What is the best age to do an MBA?
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Deciding on the right age and prior work experience for an MBA worries many B-school applicants, while age is one of many factors taken into account by admissions committees the general message seems to be: Dont procrastinate! There will generally be two broad groups who aim at an MBA. One being the fresher (i.e., fresh grads without any work experience) and the other being the working group of people Let us first examine what a fresh graduate’s approach towards MBA should be. They fall into 2 categories:
- First, these are people who in general have developed interest in finance, accounting etc in different points in their graduation due to some of the elective courses which have generated special interest towards a particular stream. They also feel to develop a holistic view of the industry before getting into industry.
- The second categories are the ones who find it difficult to get a job due to various reasons with their present skill set. So they have no other option but to pursue an MBA with an extra interest towards the course.
- The first group consists of people, who like their sector, but there’s a glass ceiling and they think they will hit it in two or three years.
- The second group believes that though the industry is now in a good shape but changes in coming years would make things difficult for an employee. Example could be loss of jobs due to automation or the current trend of Artificial intelligence which many perceive would take away the jobs of millions
- The third, and biggest, group is the “deep career switchers”. These are people who want to change function, sector, and geography of his /her work.