Thursday, 31 December 2015

Scope of MBA in International Business from Pune University

MBA in International Business is a postgraduate programme during which students are provided sufficient knowledge and training in international business. This degree is designed for the development of resources and capability of the managers globally. As international business program offers interesting carrier opportunities so it becomes an attractive carrier option for many management students.

If you are pursuing MBA in international business for the top colleges in Pune then you have bright future in international and transnational corporations. Now a day, every company is looking to adopt the money-making technique to expand itself in International market. In this present era of competition everyone is trying to adopt the money-making technique. Each and every reputed industry and organization are for the Graduates in “International Business” from the top colleges and universities in Pune to represent their company with sound and practical knowledge.

Professionals in international business from top universities in Pune are hired by topmost and reputed organizations involved in import export specially export houses, merchandisers, International finance, directorate general of foreign trade, state trading corporations, marine insurance companies, BPO involved in export import business, logistics companies, ports, directorate general of foreign trade, dry ports, special economic zones, shipping corporations, foreign exchange services, export marketing firms, customer relationship management, marine insurance companies.

Following carrier opportunities are for International business students:

International Trade Careers: If you are MBA graduate from top college in Pune then you can chose you carrier related to importers and exporters in the field of international trade. If you are inexperienced then international trade is a good entry-level option. You can start as the domestic importer and exporter and after that you can switch to an international role.

Financial Manager Careers: Those who are currently working in international financial management can create investment or cash management strategies for the reputed organizations. There is wide scope in financial management which includes controller and finance officer and insurance manager. To prepare you for these reputed positions, top universities in Pune offer international finance courses along with their MBA curriculum.

Information Technology Project Manager Careers: If you are choosing carrier as IT project manager then you have to join MBA program offering dual emphasis on international business and information technology. As an IT project manager, your focus should be on the budgeting and implementation of an organization's IT use.

Entrepreneur Careers: If you want to start a carrier as an entrepreneur after completing your MBA program in international business principles then you must have an idea for the new product or service than can be served globally. In the top colleges in Pune various programs are also offered designed to teach international entrepreneurship. You will have the big opportunity to learn to identify strategies and risks which an entrepreneur is going to face in the global business economy.

Management Analyst Careers: If you are looking for a carrier as management analyst after completing MBA in international business from the top colleges in Pune then you must know how to streamline operations and increase profits of organizations. During the MBA program you will learn how to help your business.

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List of Top MBA Colleges in Pune

Friday, 11 December 2015

Why Should You Go For MBA in Greater Noida?

Before saying much about Greater Noida, let us first understand what people actually think about MBA.

The two year of MBA programme is considered as an amazing aspect of life when asked by successful executives. Most of the time people think that after completion of MBA they will be getting a bigger paycheck. This is not true; the really big paycheck comes after a period of 10 or 20 years from working. Studying MBA is actually a kind of investment in which one is making himself skilled so as to make future decisions with logic and knowledge. The course is not all about money or getting a better job. It is about gaining and learning. The value of a decision cannot be calculated on bucks. If one is more passionate and wants to grow in life then MBA is definitely for him.

During MBA or PGDM in Greater Noida, you will be taught by the most qualified professors about such business concepts which can be applied not only in professional sphere but also in personal life. Here you will gain decision-making ability that will be a big help for today and for the future. The faculty is always ready to clear every doubt and there will be a good campus with classmates who understand you well and you understand them too. Another factor that makes pursuing MBA from Greater Noida feasible is that the business schools here are frequently visited by their successful alumni. The alumni are professional executives and even a short discussion with them guides the students better than any other factor. Another thing which is common in this place is visits from top companies themselves. Because of good infrastructure, road links and easy accessibility to the country’s capital Delhi, Greater Noida has a huge no. of companies that are setting up or already had set-up. The MBA colleges invite many of these companies in their campus. Their corporates share some of their experience, problems, and solutions which in turn prove beneficial to students. The representative of company hire skilled graduates in large numbers and even before the student completes final year of PG.

Colleges of Greater Noida (offering Master of Business Administration and Post-Graduation Diploma in Management) are the centers of great teaching which make their students skillful, knowledgeable and prepare them to take future decisions.

