MBA Admissions

Many students decide on acquiring a Masters in Business Administration without giving much thought to the outcome. They no doubt become capable of handling any work or life situation, but some still wonder about their purpose, career path or interests. Even though the current MBA admissions process allows B schools to assess aspirants in many different ways through written tests, academics, personal interviews, group discussions, psychometric test and work experience, many bright and worthy students fail to impress and secure admission in some of the top management colleges in the country for a number of reasons. To make sure this does not happen to you, before you even start preparing for your written entrance test, do the following.

Review your strengths. Take a pen and paper to jot down your skills, goals, abilities. If you can’t easily come up with points, use questions to give you the right answers. Ask yourself why you want a MBA/MMS/PGDM degree, do you have anything in common with business professionals, who do you aspire to be like, what field are you interest to work in, what values are important to you, what motivates you in work and life, and the like.

Decide a career path. You are at an extremely critical stage in your life. This is the best time to decide what industry you want to work in or what you want your future to be. Remember that most full-time MBA/MMS/PGDM programs will not give you the time to think about this once you start your classes, nor will most allow you the opportunity to change your mind. If you know the industry you aspire to be a part of or have a career plan in mind, it can also help you choose the right B school and management program.

Make a short list of B schools you prefer. Choosing the right management institute and an ideal program is imperative to achieve all your long-term goals in life. Take into consideration all aspects of the college including things like location, feasibility, fees, infrastructure, faculty, amenities, learning environment, student culture, facilities, college ranking, affiliations, accreditations, reputation, alumni, entrepreneurship incubation cell, etc. Also take into account the type of programs the college offers. For students who know the industry they wish to work in, it is wiser to go in for specifically designed programs like e-empowered MBA-Insurance  MBA-Finance (Banking & Insurance) or MBA (Digital Business Management) rather than generic MBA/PGDM degrees. Well-designed and specific management programs provide in-depth knowledge and understanding about the field.

Once you are sure about such things, getting MBA admissions to the B school of your choice will be easier. You can start by preparing for the written entrance test depending on the institutes of interest. These exams are central, in addition to group discussion, personal interview and work experience & academics.

Benefits of MBA in Mumbai

A management degree has become a must for anybody aspiring to acquire a managerial position in the corporate world. This may be a primary reason for the unprecedented popularity of management programmes ranging from full-time MBA to short term specific programs such as hospital management for medical professionals, hospitality and tourism management for professionals from travel and hospitality background, etc. While there are a large number of management colleges throughout the country, wise students look for reputation, location and ranking of the institutes before considering admission. In this regard, students that undertake degrees like MBA in Mumbai or other metropolitans of India are considered the best among others, as most celebrated management institutes are located here.

Today an MBA is no longer just a master’s degree; it is your ticket to enter the global world of business. In view of the fact that Mumbai is the country’s commercial center, it houses some of the top B schools in India today. The location of these management colleges also provides aspirants with several benefits. Some of these are that the student has a greater chance of career advancement. The large number of corporate companies, banks, hospitals, businesses, hotels and much more offer better opportunities for students with talent and degrees from well-known and top ranked B schools / institutes. A MBA from a top B school also ensures that the professional is given an apt designation as well as high salary as compared to fresh graduates or persons without a management qualification.

The best management colleges in Mumbai are known for their campus placements. Many thriving national and multinational companies rely on fresh talents from these colleges to add that extra zing to their work environment. The graduates from such B schools are not treated as freshers. Companies prefer hiring them because they are already as experienced as somebody who has been in the field for a while. They can be put on the spot right from day one. A huge chunk of the credit for this goes to the colleges that prepare these aspirants through well-designed programs, hands-on training, practical learning methods, and much more.

These days, there are many students who choose between pursuing a MBA in Mumbai or other metropolitans in India over going abroad for your management degree. There are many reasons for this. The standard of management education in places like Mumbai has grown to be at par with some of the best institutes from around the world. The kind of exposure a student can get in a place like Mumbai is unparalleled. Plus the cost of studying and living abroad to undertake a degree program can be exorbitant. Typically a foreign MBA degree can cost anywhere from 2 to 10 times that of a MBA from the best Indian B school.