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which MBA is better one with work experience or without experience?
some people say nowadays an MBA degree is of no use and better to learn on the job as MBA does not provide partial knowledge
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7 answers
Updated
Tanu’s Answer
An MBA without work experience is acceptable because it allows for a seamless continuation of your studies, which is generally easier to handle. Nowadays, numerous MBA programs include internships, so it's a good idea to pursue one of those to supplement your coursework. On the other hand, obtaining an MBA after gaining work experience can offer a more diverse learning experience, as you'll likely explore subjects that directly benefit your job and career growth. Ultimately, both options are excellent choices, as an MBA education is highly valuable in any case.
Updated
Katelyn’s Answer
When considering whether an MBA with work experience or without experience is better, it's important to evaluate several factors. An MBA with work experience allows you to bring practical knowledge and insights into the classroom, enabling you to apply theoretical concepts to real-world scenarios. This experiential learning can deepen your understanding and make the educational experience more relevant. Additionally, having work experience prior to pursuing an MBA provides you with a professional network that can be valuable for future career opportunities and collaborations. Moreover, some industries and companies place a higher value on MBAs with work experience, especially for leadership or senior management roles. However, it's crucial to note that the choice ultimately depends on your personal circumstances, career goals, and the specific program and industry requirements.
Thank you, this is really helpful.
Abhishree
Updated
Molly’s Answer
Abhishree,
This is a great question. From first hand experience, I can say that getting a MBA in general is a large step in your career profession. I firsthand received my MBA without any prior work hand experience relating to my MBA. Sometimes I wonder if it would have been different if I decided to take part in a job prior, before gaining a MBA. However, I can say that I am glad I decided to go forth and get it as many jobs I recently viewed through applying required certain degrees such as an Undergrad and even a Masters. No matter what direction you go forward in the future, just remember that it is your decision. Only you can decide what you want to do and what the next steps should be are. I personally was the one that decided I should get my Masters. Not my family members, friends, etc. It is a major decision, but either way, it will make a great impact on your life!
Thank you and I hope this helps.
This is a great question. From first hand experience, I can say that getting a MBA in general is a large step in your career profession. I firsthand received my MBA without any prior work hand experience relating to my MBA. Sometimes I wonder if it would have been different if I decided to take part in a job prior, before gaining a MBA. However, I can say that I am glad I decided to go forth and get it as many jobs I recently viewed through applying required certain degrees such as an Undergrad and even a Masters. No matter what direction you go forward in the future, just remember that it is your decision. Only you can decide what you want to do and what the next steps should be are. I personally was the one that decided I should get my Masters. Not my family members, friends, etc. It is a major decision, but either way, it will make a great impact on your life!
Thank you and I hope this helps.
Thank you!
Abhishree
Updated
Amit’s Answer
Hello Abhisree,
Deciding whether to pursue an MBA with or without work experience hinges on your unique career aspirations and circumstances. Here are some thoughts to ponder:
MBA with Work Experience:
Those with prior work experience might have a higher chance of receiving on-campus job offers.
The more seasoned you are, the more profound your interactions with professors and classmates can be.
In case studies and group discussions, those with relevant experience often have an advantage in terms of knowledge and skills.
MBA without Work Experience:
An MBA can independently bolster your resume without the need for further explanation. It's a clear testament to your general understanding of business.
Gaining comprehensive business experience without a prior qualification can be challenging, but if you land a role in business, it could be a rewarding and lucrative journey.
Concerning the worth of an MBA degree in today's job market, it's crucial to remember that an MBA degree can still hold significant value. As per a Statista report in 2021, 97 percent of the companies surveyed hired MBA graduates. The average starting salary for MBA graduates (class of 2020) is $20,000 more annually than those with an undergraduate business degree.
However, it's also worth noting that learning on the job and accumulating practical experience can be immensely beneficial and sometimes even favored by employers. In the end, the choice rests on your personal career aspirations, financial circumstances, and the specific demands of the industry you're eyeing. Best of luck! 😊
Deciding whether to pursue an MBA with or without work experience hinges on your unique career aspirations and circumstances. Here are some thoughts to ponder:
MBA with Work Experience:
Those with prior work experience might have a higher chance of receiving on-campus job offers.
The more seasoned you are, the more profound your interactions with professors and classmates can be.
In case studies and group discussions, those with relevant experience often have an advantage in terms of knowledge and skills.
MBA without Work Experience:
An MBA can independently bolster your resume without the need for further explanation. It's a clear testament to your general understanding of business.
Gaining comprehensive business experience without a prior qualification can be challenging, but if you land a role in business, it could be a rewarding and lucrative journey.
Concerning the worth of an MBA degree in today's job market, it's crucial to remember that an MBA degree can still hold significant value. As per a Statista report in 2021, 97 percent of the companies surveyed hired MBA graduates. The average starting salary for MBA graduates (class of 2020) is $20,000 more annually than those with an undergraduate business degree.
However, it's also worth noting that learning on the job and accumulating practical experience can be immensely beneficial and sometimes even favored by employers. In the end, the choice rests on your personal career aspirations, financial circumstances, and the specific demands of the industry you're eyeing. Best of luck! 😊
Updated
Ishita’s Answer
In my perspective, pursuing an MBA can significantly enhance your career prospects. However, I strongly advise gaining practical work experience of at least 2-3 years before embarking on an MBA journey. This work experience not only equips you with valuable industry knowledge but also allows you to hone your skills and gain a deeper understanding of the professional landscape.
When you enroll in an MBA program after gaining substantial work experience, you're in a better position to leverage the opportunities it offers. Networking and interactions with industry leaders during your MBA become more meaningful as you can relate your experiences to theirs, fostering a more insightful understanding of their viewpoints. This, in turn, can help you identify and pursue a career path that aligns with your interests and aspirations, ultimately leading to a more successful and fulfilling career trajectory.
When you enroll in an MBA program after gaining substantial work experience, you're in a better position to leverage the opportunities it offers. Networking and interactions with industry leaders during your MBA become more meaningful as you can relate your experiences to theirs, fostering a more insightful understanding of their viewpoints. This, in turn, can help you identify and pursue a career path that aligns with your interests and aspirations, ultimately leading to a more successful and fulfilling career trajectory.
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Jen’s Answer
Hi There - I would just add two more things to what others already said:
1) Gaining work experience first can be really valuable to validate what field you want to go into. For example if you spend a lot of time and money getting an MBA and selecting classes in a particular field and then you join that field and realize it's not right for you, the MBA might not provide the full value it otherwise could. I would suggest getting work experience to help figure out the types of things you like / dont like and ultimately that will help you figure out if you need an MBA and what you should focus on during the MBA
2) Having work experience will make you a better candidate at most schools though some schools have a 2+2 program where you apply while in college and get in but then go work for two years knowing you'll be leaving for your MBA
1) Gaining work experience first can be really valuable to validate what field you want to go into. For example if you spend a lot of time and money getting an MBA and selecting classes in a particular field and then you join that field and realize it's not right for you, the MBA might not provide the full value it otherwise could. I would suggest getting work experience to help figure out the types of things you like / dont like and ultimately that will help you figure out if you need an MBA and what you should focus on during the MBA
2) Having work experience will make you a better candidate at most schools though some schools have a 2+2 program where you apply while in college and get in but then go work for two years knowing you'll be leaving for your MBA
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Dhimant’s Answer
I strongly recommend gaining work experience after your bachelor's degree. This priceless experience will provide you with hands-on skills that will enhance your MBA application and enrich your learning throughout your MBA course. By diving into the industry, you'll grasp and apply your MBA lessons more deeply.