Saturday, June 18, 2011

Top MBA colleges for best management studies

New challenges faced by companies and corporate firms require creative and practical solutions for growing their business. And, MBA (Masters in Business administration) training from a good MBA institute not only helps in analyzing the administrative working of business functions, but, also improves the ability to understand the organizational structure. Most of the MBA colleges offer courses in different disciplines like marketing, finance, human resource, accounting, business management, economics, entrepreneurship, information technology, e- commerce (e-solutions), risk management, operations management, global management and technology management. These courses are designed to educate the students in evaluating the demands of functional area and delivering the best possible reasonable solutions for solving any problem.

Top MBA colleges design their courses in such a way that business strategies and concepts are learned not just theoretically on paper, but also, develop the skills required for problem solving in practical life and day to day business operations. MBA colleges make their curriculum in such a way that involves rigorous training in developing the theoretical and practical skills of an individual to its maximum potential in handling the real life business situations. Theoretical skills involve studying of subjects like economics, accounting, marketing, finance, and operations.

On the contrary, practical skills are developed by possessing leadership, teamwork, ethical and communication qualities. This type of training is given by assigning group projects, reports, presentations and case studies to work on. This not only helps in attaining business education and skills, but also, helps in setting you apart from those who do not have such an expertise in your field. Also, the alliances and network that you create with your colleagues during the course gives invaluable resources and can help in your professional field even after the degree has been achieved.

There are a growing number of students who want to do MBA from top MBA Colleges. But, the level of competition requires a planned way of preparing for the entrance exams like CAT, XAT, FMS, MAT, IIFT, CET, SNAP, JMET and GMAT. The selection and admission in any top MBA college depends upon the marks scored in any of these entrance exams. MBA degree is considered to be the most sought after degree because of its high salary potential and innumerable career opportunities in various fields. Most of the companies look for MBAs for high level managerial and executive positions.

MBA done in accounting covers the analysis and application of accounting data, auditing, tax research and accounting information systems. Most of the MBA colleges offer MBA courses in finance which involves training with specialist skills and knowledge of business related finance. Where as, marketing MBAs are given the knowledge of consumer behavior, market research, target audience, strategic planning, marketing campaigns, analysis of demand, consumer relations, advertising and other marketing related areas. For gaining knowledge and skills of both computer system technology (IT) and its relationship with business management, MBA in computer systems should be a preferred choice. Global management MBA degree covers core aspects of dealing with international companies, employees and agencies and planning of strategies and vital areas of business management and administration.

3 comments:

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