What kind of education does an MBA graduate should expect?
MBA – Masters in business administration is a prominent degree which provides its students with brief insights into real-world business circumstances, they are taught the theoretical and practical knowledge of business management. Most of the students in India pursue MBA as soon as they complete undergraduate program where international students prefer to gain some industry exposure before joining the MBA programme. In most of the cases pursuing MBA from Best MBA colleges in India is not just a necessity but it has become mandatory to achieve your goals. The degree that you hold qualifies you for certain top-level position in an organization including senior management and executive level positions.
Who are the MBA students? What background do they come from?
Master’s in business administration attract students from all academic background and professionals from various backgrounds. Hence most of the Top MBA Colleges in India provide the generic courses in management components. Full-time MBA students are usually fresh undergraduates trying to find the career opportunities through MBA, part-time MBA, Online MBA or E-MBA are those with work experience in various industries. Usually MBA candidates with experience are in search of specific specialization, something that will benefit them in their current position and can elevate their managerial skills meanwhile Fresh undergraduates is more open to explore and learn new things, they are more vibrant, enthusiastic and their approach is towards real-time world issues is unique and most of the time senior grads do not agree with the fresh grads and their suggestions.
Why do you have to do an MBA?
In spite of an exponential increase in MBA fees structure and demand that has been associated with getting an MBA from Top MBA Colleges in Hyderabad, Bangalore, Mumbai, Pune, and Delhi and so on the degree is highly valued by both the employers as well as aspirants. In fact, there are various government and private councils that have concluded on the basis of the research conducted that MBAs receive a complete ROI (Return on investment) in just 4-5 years and the financial benefits multiply over time.
Should I Pursue MBA? Is it popular enough?
As mentioned above, the significant factor is the return on investment, having said that it’s not the only reason to pursue MBA as we are moving towards the global market saturation the MBA programs have evolved, that also includes the rise of engagement in cross-continent seminars. MBA programs are the most popular postgraduate programs and this trend has been up for almost a decade now. The time could not be just right to get your MBA right now, it is very popular among both the sectors that include freshmen and experienced graduates. MBA is also popular employer are always looking to hire professionals that can grow their business.
What can I do with an MBA?
This was exactly the question that has been asked by many students and professionals. I mean seriously? I mean I was wondering how they can lack the imagination to ask such question. But as the question has been raised let us discuss few points on what can you do with MBA and its perspectives.
The MBA degrees are in high demand continuously and they are the prized possessions of very successful individuals in the market. The basic fundamentals of any MBA degree such as evaluating losses, critical thinking, managing growth, improving efficiency and strategic planning are also in high demand. The MBA opportunities in e-commerce, technology, and energy sector are growing continuously as consulting in business, marketing and finance remain the favorite path for most of the MBA grads.
Why you should do MBA is because the program report the strong placement records across the globe and the LinkedIn corporate recruitment survey has suggested that the number of companies that hire fresh graduates has drastically improved.
What are the various options available while taking an MBA?
As our elders used to say that all five fingers are not same similarly all business schools are not created the same. Every B-school brings its own specialty, for example, ISB flagship product is PGP in Management similarly CMS Nalsar has Strategy and court management. The traditional MBA programs decade ago or 20 years ago is now the thing of the past especially due to rising in mobile platforms, e-commerce or the big data. While the few people take advantage of new crash courses with distance learning and fast-paced learning environment the others still stick to the complete 2 years graduate program.
Let us discuss the various options available to choose
- I) Marketing
It’s the evergreen field focuses on building students Market research, consumer behavior communication skills, and corporate relations. The people who had got excellent communication skills and convince the client into doing business with them should definitely opt for marketing
- II) Finance
Deeper understanding of financial management in both international and domestic banking including private sector they MBA in finance will help you get prepared for multiple career opportunities
III) Information Technology
The companies need managers, managers who can understand business and management, who can help companies ahead of the curve. IT Managers of the future for implementing latest technologies make the most out of it.
- IV) International Business
Master’s in business administration in international business gets you an understanding of the global market. Well-prepared students in this field have high chances of getting on board with multinational companies.
- V) Leadership
Leadership education is mainly focused on critical aspects of family business and its success, the program structure includes almost every single aspect of running a business. It is also promoted by family business and it includes conflict resolution, corporate communication, and team building.
- VI) Strategy Management
It is the most sought-after courses in MBA available in the market. It prepares its grads for managing complex and dynamic markets. The program structure includes analysis of various factors such as technology upgrades, market evolution, and organization structure to name few.
Full-time MAB and Part-time MBA programs share a commitment to an increasing imperative towards entrepreneurship education. 85 percent of Top MBA Colleges in India now offer entrepreneurship as a field of study with more than 75 percent of students participating only in it.
VIII) The EMBA
Executive MBA or the EMBA is specifically designed for business leaders, working executives, and management who are returning to school to start a fresh business of their own. Intimidated by the problems faced by conventional MBA program has been the motivating factors for many that are pursuing EMBA. The grad student can continue his work life as well as focus on the MBA simultaneously. These are the students who are aware of the market trends and can implement their knowledge and learn immediately on their workforce. The even have a strong support from the network.
- IX) Specialized MBAs
In addition to the general MBAs, EMBS offered by many top management b-schools, many of them are now offering specialized programs that are focused toward lifestyle, disaster management, music, and biotechnology to name few.
Most of the MBA colleges are now incorporating a new approach in behaviors to their programs. These programs are more focused towards psychology and behavioral science rather than focusing on how people behave and think.
Which MBA Program suits your personality?
Finalizing the right MBA program for you requires the consideration of both future goals and careers perspective. For EMBA professional experience, current jobs its roles and responsibilities are the key factors to decide. You need to evaluate you’re the finance involved by the time you complete the program.