The list of top colleges in Gr. Noida offering MBA, PGDM and PGPM programmes are listed below:

The colleges of Gr. Noida offer on-campus study but few also offer distant learning. Apart from this, all the colleges here are either AICTE or UGC approved. Some of the institutions may require CAT/MAT/GMAT score cards before giving admission, but few conduct their own screening test for selecting candidates.

The MBA and PG diploma programs offered by the institutions in Gr. Noida are:

  • Master of Business Administration (MBA) in General Management
  • MBA in Financial Management
  • MBA in IT Management
  • MBA in International Business
  • MBA in Infrastructure Management
  • MBA in Biotech Management
  • MBA in Family Business
  • Post Graduate Program in Management (PGPM) in IT Management
  • PGPM in General Management
  • PGPM in Biotech Management
  • PGPM in Infrastructure Management
  • PGPM in Human Resources (HR)
  • PGPM in International Business
  • Post Graduate Diploma in Human Resources Management 
  • Post Graduate Program in Management in Financial Management
  • Post Graduate Diploma in Finance Management 
  • Post Graduate Diploma in Business management
  • Post Graduate Diploma in IT Management
  • Post Graduate Diploma in Biotech Management
  • Executive MBA (EMBA)

MBA or PGDM in greater Noida will give you a chance to

  • Stop and reflect on immense business issues
  • Make some lifelong buddies who will accomplish great things in their business careers
  • Realize how little you know about the world
  • Learn how to get serious work tension and overcome them together in a team of Type-A personalities
  • Know about the global economy too and not just your tiny world where you work
  • Interact with really challenging Professionals
  • Listen to college alumni who are accomplished executives
  • Rebuilt yourself
  • Learn how to manage people
  • Learn the way a professional speaks without hesitation in any environment
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Monday, 7 December 2015

Future Of An MBBS Doctor From A Private Medical College

MBBS is a very popular course in India, but sadly saying not affordable. Private MBBS colleges generally charges very high tuition fee, minimum 3.75 lakhs to 8 lakh, on top of donations. There are about 6000 medical students in 44 medical institutions of Maharashtra and out of these institutions 25 are private medical colleges. The medical institutions in Maharashtra are well known for giving the country skilled and diligent doctors.

It does not matter if the MBBS degree is from a private or a government college. The future depends on how you study and where you want to go i.e. what is your field of interest that decides you future. This life will give you plenty of option and numerous ways to choose you future.

Let us see few of the many options that one can try after completion of MBBS.

Start Working: You can stay in your own town and open your own clinic. You can also apply for some one’s family doctor. You could be hired in schools, colleges or other institutions.

Study and Earn Together: Though you can skip the above step and apply for a Post-graduation. Duration of PG course as you know, depending upon the field of your interest. In PG you will be going to a hospital for study, where working hours may be long and you will learn as well as earn a good sum of money side by side.

Move Abroad: If you are not tempted by the above-mentioned advises, then you can prepare for foreign medical exams and move out of the country, practice and continue your specializations abroad.

Something Not Advised: Going abroad is definitely not recommended because the country has a shortage of doctors. We need more doctors for our continuously growing population.

Following The Trend: You could be a part of the flowing river too. What is meant by this is that you can take up a job in any medical college, be a medical teacher and start preparing doctors like yourself.

If you have just started your medical studies, then get all your concentration in your studies and don’t bother about the future. It is not the right time to think until you reach the 4th year.

There is a stigma that the students of private medical colleges in Maharashtra are behind their counterparts of government colleges. But this is not true; we must accept that the students from private medical colleges are doing wonders. Among the PG exam crackers, the top students are always from a private medical background. The only thing that matters in the medical profession is the depth of your knowledge, understanding and grasping power.

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Saturday, 5 December 2015

10 Things You Should Know Before Joining a Hotel Management College

You have to be careful while taking admission in Hotel Management institutes. Following points must be kept in mind before selecting an institute to pursue hotel management studies: 

1. Research About The College
A research about the college is very important. You can obtain the best information by navigating to the website of the hotel management college. All important information regarding the location, culture and various other fields can be obtained from here.

2. Explore The College Departments
While going through the website, be on the lookout for tabs for both ‘prospective future students’ and ‘current students’. There's usually much better information for those already at the college than for those thinking they might like to go there.

