MBA from India and Abroad
MBA is a word that we hear almost every day and everywhere, it’s a familiar word. People generally have some idea about an MBA; something along the lines of the course being a course for a career in the corporate world. But that is not true. A degree in MBA can open doors to a lot of job opportunities, not just the corporate world.
In this article, we will look at what is an MBA, how it can help in our career, what colleges should we consider for an MBA, how should we apply for those colleges and what opportunities an MBA degree can bring.
Expert Guide
Shri Anupam Raghuvanshi is a career counselor, mentor and motivational speaker. He is an alumnus of National Council for Hotel Management (NCHM), University of Delhi and The Indira Gandhi National Open University (IGNOU). He’s the recipient of the prestigious ‘PRERNA Fellowship’ at IIM Lucknow. He has worked with the Indian Tourism Development Corporation, Japan International Welfare Association, PRATHAM, The British Council, UNICEF, and T.I.M.E. He is the first TEDx Speaker from Varanasi, Uttar Pradesh. This article is based on a live session on “MBA FROM INDIA AND ABROAD” conducted by the Shashi Dream Foundation as an initiative aimed at helping children in need with career guidance. The speaker on the session is Shri Anupam Raghuwanshi.
Sir shared his views and experiences with the students and enlightened them with his knowledge and expertise in this field.
The complete session is available on SDF’s Instagram page. Check out the full session of our Instagram now👇
Instagram: https://www.instagram.com/tv/CCJKhuonVR3/?igshid=19habk0jtur91
and on YouTube: https://www.youtube.com/watch?v=ksiXQvi8s78&t=5s
WHAT IS AN MBA?
MBA stands for Masters in Business Administration. It is an internationally-recognized degree that helps developing skills in business and management. Looking at how globalized economies are today and how markets have expanded greatly, doing an MBA from the right place can be very fruitful. An MBA from a recognized and well-known institution can land one in very high positions with high stipends. It is a degree that not only requires hard work but also a developed personality.
Any venture — profit, non-profit, government or private — generally has three main departments that are, marketing, finance and human resources. An MBA provides theoretical knowledge and practical learning specializing in these three departments. Hence, with an MBA one can explore whatever fields they like. From airlines to media companies to corporate to NGOs, all require people to manage their marketing, finance or human resources and an MBA specializes a person in exactly that.
What one learns in an MBA?
ELIGIBILITY CRITERIA FOR APPLYING FOR AN MBA
An MBA is a very sought-after degree and hence the selection process is very strict and challenging. The eligibility criteria for MBA in India are very different from MBA abroad.
In India, applying for an entrance for an MBA does not require any previous work experience.
● The candidate for eligibility should have a minimum of 50% marks or equal CGPA in graduation from a college recognized by MHRD/AICTE or UGC. For the reserved category — SC, ST, PWD candidates — the minimum marks in their Bachelor’s is 45%.
● Final Year Students can also apply.
● Entrance exam scores.
● For generals in IITs 60 percent and 55 percent for reserved category.
Upon fulfilling this criterion, students can apply for the various MBA entrance exams in the country.
Eligibility criteria for MBA abroad differ from country to country and college to college:
● Most Ivy Leagues or top business schools, require minimum 3 to 4 years of work experience.
● A Bachelors’ degree with a recognized university
● GRE, GMAT scores
● For non-native English speakers, English proficiency certificate scores — IELTS, TOEFL
SKILLS REQUIRED
ENTRANCE EXAMS FOR MBA IN INDIA
Top government colleges for MBA in India
Top private colleges for MBA in India:
ENTRANCE EXAMS FOR MBA FROM ABROAD
Top colleges for MBA from abroad
JOB OPPORTUNITIES WITH AN MBA
MBA opens up options to explore career in many fields.
TOP RECRUITING COMPANIES
Depending on which college you have done your MBA, these are top recruiters:
MBA is a fruitful investment in your career and it is a great college program to explore your skills and personality. This article is just a gist of the live session conducted by Shri Anupam Raghuwanshi.
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