Myths about MBA

While everyone has heard about the one million and one benefits of doing MBA, one hardly ever discusses or debunks the myths attached to this “magical” degree. There is so much controversy surrounding MBA and PGDM – which one has more value, which one will be recognized abroad and which one is the ticket to millions of dollars once you become an investment banker. The truth is (drum roll please), in the end it only depends on you. No matter how much you study or how hard you work, if you do not access your full potential you are leading a half-baked life, with or without a MBA. While it may sound very brutal, there is no denying that the right education and experiences always open the right doors, but don’t hold your breath! There are many other factors at play; let’s look at some overhyped MBA myths.

MBA plucks you out of the “masses” category and puts you in the “classes” category: Well some people think that simply doing MBA will make them conversation prodigies and networking geniuses, as they will know how to approach opportunities and create a leverage. Well, while these things may work in a professional environment, if you try to convert every social interaction into a professional opportunity, you will soon find your name being dropped from all lists.

MBA will finally give you the tools to implement that multimillion dollar idea: A lot o aspiring entrepreneurs think that if they go ahead and do their MBA before starting their own venture, then there is no stopping them. While it’s good idea to be positive and ambitious, it’s best to take off the rose tinted glasses in the start up phase. MBA or no MBA, it’s going to be a rocky ride – your idea may not generate the response you thought it would, you may have to shelve the company altogether or start from scratch for the third time in two years of operations.

It will all become smooth sailing and easy with MBA: Nothing could be further from the truth! It’s never going to be easy, especially after your MBA. Today’s corporate world is all about deadlines, strategies, crisis management and cash crunch. So if you think that life will be all about holidays and luxurious lunch meetings after MBA, then think again.

The degree matters, not the institute: Choosing the right institute for doing your MBA is extremely important, if you want it to add to your profile while applying for jobs. It is all about the institute, the syllabus and what you could extract from the whole experience. 

Choosing the Right Vocation

The need to create value and the desire to make a difference in the grander scheme of things; these are two things that haunt most people. For some this need to define themselves and their purpose starts at a very early age and somehow magically the right career and vocation finds them instead of it being other way around. For a lot of people, however, it is a constant challenge to find their ultimate purpose in life. They change jobs, get promoted, are good at what they do, but something is always lacking. Is it really possible to combine your career and your vocation aka your true calling? Or will the career always remain something you “have to” do to pay the bills and the vocation will always remain a passion area / creative pursuit?

In order to find one’s true calling or vocation, it is important to correctly define it first. The term vocation is always confused with other correlated terms like job, work profile or career. All these terms, however, mean different things to different people. A job is something you do in order to get a paycheque at the end of every month; in short it is a means to an end kind of proposition. A career on the other hand can be best described as a ladder –promotion, more responsibilities, higher designation are all steps ahead. The rewards in a career are definitely higher than rewards in a job, where you don’t exactly have a sense of direction.

A vocation is something you may invest time, money and effort in, even if it is not really adding to your job or career. It is something that you are really, really passionate about and something that you want to do without snoozing the alarm three times before rolling out of bed.

Everyone is born with a unique set of skills that differentiates them from the crowd. These are gifts that people are born with, but they may take time to identify these gifts in themselves and turn them into a passion or a career. Choosing a vocation has a lot to do with having access to these gifts – it could be attention to detail, time management, being in charge of plans or simply throwing magnificent parties at home. These are the same people that become highly successful in everything from e-commerce ventures to running a cute little bakery to mastering the business of event management.

It can be really frustrating to find satisfaction in what you are doing professionally while you are still trying to figure out your vocation. That’s why it is important to be patient; it is also essential to hold on to your day job till you know exactly where you are headed.

MBA MH- CET

The MBA Maharashtra Common Entrance Test is one among the many entrance tests that are held to ascertain the admission in a Business School in Maharashtra.  After a degree course in Health Sciences, Engineering or Pharmacy, a student can opt for an MBA in his chosen field.  The criteria for eligibility is that a student should have secured a minimum of 50% from any certified university or a CGPA.  There is a relaxation for the students belonging to Other Backward Classes [OBC]; they can apply if they have secured 45% marks in their graduation course.

It is conducted annually by the Directorate of Technical Education.  This test is usually taken in the month of March.  The Directorate maintains and enhances the quality of technical education by formulating policies from time to time.  Its policies are made in consultation with the industries and national institutions.  It contributes to the development of industry and society.

A student who clears the CET is eligible to get an admission in one of the 80 institutions in Maharashtra that are approved by the AICTE, New Delhi.  These colleges that offer the MBA program may be government aided, university managed or unaided institutions. 

The MBA MH-CET is a pre-requisite to get an admission in the desired MBA course.  The application form is available online.  A student fills the application form on the site www.dte.org.in/mba.  He / she must upload the photograph and signature.  A unique application ID and a password are allotted to each candidate.  This is used to find out the result and to follow up on any other notification regarding the examination.  The application form costs Rs. 1,150/- for the general category and is Rs. 950/- for the reserved category. 

Applications that are sent through Post / Courier are not accepted.  No other documents are to be sent at the time of application.  The documents are to be produced only at the time of verification so they are to be kept ready but not sent to the DTE.

The paper consists of 200 questions.  The candidate is given 150 minutes to solve the paper.  The total marks are 200 and the students can be rest assured that there is no negative marking.  There are no sections either.  It consists of questions to test the quantitative ability, verbal ability, reasoning and data interpretation or sufficiency.  The result is declared within a month i.e. usually in April.  85% of the seats are reserved for the students from the state of Maharashtra and 15% are for students from other parts of the country or abroad. The exam is conducted at given centers; the venue is informed on the hall ticket that is given at the time of application along with other details. 

