Evaluating the Impact of MBA Programs in Public Universities of Bangladesh on Career Development of Professionals
Dr. Md. Ashraful Alam, Dr. Md. Saiful Islam, Dr. Saroje Kumar Sarkar
Jatiya Kabi Kazi Nazrul Islam University, University of Rajshahi, University of Rajshahi
Email: alamashraful0208@gmail.com
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Abstract
Purpose: The study aims to explore the contribution of MBA programs to the career progression of professionals.
Methodology: A methodology combining quantitative and qualitative techniques, considered as an explanatory sequential framework, was used to understand the impact of MBA programs on the career advancement of professionals. The population of this study consisted of professionals who were admitted to MBA programs between 2010 and 2017 at public universities in Bangladesh on a part-time basis and successfully obtained their degrees.
Findings: The quantitative results demonstrated that the knowledge and skills acquired through MBA programs positively influenced the advancement of professionals' careers. However, the qualitative approach did not yield satisfactory results concerning salary increases but confirmed an increase in job responsibilities, opportunities for promotions, and the potential for MBA degree holders to obtain new jobs.
Practical Implication: The findings of the study can serve as motivation for non-MBA holders to pursue an MBA degree, especially those seeking career promotion and redirection. Furthermore, the results of the study may motivate MBA program authorities to carefully consider the requirements of both the professions and professionals to meet the demand of the job market
Originality/Value: Many professionals in Bangladesh enroll in MBA programs with the goal of advancing or restarting their careers, but the impact remains unknown due to the absence of previous studies related to the issue. Therefore, this study can be helpful to meet up the knowledge deficiency related to this study area.
Limitations: However, a potential limitation of the study lies in relying on hand-coded thematic method for analyzing qualitative data without the aid of specialized software.
