FAQs of MBA
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The advantage is that one does
not need prior knowledge or experience in computers or engineering to specialize
in Systems. Some of the best system consultancies and IT firms that recruit on
campus are PriceWaterhouseCoopers, Tata Consultancy Services, Patni Computer
Systems, Polaris Software, MindTree Consulting, Infosys, Wipro, etc.
17. Operations
as a Career Option
Manufacturing is one of the most
important areas for any product-based business. Management of large as well as
small manufacturing companies involves various production and operational
techniques and theories. These skills are especially useful for engineering
graduates. The focus of Operations specialists is not engineering problems, but
managerial implications of engineering problems. The specific skills required
are behavioural, technical, and statistical.
These techniques are largely
applied to manufacturing organizations. There are a few consultancies that work
with such organizations in this function area, thereby offering attractive
career opportunities to MBAs.
18.
Entrepreneurial Management
The range of career options for
management graduates is definitely more extensive than described above.
Entrepreneurship, for example, is an exciting, challenging, and rewarding option
(not covered above) that is gradually becoming popular among students. IIM-A
runs a special second year concise package for entrepreneurs, while other
schools also offer special courses.
Excellent business ideas and
sustainable plans enable funding from various venture capital firms in India and
abroad.
19. Nature &
purpose of MBA Entrance Tests
Most management entrance tests
are objective tests, which aim to test the applicants' "Aptitude". The scores
indicate which students are likely to do well in that particular course.
However, the test scores are not the only criterion for the final selection,
especially for the IIMs and other good institutes. Most of the institutes test
on two basic areas: Quantitative Ability and Verbal Ability.