This is a question that can make it or break it for you. It is the most common question, which will be asked almost 100% of the time in one form or the other.
What the interviewer actually wants to ask here is “Why an MBA is a crucial step for you, in order to achieve your career goals?” The above sentence really made it a little easy for you to answer the question, didn’t it? From now on, that’s how you should interpret this question.
The interviewer here wants to know the following three attributes about you:
- Your short term goal
- Your long term goal
- Clarity of thought and logic
Point no 3 holds maximum weight-age.
Now, how do you answer such a crucial question?
Be assured that any answer you give will be cliched and nothing that your interviewer hasn’t heard before. So you know what I say, “Don’t go for unique. Go for smart and convincing.”
So what is smart and convincing?
Most of the time, it’s the “Truth”. Most of you already know what is happening in the world around you and where would doing an MBA take you say after 10 years? I would like to suggest you have an introspective view of yourself, your profile, your goals and ambitions, likes and dislikes. This would play a major role in helping you come up with the most suitable answer.
But hey, don’t worry if that leads to nowhere because most of the MBA aspirants (not all) wants to do MBA because they feel that MBA combines the technical aspect of their job-field/academics/interests with its functional aspect leading to better job opportunities and obviously higher salaries.
Although that is the basic idea that you want to convey, you cannot actually say that to the interviewer. Your answer cannot reflect at all that the sole aim of your doing MBA is to get a job with a fat pay packet.
Unfortunately I do not have the answer for you. What I do have is a set of points that might just remind you why you wanted to do an MBA in the first place. The answer will have to be your own. I can only give example.
With MBA, you can :
Advance Your Career: Whether you’re a doctor, a CA, an engineer, or an editor for your local newspaper, a business degree will help you advance into managerial positions sooner. You have a very good leadership quality; you were your school captain;you were the team lead at work etc. You always wanted to be a leader. MBA will make sure you lead.
Change Your Career: If your current career path is a less than perfect fit for your aptitudes and interests, an MBA can give you the opportunity to explore your options, and provide you with the training you need to change careers entirely. You have a very good convincing power, why not change your career to Marketing, instead of being a software engineer? You have a thing for numbers and data analysis, why not change your career to Finance, instead of being a CAD designer?
Set-up Your Own Business: An MBA can prepare you to do everything from writing a business plan to acquiring venture capital to launching an IPO and all the necessary expertise to launch a start-up in a high-growth industry! Research has shown that the failure rate for small businesses started by an MBA is about 50 percent less than the standard failure rate. An MBA will make sure that you thrive in the economy and continue to have the power to hire and fire as in your family business.
Develop Technical Skill & Business Knowledge: An MBA program will put you on the fast-track to career advancement by offering you the chance to develop a wide range of general business knowledge and a broad base of technical skill in a relatively short period of time.
Become a Leader in an Emerging Field: MBA can lead to an exciting career in a newly emerging field, such as brand management, e-commerce, mobile telecommunications, social media advertising, healthcare management, agricultural management, foreign trade, rural management, etc.
The following example does answer the question I talked about in the beginning of this article and is also inspired from some other points that I have mentioned in the article:
My current job profile majorly involves communicating with client, understanding their business requirements and analyzing the problems, opportunities, and risks involved to come up with a solution. While doing so, I have always felt the need to understand the business part better in order to come up with robust solutions. One way to learn them is to spend years in a company and other way is to learn them through an unparalleled degree course like MBA. I chose the later as it provides the combined benefit of both plus tremendous theoretical, analytic and inter-personal skills that would make me an impeccable resource in this highly competitive industry. In short, better career growth. In due course of time, I want to see myself setting up my own firm as I see a lot of potential in the various emerging technologies like eCommerce, social media advertising etc. MBA will equip me with the necessary skills and maturity that I lack now, in order to reach there.
Freshers will need to elaborate more on their interests and goals.
This is just an example guys. This article was supposed to ring a bell in there somewhere, so that you come up with your own answer. Just be convincing.
All the Best!!!
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