MBA Grads going for Jobs in Non-Traditional Sectors
There is no doubt that MBA is the best way to learn leadership skills, managing & handling firm and getting into a higher level in the respective field. Generally, people considered taking up MBA courses when they are into finance, consulting and general management. In traditional world, MBA was purely believed to be into business. It was believed that knowledge and skill that is gained from learning in MBA can be implied on business to make it run smoothly. However, skills learned from MBA can also be used in different fields for the development of the same.
There is an emerging trend in market of non-traditional MBA careers which is now considered as important in market. Aspiring MBA candidates too consider the same thing as this gives them a new dimension in the career to go ahead. There are many new MBA specializations have been introduced by universities and institutes for full time and part time. Skills that employers required require varies across region, city and industry.
Non-Traditional MBA- An Alternative Path:
There are alternative paths that can be taken like social enterprise and NGO that can be profitable and social goals. In fact, in overseas too, non-traditional sector have taken a new route by aspiring MBA people to get the best result in future. As per, Columbia Business School’s 2010 Employment report presents that in 2010, 7% of alumni were working in non-profit sector and Harvard Business School’s class of 2010 shows 6% of class employed MBA degree holder in NGO.
Strong demand for MBA graduates in non-traditional sectors:
Presently, there is a strong demand for MBAs in non-traditional sectors. There are different departments like public administration, healthcare and education. This has helped the sector to think in different way. For example- in education sector there has been substantial growth in demand across board for forecasting and business intelligence.
Though MBA graduates may get jobs in non-traditional sectors, but the salary won’t be rewarding as compared to other field initially.
Need of Skilled Leaders:
No doubt, an aspiring MBA student will be trained in terms of leadership, how to run a business and bring on the profit for a company. As traditional companies always scout for employees with MBA degree and carry leadership quality, the same goes with non-traditional sector. Apart from leadership quality, other skills like accountancy and marketing skills are also essential for any non-traditional sector. There is a huge requirement of skilled leaders in non-traditional sector.
Furthermore, students with MBA leadership and business skills eventually set up social business like NGO and other non-traditional business. MBA helps in building key skills relevant to the entrepreneur as well as resource to develop and refine business in a better prospect. To make it better, colleges also offer funding to entrepreneurs to set up business and pursue career in social entrepreneurship.
MBA Graduates Understanding Importance of Corporate Social Responsibility (CSR):
Both full-time and distance MBA programs are well-versed with strategies that can helps in attracting customers and secure goodwill. To get goodwill of your company, it is highly important to have a strategic corporate social responsibility and thus enhancing your social image. In honour of seeking goodwill, MBA aspirants will go through different programs such as blood donation drives, education and awareness drives.
Career in Education and Health:
Health and education sector is growing dramatically and is going continuously growing upwards. Moreover, opportunities in this sector are also growing according to the potential of MBA applicants. Gaining experience in this sector can help MBA graduates to get the best practice in functional area of this valuable market.
Different non-traditional career to choose:
Along with NGO and social service career, MBA graduates can also choose other non-traditional career prospects like sports and music. MBA graduates can go for sports where they can learn on scheduling the matches, application of technology for uninterrupted telecast etc. All these vital skills will learn while you are pursing MBA either full time or part time.
More Non-Traditional Courses:
There is a perception in mind of people that seeking non-traditional career wouldn’t allow them to pursue MBA course, which is entirely wrong. The truth is many international universities and even Indian universities and institutes are offering non-traditional courses that can be taken up by students.
These courses are designed to give students in-depth understanding regarding the field and how on can carry it forward. However, it also depends on how you manage yourself in the growing competition in field. The best part of getting into non-traditional MBA career is you won’t be counted into typical MBA aspirant or traditional career oriented. Whether you are already into traditional field or want to change the way, it depends on you take your career ahead.
Before getting into non-traditional career, understand the field and the current trend that the field is facing in market. There are varied changes that keep happening in this sector of which you need to keep tab and accordingly take steps to go ahead. There are advantage and disadvantages, depending how you approach it and work towards making career in it.
Author Bio: Shipra Sinha works for Shiksha.com (India). She is passionate about creating content for the digital media. Loves to travel and reading. Follow her on Google+