3. Search The Admissions Area
Here you'll find out essential matters about the admissions requirements, application procedures, deadlines, and that all-important info about financial aid. You'll be able to guess if you can get in and, once in, whether you'll be able to afford the stay. 

4. Extra Curriculum Activities in College
Take a peek at the special programs at the college—for example, the first-year experience (FYE) course or freshman seminar, the honors college, the study-abroad program, and any community service ("service learning") and internship opportunities. These differ widely from college to college and can be a good gauge of the mission and focus of the college, as well as of how much one has to shed on such programs. 

5. Remember The Requirements 
Many colleges have a number of courses that you are required to take—sometimes called core courses or general education (gen.ed.) requirements. And if that weren't enough, there are distribution requirements—different areas of study (for example, humanities, social science, science, etc.) in which you have to take a specified number of classes. 

6. Check Out The Majors
If you have a field you think you'd like to learn about, it's important to check to see that the college actually teaches that area. You'd be amazed at how often some hapless student arrives at college only to find that it doesn't have the major he or she had planned on taking. 

7. Cruise The Course Schedule
Colleges have two kinds of listings for the courses taught. One is the course catalog, which lists every possible course offered at the school—a sort of history of all courses that have ever been taught. The other is the course schedule, a listing of the courses actually offered in a given semester. Concentrate on the course schedule. 

8. Assess The Atmosphere
Search for information or videos on internet that will give you a pretty good idea of the resources and facilities offered by the college. Look out for images of the infrastructure of the college like the buildings, labs, student center, stadiums, lawns, and food court etc. 

9. Go Clubbing
It's always nice to see the kinds of student clubs a college has. You might just be dying to join the club. And, even if you don't want to join in on the fun, the information will give you a better insight on what's going on at the school and what the students are like. 

10. Start The Conversation
Make a note of any questions that occur to you while surfing the website, then E-mail them to the appropriate office—admissions, financial aid, the undergraduate adviser in a particular department, or even an individual professor. Many university-folks are eager to reach out to potential students, and if no one answers your E-mail—well, that's a fact, too, about that school. 

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Wednesday, 2 December 2015

Executive MBA Variations in IIM and Non-IIM Colleges in Ahmedabad

The Executive MBA is a course of one year and some programmes may be 6 months more in some disciplines. The course specifically targets executives and managers of corporate sector. Every year, a large number students from India, even from outside India, look forward to taking admission in this program.

IIM Ahmedabad is among the top business schools in the world. The institute brings together and nurtures talented great minds and educates the future leaders of successful enterprises. The institute has been active from the last 5 decades and is now among the top B-Schools. The Economist ranked IIMA as no. 1 School in the world on the basis of opening up new career prospects for students and ranked 2nd when compared on the basis of career progression of its alumni.

IIM Ahmedabad

IIM is the top MBA College in Ahmedabad. The institute offers many executive programmes such as residential and non-residential courses. The fee of residential programs is higher as compared to non-residential programmes. IIMA every year gives a placement record of 100%. This institute also takes part in the student exchange program and has partnership with 60 institutions located in 26 countries.

Eligibility Criteria:

  • The CAT is conducted to take admission in IIMA‘s MBA program.
  • The applicants below 80 percent in matriculate and intermediate and less than 78 percent in graduation are not eligible for this course.
  • Candidates must have a bachelor's degree or equivalent from a recognized university
  • Candidates must have a minimum work experience between 2 and 10 years.
  • The candidate must be 27 years of age or above.

Admission Procedure:

CAT (Common Admission Test) is conducted every year for the purpose of selecting the best candidates for the MBA programmes offered at IIMs. This year an important change has been made i.e. the cutoff of graduation has been removed from the eligibility. However other rules are same. The CAT exam has the selection ratio of 1 from 100 and thus only 1% of candidates who have applied are selected. Let us have a look at IIM Ahmedabad Admission Criteria for CAT

  • The first level of shortlisting to be done based on CAT 2015 Score 
  • Calculation of Application Rating (AR) for every candidate who qualified above step
  • Application Rating Score: AR= (A+B+C) Normalized AR score of an applicant is equal to his/her AR scores divided by average of the top 50 AR scores from the applicants’ pool
  • Step 3 includes Shortlisting for WAT PI Round – Two Types – One for Exceptional performers, other one for rest of the students
  • First Type of Shortlisting (Only for Exceptional Performers) 
  • Second Type of Shortlisting (For non-exceptional performers)
  • Final Selection

The numbers selected in different categories will be in proportions given by government and mandated by law.

