MBA in India
MBA (Master of Business Administration)
Pursuing an MBA in India is an achievement in itself for many. Beating the competition and being a part of one of the most coveted programs adds to the pride of the student. Learning and betterment of one’s own wisdom is the key to success in any area and an MBA should be looked at as an opportunity to improve efficiency and mostly as being proactive in taking the lead and speeding up processes. We all know that getting an MBA degree from any good B school in India can also include improving some features of our personality in order to be successful in our future professions.
Moreover, pursuing an MBA in India, especially if you intend to stay here, would make more sense because the curriculum and the case studies would be based on the Indian scenario. It will be beneficial to one’s career if one learns about the local business ethics and system. For example, for a course like Marketing – understanding and studying the Indian market in close proximity would be more profitable, if one wishes to venture into a promising career or business idealistic to the Indian economy.
Also with the present and upcoming tie-ups / collaborations of Indian institutes with foreign universities, there is an opportunity to gain quality education of international standards without having to leave your country. These institutes in partnership with foreign universities confer degrees with a global curriculum, giving you that extra benefit. Thus in other words it means a cost effective, international standard degree!!
However, to ensure that students with the required aptitude and managerial skills get the opportunity to gain a quality education, institutes have certain parameters for selection. And entrance exams are one of them. Clearing these entrance exams with maximum marks becomes the first and only focus of the students. Joining classes or self study and solving as many papers to earn the right score becomes the one point agenda as it seems to be only way for admission to leading MBA colleges in India. But little does one focus on the other skills that are essential to the program.
A crucial ingredient of an administration / management degree is fully equipping the candidate with required parameters and development of related potentialities to do justice to the job. Certain skills and traits are helpful in order to succeed in the profession. These include business acumen, quantitative aptitude, analytical skills, resilience, communication and presentation skills, competitiveness, leadership, accountability, decision making, managing crises and people skills. Though this may not be an exhaustive list of skills, in case of an MBA degree these qualities become inevitable.
Students should bear in mind that along with the entrance exam preparation, these skills have also to be honed, as they are going to be evaluated during the Group Discussions [GD] and Personal Interview (PI). The lack of these skills may hamper their chances of being selected. Students who plan to pursue their MBA in India have to follow the process of clearing the entrance exam with excellent scores, group discussion and personal interview to qualify for a top B- School. MBA is generally two years full time course and there are many part time courses as well available.
Some of the best MBA institutes in India known for their management education are
- Indian Institute of Management
- XLRI (Jamshedpur)
- S.P. Jain (Mumbai)
- Jamnalal Bajaj (Mumbai)
- FMS (Delhi)
- MICA (Ahmedabad)
- Symbiosis (Pune)
- ISB (Hyderabad)
- Xavier Institute of Management (Bhubaneswar)