Can I Do A Masters In Finance And An Mba Decisions to Be Taken for Any MBA Aspirant

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Decisions to Be Taken for Any MBA Aspirant

You would have heard people say that MBA is really tough going. The fact of the matter is that the going is not only tough when you are in the institute but also when you are thinking to take admissions in the MBA institute. There are many dilemmas in the life of an MBA aspirant that need to be ridden over for finally making a plan to sit and study for clearing the MBA exams for taking MBA admissions in top institutes.

Let us examine what are all these issues or dilemmas.

Dilemma no 1: MBA Now or After gaining some experience

What is the exact time when the jump shall be taken for MBA admissions? There are two schools of thought in this regard. Some would suggest taking up the quest for top MBA colleges immediately after you complete the graduation. The most important reason that they advance for this is that the studies shall be completed all in one go. They are of the opinion (and they are not wrong in holding this opinion) that once there is an appreciable gap the stamina and the energy for studies does not carry on. Further, if one is engulfed in the thoughts of making money, the mind does not work in studies. These are the most practical pieces of suggestion that are advanced for jumping straight in the MBA institute after completing the graduation.

The other side opinion is that the relevant job experience is going to count and this factor goes in your favour while seeking the MBA admissions. Further, some of the top MBA colleges of foreign countries do require a relevant job experience prior to undertaking admissions in MBA there.

The solution to this dilemma lies in greater introspection and evaluation of the different criteria or factors which are relevant for you.

Dilemma No 2: Which institute to prepare for?

Shall I prepare only for the first rated institutes or shall I go for the second rated ones as well? To be on the safe side, the forms are filled for both of them. You never know what you are good for- this is the common logic advanced. And, this is not wrong. People need jobs. There are a number of institutes which offer Masters in Finance, so there is a good opportunity to opt for something rather than nothing. Degree holds importance and therefore, the aspirants wish to cash on it, if not now then at some time in future. So, it boils down to taking the degree for most of them and therefore, there is a dilution in the choice of the MBA institute.

These are two of the most common dilemmas that are faced by most of the students while they are thinking to go for the MBA. The solutions have to be found on the basis of their financial condition (since doing MBA is expensive), their aptitude, their determination and grit, the number of hours of dedicate study they can give and whether they really need it in the foreseeable future. Most of the students take MBA more as a security which can be en chased at later date even while they do not find it useful in the foreseeable future.

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