MBA is a course that helps students develop management skills and knowledge to be a leader in a dynamic world. The course helps Individuals to manage the team as well as manage their work. It fosters self-awareness among individuals, enhancing one’s behaviors, skills, and attitudes. The process of this immersive journey builds various skills and behaviors that make a person an efficient leader in the long run. We discuss a few learning experiences that an MBA graduate acquires during the academic journey.
Hands-on experience- The MBA degree allows students to learn theory and apply it in projects, events, and other activities. This learning helps the students to build practical experiences and implement their knowledge in real-life situations. These experiences build confidence in individuals, and such experiences also lay the foundation for individuals to develop leadership skills and become efficient leaders in their professional lives.
Teamwork– Teamwork is of utmost importance for any leader to lead to accomplishing organizational objectives with the active participation of team members. The degree of MBA puts the students in different situations where they have to work with each other to complete projects, events, and assignments. The would-be leaders and team members find themselves building communication skills, fostering emotional intelligence, and working collaboratively to solve issues through this course.
Effective Communication- Practical projects and team collaboration fosters communication pathways between individuals. Formal, as well as informal communication creates better bonding and relationships. Effective communication is essential to lead and managing the team in crisis and everyday situations. An MBA degree’s course curriculum and activities help develop soft skills. These soft skills are useful while working in a professional space. The strategy stimulation and its dispersion in the team are useful for leaders to effectively lead the team and increase the efficiency of the work. The MBA degree involves experiential learning, which includes outing activities through outdoor education. Such activities help in building soft skills effectively and efficiently. Such activities foster productive learning that, in turn, encourage student participation. The increased encouragement leads students to get involved in real-life social and natural environments and face challenges.
Strategy Creation- The MBA degree is known for management which is needed for strategy creation. Strategy creation requires the management of ideas, planning, and scheduling. Leaders need strategy creation as a core leadership skill to manage a team and carry out the work of any organization.
The capability to maximize performance- A strong and efficientleader can identify the strengths and weaknesses of their team members. The MBA degree helps individuals to be self-aware of their strengths and weaknesses. The account of this awareness helps people to bring out their best performance. The course of MBA helps leaders to bring out their best performance as well as help their team members. Such development of leaders is useful in empowering their team members and subordinates. Individuals pursuing an MBA can become great leaders and increase their job satisfaction and engagement level of themselves and their team members when they work in the professional workspace. Such effective leaders help in reducing employee turnover in the organizations they work for in the future.
Finally, it can be said that MBA not only helps in managing businesses, institutions, and organizations but also helps in managing oneself and, as a leader managing his or her team. The practical experience gained by the degree can foster an individual to become a leader and sustain in the dynamic world through his or her leadership skills. Apart from professional life, some of the qualities and behaviors developed while doing this course can also help individuals grow in their personal lives.
Written By : Dr. Gobinda Roy
Designation :- Assistant Professor – Marketing,
Chairperson – Social Media, Branding and Website
Dr. Roy has obtained his Ph.D./MBA from VGSOM, IIT Kharagpur and completed his B.E. in Electronics and Telecom from Jadavpur University. He has over 16 years of experience in industry, research, and teaching. Before joining IMI Kolkata, he has conducted MDP and FDP in OP Jindal University, JSPL, and JPL Raigarh and delivered guest lectures in VGSOM (IIT Kharagpur), IIFT Kolkata. He has published several scholarly articles in leading international journals such as Journal of Internet Commerce, Journal of Marketing communication, Global Business Review, etc.