TOP SOFT SKILLS FOR MBA CANDIDATES
The true value of an MBA degree lies not within the theoretical knowledge, but the practical knowledge to perform in the real world. Having mastered the art of finance or accountancy would mean nothing if the candidates lack soft skills. The difference between average and extraordinary students who get selected by top firms lies in the difference between soft skills. So if you are wondering what it takes to be an MBA out-performer, here are the soft skills that you must work on.
1. COMMUNICATION SKILLS
Undoubtedly, communication skills are an integral attribute for successful MBA candidates as it’s imperative to be able to communicate your ideas more effectively. It’s not necessary to use big and fancy words, but simply to use words that everyone can understand without losing the essence of the meaning of the message. Great communication skills aren’t simply limited to good verbal skills but also involved being an excellent observer and listener. So whether you have to give a presentation or submit a formal proposal, having good communicational skills is a must.
2. TEAMWORK AND COLLABORATION
Teamwork makes the dream work so if you want to become a kickass manager, reflecting qualities of being a team player is crucial. Even for leaders or managers operating at higher ranks, sometimes the best strategy is to scout for a strong team and delegating the right task to the right person. A very important part of an MBA is to team up with peers, exchange ideas, collaborate with different departments, and execute tasks collectively. This collaborative experience also helps in speeding up tasks and gaining different perspectives to solve a problem. So while it’s nice to know enough to give an impressive one-man show, being a lone wolf will not get you far enough.
3. FLEXIBILITY AND RESILIENCE
Challenge is a part of every job, however, dealing with these challenges is a part of the daily lives of managers. During stressful challenges in a fast-paced corporate environment, having resilience and flexibility to pivot from existing plans is essential. Resilience involves seeing challenges as an opportunity to grow and flexibility implies readiness to utilize these setbacks to evolve and bounce back. This involves a lot of last-minute decisions, change of plans, hanging on a string, and taking unforeseen chances and risks. So make sure to train yourself to make necessary adjustments to achieve top results and surviving in these fast-paced positions.
4. STRATEGIC PROBLEM SOLVING AND CRITICAL THINKING
Critical thinking leading to strategic problem solving is of colossal importance for MBA candidates as instincts can only get you so far. Bouncing back from setbacks needs strategic and critical thinking as it can help meet unpredictable demand, which is quite common. Being a critical thinker means not always accepting information at face value, but studying its pros and cons, doing a full-fledged SWOT analysis, understanding the big picture, and deriving solutions accordingly. Along with critical thinking, MBA candidates must have quick problem-solving skills to survive and thrive in a business environment.
5. EFFECTUAL LEADERSHIP
MBA is all about leaping forward, not being afraid of taking initiatives, innovative thinking, and leading a team or task. So readying oneself as a leader will take one to strengthen and hone your area of expertise, delegating tasks, formulating plans, and working on honest feedback. However, effectual leaders do more than simply making management decisions in sync with the organization’s culture. It’s not always about how many punches you can throw, but how many can you take.
And lastly, all of these above-mentioned skills must be aligned with enthusiasm and passion. So if you are looking to develop these skills and be the best at what you do, GTIM has a cutting-edge curriculum and training program to help you meet the demands of any cut-throat industry.