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What Kind of an MBA Should You Pursue?

Have you recently completed a Bachelor’s Degree? Are you interested in pursuing a good management program? If yes, this article will be of great help to you. In this article, we will be conducting an in-depth analysis of MBA courses.

This article will help you understand:

 

  1. What MBA courses are all about
  2. The different types of MBA programs available right now
  3. What’s the course content like
  4. The scope associated with this academic program

 

 

MBA stands for Master in Business Administration. It is a postgraduate level course. The main aim of this course is to instil management skills and knowledge in students. If you want to take up key administrative and managerial roles in companies, corporate firms, MNCs and businesses, you must have adequate knowledge about the fundamentals of management. It takes a certain amount of management knowledge and skills to thrive in administrative roles. This is where a management education course like MBA comes handy. MBA is one of the most popular 2-year professional courses that’s always in high demand. MBA is a globally accepted master of post-graduate level degree. The core courses in an MBA program cover a variety of areas of business such as finance, accounting, marketing, operations, human resources, amongst others. Many reputed Top MBA colleges in India offer MBA courses. These business schools conduct different entrance examinations such as CAT, MAT, XAT, GMAT etc. to secure admissions on the basis of the scores attained by students in any of these examinations.

N.L Dalmia is one of the best institutes for MBA in Mumbai, and you can apply online to get admission in this management institute. This Institute is quite popular among students all around the country, who wish to pursue higher management studies and courses like MBA.

 

 

TYPES OF COURSES

There are two main types of MBA programs available in India:

  • General MBA course
  • MBA specialization courses

 

GENERAL MBA

General MBA course focuses on the basics of management. It allows students to understand the various aspects of the management field. The curriculum of the general MBA program in most MBA colleges comprises of core management subjects and few elective subjects.

Some of the core management subjects are:

  • Finance Management
  • HR Management
  • Economics
  • Organizational Behavior
  • Project work
  • Economics
  • Accounting
  • Business laws
  • Economics principles of management
  • Entrepreneurship
  • Communication skills
  • Business Communication
  • Business planning
  • Business Environment
  • Marketing Management
  • Retail Management
  • Computer Application
  • Taxation

Generally, the first year of an MBA program has core subjects. There are different elective subjects in the second year, and their availability varies from college to college

 

SPECIALIZATION COURSES

MBA specialization programs have focus on a discipline of your choice. Such programs cover subjects related to the field of specialization as well as the core management subjects such as :

  • MBA in Marketing
  • MBA in Finance
  • MBA in Human Resource
  • MBA in Information Technology (IT)
  • MBA in International Business (IB)
  • MBA in Health Care Management
  • MBA in Supply Chain Management
  • MBA in Rural Management
  • MBA in Operation Management

 

ELIGIBILITY

Minimum educational qualification required is – completed Bachelor’s Degree from a recognized University/Institute. Minimum aggregate marks criteria may exist and it varies from one institute to another.

 

MBA colleges require the fulfillment of the following eligibility criteria:

 

  • The candidate should have completed Bachelor’s Degree course from a recognized University/Institute.
  • Minimum aggregate marks criteria may exist, and it may vary from one institute to another. However, 55-60% is the usual benchmark.

 

 

COURSE FORMATS

MBA programs are available in many different formats. Some of the notable course formats are :

 

1.Full-Time MBA Programs: This is for 2 years that comprise 4 semesters. Full-time programs are just like other regular academic programs, and it consists of regular classroom lectures.

2.Part-Time MBA Programs: This program is pursued by working professionals. These programs are more flexible than full-time programs

3.Distance MBA Programs: Most of the MBA colleges and institutes all over India provide distance learning option in different courses including MBA.

4.Online MBA Programs: Students study virtually in online MBA programs. They get online lectures in this type of an MBA.

5.Executive MBA Programs: This MBA is for working professionals. The eligibility to take admission in an Executive MBA is to have minimum 3 to 5 years of working experience.

 

Getting an MBA degree from N.L. Dalmia will empower you with a globally relevant, recognized & valued education, bestowing you with several different opportunities as you study 1 year in India & the 2nd year in U.S.A.

