A REPORT

ON

“WHAT MBA’s EXPECT FROM CORPORATES”

By
SHAIK NAZEER
09-011-019

RATAN GLOBAL BUSINESS SCHOOL, HYDERABAD

Approved by AICTE, Ministry of HRD, Govt of India, New Delhi

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 CONTENTS

CHAPTER-I

Overview of RGBS

CHAPTER –II

Overview of Corporate and MBA’s

CHAPTER-III

Summary

CHAPTER-IV

Conclusion

BIBLIOGRAPHY

CHAPTER-I

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 Overview of RGBS:

Vision:

To be a Global business school, achieving success in management education and

training through competency building with Indian values.

Mission:

 To foster management education with right blend of Indian ethics and values.
 To develop outstanding entrepreneurial talent capable of providing global business
leadership.
 To impart knowledge in the field of management by under taking training,
consultancy and research programmes.
 To have collaborations with industry and government for benefit of society.

Values:

To Foster the values of:-

• Passion for excellence.

• Innovation and continuous learning.
• Collaborative team work.
• High ethical standards.
• Harmony and social responsibility

About RGBS:

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 Ratan Global Business School (RGBS) is a leading research-driven B-School in India. The
RGBS evolved from a need for a nationally top-ranked and distinctive business school in
India dedicated to providing the best and affordable management education by
professionals who were dedicated to develop rural India with 3 decades of experience in
training IAS Officers, Corporate Leaders, Professors of Universities, MBA Students,
Research scholars, Political Leaders in the areas of Strategic Management, OB, HR,
Finance, Marketing, IR, IT and Ethics & values. The School’s Governing Board comprises
academicians and advisory body drawn from Indian Institute of Managements, Top
Corporate captains, Entrepreneurs, leading academicians from business and management
education institutions.

The RGBS is Brainchild of Chief Promoter, Dr B Ratan Reddy, Ph D (Strategic

Management) who has vision that is unheard of in the launch of any institution ever. The
founders are eminent academicians from rural origin Devar Yamjal Village, RR District,
AP, with the exposure around the world. We have network with the top leading business
schools – University Of Louisiana, New Mexico University in US, IIMs, MDI and Leading
Corporate Leaders in India

Program in RGBS:

Approved and accredited by AICTE, the programme quips participants with fundamental
management skills and in-depth knowledge of their chosen area of specialization. RGBS
through its international alliance has evolved a contemporary program with focus on core
management areas and offers carefully selected elective courses which are regularly up-
dated.

Objective:

To prepare the participants to manage and lead in an increasingly integrated business

environment that transcends national borders. To develop conceptual and analytical skills
and an in-depth understanding of functional areas to gain practical business experience The
program is challenging, the curriculum is rigorous and the selection procedure is highly

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 competitive. As a result RGBS seeks candidates whose abilities, skills and personality
indicate strong potential for success in the future.

METHOD OF TEACHING

The teaching method consists of theoretical as well as practical sessions and includes
lectures, exercises, instruments, live projects, management games case studies and role
plays. The promoters encourage the faculty to prepare cases and present to the students.
The session’s e mostly interactive and participative for better learning and
comprehension. In order to groom the students to smart professionals, quizzes and
surprise tests are conducted to tap the potential within the students. These are in addition
to the continuous evaluation by the faculty through out the semester. In order to relate
the classroom knowledge to shop floor experience, industrial visits are conducted; In
addition, seminars and guest lectures by the captains from business enterprises are also
arranged.

ASSESSMENT SCHEME

Students are required to maintain 90% attendance in each semester. The Institute follows
a system of continuous, mid-and end term examination scheme for its students.

PLACEMENTS

The Placement Cell will help, guide and counsel the second year students in securing
suitable placement by bringing them in touch with the prospective employers through
Campus Recruitment Programme.

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 CHAPTER II

OVERVIEW OF CORPORATE AND MBA’S:

THE VALUE OF MBAS FROM A CORPORATE PERSPECTIVE

The business world is changing at a rate that would have been unimaginable in the past.
Rapid advancements in technology, changes in customer behaviour, higher expectations
from financial investors and a general sense of impatience are placing tremendous and
often paradoxical demands on the top management of corporations. Dealing with such
change is requiring them to modify the way they organise themselves.

In today's world, trained resources have become increasingly important. MBA graduates
have traditionally been looked at as one such trained resource: trained in the art of
analytical thinking, trained in dealing with complex issues in a structured manner, and
trained to think like leaders. The first firms to think along these lines were the consulting
firms, followed by those in the financial services world. This trend has now caught up
with other industries - to the level that even small start-up firms recruit some MBAs to
add a bit of new thinking to their operations. The results have been mixed, ranging from
excellent performances to the downright mediocre. Why is that? Are MBAs not living up
to their expectations in some areas, or is it that some environments aren't suitable for
MBAs? In fact, the truth lies somewhere in between these two explanations.