The FCS of a candidate who appears in AWT & PI will be computed as follows:

FCS = 0.40 (Normalized PI Score) + 0.10 (Normalized AWT Score) + 0.5 (CS).

IIM Ahmedabad Fee:

The fees and other related charges that a selected student has to pay is approximately Rs.8.88 lacks (excluding Laptop computer, personal expenses on boarding, travel, clothes and laundry).

NON-IIM Colleges in Ahmedabad

Apart from IIM, Ahmedabad also has a number of other institutions that offer executive MBA course at an affordable cost and most of them do not demand any aptitude test to pass.

Some of the prominent institutions of Ahmedabad are mention below:

  • Venkateshwara Open University (VOU), Ahmedabad
  • Wisdom School of Management
  • Indian School of Business Management & Administration, Ahmedabad
  • Optimist Institute (OI)
  • Karnataka State Open University (KSOU)

The above mentioned universities came up with the aim of focusing on the disciplines of marketing, accounting and finance and gave platforms of growth to the future business leaders.

The non-IIMs of Ahmedabad offer the course with duration of one year and provide PG degree after its completion. In come case the duration may extent to 6 more months because of projects and external study tasks. All these institutions are recognized by AICTE, UGC or DEC and few are affiliated from other universities like Jaipur national university.

Eligibility Criteria:

All the Non-IIMs follow the same eligibility rule. They ask for:

  • A bachelor’s degree from a recognized university or equivalent
  • An experience of 2 to 5 years and/or diploma

Admission Procedure:

Candidate seeking admission must first decide the preferred Non-IIM University and then go to the respective university’s websites to apply online.

Non- IIM Ahmedabad Fee:

The fee structure of Non- IIMs are definitely less than IIM but varies with the university. It ranges from INR 28,000 to INR 150,000 per year. For complete details, the candidate should go to the official websites of the particular university.

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Thursday, 5 November 2015

10 Things You Must Do Immediately After Joining MBA

At times, while pursuing MBA, students tend to invest all their concentration into studying and lose out on some necessary skills that they should inculcate, within the same period, in order to achieve an all-round development. This article aims to make MBA aspirants aware of the necessary skills that must be inculcated while doing MBA to prepare one’s self for an organization, entrepreneurship and much more.

Here are some important things you must do immediately do after joining MBA:

1- Start Following Business News: Try to read about startups, industries, businesses, government policies. This will help you to take right decision at right time. Greater insights about the latest technologies and business functioning will keep you alert and aware of the changes taking place. 

2- Prepare Yourself to Become a Successful Entrepreneur: MBA course helps beginners who wish to enhance their growth from primary level. This is an initial step to become a good entrepreneur which can help in running a successful business.

3- Start Participating in Events: Try to get involved in as many events as you can, this is a great way to enhance your knowledge and skills set at the same time. You can judge your potential and how well you can handle a situation.

4- Business Connections: Expand your contacts. Get to know more and more people involved in business field. Right business contacts can direct you towards the right guidance, internships and right jobs.

5- Diversified Service Careers Internship: During the MBA, choose to go for internships. Try to work in companies as much as you can. This will enhance your learning skills. Try to find more career options and find the job which suits you the best.  

6- Read Statistics and Economics Topics: Economics and Statistics are very much required for senior managerial positions and if you aim to get on one, be sure to be really good in these.

7- Enjoy Marketing Strategy: Marketing skills are vital in current business scenario. Try to get involved in marketing using marketing books, Marketing fundamentals, operations, accounting, and finance. 

8- Read Case Studies and About Corporations: Try to learn and read about companies and gain knowledge about different industries and their workings. It will help you during a job interview as it shows your diversified knowledge.

