Wednesday, July 27, 2011

Benefits of Being an MBA in India

With the growing demand of managers in various corporate companies and organisations, the institues offering MBA degree has also gone up in the last few years. MBA in India is one of the most prominent career choices of students for pursuing their post graduation studies. As a result of the growing demand, more and more MBA schools and management institues are coming up in India and a growing number of students look forward to MBA entrance exams like CAT, FMS, IIFT, XAT, CET, MAT, SNAP, JMET and GMAT. More than thousand management insitutes offer full time MBA courses in India and adding to its list are distance learning programs, online MBA programs and part time executive MBA programs which are also offered by many MBA institues. Several B-schools in India offer specailization MBA courses in finance, marketing, human resorce, operations and other fields. However, niche MBA programs in communication, fashion technology and hotel management are also offered by many management institutes. Since, MBAs are required for most of the executive and senior level management jobs, the salaries offered to MBA graduates also depend on the credibility and goodwill of the institutes they have passed from.

Many students from abroad are taking MBA admissions at leading Indian business schools because of the country’s fastest growing economy. MBA courses in India not only aimed at widening the understanding areas of marketing, operations and organizational structutre management, but also, aim at providing knowledge for other management issues related to strategy and corporate planning and culture. MBA institute in India make their course curriculum in such a way that rigorous training is involved in the development of theoretical and practical skills to its maximum potential in handling the real life business challenges and situations. Studying of subjects like economics, accounting, marketing, finance and operations are involved in theoretical skill enhancement. And practical skills are developed by possessing teamwork, leadership, ethical and communication qualities.

Many people appearing for GMAT exam also go for CFA entrance exam. CFA (Chartered Financial Analyst) is a much focused program aimed at investment management or equity research type careers. The MBA program on the other hand allows choosing courses that give you a specialization in a particular field, but is still more like a generalist course. The CFA program has importance in the asset management industry, where as, an MBA program is more for investment banking or business in general. If anyone wants to go into the investment banking field, then CFA degree is not required. In short, CFA course aims at giving the technical skills to succeed in investment management, while MBA program prepares for a wider range of challenges in the business and corporate world.

For people who have finished their graduation and would like to pursue a career in finance, Chartered Financial Analysts (CFA) and the Chartered Financial Planners (CFP) are two of the most coveted finance courses which can be undertaken by the candidates.

After the completion of CFA and CFP courses, the candidates seek Financial Certification with the aim to get better jobs and for being better entrepreneurs.

1 comment:

  1. JRE will broaden the outlook of the students through the delivery of AICTE approved postgraduate and undergraduate programs viz. PGDM equivalent to MBA and B.TECH. The B.TECH course of JRE is affiliated to Mahamaya Technical University (MTU). MBA colleges in Delhi, AIEEE Counseling

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