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How to Select a College for MBA

If you step into a reputed college, your chances of selection and settlement increase significantly. You might get a good opportunity right at the start of your career and with the knowledge and experience, you will become a successful name in the business world.

Here are a few factors to be considered before choosing an MBA Program:

 

1. Set Your Post-MBA Goals –

It is important that you set up your goals with respect to your background, motivation level, interest and of course, the scope in the sector. However, there are many cases where people have changed their field of work after MBA and some of them succeed tremendously but it is not necessary that the wind flows in the same direction. Hence, setting goals beforehand is always advisable.

 

2. Check Out the Ranking –

Pursuing MBA from any college is not sufficient. To get an extra competitive edge over the market, you need to pursue it from a college that beholds higher ranking. There are many authorities that hold the power to rank the colleges. Also, there are many websites that help you assess the ranking of colleges based on the curriculum they offer, their faculty, amenities, alumni pool, placement facilities, etc.

 

3. Curriculum –

Though it is believed that what you read in the classroom is poles apart from what you execute in reality; it is to be noted that practical knowledge draws its roots from the theoretical fundamentals.  While opting for an MBA Program, it becomes essential to check on the curriculum and assure that it comprises all the essentials of the subject. Nowadays, colleges have opted for experiential learning. Apart from lectures and classroom case studies, they offer you a chance to imply knowledge on a practical basis. If the college does not offer you a new way of teaching experience, then it is better to step back from such college.

 

4. Internship –

There are many colleges that offer their students rich corporate exposure and a chance to work with companies on an internship basis. There are many cases in the record where interns get hired by the company for permanent employment if they perform well during their internship period. Look for the colleges that offer internship programs in reputed and well-established companies.

 

5. Alumni Pool –

For a college having vast alumni is not enough. The alumni also need to have higher approachability. Alumni are the main connection between the college and the corporate world. With an approachable alumni pool, a college may be able to fetch placement opportunities for the students.

 

6. Alumni Feedback –

Another important aspect that is related to the Alumni of a college is their feedback. Before opting for a college to pursue your MBA Program, go through their alumni feedbacks as it gives the real picture of the college status and reputations. If the alumni have good words to say, then go for the college but if you find something negative then it’s better to always look for better options.

 

7. Placement Cell –

The placement cell of a college is the most powerful tool that the college possesses for securing your future. If the college has a strong placement cell which has the ability to fetch up placements opportunities from reputed companies, then that specific college is the best choice for you. Check out Dalmia’s vast range of placement options https://www.nldalmia.in/Pages-Placement-Partners

 

8. Return on Investment –

Last in the list but the most important thing is that how much you MBA Program are able to generate the return on your investment. It depends upon the salary package you secure with your entry into the corporate world. Here’s where some of N.L. Dalmia’s alumni achieved after their MBA  https://www.nldalmia.in/Students-Achievement

 

If you succeed in securing a seat in a reputed college which has all these factors as a core part of their operations, then it is confirmed that you must climb up the ladder of success very fast and within no time, you will reach the top level and become a part of the reputed alumni cell of your MBA college.

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Copyright N. L. Dalmia. Institute of Management Studies and Reseach All Rights Reserved

What Kind of an MBA Should You Pursue?

N. L. Dalmia has shaped my personality in many ways. I learnt the best of HR subjects from amazing faculty members and the overall ecosystem helped me in becoming a better person.

When I entered the industry to start working, I already had a head start in HR concepts, thanks to the specialized HR batch. Additionally, we were provided with well-rounded development through assessment centres, IR case laws, personality development camps, college festivals, national level paper presentations and multiple sessions by industry stalwarts. I feel proud and grateful to have been associated with this institute. The conceptual and life learnings have shaped my career and more importantly my personality.

Designation: HR Business Partner

Organization: Amazon Development Centre India Ltd

Name: Ravishankar Kale
Phone: + 91 8956058483
Email: [email protected]

Name: Kshama Shukla
Phone: + 91 9867366181
Email: [email protected]

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