Perceived Effects of MBA Degree on Skills Development and Career Advancement: The Case of Pakistan

Abstract

This study was conducted to assess the effects of MBA degree on enhancement of skills and career advancement in Pakistan .Business education is getting importance and growing day by day globally and for the sake of assessing worthiness of this degree of business education (MBA) in developing economy of Pakistan 100 professionals( 75 MBA's and 25 others) were studied. Likewise study also focuses on some intervening variables for instance stress management, effective communication, time management, interpersonal skills, self confidence, and analytical skills. Study was conducted in banking industry by selecting people randomly from different managerial ranks. Data were collected through a well designed and structured questionnaire and pre-testing was carried out to examine the efficiency of the instrument. Descriptive and inferential statistical tools were applied and analyses demonstrated that MBA degree has positive effect on career advancement because it sharpens different skills of MBA's and it provides basis for better opportunities and MBA's have diversified skills so they can act as worthy managers. PUBLICATION ABSTRACT