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MBA | Master of Business Administration
MBA is the Postgraduate degree awarded to students who have mastered the study of business.
Overview
The MBA degree opens opportunities galore. Many business positions require an MBA for development. For example, investment banking and management consulting firms hire numerous fresh MBA graduates each year at six-figure salaries (into the "associate" level while non-MBAs generally don't advance past the "analyst" level). At major consumer products companies like Procter & Gamble, Kraft and Colgate-Palmolive, hire MBAs as "assistant brand managers" into the brand management department which further advances to these companies' senior executives.
There are two kinds of MBA institutes in India
1. Few from which you leave with a pedigree (IIMs, XLRI and so on) and,
2. Majority institutes which offer just degrees.
The toughest challenge faced by the majority of MBA aspirants is evaluation the ranking institute which is made tougher due to lack of knowledge, insufficient publicity of all MBA institutes in India and abroad.
List of MBA Colleges and Institutes
Although numerous B school rankings may be published every year, it rarely if ever alters the recruiter's pecking order. Further more very few institutes help with best job posting. 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.
Many new sectors openings in retail, insurance, BPO, telecom makes more job opportunities. But the B school you graduate from often still determines what kind of position you would be hired for. Many companies follow differential recruitment policies. Better salary, designation and job profiles are offered to the more premium grads. Several reputed companies -- especially Indian ones -- prefer to recruit from less elite campuses. These MBAs, they believe, work harder to prove themselves and are far more loyal to the organization.
Available Courses in MBA Stream:
Eligibility
MBA in India
i) A pass in recognized Bachelor's Degree in any discipline of minimum 3 years duration
ii) Candidates who have already passed the above qualifying degree course and candidates who are appearing for the final semester / year examination of the said qualifying degree course during April / May 2010 may apply for admission to MBA degree program during 2010-11
iii) Candidates who have already appeared for and are having one or more valid CAT / MAT / XAT / GMAT Scores, need not Register for VTUMBA10.(Application fee Rs.750/-) Those not having valid CAT / MAT / XAT / GMAT Scores, MUST Register for VTUMBA10.
iv) Candidates short listed will be requested to take up a GD and Personal Interview.
US & Europe:
The basic qualifying exam for doing an MBA outside India (US, Europe, Australasia) is the GMAT (Graduate Management Aptitude Test) conducted in centers across India.
After you get your GMAT results, you need to apply for admission to specific institutes. There is normally no GD (Group Discussion) or Personal Interview process (like in India) - however, different institutes have different processes and criteria for admitting students.
Selection Process:
The most sought after institutes have their own independent admission processes.
However, all of them have a 2-stage process:
Stage 1: Written admission test.
Multiple-choice tests in Math, verbal, reading, logic & business awareness conducted in centers across India.
Stage 2: Personality Assessment
Those who qualify through Stage 1 normally proceed to two stages of personality assessment
Group Discussion : Your performance in a group, while discussing a topic of current importance, is evaluated by a panel of judges.
Personal Interview : You are interviewed by a panel of specialists. Read more about the interview process.
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