Management education has witnessed tremendous growth in
India from just about 200 MBA colleges
in the early 90s to around 3300 MBA
colleges today. There has been an unforeseen focus and success on building
management education in India more accessible and reachable. MBA is one of the
most sought after post-graduate degree for fresh graduates and working
professionals alike to advance their careers.
An MBA degree is designed to
cultivate in its recipient the leadership and the decision making skills
necessary to handle the challenges of today's global businesses. It equips
students with the required tools for decision-making and data analysis and
improves students' marketing skills through the use of case studies. An MBA degree also teaches students the
techniques and tools useful in today's business climate for financial analysis
and control. It also teaches students the business ethics and critical &
strategic thinking.
MBA programs are
offered in various forms to cater to the management education needs of
different individuals. Basic types of MBA
Programs offered majority of MBA
colleges are 2-year Full Time MBA spread over two academic years,
Integrated MBA that spans 4 to 5 years and awards its recipient with a
Bachelors and Masters Degree in Management, Part-time MBA that usually lasts
three years and the classes are held in the evenings after working hours or on
weekends, Dual MBA that offers specialization in two subjects or rewards to
degrees on completion of the program, Executive MBA that caters to the
educational needs of managers and executives, Distance learning MBA where the
classes are held off-campus or remotely in various formats like postal-mail,
emails, teleconference, pre-recorded videos, video conference etc.
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MBA colleges in India
offer specializations in various courses. Some of the MBA specialization areas
include Marketing, Finance, Brand Management, Human Recourse, Information
Technology, Operations Management, International Business, Hospitality
Management, Accounting, Personnel Management, Agribusiness Business Management, Hospital
Administration, Media, Pharmaceuticals, Health Care, Fashion Designing,
Construction Management, Materials Management, Retail Management,
Biotechnology, Logistics, Public Relations, Aviation, Rural Management etc.
As per "Business Today" India's Best B-School
Rankings 2012, 10 top MBA colleges inIndia are: Indian Institute of Management, Calcutta (IIM-C); Faculty of
Management Studies, Delhi (FMS Delhi;, XLRI School of Business and Human
Resources, Jamshedpur; Indian Institute of Management, Bangalore (IIM-B);
Indian Institute of Management, Indore (IIM-I); Narsee Monjee Institute of Management
Studies (NMIMS), Mumbai; Management Development Institute (MDI), Gurgaon;
Indian Institute of Management, Kozhikode (IIM-K) & S P Jain Institute of
Management & Research, Mumbai.
MBAs have boundless options to start and shape their
careers. Some popular career choices are management analyst, financial analyst,
HR specialist, financial adviser, recruitment specialist, business development
professional, customer service professional, client servicing professional, retail
executive or turning entrepreneur and creating jobs for others. Industries that
offer job opportunities to fresh MBAs include IT & ITES, e-commerce,
consulting, Financial services, banking, Hardware, Software, telecom,
manufacturing, hospitality & travel, education, real estate to name a few.
If you are an MBA
Admission 2013 aspirant, you need to appear for the entrance exams conducted
by your choice of MBA colleges. CAT, MAT & XAT cover most of the leading
MBA colleges in India whereas a few
institutes like Indian School of Business (ISB) Hyderabad accept GMAT scores. Many MBA colleges have their own entrance
exams. Getting into a good MBA college requires hard work and sincerity so
roll-up your sleeves and get geared up for your MBA Admission 2013 preparation.
For more information on best MBA colleges & programs click this video-
