An MBA degree is one of the most popular business degrees in the world and helps you enhance your career prospects in the business domain. An MBA also builds an extensive set of transferable skills such as excellent communication skills, analytical skills, problem-solving, teamwork and leadership. These skills can help you establish a successful career in a non-business domain as well.
However, getting admission in a reputed MBA program is easier said than done. Most established business schools have stringent eligibility criteria which can make it difficult for a lot of students to fulfill the MBA admission requirements.
MBA foundation programs can come to the rescue for these students by helping them develop the requisite professional and academic requirements for admission into an MBA program. If you are from a non-financial background, the foundation course can also help you prepare for an intensive MBA curriculum.
Read ahead to learn more about the purpose of studying MBA foundation course and its advantages.
What can an MBA foundation program give you?
Also known as a pre-MBA program, an MBA foundation course can help you overcome the knowledge gap between your existing academic background and the level required by an MBA curriculum. It helps you build a foundation on which you can pursue an MBA with good grades.
Most MBA Foundation programs focus on providing students with the following skills:
Business and academic writing skills: Effective written communication constitutes an integral part of an MBA coursework. MBA students are expected to be proficient in identification of the message behind specific content, context and audience analysis and producing understandable communication. MBA foundation courses can help you develop excellent business and academic writing skills which can come in use both during an MBA as well as real-life corporate scenarios.
Quantitative business skills: Basic quantitative skills such as logical reasoning, algebra, statistics and arithmetic are important for MBA subjects like financial analysis and accounting principles. MBA foundation courses can strengthen your proficiency in these skills which can help you understand the underlying principles of MBA subjects like project management and finance operations.
What are the advantages of pursuing an MBA foundation program?
Apart from building the above-mentioned skills, an MBA foundation program can also help you reach the university standards of an MBA coursework. You get a head-start into business disciplines and graduate-level classroom environment.
If you intend to pursue a global MBA, then MBA foundation programs can also get you familiarized with cultural and ethnic differences in a corporate or business setting. It can also help you develop professional networking and critical debating skills which can be useful in a professional environment.
Finally, foundation programs can impart other useful skills such as proficiency with office tools and the ability to prepare balance sheets and income statements.
An MBA foundation program can be very useful in gaining admission into a reputed MBA program in an established business school. You should consider checking out suitable MBA foundation courses to start your business career.