:-about Mba:about Mba Career Opportunities After Mba There Is Unprecedented

:-ABOUT MBA:ABOUT MBA CAREER OPPORTUNITIES AFTER MBA There is unprecedented competition in the marketplace today. The need to understand consumer desires and cater to them has become the norm for existence and survival in business. Thus, the necessity for enterprising managers with a global vision arises. Management education has received a great boost in the post-globalisation era. Premier institutes have descended upon the scenario with programmes aimed at

carving out well-rounded personalities who can confidently walk through the portals of the corporate world An MBA is a post graduate degree in business communication. MBA stands for Masters of Business Administration and is a very popular course for business students the world over. The MBA program is recognized worldwide and is considered as a major step towards a successful business management career. An MBA degree is one of the most sought after degrees in the world because of its value to people in business and administration. Irrespective of the industry or profession that you are in, or regardless of the condition of the economy of your country, an MBA degree can benefit those in positions in business and management, especially

those in executive and managerial positions. An MBA program strives to equip its students with all the necessary knowledge, theoretical as well as practical, which can benefit them tremendously in managerial and administrative jobs. This does not apply only to business, as is usually understood by most people, but can also benefit people to get into executive positions in the public sector and government jobs as well. This gives the MBA degree a global appeal and worldwide recognition. Since its inception in the early 1900s and especially in the last two decades, the MBA program has evolved tremendously and has witnessed the following trends:

Programs of shorter duration as a result of the highly competitive mature of the education industry and also in a bid to make the course less expensive, while at the same time not sacrificing on the quality of the course and the value of the MBA degree Functional areas of management comprise Human Resource Management, Operations Management, Marketing Management, Information Management, Financial Management, Strategic Management and Organisational Behaviour. At the end of an MBA programme, the graduate emerges with an upper level knowledge of functional managerial and business issues as well as new conceptual skills ready to meet the demands that are set by the competitive business environment.

However, in addition to developing strong technical skills, today’s managers must be able to influence people, interact with a broad spectrum of colleagues, customers and suppliers; and negotiate with individuals from all walks of life. They must know how their company relates to competitors in both the micro and macro business environments.

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OR MBA:Career in Vogue: Masters in

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OR

A Master's in Business Administration (MBA) is an advanced degree offered by most business schools to college graduates who

(preferably) have had a few years of work experience. Both the quantitative and qualitative skills taught in MBA programs are qualities that are in high demand in the real business world. If you decide not to pursue an MBA, it is possible that you are making a decision that will hinder your future success in the corporate world. There is also a substantial gap in pay between those with MBAs from top schools, and those who graduate from

lower-ranked institutions. Because the stakes are so high, seeking expert advice and meticulously preparing your application are essential for your future success at a top business school. Interacting with a network of well-trained and educated business contacts while in school is excellent practice for your re-entering the business world full-time post MBA. Working closely with others and finding common ground

with your fellow students provide you with training for any future positions with much higher stakes.

OR MBA An Overview

The MBA degree opens up worlds of opportunity for its bearers. Many business positions require an MBA for advancement. For example, investment banking and management consulting firms hire large classes of newly minted MBAs each year at six-figure salaries into the "associate" level -- those without MBAs generally don't advance past the "analyst" level. At

major consumer products companies like Procter & Gamble, Kraft and Colgate-Palmolive, MBAs are hired as "assistant brand managers" into the brand management department -- those without MBAs are generally not eligible for the department. And it is from this function that these companies' senior executives are generally drawn. There are two kinds of MBA institutes in India -- a handful from which you leave with a pedigree and the vast majority which offer just degrees. In the first category lie the IIMs, XLRI and, to a lesser extent, FMS and Bajaj -- the institutions which pioneered the concept of management education at a time when the IAS was a far more wanted career path. In the second lies a vast array of institutes -- the good, the mediocre and the dubious. Evaluating the value proposition in the latter category is the daunting task faced

by the majority of MBA aspirants. Although numerous B school rankings may be published every year, it rarely if ever alters the recruiter's pecking order. For 'class' or the jobs requiring brainwork, it's a select few institutes. For 'mass' or the groundwork jobs, it's down the B school ladder. And how low down this ladder a company will go depends on how many fresher it requires. With so many new sectors opening up -- retail, insurance, BPO, telecom -- it would seem the job pie has grown exponentially. True, except that B school you graduate from often still determines whether you eat your slice at the chairman's table. Many companies follow differential recruitment policies. Better salary, designation and job profiles are offered to the more premium grads. But, in an ironic twist, one man's Cat can be another's Dog. Several

reputed companies -- especially ndian ones -- prefer to recruit from less elite campuses. These MBAs, they believe, work harder to prove themselves and are far more loyal to the organisation. It's a different thing that, given half the chance, the same MBAs would jump to join the very MNCs that won't touch them

Why Consider MBA?

Companies should seriously consider MBA if they believe they could and should be doing a better job tapping the full potential of their employees' knowledge, experience and skills in accomplishing the organization's objectives. This belief may have arisen due to problems related to sales, product/service quality and delivery, after sales service or any of the other aspects of the organization's

operations resulting in less than optimal profitability. To the extent that these problems are rooted in "people problems", they may be the result of employees not caring about their job or the company, being unwilling to go the extra mile or take responsibility for their actions, and poor teamwork or cooperation between different teams and departments. Such employee attitudes and behaviors are typically rooted in poor communications and a lack of mutual trust and respect. In situations where communications, trust and respect are lacking, particularly between management and employees, companies invariably experience "people problems" that cause needless expense and reduce profitability. MBA is uniquely designed to address these issues. Nevertheless, companies cite a variety of reasons for adopting MBA:

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Need to improve the company’s performance: When management concludes they need the active help and involvement of the entire organization to improve the company’s performance.

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Need to turnaround a negative culture: When management feel their efforts to move the company forward are being de-railed by a lack of real support or cooperation among the employees.  Realization that there has to be a better way: When management recognizes they no longer could or should carry the entire burden of responsibility for the company’s success or failure on their shoulders alone.

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Belief that you get what you give: When management believes employees respond to a good work environment, challenging

opportunities and an equitable compensation program by being more productive.

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Desire to give something back to the employees: When management wants to reward employees by offering them a share in the company’s financial success and by providing them with opportunities to further their careers. Many MBA companies appear to have been relatively enlightened in their management practices prior to adopting MBA but, for a variety of reasons, failed to tap the full potential of their organization’s capabilities. It’s the integration of the various management practices or components of the MBA system and the discipline demanded by the system that has the power to bring about the culture of ownership and enhanced performance.