MBA - Masters in Business Administration - is a two-year post-graduate course. An MBA from a good institute is commonly recognized as a passport to a lucrative career. The quantum and variety of jobs open to you armed with a qualification like MBA are, needless to say, unlimited. Employment opportunities abound in diverse fields with promise of rewards in the form of excellent compensation package, status, and scope for personal and professional growth.
In recent years, the Management education scene, both within and outside India , has been receiving tremendous attention. In the context of economic liberalization and globalization gaining momentum all over the world, there is a growing awareness and appreciation of the role of MBA education in grooming tomorrow's business managers and leaders. Business Management is fast emerging as the most-sought-after discipline in professional education. Management careers are viewed as highly respected and rewarding. That it is people with managerial skills who will call the shots in the 21 st century is well recognized.
The term MBA is now used as a generic brand. Most of the students joining various B-schools today get different qualifications. To name a few:
Qualifications
• MBA : Masters in Business Administration
• PGDM : Post Graduate Diploma in Management
• PGPM : Post Graduate Programme in Management
• PGDBM : Post Graduate Diploma in Business Management
• PGDCA : Post Graduate Diploma in Computer Application
• PGDRM : Post Graduate Diploma in Rural Managemen
• PGDACM: Post Graduate Diploma in Advertising and Communications Managemen
The names may change, but the underlying philosophy remains the same. Creating quality managers.
Growth in this area can be meteoric for achievers as upward mobility is proportional to results. Bright, hardworking people can rise to top positions quickly. Management careers can be broadly categorized into careers in business and careers in other sectors.
MBA Programs focus on one prime objective - preparing students for careers as professional managers. As the emerging scenario of competitive economy is unfolding new challenges and opportunities for the companies and their managers, the importance of international quality management education is being felt all over the country whether one is running a small business or a medium-sized one or a large one. This leads to the phenomenal demand for MBA - high quality MBA.
To meet the challenge of change, more and more people are waking up to the imperative need of acquiring managerial skills. There is a growing realization that it is people with managerial skills who will call the shots tomorrow whether in private sector or public sector, small sector or corporate sector, education or armed services, politics or social services, profit or non-profit organizations. The key to success is managerial skills. Thus, the number of students enrolling for Management Programs is on the rise. Therefore, it has become imperative that one knows what exactly an MBA offers to prospective candidate.
An MBA Program lays the foundation on which one can build one's managerial career in established business organizations, public or government organizations, non-profit organizations or start one's own enterprise. A more comprehensive view of what a candidate learns can be made by understanding the content and options offered by an MBA Program. MBA Programs of most business schools vary in terms of their curriculum or course content, course structure and teaching methods.
In the modern world, the thrust is on professional management. Consequently, the demand for management professionals is increasing tremendously. With the growing complexity of commercial activity and in the face of challenges posed by the Multinational companies (MNC) and with emergence of the global village, the business community is hastening to strengthen its base by adopting efficient Management Practices. Companies are becoming lean and mean and their slogan today seems to be -"Shape up or Ship out."
