Why an MBA?

Read this in Raja's blog today. An interesting reason for the need to do an MBA?
a)The compelling reason for most is a promotion into a managerial role. For instance, at the ISB, there are many IT professionals, who had been doing extremely well in their technical jobs. These people also have great soft skills. They would like to move up the ladder into middle and senior management. ISB intends to produce future leaders. So the MBAs would move up to head major corporations one day. To do that, one needs to know concepts of general management, which an MBA program teaches.

b)An MBA also gives us a great network of batchmates and alumni. For some, MBA is the vehicle of choice for a career shift. For example, an MBA helps an Army officer or a marine engineer to enter the corporate world for a desk job. In many careers, an MBA is a rite of passage. Investment banks typically expect their Analysts to get an MBA before promoting them as Associates.

c) Of course, higher salary is also a good reason to do an MBA. Many people double their salaries after this one-year MBA.