The salvation for most students feeling stranded at their current positions comes when they decide to pursue MBA. MBA offers great lift from the mid-level positions in any job. This is the dominant reason why the executive MBA programs are popular among working professionals. The growth opportunity after MBA is limitless. The scalability includes an elevation from a mid- level position to C level positions in any organization.
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So like thousands of others, you have also planned to pursue your further studies in business management? You also wish to do your mba from a top business school. Well, with so much competition and lakhs of applicants applying every year, getting admission in one of the top business school is not that easy. To get admission in a reputed business school, you have to create a unique application that shows unmatched leadership potential. You must be able to convince the admission staff about your potential and the positive difference that you can make with the mba degree in hand.
An MBA has maintained the prestigious position of being the most sought after course for quite a few years now. But especially in today’s age, with digitalization, and everyone wanting to become an entrepreneur, more and more candidates are opting to do an MBA at some point in their career. A business degree allows one with the necessary knowledge to either work in the corporate world or start- up their own business if one wishes to do so. In India, an MBA degree holds a lot of weight, by not just the student but parents and successful companies too. There is a big reason why one will find a lot of MBA graduates at many of the top corporate organizations.
Due to the massive popularity that this degree enjoys, India has the good fortune to house some of the best colleges for MBA in various parts of it. But before being lured in by the fact that almost everyone is doing this degree, one should consider exactly why they want to do for themselves. The competition regarding this degree is tough and most of the time, doing an MBA is only worthwhile if done from a good and reputed college, since it will have the best placement and one can be assured of bagging a high paying job. MBA is one of the most preferred post-graduate degree courses pursued by students these days. For all those students who wish to make their career in business management, going for an mba program after graduation is the best option. Every year, graduates not only from the field of business management, but other fields like arts and science, sit for mba entrance exam to get admission in the top mba colleges of India. This is because the amazing job prospects that an mba degree offers. It significantly boosts one’s career prospects and nowadays almost every industry need people who have a management degree in their hand. According to a recent survey done by management admission council, applications for the mba exam have increased in the past few years and are expected to increase further in the years to come.
Seeing this, more and more business schools are coming up with mba programs with specializations in various fields like human resource management, finance, marketing, and information technology. Out of these specializations, marketing has become one of the popular streams. Every year, thousands of students across the country opt for mba in marketing program, because of the lucrative career options that it opens. Marketing generates business for the company and to make sure company follows effective marketing strategies, marketing graduates are required by every company. Top employers look for students who have an mba degree, with specialization in marketing. Are you planning to make a career in finance? If the answer is yes, then the time is just right as there are amazing job opportunities in the finance sector. But before entering the business field it is important that you see whether you have the skills required to become successful in this area. Some people believe that having top-notch mathematical skills is all that you need to become a finance analyst. That is not true however. Being good in maths is just the tip of the ice-berg. Besides that, there are a number of other non-financial skills that are required to become a successful financial professional. If you are not able to learn them, it will be very difficult for you to make your mark in the in the industry. Listed below are the non-finance skills that you must master if you want to succeed in the finance business:
Unless you pursue MBA from University of Delhi, an MBA can easily cost you a few lakhs. And if you are studying from one of the best business schools, the cost is usually in the range of Rs 10-20 lakh. While one can get a student loan, and pay back the loan in instalments upon graduation from the B school, one still needs to think twice. But do you think an MBA from a top B school is worth the high cost? My answer would be a definite yes!
