How does an employer benefit from MBAs? Though the tech industry was never a primary focus for MBAs, with most graduates gravitating toward consulting and finance, tech corporations have been solidifying their place among the top MBA recruiters for some time, especially since the epidemic.
Therefore, the answer is an unmistakable 'yes.' An MBA enables a candidate to investigate a range of tech employment paths, ranging from large corporations to Silicon Valley start-ups.
Obtaining an MBA can assist a person in getting a better job in the future. Employers look for the following few skills in MBA graduates:
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The ability to collaborate with a diverse group of people.
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Time management and prioritisation skills.
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Understanding the influence of digital technology on organisations.
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Ability to create, maintain, and extend a social network.
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The ability to solve difficult situations.
Interpersonal abilities are a primary reason for recruiting MBAs by 79% of recruiters. During their MBA programmes, MBA students participate in various networking events, group projects, and realistic work simulations. Here are some reasons why tech organisations are becoming increasingly interested in MBA grads.
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The pandemic accelerated the advancement of technology.
The technology business has been steadily improving, but the Coronavirus epidemic has greatly expedited its growth. Much of our daily lives shifted online in March 2020, and internet businesses viewed this as an opportunity. Because technology is incorporated into the MBA curriculum, MBA students graduate with an abundance of tech-specific skills and an understanding of technology's vast potential in shaping business.
MBA programs have introduced technology-related skills into the curriculum to help students prepare for this change. The program at HEC Paris, according to the Financial Times, begins with an introductory course in data science. Students must also finish core statistics and business analytics classes and a digital innovation specialisation.
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What is it about MBAs that makes them so enticing to tech companies?
Although technical abilities such as coding are in high demand in digital organisations, it is always a good idea to concentrate on building people management skills. As it turns out, the tech industry places a premium on business school skills.
Furthermore, learning, motivation and leadership, strategy and innovation, interpersonal skills, and decision-making processes are among the top five most desired abilities for MBA graduates in the technology industry, according to the GMAC Corporate Recruiters survey.
The tech business benefits from people with MBAs!
MBAs have diverse talents when they graduate, which the tech industry recognises. They are a good fit for any tech firm, with marketing, data analysis, and finance training. They have the potential to push new boundaries as future leaders.
Without a doubt, we are amid a technology revolution, and many IT companies may expect huge things provided they invest in strong leadership.
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By the time they graduate, MBA students will have diverse abilities. In addition to being skilled managers, they have training in marketing, finance, data analysis, and strategic planning. They are a fantastic fit for the quick pace of a tech organisation because of this.