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Meeting Business Aspirants (MBA)

A man without education is similar to a world without Light! Lately a lot of people have turned out to be MBA aspirants, which seems to be the most sought after course, after the graduation stage. MBA is a postgraduate degree awarded to Under Grads from the field of Business. Well that was the basic Idea ! But now we have people from the engineering background as well. MBA is a field of study for people who seek work in the fields of business ownership, or technical skills and business knowledge. MBA today, has evolved to a completely new phase compared to what it was back during the 1950s, when it actually sprouted. Moreover the challenges posed by the 21st century places a high premium on upgrading skill and qualifications in order to meet the evolving demands set by various companies, customers, and the environment that managers wok in. In addition to developing strong technical skills, todays managers are also required to be able to influence people, interact with a broad spectrum of colleges, customers and suppliers; and negotiate with individuals from all walks of life. The MBA has grown and evolved in a span of over 30 years to be the most sought after course, having nearly 3,00,000 applicants from India alone, matching which the number of universities sprouting business schools and MBA courses have also increased dramatically. Moreover thousands of universities present the MBA qualification, offering more flexible ways of learning, including Distant Learning, Modular, in-company and part time study. While the entrants may benefit from the wide range of program made available, but making the right choice of program is paramount! While opting for MBA, one needs to consider two important aspects, (1) what do you want to gain from the program, in terms of the skills or what competence you wish to develop? (2) What is appropriate for your constraints such as budget, time availability, location etc? MBA has a lot of givings, it is a degree designed to give you the fullest potential, at an accelerated pace. Apart from a life experience, MBA courses exist to provide its students with 3 main value propositions. (1) SkillsMBA students acquire these skills inside and outside the classroom. Since MBA program attract people from very diverse industries and cultures, it is designed to be able to leverage these differences and translate them into learning opportunities. This course is expertly designed to train young aspirants with the hard set of skills of economics, finance, marketing operations and the soft skills of leadership team work ethics and communication, essential in the day to day life of business

(2) Networking Opportunity: while earning this degree, one comes across plenty of networking opportunities. MBA offers access to a network of MBA students, alumni, faculty, and the business community leaders. This network can be very useful when beginning a job search, developing a career path, building business relationships and so on.

(3) Brand a recognized brand, the MBA degree in itself, signifies management and leadership training. The particular school and type of MBA program you attend also have brand associations that can help open doors based on the schools reputation. A powerful brand can give you the flexibility to make changes throughout your career. India has several premier B-schools offering MBA courses, and most of the B-Schools offer specialization like finance, Human Resource, marketing etc. However, niche courses such as MBAs in Communication, Hotel Management; Fashion etc are also existing and gaining many responses. . There has also been a steady increase in the number of tie-ups between Indian and foreign universities. Some of them include the SP Jain Institute of Management and Research with Virginia Tech, the Indian School of Business with the Wharton School-Kellogg School of Management, the Management Development Institute with Cambridge College, Great Lake & Yale, Welingkar College with Temple University, the Institute of Management and Technology with Fairleigh Dickinson University, Great Lakes and Yale University. Thus, with more and more premier international education its way to Indian shores, one can experience the benefits a international education and a lesser cost.

Umpteen numbers of benefits like the above lure students into pursuing management education. However students often fail to see the real purpose, and hard work that is actually required to pursue an MBA. Management students caution aspirants against an attitude of enrolling for MBA only to get an additional qualification. One must carefully evaluate his/her desired career path before enrolling for an MBA program. Which is the reason why lately there seems to exist a significant gap between the supply and demand of Management education in India. Nearly 300000 seats are offered by over 3000 business schools in India, against which nearly 1,85,000 aspirants emerged for CAT alone, and an additional 2,00,000 aspirants gave the MAT examination. the 21st century has witnessed that MBA program is one which most certainly adds value Through imparting creativity knowledge and innovation in our future business leaders. And earning an MBA is a stamp of approval, whether it is a prospective partner, potential investor, possible lender, skilled employee, or a bright chairman. So go and give your career a dimensional change!!