MBA is one of the most sought-after degrees among students in the world. The MBA program is recognized worldwide and is considered as a major step towards a successful management career. Have you ever thought what MBA is all about? Is it just a degree that helps you add an extra column to your CV, or helps you climb up the ladder or helps you increase your bank balance? Yes, it does all the above and much beyond. MBA education goes beyond classroom teaching and helps in the holistic development of an individual. It also helps in building your network, skills and brand. Soft skills of leadership, ethics, team work and communication become the driving force of your life. Education in management has two aims:
- Firstly, to increase the understanding of the factors which influence the conduct of organizations and
- Secondly to provide students with the tools and techniques which they may use to influence organizational life.
The most important question that most of you are facing is whether an MBA is a must after engineering? Today we see that 70-80% of the students appearing for the Common Admission Test (CAT) exam are engineers and in most of the cases it is not even a well thought decision but an act of going with the flow. Today, MBA has carved a niche for itself in almost all the professions of the world. Ideally speaking it is always good to have master's degree because a single degree in today's time of tough competition is not enough. Before choosing MBA as a career you should do an analysis whether it is the career for you to opt. You can start by asking yourself questions like:
- Do you have the leadership traits?
- Are you a team player?
- Do you have good communication skills?
- Do you have the ability to do multitasking independently?
- Do you have convincing powers?
If the answer to these questions is an emphatic 'YES', then MBA is definitely the career for you. Types of MBA:
- Two-Year, Full-Time MBA
- One-Year, Full-Time MBA
- Part-Time MBA l Executive MBA
Admissions: Admissions to various MBA courses are made on the basis of:
- Academic performance
- Performance in Entrance Test (where ever applicable)
- Performance in Group Discussions
- Performance in Personal Interview and
- Work Experience ( for Managers)
Entrance Test: The first step for an MBA aspirant is the entrance test either carried out at the National Level, State Level or the Institutes level. These entrance tests are designed with a view to objectively measure the aptitude of the candidate, and the general skills as expected of a would be manager/ organizer. The entrance tests are of multiple-choice type, where each question is provided with multiple options / answers (generally four choices). Various MBA Entrance Exams:
- National Level
CAT, XAT, MAT, JMET, NCHMCT-JEE, IIFT, ATMA, CEMAT, GMAT, E-MAT, OPENMAT, BIMTECH.
- Other Institutes
BITSAT, FMS-Delhi, IBSAT, ISB, IRMA, NMIMS, TISS, SNAP, TAPMI, MICA.
Each state will also conduct separate MBA entrance exams for admissions into various MBA colleges in their respective state. And to pursue MBA in Andhra Pradesh: ICET. Engineering graduates are eligible for taking all the above Entrance exams. (Specializations, B-schools and career prospects in the next edition)
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