There are many things that are taught in MBA classes but there are some things that are not told by anyone about the MBA. I just want to point out some things that I feel are most important and should be known by every management student.
01. SUCCESSFUL MANAGERS ARE GREAT COMMUNICATORS
Yes, success comes from many factors, but the communication skills are the most prominent of all the factors. Good communication skills give many advantages to the person and most of the successful managers are invariably good communicators, whether it is with their employees or customers. Develop effective communication skills and by communication skills, I not only mean public-speaking skills, but also empathetic skills.
02. MBA IS NOT JUST ABOUT BUSINESS
An MBA graduate, should know about many things along with business, Think broadly, politics, demographics, technological developments, financial innovations, internal relations, foreign exchanges, share markets, etc. MBA is not solely meant for business and management knowledge, it must equip you with lot more knowledge of surroundings.
03. THE BIGGEST REWARDS COME TO THOSE WHO TRY SOMETHING DIFFERENT
Be daring, be different, be impractical, be anything that will assert integrity of purpose and imaginative vision against the play-it-safe, the creatures of the commonplace, the slaves of the ordinary – Cecil Beaton.
Try to be a risk seeker than a risk avoider. The person who dares to try different things and take bold risks is noticed everywhere and the biggest rewards only come to those who try something adventurous.
04. MBA IN THEORY AND PRACTICAL WAY IS DIFFERENT
Whatever concepts and theories you study in MBA become outdated in less than 2 years. In this ever-changing dynamic world, what you learn in theory have a good chance to be not useful in a practical. So lay down your focus on practical approaches rather than studying the theories which are published ages back.
05. NUMBERS SHOW RESULTS
In our digital obsessed world, nobody is interested in the plain results you show; everybody wants your results in numbers. Learn how to view everything in numbers and percentages. Percentages communicate the results in a clear and more interesting way.
06. CASE STUDIES ARE REGARDED AS HEART OF MBA
Case study teaching is more practiced in top business schools and if you are not fortunate to get the opportunity to study in one of those coveted institutions, don’t worry, you can also study many case studies using the websites like Preplounge.com. Case studies are the best way to improve your problem-solving skills and improving knowledge about practical problems faced by organizations.
07. TALK TO THE PROFESSOR AFTER CLASS
Many students ignore professors after completion of the class. But a good relationship with the professors outside the class has many benefits. Professors are experts in their subjects and they have so much peer and industry network, they can help you to connect with many experts and industry professionals.
08. POPULARITY MATTERS
A popular person enjoys more favors from the people. Try to be popular in your college or university and focus on making good friends. Good friendships can lift you higher and help you in need. Try to organize some events, take the responsibility of projects to get popular in your group.
09. STEP OUTSIDE YOUR COMFORT ZONE
Try learning new things and increase your skill set by jumping out of your comfort zone. For example, if your specialization is marketing, don’t be in a comfort zone by learning only marketing concepts, besides, try to learn finance subjects also from your peers or by online courses. Remember, the skills learned do not go in vain.