Nowadays, MBA –Masters of Business Administration is a very hot topic among the youngsters. Is just a trend, a trifle or is there a real value in following this study programme? This programme is costly, challenging and consist high requirements during entrance, then why individuals opt best MBA course ?
First of all know about the brief introduction about Masters of Business Administration program. It is a post graduate degree which facilitates you several kinds of training – practical, conceptual and theoretical in numerous number of streams such as – marketing, operations, economics, corporate finance and many more. If an aspirant has decided to move forward along with a specific area of management, then the specialization of MBA helps to turn their career in that facet.
In India, most of the management programs are accredited by UGC or AICTE, in fact few programs also have accreditations of prestigious international universities. For instance, the programs of IIM Calcutta are accredited by AMBA and AACSB, it is the only business school in India who have such kind of global accreditations. Basically, an MBA programme is of two types in terms of duration – two year full time course and one year executive course.
Is an MBA right for someone without a Business Degree?
No need to have an undergraduate degree in business management to pursue the career in this stream. Most of the majors are able to accept preparation due to MBA degree because of consideration like a professional degree. This statement states that, this program is specifically designed to train people for higher level profiles by aiming on the practical aspect of business management.
It takes very unique approach to education, merging several business courses that assist students to enhance and develop the essential skills in management positions. These courses are especially for those professionals who have already work experience and want to advance their careers. MBA provides an educational tool set which is highly applicable and fulfill the dreams of bright career.
Expectations after earning MBA degree
After earned an MBA degree, now what are your expectations in real world when it comes in terms of salary, job and return investment? In fact, the finest and reputed MBA programs are not providing any kind of guarantee that you will directly get your dream job or receive a higher salary bump after graduating. An MBA degree is able to improve your hiring chances in the specific industry and give an advancement in your career.
A recent survey of Graduate Management Admission Council states that an MBA aspirant expect some basic things after receive their degrees –
- 48%–Opportunity to improve personally
- 41%–Increase in career options
- 38%–Development of management skills
- 33%–Increase in earning power
- 33%–Ability to earn credentials desired.
It would be really interesting to know that how many individuals are able to achieve their desires and see the percentage graph that improves the employment percentage of India between the MBA and non MBA individuals. The management degree can add the skills, enhance the earning power, explore the career options in different streams, etc.