MASTER OF BUSINESS ADMINISTRATION (MBA)

Master of Business Administration is now not restricted only to marketing, HR and Finance.

The course has now various extensions from rural management, hospital management, hospitality management to media management. Most of the youth are now crazy about making their future bright by taking the course of Business Administration.

INCREASING NEED OF TIME

The courses of Business Administration have now become the need of the hour. The degree in management provides better job opportunities. Along with it from the point of view of self-employment, the awareness and information about such a course becomes important. There is no doubt that this degree hold value in the job market. Having acquired some experience related to a company, a student can establish his own company. While on the one hand you get direction for your own carer, on the other you are providing jobs to other people.

CHANGING PERSPECTIVE OF MANAGEMENT

The field of management is now not confined to the Marketing, Finance, HR and Production but courses in other areas are also available. Changing time has caused changes in the courses. These have benefitted not only the students but also different industries as they have various options available according to their liking.

MANAGEMENT ENTRANCE TESTS

There is several entrance tests through which you can get admission in different Management institutes such as CAT (Common Admission Test), Management Aptitude Test (MAT), IIFT (Indian Institute of Foreign Test), JMET (Joint Management Entrance Test), XAT (Xavier Admission Test), CET (Common Entrance Test) etc. If you aspire to study in a foreign country, you have to qualify GMAT (Graduate Management Entrance Test). This test makes eligible for admission to American and European Institutes

ELIGIBILITY FOR ADMISSION:

In most of the entrance tests, the minimum eligibility criteria for appearing in the entrance test is 50% while for AIMA (All Indian Management Association and TISS (Tata Institute of Social Sciences), it is graduate in any discipline.

INTEGRATED MBA

The integrated MBA course is of five years’ duration. Instead of doing graduation and MBA separately, students have to do joint study. This provides in depth knowledge of the subject also relieves the candidates seeking admission times and again. On the successful completion of the 5-year Programme, the students are awarded the Master of Business Administration (MBA) Degree. The students, who want to acquire only an undergraduate qualification, will have an option of getting a Bachelor of Business Administration (BBA) Degree on successful completion of 3-years of the integrated course.  This option has to be exercised at the end of the second year of study. The following institutes are offering MBA integrated:

Birla Institute of Technology, Mesra Ranchi, (B.Tech.MBA)

IIT Kharagpur (Vinod Gupta School of Management (B.Tech.MBA),

IIT, Mumbai (Shailesh J.Mehta School of Management (Bech.MBA)

Narsee Monjee Institute of Management and Higher Studies, MBA-Tech.

University of Lucknow, Lucknow, MBA Integrated

Kurukshetra University, Kurukshetra, MBA Integrated

Devi Ahilya University, Indore, MBA Integrated

Birla Institute of Tech. & Science, Pilani, MBA Integrated

VIT University, Vellore, MBA Integrated

Mahrishi Dayanand University, Rohtak, MBA Integrated

CORRESPONDENCE COURSES

MBA degree can also be obtained through distance mode, though the degree obtained through regular mode get more importance in the job market. Therefore, it is better option to do MBA through distance education while doing some part time job. So you acquire the experience along with getting the MBA degree

SPECIALIZED MANAGEMENT COURSES

To be specialized in MBA is considered more important from the point of view of the career. This is why new areas of management have emerged during recent few years. Some of the courses in the specialized areas include MBA in media and film making, Personal and Business Security related Insurance Management, Forest Management, Rural Management, Tourism and Hospitality Management, Hotel Management and Disaster Management.

SELECTION OF INSTITUTE

To pay attention to institute in the matter of selection of the institute is a very special condition. Higher the value of the institute, the more important the institute will be from the perspective of placement. Look carefully at the quality of faculty and past placement record. Due to better placement, premier institutes are able to guarantee good placement. Keep in mind that including IIMs, top institutes of the country present intense competition to students seeking admission. Hence, there is no short cut, only good preparation is the option. Also look at the fee structure fitting your purse; else you may have to face financial difficulties.

For your benefit we are giving below a list of major institutes:

1.      Indian Institute of Management, (Ahnedabad, Bangluru, Kolkata, Kijhikode).

2.      Xavier Labour Institute, Jamshedpur

3.      Institute of Rural Management, Anand, Gujarat

4.      Department of Management Studies, IIT, Delhi.

5.      Faculty of Management Studies, Delhi University, Delhi

6.      S.P.Jain Institute of Management, Mumbai

7.      Mudra institute of Communication, Ahmedabad.

8.      Indian Institute of Foreign Trade, Delhi.

9.      Narsee Monjee Institute of Management, Mumbai.