FAQs of MBA
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1. How does an
MBA heIp me?
The essence of management
education is to help train one for a managerial position. Being a professional
qualification, MBA 'adds' to an individual's skills and knowledge gained from
the basic graduate or post-graduate degree, thereby enabling him/her to
contribute professionally as a manager.
An MBA today is a popular post-graduate program because it provides well-paid
jobs and a secure future.
In the current global economic
scenario, the reach and scale of operations are a necessity as companies are
diversified and multi-faceted. This increases the scope of an MBA substantially
as an MBA helps a person in understanding not only the structure and operation
of a business but also in inspiring others in leading the cause of their
organization. The 'MBA experience' is a foundation for undertaking leadership
roles throughout an individual's career. It is an alternative route to exploit
the full potential of an individual as it improves his personal value by
extending his ability and reach.
2. Reasons
contributing to the popularity of MBA
Some of the reasons contributing
to the popularity of MBA are: -
MBA has become an entry-level
qualification in most organizations today. Students from any stream (Arts,
Science, Commerce, Engineering, Pharma, etc.) are eligible.
Ordinary graduates face
professional stagnation within a couple of years in many organizations.
Companies consider performance, along with a professional qualification, a prime
contributor for an employee's promotion. Hence, MBA helps graduates with work
experience break corporate growth barriers.
3. What are
the specializations available in most B-schools? How do I choose a
specialization?
While the list of specializations
offered by management institutes is expanding each year, the broad areas that
students can specialize in are: -
Marketing
Finance
Human Resources (HR)
Systems
Operations