9- Focus on Learning Rather Than Just Scoring High Marks: During an interview or placement drive, your marks will only be useful to stay qualified for the interview but while in an organization your skills and knowledge are the things that will matter. So rather than focusing on marks focus on learning and understanding concepts. Your knowledge will fetch you marks automatically.

10- Enjoy Your College Life: Enjoy your college days because after college you will be in a different atmosphere altogether. You probably won’t have the same kind of people around you. So enjoy your college life to the fullest and build cherishing memories for the future.

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Monday, 26 October 2015

What Should You Do To Join IIM?

Indian Institute of Management (IIM) is the dream destination for MBA aspirants. The selection process for an IIM is an extremely rigorous process, which requires a lot of preparation. All of the IIMs follow 2 stages of selection process- written test (CAT) and GWPI (group discussion/written ability test/personal interview). Selection of the candidates depends on various factors such as written exam, academic background, work experience, reservation category, gender etc.

1st Stage: Qualify The CAT Exam: The first step to secure admission in an IIM is qualifying the Common Admission Test (CAT). CAT is a highly competitive exam that is taken by more than 2 lakh candidates. It is a computer based test held in India to facilitate the admission process to the Master of Business Administration Programme (MBA) in top business schools of India. This exam is conducted to analyze the skills of the students in areas such as English, Mathematics and Logical Reasoning. 

CAT consists of questions from Quantitative Aptitude, Data Interpretation, Verbal Ability and Logical Reasoning. To crack the CAT exam, you first need to analyze your strength and weaknesses and then start to work upon them. Verbal ability is the most significant part of CAT exam. The best way to prepare for this section is by reading books, magazines, blog, posts, novels etc. Divide your time during exam such that you would have the chance to read and answer as many questions as possible.

To get a call from IIM Ahmedabad or Calcutta, you have to score above 99 percentile in the CAT exam. The criteria for getting a call from IIM varies year per year, but the cut-off percentile always remains high. IIM Bangalore doesn’t have strict criteria for percentile cut-off. They generally consider your academic weightage and work experience. 
2nd Stage: Interview/GD: Interviews at the IIMs are generally taken by IIM officials. The officials can be faculty, ex-faculty and sometimes even alumni.  At IIM-A, the interviews are opposite to what people believe. The interviews are generally open ended and everything that interviewer asks you, is related to you or something you talk about. If you are experienced then it’ll work in your favor, but it can be against you if you are not prepared. 

For a Group Discussion (GD) round, be prepared for both sides of the debate. What will happen if everyone has taken up one side of the argument; in such a case you will not be able to make your stance clear. Even if not, taking up an opposite stand will help you stand out a little from the mass.  
Sometimes it doesn’t matter that you are experienced or not. Make interviewers believe that you are a good candidate and nothing can stop you. The most important thing you should know is that they are looking for a reason not to fail you, but select you.  

Monday, 19 October 2015

How Can You Make Yourself Employable in 4 Years of Engineering?

Thousands of students are graduating as engineers in India, but a sizable proportion among them don’t find jobs or are employed outside their core stream. Making a decision to go for engineering is a very wise decision but there are also very high chances of things going south if you do not make yourself employable between those 4 years. This passage enlists effective and simple tips with you can make yourself employable and get closer to a dream job after 4 years of engineering. 

1. Right Selection of Engineering College

It’s very hard to select the right institute or college but this is a very important determinant that will hugely impact on your employ ability skills. You have to choose the right college carefully after clearing engineering entrance exams. There are so many top engineering colleges in India. You can start exploring the right institute or college by

  • Learning more about the engineering colleges and the reputation and facilities offered by the college.
  • Answer questions to find what is more important to you.
  • Try to get valuable advice from college educators and students.

2. Brush Up The Skills
Always remember that every organization wants a right candidate for the right job, and current organizations are looking for the people who hold the critical thinking and problem solving capabilities. Becoming a good team player is a necessary talent that one must possess to lead teams.

3. Learning

Learning is all about wanting to learn newer things and acquiring modifying, reinforcing, existing knowledge etc. It's also about being able to take on new tasks and to develop or improve your learning skills.
These are some of the ways through which you can improve your learning capacity:

  • Join online courses
  • Try to do some research into learning skills 

4. Get involved in Extra-Curricular Activities 

Involvement in extra-curricular activities on your resume will put you ahead among others in a job interview. Your exploration of different subjects, language and other activities will help you to grab a job easily.

