There are millions of students earning an MBA each year from top institutions of different countries. The number has significantly risen over the past few years. Why is this sudden trend? Why are more and more people choosing to earn a degree of MBA? What does an MBA degree give you? Why should you even earn one? These are the big questions of the present students willing to go into a B-school. To get the answers to these troubling questions, we need to first understand what an MBA is.

What is an MBA?

The word MBA is abbreviated form of Master of Business Administration. It is a post graduate program, mainly for professionals, which generally needs a student to pass an exam to pursue. For many people an MBA is just a key to higher figure salaries. For others, an MBA means a password to corporate world.

But that is not its true nature. To put it correctly, an MBA is simply a course wherein pupils are taught how a business runs. They are taught what types of crisis are there and how to face and solve them. An MBA in a good B-school (business school; the institution where an MBA is awarded) is mainly about economics, mathematics and psychology (which is important for customer-understanding).

What do people get?

There are many advantages to earn an MBA degree, and undoubtedly one of the most significant of them is high salary. It is generally true that earning an MBA does equip you with greater probability of a good secure job. But there are many other advantages too such as

The right attitude (teaches what a positive attitude is and how to employ it successfully)

Leadership & Visionary abilities (a leader is just a person with the right vision, which an MBA may provide you)

Increased ability to face challenges rightly (teaches you to face a challenge & solve it)

Career change (MBA equips you with a career change option and takes you to higher rung of the corporate ladder)

Who should do for it?

Go for an MBA only if you think that you can already do it, because an MBA, on its own, is nothing but a certificate. It is you who has to apply what you have learnt, it is you who have to transform the case studies taught at B-school to the real world crisis and it is also you who have to lead the future corporate world. So if you feel you are up to the challenge of seeing, reading, understanding, learning and applying and get a handsome reward for all that at the end of the month, you should definitely try to earn an MBA degree and back you go to school. But if you are only in this for mere money, you should probably consider it again.