Firms that indicate their happiness with the whole MBA recruitment plan have many
things in common. All of them, without doubt, offer extremely challenging yet relatively
risk-free environments to their new recruits, providing a culture that fosters creativity and
acknowledges individual initiative. Most have a clear idea of the growth path planned for
the recruits, have ambitious growth plans themselves, and value new ideas that they see
as a constant source of innovation. Firms that express dissatisfaction with their MBA
recruitment programme, on the other hand, do at times have working environments that

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 are at the opposite end of the spectrum. Such firms have extremely hierarchical
organization structures, with set ways of conducting business. MBAs find themselves
wasted in such environments, and either choose to leave for better pastures or stay and
perform in an uninspired manner. MBAs, too, should be blamed for some of the concerns
expressed with regard to their suitability. Many come into their working environments
with extremely rigid ideas about what a good career looks like, about the kind of
responsibilities that they should be handling, and about the kind of learning that they
should get along the way. Many exhibit poor man-management skills at the beginning,
and at times show a distinct dislike for anything that deals with the emotional angle of
effective decision-making.

So where then does the solution lie? In a two-pronged approach, which starts by creating
an environment that nurtures creativity and team spirit, as well as training MBAs on their
emotional intellect to ensure that the chances of an MBA misfire are minimised. Care
must be taken to ensure the individual fits with the organisation, and firms that take care
to ensure this fit end up as winners with the right team. For example, consulting firms
prefer recruits with a certain profile, a profile which could be totally irrelevant in a
merchant banking environment or a manufacturing industry. However, MBAs themselves
have to start articulating which environments give wings to their potential too, and then
go ahead to choose careers in those environments.

The real question that should be asked by companies is 'How best do I attract and utilise
MBAs to fit in with our culture?' At the same time, MBAs should be asking themselves
questions about which environment will be best suited to the development of their full
potential. For both employers and recruits, asking these questions would ensure that there
is a meeting of like minds. Issues related to changes in mindset or retaining talent then
seem irrelevant. The best way to deal with a problem is to first avoid its creation in the
first place - prevention is better and less painful than cure!

What Corporate Recruiters Say

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 Each year, the Graduate Management Admission Council (GMAC) conducts a
comprehensive, global survey of employers who hire recent MBA graduates and other
graduate business students.
In the GMAC® Corporate Recruiters Survey, we ask, among other things, what
employers look for in new MBA hires, how they make hiring decisions, what qualities
they value most in MBA employees, and what skills and abilities they wish MBAs had.

Why Employers Hire MBA Graduates

Satisfaction with MBA employees and the skills they bring to the company remain high.
Almost all employers (99%) report satisfaction with their MBA employees, including 76
percent who are very or extremely satisfied.
What creates demand for MBA graduates? Why many employers pay a premium to hire
them? What skills and abilities differentiate employees who hold MBA degrees from
other employees? The majority of employers (75% or more) report that compared with
other employees at the same job level employees with an MBA degree demonstrate
higher or much higher abilities in

• managing strategy and innovation,

• strategic and system skills
• knowledge of general business functions
• managing decision-making processes, and
• learning, motivation, and leadership.

What does this mean for you?

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 While business schools will provide you the fundamentals of the business management
knowledge as well as technical or quantitative skills, don’t forget that communication
skills are as important to your job prospects as all the other skills you learn in your MBA
program. Make sure you develop good leadership and presentation skills; you could have
the best budget-management skills, but if you can't communicate well with your
colleagues and clients, your skills will be of no use to an employer.
Also, make sure that you pursue jobs in industries and companies where you are
confident you will be a good fit.

How Employers Hire MBA Graduates

In search of new candidates, the vast majority of employers used employee referrals
(80%) or their own companies’ websites for job postings and resume submissions (77%).
Six in ten companies (61%) recruited graduate business school students on campus.
Companies in the United States were more likely to recruit on campus than firms in other
parts of the world.

With current employee referrals being used by the vast majority of employers, access to
business school’s alumni networks—one of the many perks b-school Career Management
offices provide to MBA students—may become crucial in getting a job.

Work Experience is Critical for Success

Employers place a premium on graduates with MBA and work experience. The vast
majority of employers that hire graduating MBA students expect that new MBAs will
have some prior work experience and look for candidates with an average of three and a
half years of experience. Gaining work experience will increase your chances to get a
higher-level position and a better compensation.
While in school, consider internship opportunities. Some companies recruit interns on
campus (51%) while others offer graduate business student internships through other

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 means (16%). Companies reported that 36% of 2009 MBA graduate hires were interns at
their companies. In 2009, energy and utilities companies as well as high technology firms
were more likely than companies in other industries to hire their interns. Once you decide
on a career path and begin to look for the right school for you, make sure that as part of
your school search, you find out if a school offers internship opportunities at companies
in your desired field.

How Employers Hire MBA Graduates

In search of new candidates, the vast majority of employers used employee referrals
(76%) or their own companies’ websites for job postings and resume submissions (73%).
Six in ten companies (64%) recruited graduate business school students on campus.
Companies in the Asia-Pacific region and in the United States were more likely to recruit
on campus than firms in other parts of the world. Nearly one-third of employers (30%)
reported using social media for candidate sourcing and job advertising.

