Master of Business Administration or commonly known as MBA degree is one of most sought after courses in India. Management as a career is the choice of lakhs of youths across the country. Many graduates dream of joining MBA course after their graduation because of the fact that doing MBA offers better job prospects in India as well as abroad.
The perception about MBA or post graduate programs in management changed drastically since the advent of liberalization and globalization.
Booming Indian economy gave rise to new businesses and with that demand for skilled management graduates also increased. Colleges like IIMs among others produce brilliant managers from their stable. The good pay package associated with MBA is also a major turn on for many MBA aspirants.
Indian colleges offer several MBA courses. The types of courses offered are; Two year Full time MBA, Part time MBA, Executive MBA, Distance Learning MBA and Online MBA.
Full time is the primary choice of MBA aspirants because of the attached benefits like campus experience, project work, different assignments, summer and winter internships and better probability of campus recruitment. All these courses offer different specialization options like Marketing, HR, Finance, Operations, System, Logistics, Retail, International Business, Risk Management etc. Its up to the students to choose their major and minor specialization subjects.
With changing times, other MBA courses are also getting popular. Distance learning, Online courses etc are great options for people who can not afford to go for full time MBA because of monetary or time constraints. These other courses are very flexible in nature and offer several benefits to the students.
To get into MBA courses, one needs to get through the admission process. Most of the business schools in India conduct entrance tests followed by Group Discussion (GD) and Personal Interview (PI). Different MBA exams are CAT, MAT, XAT, SNAP, JMET, CET etc.