Friday, June 26, 2009

MBA in UK in recession, will it work?

Statistics are enough to break out into cold sweat. In UK, rate of unemployment sprang to 7.2% - up 0.7%. When fire and not hire is the norm of the day hooking a dream job almost seems impossible. Economic recession is taking its worst toll in the UK job market churning millions jobless. Though statistics over the news are enough to generate the shock wave the real blow comes when our own friends are suddenly without a job... and even stronger when we face a threat to our own job! Opting for or sticking to the recession proof jobs like health care, education, food services, security, energy sector and environmental sector can be a support for higher job security and a means to prevent financial face-off but in most of the cases it would imply little or no job satisfaction. The wisest decision would be to head for MBA. An MBA Program is a significant investment in ones personal development

To do an MBA or not to do – is the dilemma that has caught on with the majority. The fact is although the competition is stiff enough an MBA degree has always given an extra edge in ones career. Even during economic slug jobs are in abundance for fresh MBA pass outs. For students from diverse disciplines from Medicine, Engineering, Science, Commerce, Arts to working professionals MBA is a essential for career growth. Even professionals who are in their hay days of their career can add an additional degree of MBA to their resume for a pay hike even if economic recession looms.
Proper and fruitful utilization of bad times to upgrade skills and wait till the good times are back is a fair idea. After all every cloud has a silver lining!

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