  • Get involved in various extra-curricular activities that will help you to improve your soft skills as well as team building skills.
  • Sports clubs and other social activities will help you to improve your leadership skills that are transferable to the business world.
  • Taking part in activities is best way to become more self-confident and overcome shyness.

5. Judgment Skills

Choosing a carrier is the most important decision for college students. Knowing the benefits of the course, your strengths and the skills you have possess will help you extremely in making a decision. Development of decision making skills is very important as organizations are in search of individuals who have exceptional decision making skills and can lead cross-functional teams effectively.
Here are some important tips that can help to take a decision:

  • Availability of jobs
  • Your talent and employ ability strength
  • Work environment

These are the major areas where you need to focus to make yourself employable by the end of four years of engineering.

Wednesday, 14 October 2015

Which is better MBA or PGDM?

The task of differentiating between an MBA and a PGDM degree often leads the aspirants of management studies into an undesirable conundrum. This article aims to differentiate between these two management degrees and help young aspirants develop an understanding of what both the courses have to offer and how beneficial they are.  

The eligibility criteria for most MBA and PGDM courses offered by different institutes/universities in the country are similar to a great extent. Both MBA and PGDM can be pursued by any individual possessing a bachelor’s degree in any discipline from a recognized university or institution. Exams like CAT, MAT, GMAT, XAT, CMAT, ATMA etc. are conducted to select suitable candidates for both the programs. 

Differences between MBA and PGDM:

While both MBA and PGDM offer higher education in the field of management studies, there are various factors that create a wide distinction between them.

The very basic difference between an MBA and a PGDM degree is that MBA can only be offered by a University whereas PGDMs are offered by autonomous institutes. In India, colleges offering MBA must have an affiliation to a university that is duly recognized by UGC. This is not so in the case of autonomous institutes offering PGDM. 

The affiliation to UGC necessitates the approval of the program’s curriculum by the UGC, which brings in the second difference – the curriculum. An MBA program follows a guidelines-based curriculum which remains very rigid and hence, provides very little room for flexibility and eccentricity. A PGDM program follows an industry relevant curriculum; it aims to make the students ready for the job market.   

The course curriculum plays a quintessential role in helping students deal with the business environment which they’ll be facing immediately after graduating. 

The business environment is dynamic and unpredictable. An evolving curriculum will help the students to understand, control and mould the turbulence arising in the business arena to their advantage. 

An MBA program, with its rigid curriculum, will lay most of the focus on academics and examinations, which is somewhat different to what a PGDM program aims to do. PGDM program follows an evolving curriculum (industry-oriented, to be precise), which aims to cultivate soft-skills in students. While MBA provides a holistic approach, PGDM offers a wider scope to master specific areas of management and understand its nuances. If the cost factor is taken into consideration, the fee for MBA programs is relatively lesser than that of PGDM programs. 

Which is better?

It depends on what one wishes to gain from the course. A PGDM course is beneficial to those who wish to specialize in a certain domain while an MBA program is beneficial for those looking for a general overview of the business administration. 

University affiliated colleges have established curriculum and have expert faculties on board to provide direction to the students while PGDM also offers eccentricity and wider scope for aspects like innovation, flexibility and specializations.

The employers only look out for talent possessed by the individual regardless of whether the degree pursued is MBA or PGDM. 

What actually matters more than the name of the degree is the reputation of the management schools awarding it. The institutes known for producing extraordinary talents are the ones visited by big multi-national business establishments. The top management schools in the country such as the IIMs, ISB, XLRI, MDI, MICA and IMI offer PGDM degrees which are highly valued in the industry. Even if the placement records are taken into considerations, institutes offering PGDM courses display a better picture, such as the ones mentioned above.

One must take all these points into consideration while deciding between an MBA program and a PGDM program.

Monday, 12 October 2015

Scope of one-year MBA in India

One year MBA programs have gained a lot of prominence in India in the last few years. Working professionals are increasingly moving towards opting for one-year MBA programs rather than going for two-year MBA programs offered at premium business schools. One year MBA programs are seen to be more appealing to the working professionals because in just a year they are given all the necessary training to take up senior managerial roles in organizations.

