You can follow her on Twitter at @ceoworld.