Monday, 30 November 2020

5 points why COVID 19 has made MBA lucrative?

COVID-19 has disrupted the economy. The damage was swift and deep, but the recovery is also expected to be at the same pace. So, it is likely that the economy will get back to its feet quickly provided the virus doesn’t play out in multiple cycles. The experience of 2007 financial crisis also played out similarly wherein within two years of the breakdown, the economies around the world were on hiring binge to fuel the growth engine. A similar story is expected this time around with even quicker turnaround.


1.During this time of COVID, the hiring scene with best of companies are not satisfactory. The outbreak of Corona Virus has brought the industrial growth to a minimum level. This is not the best time to look for a job.


2.This is a good opportunity to take your career to the next level by pursuing MBA during the recession. By the time you complete your MBA, more career opportunities will be waiting for you.


3.It will be better to improve your profile, pick up new age specializations in your area of interests or fields that are predicted to boom in the near future. Add new skills by pursuing an MBA with your preferred specialization.


4.The post COVID economies around the world could be quite different to what we have today, and India has a unique positioning to gain maximum ground. MBA institutes are the best place to gather knowledge and lead the change in industry.


5.The B Schools have a strong Alumni network and industry connect which you can benefit from in future.


Due to the COVID 19 and accelerated digitization, manpower demands has increased in the area of healthcare analytics, health insurance, healthcare IT, digital marketing, digital sales, applications of drones and other emerging technologies in the sector. Students can explore various options available for them to pursue a career in healthcare management. Established in 1984, (Earlier Known as Indian Institute of Health Management Research ) IIHMR University is a Specialized Research University in Management Research, Postgraduate Education and Training in the Health Sector. The University aims to generate new knowledge and technologies to provide evidence and inputs for developing effective policies and health interventions and strategies.