MBA (Master of Business Administration) is a master degree programmer in business administration.
Before jumping to the conclusion that a Master’s in Business Administration (MBA) is the right path for you, stop and ask yourself why. The hunky-dory vision of life after MBA may not be so easy after all. Not every management graduate receives a cushy job and dream salary package. You must have your goals in place to be able to establish a solid and successful career after an MBA.
The usual reasons for doing an MBA these days:
It earns you more money
It gives you a promotion in your job
It helps you quit a job that sucks
Why pursue an MBA
To launch a progressive career
To make a shift in career, if you already are an experienced professional
To nurture an innovative outlook
To network with the best in the market
To add a brand value to yourself
To enhance personal growth
To start a business/ start-up/ turn entrepreneur
To move to another location
Scope of an MBA amongst Current Market Trends
Pursuing an MBA will give you skills that you may use to solve day-to-day business and management problems. MBA courses are more relevant today than ever before because thought leaders are needed to exploit the rapid growth in the Indian economy.
Cut-throat competition is a reality. It is not uncommon for senior employees who have experience but lack an up-to-date skill set to lose out to younger colleagues who have pursued an MBA.
There is an increased specialization of careers in the service sector. This has led to emergence of specialized subjects in which you can pursue an MBA. Through subjects such as finance or marketing, you will not only learn the basics of business, but also be able to create a niche for yourself. You can look for the availability of a course of your liking in the best B-schools of India online or through appearing for their entrance exams, if any.
Better pay and Scope for Promotions
Pursuing a course such as a 2 year or1 year full time may change the direction of your career. It is an added academic achievement, which may increase the likelihood of getting a raise and promotion. It may also open up opportunities for jobs that you were not eligible for before because of its orientation towards leadership and team-building.
Startup India and other initiatives have made the Indian economy conducive to the establishment and growth of businesses.
The curriculum of a one year MBA or any other MBA courses in India will train you to differentiate between a good and bad strategy business strategy. You will learn how to give your business a global outreach, how to adopt techniques to attract external funding, and how to hire the best minds in the job market.
Having an MBA on your CV may translate into job security because you will still be able to find a job even if your business does not perform favorably.
India as an Emerging Economy
Emerging economies are proving to be fertile ground for MBA graduates, because it is easier to navigate unstructured markets with a structured mind. Companies are constantly looking to expand in such economies, and they need professionals trained in business and management to give direction to their growth.
The increase in domestic and foreign demand coupled with expansion in finance, real estate and investments are expected to cause a surge in India’s growth story, and an MBA degree is best designed to take advantage of it.
MBA is a biggest opportunity for future security ,an mba aspirant can do anything in industrial sector .mba is one the most big job oriented professional programme and one which has been sought by the students .after completing this degree you may become the manager or can start their own business.
The MBA degree was initiated in the late 19th century in the USA. The MBA degree has been started to produce the sound management professional equip with the basic and advanced knowledge to stand the business administration.
Today, the world is growing in the fields of marketing, industrialization, financing and education. The MBA programme has specially been designed for the candidates who are executing the administration of the industries or related field.
Courses :- For the admission in an MBA programme, many institutions require the GMAT 2020 (Graduate Management Admission Test) score.
But, entrance test is not required for the admission to the distance learning or Online.
In india (ignou : Indira Gandhi national open university provides mba course)
But in delhi university you need to crack the the cat exam after that you will get the admission in delhi university.
Many colleges and Universities are offering MBA programme as full-time and part-time or through online or distance learning education.
An exe-MBA (Executive Management of Business Administration) is also popular now. The working professional who wishes to get the higher degree according to his job profile can do the EMBA as part-time or online medium. In India, the accreditation body for MBA or related programme is AICTE (All India Council of Technical Education). There are different accreditation bodies in different countries.
The student can choose the core courses according to the interest. The top core subjects of an MBA degree are as the following:
- International Business
- Information Technology (IT)
- Human Resources (HR)
- Oil & Gas
- Total Quality Management (TQM)
- Supply Chain
- Tourism & hotels
The students choose the mba specialization fields according to their interest. Whether you have done graduation in engineering, arts, science or humanities, you are free to choose the MBA programme in any specialization, what you wish to.
Once you have done your MBA degree, you can go for the doctoral degree programme (PhD), offers by the various institutions in India and Abroad.
There are many universities which provides mba in india or foreign
The best part of the programme that the graduate in any discipline can get the admission in MBA programme.
The top colleges or universities in India, offering MBA programme are as following:
- Symbiosis International University
- Institute of Management & Technology
- Sikkim Manipal University
- Maharishi Dayanand university
- ICFAI University
- Amity University
- Lovely Professional University
- Bharati Vidyapeeth University
- Indian Institute of Finance
Jobs profiles of mba holder
An MBA professional always plays a vital role in his/her company and this is why, he used to keep in touch with the board of directors.
No need to specify the companies who recruit the MBA professionals. The all sectors including government and public have various industries, companies, institutions or related organizations, come in the job prospective fields for an MBA professional.
- Brand Manager
- Account Manager
- International Business Manager
- Marketing Executive
- Business Technical Consultant
- Business Development Executive
- Marketing Manager
- Management Consultant
These are some profiles of a mba holder who can be engaged in this work after completing his post-graduation in mba
“Handsome salary packages are offered to MBA qualified candidates”.
Management sector is one of the highest paying sector. The salary is no issue for the right candidates who have a good leadership, decision making skill, enthusiasm and good academic background.
The initial package in India is around Rs. 2 to 3 lakh per annum but the maximum is unlimited. Also the increment in this sector is quiet good and depending on your capability, you can reach up to six figure income in quick span of time.
- Enrollment : if you completed your graduation from any fields you can prepare now for entrances for ex: CAT Entrance Exam ,XAT Entrance Exam,GMAT Entrance Exam,CMAT Entrance Exam,MAT Entrance Exam
After clearing this exam you can enroll your interest in your dream universities.