Thursday 29 March 2012

Business Management College

Finding an ideal business management college for post graduate studies like MBA, MMS or PGDM, PGDBA can be a bit tricky. Not because there is no choice of course, but on the contrary for the reason that there is too much choice. There are business management institutes and colleges springing up all over the country, especially in the last few years. There was a time when everyone knew the top colleges that provided a management degree or courses related to the field, whereas these days you end up hearing some new names on the block. So how does one choose which college to trust with his or her future? After all, this type of education defines future aspects such as the career path, the pay package, the segment of the business market, and standard of education and in turn knowledge. The best way to choose the right B school for further education is by finding answers to a few questions. Some such questions are noted below.

Where do you wish to study?

For students living in cities like Mumbai or Pune, this is an easy one. But in case you are from a small town that does not have a celebrated management institute or B school, you may want to consider moving out for such education. Many students take the wrong decision by pursuing their MBA through a unknown college and repent when they cannot keep up with the competition, while having spent equal amount of money and time to acquire the same degree.

How much are you ready to spend?

This is very important, as not all students are privileged. If you are career oriented and a good student, there are ways to work around this problem. Many celebrated B schools offer scholarships or freeships and monthly payment schemes for students that show potential and are worthy. Another option is to take up an educational loan from a leading bank that can be paid back once you are employed. In case you need to finance your education through such means, it is all the more crucial to strive acquire admissions in one of the best B schools in the country.

What type of learning are you interested in?

There are more than a thousand institutes in India that offer full time management programs, distance learning management courses, online Masters in Business Administration, as well as part time executive MBAs or Part Time Masters Degree in Management. It is up to you to decide which one suits your needs. While part time executive MBA is most popular among working professional that want to further augment their career growth, most fresh graduates prefer the full time management courses.

What courses do you want to consider?

This is where things get a bit tricky. The options are plenty, like Post Graduate Diploma in Management (PGDM), certificate in Management, e-empowered Management & Business Administration (eMBA), Masters in Management Studies (MMS), Executive MBA or Part Time Masters Degree in Management (MHRDM / MFM / MMM / MIM), Advanced Diploma in Pharmaceutical Business Management (ADPBM), MBA, Post Graduate Diploma in Foreign Trade (PGDFT), and many more. Hence, the best approach would be to search according to your interest or aptitude. For example, if you are interested in television journalism or production, the ideal PG course for you may be ADMM, which is an Advanced Diploma in Mass Media with specialization in Advertising or Journalism or Entertainment. On the other hand, if you are looking for a thriving career in the field of marketing, an MBA/MMS/PGDM with Marketing specialization may be perfect for you.

Remember that picking the right business management college is going to be your very first step towards success, so take your time to pick and choose. And once you have your admissions, work hard to make the best of that education for a bright future.

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