With current employee referrals being used by the vast majority of employers, access to
business school’s alumni networks—one of the many perks b-school Career Management
offices provide to MBA students—may become crucial in getting a job.

What Corporate Sector Expects From MBA Students

Every year thousands of students appear for the entrance exams. From the last few
decades the demand of management students rises at a very massive rate. Management
students hold a very important position in any organization. They have played a vital role
in handling various types of clients issues, resource issues, employees and employers
issues, company's goodwill and reputation issues and lots more. Management students are
on the middle of every task, they have act as joining point between employees -
employers and employers - clients. Organizational structure and multinational trends

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 makes all these responsibilities more complex that needs more planning and hard
working in an efficient manner.

Corporate world always lacks efficient and capable management employees. To meet this
demand top business schools of the world plays an important role where they have gain
excellence of providing wide verities of MBA degree courses, certification, post graduate
diplomas and other management programs. These top b schools also offers awesome
exposure to their students during their internship programs. Where they learnt how best
they can deal with international clients, fully utilization of resources, quality of timely
decision making, to know more about business skills, how to tackle ever changing trends
of international market. Though it is very hard to get complete track of complete market
one can get analyzes after reading past section of changed market. Therefore, pre
planning on the basis complete analyzing is very important, that makes your question
solved. Previous downfall of share market is one of the biggest and true example of
analyzes. In this you cannot track the whole market, only need to read the few moments
of the past situation and analyzes what is to be get in future and how.

All these types of cases can be find while studying in the top business schools where
student must enter after getting relevant experience so that student's mind should be
matured enough to understand the typical graphs of the ever changing trends of the
international business market. Student's previous academic and experience records has
played very important role in getting admission to top business schools of the world.
After completing education from any well reputed b school one can expect more than
enough from the corporate sectors, as it business market always welcomes efficient and
capable players of management.

Career Opportunities Facing MBA Students

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 Today's enterprises are governed by the criteria of competitiveness, innovation and
continuous improvement, involving the basis of its development, especially if you
envision an international perspective. Master the MBA Program and through a
participatory and practical training, you get the training, skills and management
techniques needed to know about managing a company executive to tackle business
challenges with an innovative future through knowledge of key areas strategic
management and organization. As is evident from the matters addressed in the MBA
master, suggests a focus on senior management to educate future entrepreneurs and
managers in key areas that any business organization should consider, always with a
perspective of international expansion and settlement.

Career opportunities With our Master in Business Administration you can do the roles in
the most strategic areas of the company finance, management, sales / marketing,
business... always under the company profile with regard to international expansion.

Reviews
The master is developed on an evaluation methodology practical. Along the proposed
master self-assessment process so that students can assess their personal performance
study. At the end of each module is proposed as a practical case the final evaluation
system.

Most MBA students are expecting better placement results this year, according to a
survey released by management portal MBAUniverse.com

With India’s economy surging out of global economic meltdown, the final placement
season at b-schools around the country has kicked-off. The b-schools around India are
expecting 2011 to be the best year yet in terms of final placements, as recruiters would be
pouring in with fat salary packages to hire the best management graduates.

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 Most of the b-schools around India have increased batch size this year. So far, the
response from the industry has been satisfying with large number of recruiters visiting
campuses.

The corporate management institutes will provide good employment and research
opportunities and also bridge the gap between industry and management education. The
main focus is on the employability of the students. They feel that there is a gap in the
industry demand and the management education offered by the bottom-of-pyramid MBA
institutes, which form the bulk of the MBA education sector. The focus is to bridge the
gap.

The faculty and administration of most graduate business schools are trained to deliver
the first outcome cited above, analytical skills, not the second, people skills, and they are
not about to retool in soft skills or abandon their tenured posts to those who have those
skills. if they even make the effort, of teaching soft management skills. Interpersonal,
people-management, and teaming skills consistently rank among those attributes that
employers find the least well-developed among MBAs, and these are the skills which
employers are least satisfied with when they have hired an MBA.

BENEFITS:

1. Development and honing of analytical skills with which to identify, analyze and

address business problems.

2. .Development and mastery of people-leading and people-management skills.

3. Development and deepening of life-long personal and professional relationships with

other students in the program.

4. Creating a model to measure the social value of a rural post office

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 5. Investigating with a venture capital firm appropriate methods of measurement for

investments into the charity sector

6. Developing a business and marketing plan for a community canal boat

7. Applying project management theory to the care and education of severely disabled

students

8. Producing future development plans for community services that have had council

funding withdrawn

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 CHAPTER-III

Conclusion:

The decision to pursue an MBA degree is becoming increasingly more complicated in

this era of unprecedented job opportunities in high-tech, pre-IPO ("initial public
offering"), start-up companies, and especially in a world that until recently was drowning
in new venture capital. However, the aggregate market for MBA students is likely to
remain strong into the foreseeable future. Employer surveys resoundingly attest to the
weaknesses of most MBA programs in delivering this important component of a quality
graduate business education

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 BIBLIOGRAPHY

Text Books

Websites:
• www.google.com
• www.freemba.com
• www.wisegeek.com
• www.wikepedia.com

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