Is an MBA still valuable to students today? Malaysian industry experts weigh in | Malay Mail

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KUALA LUMPUR, December 24 — In today’s business world, it’s no longer hard to find an MBA (Master of Business Administration) graduate. There are arguably tens of renowned institutions in Malaysia offering such programmes and promising to shape the best and brightest students to become future...

Tuesday, 24 Dec 2019 04:57 PM MYTLast year, 77 per cent of companies globally hired MBA holders. — Picture from Pexels.comThere are arguably tens of renowned institutions in Malaysia offering such programmes and promising to shape the best and brightest students to become future corporate leaders.

Teledirect Telecommerce chief human resources officer Lim Chee Gay agreed that an MBA, especially an international one such as a UK master’s degree, would build a solid foundation both in terms of knowledge and exposure to different challenges and solutions. Among the skills Lee pointed out were leadership and people management, networking, crisis management, financial management and reporting.

“Typically, those applicants with a master’s degree or MBA will be hired with one to two grades higher than degree holders. According to Lee, the population of university degree holders is on the rise and more professionals are going after post-graduate programmes like the MBA or other master’s degrees to stand out.

“People who are already in the industry will appreciate such connections and knowledge sharing during lectures, projects or seminars when compared to fresh graduates,” Chong said.According to Chong, the majority of MBA students in the UK are from overseas as it offers excellent exposure to cultural diversity and work practices around the world, while enabling students to develop a global perspective.

“The biggest benefit of having the international MBA done locally is that it allows people to obtain a high-quality education with significantly lower cost,” he said.

 

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