A small Mediterranean island nation, Greece has been in news for the past few days, as its economy has suffered a major setback in the period of financial slowdown MBA . The same condition is prevalent in many countries, as their economies are passing through a rough time; there is a financial crackdown in almost every country of the world.
Recession has taken its toil in many developed western nations, leading to global depression. Some have a perspective that an MBA degree is of no use in such a period when many big companies are suffering huge monetary losses and sacking its staff, due to lack of funds.
However, for, a management professional recession is actually a blessing in disguise, as it is the right opportunity for them to use and apply whatever they learned in the MBA programme and proves their mantel.
As a part of MBA course, students are offered wide range of specializations in various fields like marketing, retailing, finance, operations, etc. Learning different subjects gives them a detailed knowledge about various sectors, the possible risks and opportunities involved in it. This can help them to face a tight situation the financial slowdown and take necessary steps to come out of it.
Two years of extensive training, MBA programmes equips the students with right aptitude, approach and value system that can help them to take the company in the right direction during a critical situation.