An MBA internship is technically your real entry into the world of corporate. Hardwork at the time of preparation, getting into a top college and earning good grades won’t be enough unless you can’t leave your mark in the industrial training. Most important factor of the internship is if you like it, you have to be good enough to convert it into a job. It is considered as some feat and will be glittering on your resume all through your career. Following are some quick hacks that will help you be successful in your internship. Treat It As If It’s A Job
The mistake many people make is not taking the internship seriously because they slack off thinking it’s just a college procedure. You might be living the college life still, but the months of internship you have to be on your toes all the time and not just work hard, but work harder than your competition. Reputation Is Most Vital Factor It’s still likely that erratic work won’t harm your career growth, but a bad reputation can leave you behind the others. Make friends, be on time and become a character who is the favourite of everyone. Versatility Will Take You Places It is taught at every top management college that don’t stick to your trade. In college too, you should not be rigid by just studying for the subject you want to continue your career in. Same way, perform every activity you’re asked to at office. Be patient and opportunities will keep arising. Feedback is gold When you’re at a college like IILM, one of the top 10 business schools Delhi, the teachers give feedback continuously and personally to help you improve at a steady rate. In the corporate however, feedback isn’t that easily given and you really have to look for it in order to get better and better. Almost every MBA aspirant has a dream school. And no, the top ranked college is not always everybody’s dream school. Different people have different personalities, perceptions, and dreams resulting in them making different choices. Regardless of which MBA school you personally favour, the following tips can help you: 1. Ace the entrances Acing the entrances is the first thing you must do. Different MBA colleges have different entrances and you need to prepare accordingly. Take coaching classes, study hard, be aware of the pattern of the exam, take mock tests and evaluate the papers- do everything in your capacity to ace the entrances. 2. Work experience matters
While work experience is not a prerequisite to gaining admission in one of the top MBA institutes in Delhi, it will definitely give you an edge over other candidates. During my interview round in an MBA college, I was asked to go work in the corporate world to really understand how it works before I made up my mind to do an MBA. While they did offer me a seat in the course, I took their advice seriously, and after working for 3 years, gained admission in an even more prestigious college later on. 3. Consistency and coherence The top colleges look for consistency in the applicants. Consistency not only in terms of your grades over the years, but also your thought process judged during group discussions/essays and personal interviews. For instance, if you have stated in your application form that you are hard-working, your marks over the years should also reflect that. Everything that you do or say or write should be tied together coherently to make the best case for you. Besides these, there are other basic points that every aspirant must be aware of. These include a great knowledge base, good communication skills, ability to reason etc. The best colleges offering MBA programs in Delhi have high expectations and hence in order to gain admission, you have to master all aspects. All the best! If you go online and search for professional benefits of pursuing MBA, you will find more literature on different types of MBA courses, colleges, career benefits etc. than you can possibly absorb in a few days. Everybody knows that an MBA degree from a renowned business school will help you get ahead in your professional life. But have you ever wondered if an MBA degree will help you get ahead in your personal life as well? Well, the degree in itself may not help you, but the struggles you go through in those two years would definitely teach you a lot about life. Let me tell you more. After college, I too like many others took a year off and sincerely studied for various MBA entrances. While I managed to get through the top MBA college in Delhi, I was oblivious of the difficult journey awaiting me. It started off on a good note, but I soon found myself overwhelmed due to the crazy amount of work, presentations, tests, case studies etc. given to us. I had been a procrastinator all my life, and found it difficult to suddenly transform my weak tendencies. There came a time when I just wanted to give up and flee. But stubborn as I was, I wanted to challenge myself and win over my weaknesses. With consistent efforts, and encouragement and support from my friends, I slowly started shedding the layers of laziness, and procrastination. The almost immediate results motivated me to work harder than I had ever worked. And then came appreciation- from my teachers, my peers, and my parents.
My MBA journey from one of the top management colleges in Delhi taught me many things. I gained managerial skills and business knowledge, honed my communication and presentation skills, and evolved as a team player. But more importantly, I learnt to prioritize, became tenacious and patient, and overcame my tendency to procrastinate. These life lessons will forever stay with me and help me wherever I go- be it a global organisation or another family. And I owe it all to the training I received during those two crucial years. So yes, an MBA education will certainly help you in your personal life. Cheers! When one thinks of school, or education, the first thoughts to come to mind, are books, notes and lengthy exams. Long classes, lectures, and more comprise of a class, especially when it comes to the more tedious and serious subjects. And all this is important and must be received in order to gain the necessary knowledge and learn skills. One might think they are boring, but in the long run, this classroom education is the first step, to learning anything. It is the first level of education, which will help people develop into responsible human beings who can take in the good teachings and also use them in their life. Knowledge and good education, is needed for any career, no matter which profession or industry one joins in, there are certain subjects one must have basic information about. But when it comes to the way of acquiring this knowledge, there are two ways one can do that, through theoretical and practical manner. The best MBA colleges in India will focus on and give adequate attention to both these ways of learning. Where the theoretical part teaches one the why aspect, it helps one understand how the technique works or fails, it works towards teaching one the different strategies, and how to create one of your own, it tell the history and how one has reached to the present. Theory essentially teaches through the experience of others. Whereas the practical part, is more about actually using that knowledge and putting it to use, by applying it in a real life scenario.
Many times, people don’t give enough attention to the practical part, and keep their focus on the theory, trying to memorize and cram for the exams. But if one takes any of the top MBA college in Delhi or in the country, then they will keep equal emphasis on both parts. One has to realise that just memorizing the facts is not enough. One must know, how to put them to a practical use, and this will make ne ready for the high stress environments. |
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November 2017
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