5 Reasons to Obtain an MBA for IT Specialists

Ukrainian IT business is growing right before your eyes. Every 10th company thinks about the transition from an outsourcing model to a productive model. More and more enthusiasts are slaving away at projects in coworking and garages, hoping to call their brainchild a startup someday. With the development of business, the competence level of its managers increases. They think more and more about managing not only personnel, but also individual business units, and managers, in their turn, are increasingly deciding on an MBA program. The theme is inspired by discussions at the MBA Road Show.

MBA is an education for adults, even rather mature ones. And it’s not about age. It is important to understand why you came for an MBA. There may be several reasons: someone wants to gain new competencies or deepen existing knowledge, someone feels that he/she has frozen and wants to break out of his comfort zone by starting something radically new.

So, 5 Reasons to Obtain an MBA

MBA is a way to deeply understand business processes.

Economic sciences are taught poorly in the technical specialties of universities, management are taught even worse.

You can catch up on MBA. When intuitive management no longer helps, and even participating in the company’s business processes does not give a complete picture of the business functioning, a person reaches his/her “glass ceiling”.

MBA is a quantum leap in the level of your overall professionalism.

Studying is not easy, only the motivated will come to the end. But the result is definitely worth the effort. This is the transformation of your expertise into a qualitatively new level. This is the formation of the desired level of abstraction when you see farther and deeper the processes that lie on the surface. You will become undeniably better and wiser than you were in the past.

MBA will help you climb the career ladder.

If a person comfortable writes code, undertakes a project architecture or analytics, and he does not see himself in managing a business, much less his own, he should do what he likes.

If he seriously thinks of going into management, or already manages teams, but he wants more, if on a next Friday evening he catches himself on the thought that it is high time to grow up, business management can become his trigger for change.

We will give you some statistics from open sources at the top 5 business schools that are based in Ukraine or have branches here.

71% of C-level graduates after receiving an MBA change their place of work.

36% of 71% of top managers realize successful transformations in their current or already new companies. So owners should be creative and flexible in order to motivate these people to stay with them as a team.

28% of top managers leave the position and open their own business.

MBA opens the door to the management of foreign companies.

Who is eager to work at Google, Apple, Microsoft? No, do not leave the country forever, but gain experience in the global giant, and then return and bring your experience to Ukraine. In such serious companies, first of all, engineers are hired. But if you are a manager with an engineering background, your chances of heading a large division of the company increase.

Finally, MBA is new contacts and communities.

Among those who reached the finals of a business administration course, there are no completely random people. Each of them has specific development goals. It is likely that soon they can become your business partners, especially now you speak the same language and use common terms. Business is built on professionalism and partly on relationships.

It is worth recalling that an MBA diploma in itself does not give anything. Unless you can decorate the wall. However, if you are ready to invest time and effort into study, to take everything that is given to you, to use the acquired knowledge in your work, if not all, but most of them, after the end of the MBA program you won´t recognize yourself.