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MBA or Not? Unveiling Key Trends with Power BI
I recently worked on an insightful MBA Decision Analysis Dashboard, exploring key factors that influence graduates’ decisions to pursue an MBA.(Data Set from @Kaggle)
This dashboard provides valuable insights into the impact of experience, salary expectations, undergraduate background, and career aspirations, offering a comprehensive view of MBA trends.
Key Takeaways β
10,000 total graduates analyzed.
5,907 (59.07%) of graduates are interested in pursuing an MBA.
5,073 (50.73%) are males.
4,460 (44.60%) are females.
467 (4.67%) are other genders.
6,009 (60.09%) graduates have management experience.
Data-Driven Insights π
π©βπ Gender Preferences:
Out of 5,073 total male graduates, 2,983 (58.8%) are interested in pursuing an MBA.
Out of 4,467 total female graduates, 2,643 (59.2%) are interested in pursuing an MBA.
Out of 460 graduates of other genders, 281 (61.1%) are considering an MBA.
Key takeaway: While interest in MBA programs is relatively balanced across genders, females show a slightly higher inclination compared to males.
πΌ Impact of Management Experience:
6,009 (60.09%) of MBA pursuers have no prior management experience.
60.37% of those interested in pursuing an MBA do not have management experience.
Key takeaway: A significant proportion of MBA aspirants do not have prior management experience. Prior management skills is one of the key drivers.
π° Salary Expectation Influence:
Graduates across all fields have high salary expectations post-MBA.
Key takeaway: Salary expectations strongly influence MBA interest across different graduate profiles.
π Top Undergraduate Majors Pursuing an MBA:
Economics graduates form the largest group considering an MBA and work across diverse fields, including engineering.
π Location Preferences Based on Reasons:
Career growth is the leading reason for pursuing an MBA.
The majority prefer local opportunities, but the difference compared to international preferences is not significant.
Key takeaway: While many graduates aim for local career growth, international opportunities are also a significant consideration.
β³ Years of Experience:
Interestingly, graduates with higher years of experience show more interest in pursuing an MBA compared to those with little or no experience.
However, there is no clear relationship between years of experience and MBA interest.
Interactive Features π―
This dashboard allows users to dynamically explore insights through slicers for:
Gender
Age Group
Funding Source
Years of Experience
These features provide flexibility in data exploration, helping to gain deeper insights into specific graduate segments.