One-year MBA is a power-packed program which is very carefully crafted to expose students to the complex and dynamic world of business and help them explore and develop their managerial skills. The course moves extremely fast (faster than a regular two-year MBA) and this keeps the students to think on their feet. 

Advantages of one-year MBA program:

1. The experience earned prior to the commencement of the one-year MBA program is appreciated and accepted by the business schools. Since the schools give prominence to diversity inside the classrooms, it emphasizes on selecting individuals with the most diverse set of skills and experiences. This pool of diversity will increase the probability of exploring multiple nuances in the business arena.

2. Going for a one-year MBA saves up on the opportunity cost. Saving one year’s post qualification salary and early entry into work are the benefits of joining a one-year MBA program.

3. One-year MBA graduates are given a global exposure and are also hired for senior managerial roles with higher salaries, while two-year MBA graduates are often selected for entry level profiles such as management trainees because of the lack of work experience.

Limitations of one-year MBA program:

1. Students pursuing a one-year MBA program might lose-out on extra-curricular activities. Since the one-year program has the same curriculum as that of a two-year MBA program, the whole course is squeezed into a single year. This lays a lot of pressure on the students which results in minimum active participation in extra-curricular activities. 

2. The cost of one-year MBA program is generally higher than that of a two-year MBA program. Premium b-school Indian School of Business (ISB) charges about 25 lakhs for its PGP programme. One-year programmes at IIMs will also cost between 14 lakhs and 21.5 lakhs whereas the fee for two-year MBA programmes at IIMs (subsidized by government) is between 10 lakhs and 15 lakhs. 

Top Business Schools offering one-year MBA programs in India:

Thursday, 1 October 2015

10 Things You Should Know Before Joining An MBA Program

MBA aspirants are often seen confused about various things when it comes to choosing the right MBA program and the right B-School. The confusion crops from various aspects that one has to think of before joining an MBA program. This confusion often leaves the student indecisive which is usually succeeded by dropping the plan of going for an MBA or ending up at the wrong place years later.   

Therefore, having a sound knowledge about MBA and the numerous aspects determining whether or not to go for an MBA is a must. To pacify and bring some clarity to the worried and clouded minds, Kampuzz brings a list of 10 things one must know before joining an MBA program. 

1. Types of MBA Programs and Their Value in Current Market
B-Schools in India offer management programs with specializations in varied areas such as Marketing, Operations, Human Resource Management, International Trade and Business, Communications, Business Management, Healthcare etc. Before going for an MBA one must choose to go for the programme that best fits one’s personality. This is often confusing at first. 

Most B-schools expose students to different areas of management in the first year and then offer specialization in the areas preferred by the student in the second year. 
Institutes such as IIFT and MICA offer management courses in specialized fields like Foreign Trade and Communications. These courses have great demand in the market. Placement packages offered to the graduating students from these institutes are mind-blowing. 

2. Cost/Fee structure of the Program
The cost of doing an MBA program is high. Doing an MBA programme from good business school will cost you anything between 10 lakhs and 15 lakhs. 

Good business schools have arrangements with banks willing to extend educational loans to the students. This is extremely helpful for the students finding it difficult to fund their education. The pay packages offered to most MBA graduates cover the cost incurred over the whole duration of the program within a few years.

3. Background of the Faculty
Another determining factor is the faculty that the institute comprises of. What makes a business school worth all that hefty investment is the quality of faculty present in it. This aspect is rarely given a considerable amount of attention by MBA aspirants but a good research into the backgrounds of the present faculty will always be beneficial. 

4. Placement Record of the institute
This is perhaps the most researched criteria that MBA aspirants consider while deciding to join a management program. Placement records play a key role as it provides hints to the types of companies coming for the placement drive in the campus and the different job roles offered to the students. The institutes having good companies regularly visiting the campus for placements are the ones you should lookout for.

5. Alumni Network (are the alumni happy?)
Another important aspect to be taken into consideration is the answer to the question – ‘Are the alumni happy?’ This question will give you an idea about how successful the business school was in mentoring students and showing them the right career paths. Talking to alumni and currently enrolled students about their experiences in the institute should give you an insight to this question.

