Success of any organization mostly depends on the competent workforce of the organization. Competency refers to the qualities, skills and abilities which generally obtained by the individuals through participating in different formal training and education programs. Professionals are now more interested in enhancing their capabilities through gaining new knowledge and skills in meeting their job demand and career development. The professionals look for MBA, an advanced academic degree in management under business education seems essential qualification for becoming a successful manager. Professionals hope their betterment in job and career by admitting such educational programs. The objective of this paper is to review the literature for understanding the significance of MBA program on professionals’ knowledge, skills and career development. Opportunities of MBA education on a part time basis considered as blessing for the job holders in developing their managerial knowledge, skills and career. The professionals aim in obtaining managerial knowledge and skills besides availing career development opportunities being a graduate of an MBA program. Therefore, the MBA graduates frequently claim that they have better managerial efficiencies than their non-MBA colleagues. Thus, the projected outcomes of the MBA degree attract most of the professionals to admit in this type of education programs.

MBA, EMBA, knowledge, skills, career