The MBA degree from any prestigious business schools is considered to be one of the most sought after degrees in the world. It is a recognised brand in itself that equips students with management and leadership skills to face challenges in the real business situations. There are a growing number of students who look forward to MBA admissions by giving entrance exams like CAT, XAT, FMS, MAT, IIFT, CET, SNAP, JMET and GMAT. The selection and admission creteria depends upon score in the entrance exams. MBA degree is required for most of the executive and senior level management jobs, and so, the salary potential is also quite high. MBA graduates are eligible for various business, marketing, human resource and sales executive jobs, which are otherwise, not been offered to those who hold any other diploma or degree qualification. Therfore, the scope and demand of MBA in india is quite high among students.
Basic type of MBA programmes include:
• Two-year (full time) MBA programme- It takes place in consecutive two academic years.
• Accelerated MBA programme- It is a variation of two year course, except that there is no three to four month summer break, but, flexibility of breaks during semesters.
• Part Time MBA- Part time MBA classes held on weekday evenings or on weekends and generally takes around 3 years in completion.
• Executive MBA- This programme is designed for professional managers and executives for further learning of management skills.
• Distance learning MBA- This programme is designed to hold off-campus classes in different formats like: correspondence courses amd email or postal mail, by broadcasting videos, by teleconferencing or videoconferencing.
• Dual MBA- This programme combines MBA with other degrees like MS or MA.
Students can pursue MBA in india in different disciplines like accounting, business management, e-commerce, economics, entrepreneurship, marketing, finance, global management, human resource, information systems, operations management, risk management and technology management. MBA courses makes the students understand the functional knowledge of business organisation and develop problem solving approach. The courses are designed in such a way that helps in developing inter-personal skills and ability to adapt to new enviornments. Apart from the theoretical knowledge of management, MBA courses also helps in developing communication skills, ability to work in teams and over all personality development.