A good B-school will have a grand network of alumni and this network is beneficial for all students graduating from that particular B-school. Alumni relation is another important determinant.

6. Scholarships and Financial Assistance
Some institutes offer financial assistance to students from weak financial backgrounds and many institutes offer scholarships to meritorious students. MBA aspirants should lookout for such options which can ease a lot of pressure while pursuing a management program.

7. International Exposure
Student exchange programmes offer a lot of global exposure to the students. Before joining for any programme, one must take a note of the number of seats on offer for the exchange programme and the reputation of the institute/university collaborating for the same. Exposure to different cultures, mindsets and perspectives is a sure deal if the classrooms have presence of foreign students and faculties. 

8. College Culture
Before enrolling for a programme, one must also consider if the MBA college environment and culture is the one that suits you. You should ascertain whether or not you’d feel comfortable living in the environment offered by your college. Most b-schools have extra-curricular activities after regular classes which go on till midnight. This can create huge pressure on studies. Before joining an MBA program one must be very certain of his/her ability to handle the pressure that mounts up.  

9. Peers
Your peers in the B-School will have an enormous impact on the wholesome understanding that you develop during the duration of the programme. The more diverse the crowd is the more likely it is that you’ll develop a wider scope of understanding. Learning to overcome cross-cultural and linguistic barriers comes in handy if the campus crowd consists of students from different geographical areas. The diversity in the profiles of your peers also depends on their graduation streams, work experience and various other aspects.   

10. Pedagogy
The pedagogy is another important aspect that one must take into consideration while choosing an MBA program or B-school. If the school follows traditional or archaic methods of teaching, then the huge sum being invested by you is most probably going to waste. Business world is dynamic and unpredictable.  Newer and innovative methods must be used by professors to make future managers identify change and use it to their advantage. One must ascertain whether learning is just confined to classrooms or does it also extend to field work also, before joining an MBA program.  

Wednesday, 23 September 2015

When Distance MBA is Valuable For You

MBA aspirants are often stumped thinking about questions regarding MBA and amongst many bizarre questions lie an often seemingly trifling, but crucial one – the relevance of going for Distance MBA. Kampuzz decodes the ‘real value’ attached to acquiring an MBA degree through distance mode of learning.  

Distance MBA is acquiring management education through distance learning. The difference between a regular/full-time MBA and distance MBA is ‘the element of distance’. In distance MBA, students have the flexibility to study from anywhere-any time. They are not restricted by any means and can also work while studying. 
  • Benefits of Distance MBA to working professionals 
Working professionals will benefit significantly by pursuing a distance MBA programme. Individuals already working can maximize their area of knowledge and master new skills without compromising on their work front. A distance MBA program will help them to acquire a master’s degree in management while concentrating on their work. The distance MBA program will also help them to apply the newly learnt skills in real-world business/office environment. Instant application of the skills, learnt through the distance MBA programme, in real-life business scenarios will prove to be a great boon in future for the individuals opting MBA through distance mode. 

Many individuals also choose to go for distance MBA to gain promotions at work front. For getting promoted to managerial positions, requirement of an MBA degree is a prerequisite. In such cases, individuals choose a distance MBA over regular MBA to save time as well as money.  
  • Benefits of Distance MBA to students already engaged in studies  
The students already engaged in studies can also benefit from distance MBA. An MBA programme through distance mode will allow students to continue their regular studies and gain managerial skills and understanding through the flexibility that the programme offers. 

The value of a distance MBA degree also depends on the reputation of the institute that offers it. Since the course ware and coursework in a distance MBA course is largely similar to that of a regular one, the institute providing the degree matters a lot too. 

Some of the reputed institutions in India providing distance MBA programmes are Symbiosis Centre of Distance Learning (Pune), ICFAI Business School (Hyderabad), Indira Gandhi National Open University (New Delhi) and Institute of Management Technology Centre for Distance Learning. 

Pursuing MBA through distance mode of learning will also save up for your cost. For a regular MBA program B-Schools charge hefty amounts and students often end up taking educational loans with high rates of interest. The cost of the completing the programme through distance learning will be significantly lesser.