Pursuing_an_Mba_Degree_to_Start_a_New_Career

I decided to pursue an MBA degree just simply due to the reason that currently I am jobless. But, why did I decide an MBA' After going through a period of rejection and boredom, I had been looking for a glorious career and nothing other than MBA could have given me the fresh start that I needed. An MBA degree has an enormous reputation and it is widely recognized all over the world as one of the best degrees sought by the graduate students. The importance of an MBA degree cannot be denied as “an MBA degree provides you with innumerable career opportunities in various fields. It is especially beneficial to get jobs in high-level positions such as managerial and executive level jobs” (U.N.H.M.B.A., 2010). Furthermore, an MBA degree not only provides you with better job prospects but one of the main reasons to pursue an MBA is that it also increases your salary potential. When I think about doing MBA, my background certainly comes to the forefront. Since I have a degree in English literature, I believe I can use my communication skills to enhance my degree experience. Also, my MS degree in E-commerce can be of great help in making me more competent that will help me stand out. After coming to USA, I always wanted to get an MBA Graduate degree that will help reach my personal education goal and in my job career move but somehow situation and demand turned me towards computer. Now that I have come across this MBA program in University of Phoenix, it is evident that it is the right time to decide and pursue the MBA Program with a concentration in health care management to reach my personal goal. Health care has been a burning issue this last decade. Every health organization seems to be having some management and administrative issues in this financial downtime in the history of the USA. Professionals from various fields are trying to cash in the opportunity, be it an insurance company, a drug company or the government itself. The healthcare track for MBAs has never been in such a demand— until now. Healthcare organizations typically look for clinical experience before business acumen, says Baldwin. This year, though, business acumen is a lot more front and center, with healthcare firms desperate to manage rising costs. “They are just now realizing how much they need business people running [their] organizations as opposed to clinicians,” Baldwin says. That leaves the industry facing a huge hiring opportunity — recruiters and university administrators report that a much larger pool of MBAs are pursuing careers in healthcare services, biotech firms, and pharmaceutical companies. Graduate management programs participating in the 2009 GMAC®survey received nearly 230,000 completed applications from approximately 75,000 candidates. According to GMAC survey, “One-year full-time MBA programs reported the strongest application volume. Nearly 7 in 10 such programs(69%) indicated growth in the number of applications received over last year. The average number of applications per program increased by 21 percent. Flexible MBA programs continued to attract more applications—two-thirds of such programs surveyed (66%) reported an increase in application volume; the average participating program received 14 percent more applications than in 2008” (Graduate Management Admission Council, 2009). Although the Jungian personality self-assessment is designed to help an individual understand his or her personality through one of the 16 personality types, yet there is no such measurement that is considered perfect as human behavior keeps evolving and changing. Considering my Jungian 16 type Personality – ENTJ: I am “outgoing, visionary, argumentative, have a low tolerance for incompetence, and often seen as a natural leader with a possible career as a manager, management trainer, stockbroker, lawyer, engineer, police officer” (Pearson Prentice Hall). This personality test can be a good tool for me to understand what I am and how people see me. But the assessment is true only to a certain extent and it provides only a fragment of my complete personality. In conclusion I would like to state that “Today, MBA is first choice of students after completing their graduation. It is popular not only in fresh graduates, but students from other disciplines like engineering or MCA are also pursuing MBA after completing their main stream. It is a valuable degree that takes you straight to the high level positions in Business world” (Kapoor, 2010). I am expecting to acquire leadership and management skills from my MBA. MBA will also provide me with a great lifetime opportunity to build a great network with people and alumni who you work with and thus will enhance my life and career. References: U.N.H.M.B.A (2010). The Value Of An MBA. Retrieved from http://www.unhmba.org/the-value-of-an-mba.html Myser, M. (2010). The Healthcare MBA: One Fast Track in a Slow Economy. Retrieved from http://www.bnet.com/2403-13070_23-266849.html Kapoor, K. (2010). Five Reasons Why You Should Pursue an MBA. Ezine Articles. Retrieved from http://ezinearticles.com/'Five-Reasons-Why-You-Should-Pursue-an-MBA&id=2549965 Graduate Management Admission Council. (2009). Application Survey Report. Retrieved from http://www.gmac.com/NR/rdonlyres/32D2B92A-776F-4DFA-9903-C251B1B7862D/0/2009AT_SR_Web.pdf