Friday, August 22, 2008

MBA

MBA, the Master of Business Administration encompasses all aspects of Business Administration.Lot of students, who enroll for the MBA programme, do so for placements alone. Placements, no doubt are important , but are certainly not the only reason why you should get an MBA.Students believe, colleges will use some magical wand and change them, which will help them get jobs in the excess of 8- 10 lakhs a year as a starting salary.
All colleges will do provide; the necessary infrastructure, the best of tutors, and a good library. But at the end, the accountability for your learning is yours!
A lot of students who do not know where their interests lay, in such cases, a MBA programme work very well for such students. Those who have not made up their minds on the areas of their specialization; they have no need to worry. They can begin with the programme and take a decision on the specialization, as they go deeper into the programme. This way they will know their interests and then pursue a qualification in their area of interest. What is most important is that you enjoy your work, if not, the work becomes very boring and you start becoming ineffective.A lot of people just show up for work and they believe they will become successful. They turn up for work today only because they went to work yesterday! They may survive in today's dynamic world, I have my doubts, but they will definitely not be successful.
Here are some of the reasons why people do MBA:-
  1. Start their own bussiness.

  2. Be an investment banker.

  3. Be a venture capitalist.

  4. Be a consultant.

  5. Earn loads of money.

As there is difference between engineering from IIT/BIT/NIT, same is the case with MBA.

There are more than 1400 B-Schools in India, but 95% of them dont really matter,yet the number is increasing. Y? This happens because the growing demand for management education in the country.

According to surveys conducted by various private organisations, NGO's and bussiness magazines the B-Schools in India are categorized into three categories:-

  • Cluster 1- IIM(A/B/C/L),XLRI,ISB
  • Cluster 2- IIM(I/K),IIM-Shilong,FSM
  • Cluster 3-Other colleges like IITD,JLBM,IIPM etc

Cluster 1 and cluster 2 colleges are the best to get in for fresher,but you need to clear CAT,98-99 percentile is required for fresher and for person with 2yrs experience 95-99 percent will get it.

So best of luck n remember

We have just one short at this game called life. And the stakes are too high. You have to make it! If you want to succeed, double your failure rate, because failures are the pillars to success.


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