After the result of the CET is declared, group discussions and personal interviews are organized that are comprised of 17 marks respectively.  The past academic record carry 4 marks and 2 marks are allotted for the past work experience.  Thus the result is worked out of 240 marks.  A student is evaluated on all these sections and then the admission for an MBA course is confirmed. 

A student is confirmed based on his merit in the examination through the three CAP rounds.

MBA Banking

Some of the pioneer B schools in the country are now offering campus based eMBA-Finance (Banking & Insurance) program encompassing the whole range of Banking Services – Central, Commercial, Cooperative, Investment and International Banking with Insurance subjects such as Risk Management and Re insurance. Beside the classroom sessions, the MBA banking program includes on the job training, research & industrial project training. Students participate in workshops, seminars and class debates, solve case studies and have an opportunity to learn foreign languages. In addition to the regular curriculum, students undergo training in courses to improve their resourcefulness and networking skills.

These colleges have designed the program specifically, and strive to meet the needs of the fast expanding and crucial Banking Sector globally. The Finance Sector is emerging from its worst crisis in 80 years with tighter regulations and an overhang of debt in the West. The growth of Banking in emerging economies is changing exponentially and there is a need for bankers to address questions relating to opportunities and threats that arise from this and the lessons learnt if any.

Along with globalization, innovations in communication technology and de-regulation, the financial institutions have seen a tremendous transformation. Though these resulted in positive economic benefits such as increased productivity and capital flows, lower borrowing costs and better price discovery & risk diversification, they also lead to greater linkages across financial institutions around the world and increase in exposure to common sources of risk. In other words, the recent financial crisis has shown that financial institutes around the world are highly interconnected and that vulnerabilities in one market can easily spread to other markets outside national boundaries.

Keeping all these scenarios in mind students are exposed to highly effective management programs on skill set development by visiting faculty from reputed B Schools from within India and overseas. Some of the leading colleges of the country make it a priority to regularly interact with international dignitaries from USA, China, Mauritius, Israel, Pakistan, and other nations who impart valuable knowledge to the students. Students passing out of such portals are confident and are encouraged to acquire the required skills to lead and innovate in their career path.

These top institutes are the ones that not only play a part in the education of the students, but also invite top companies for placements and recruitments at the end of the year. They strive to achieve the right job fit with focus on ensuring that the students are placed in a company where they fit-in intellectually and culturally in India or overseas.

RBS, American Express Bank, HDFC, ICICI, AXIS Bank, Kotak Bank, Saraswat Bank and IDBI are some of the Banks which have recruited many MBA Banking students from leading B school campuses.

PGDM

PGDM, which is a Post Graduate Diploma in Management (e-Business), is a sure-shot ticket to enter the world of corporate business. The course is usually spread over six trimesters. The goal of the program is to help students embrace and understand the current business practices and delivery systems in their fields of interest by covering subjects such as introductory as well as advanced e-commerce techniques. These are taught in regards to the conventional management analysis and solutions and training to handle a wide range of business problems. The program offers specializations in Marketing, Finance, HR, Operations and Systems / IT as well as micro specializations like Advertising, Banking, Insurance, CRM, Supply Chain etc.

Ideal for fresh graduates or professionals, the eligibility and other details of such courses can be easily found online. All you need to know are the names of the colleges you are interested in checking out. Most colleges and management institutes have their designated websites on the Internet. These websites have all possible information and comprehensive aspects of the B school showcased to give you a clear idea of what they offer and what you gain from the various programs they provide. The one thing you need to be careful about is the reputation, ranking and standing of a B school. The business world today is highly competitive and hence opting for the best B school in the city is of prime importance. Your PGDM will not have much weight, if the college from which you study is not well-known in the business circles.

It may be advisable to ask around for some names. Look for a B school that has an edge over all others in some way. For example, you can check the management school’s website for whether the college is associated with any foreign bodies, whether they offer any sort of international internships, whether they are sensitive to social causes, any extra curricular activities that they encourage for the students, whether they offer any industry interaction for students to realize their calling, whether they have a good record in terms of placement opportunities, etc. These facets of any management college can provide you with special benefits, when it comes to stepping out with a degree in hand and looking for that right job.

PGDM programs have earned increasing popularity among students and young professionals ever since it was first introduced in the 1960s. Today this well-designed program is one of the most recommended for the e-commerce sector of the business and commercial market. This may be the perfect program for you too. There are many other programs offered by the top B schools in the country that can also be considered in case you feel the PGDM is not what you were looking for. But, no matter what course you choose, make sure it is done through a B school that is reputable.

Part Time MBA

In the fast-paced life we lead today, resources like a part-time MBA is the best way to get that boost for a bright career graph. There are a number of B schools that offer such programs and you can find the institute that suits you best by researching online for programs, faculty, facilities, etc. The most popular post graduate MBA programs in Mumbai are Masters in Human Resource Development Management (MHRDM), Masters in Marketing Management (MMM), Masters Degree in Financial Management (MFM), and Masters Degree in Information Management (MIM). These part-time programs are aimed at allowing executives to pursue advanced studies in the field of their choice and improve their career growth and prospects, without taking a break from their current work or professional post.

MHRDM / MIM / MFM / MMM, all are three year part-time programs affiliated to the Mumbai University. A bachelor’s degree in any discipline from a recognized university and a minimum of two years’ work experience at an executive or supervisory level is considered to be a requisite for eligibility and admission to such programs. The admission process is simple. All you need to do is submit the application form and some relevant certificates before the prescribed due date and do well on the selection process and entrance exam. The candidates are selected on the basis of their scholastic record, level of practical experience, and performance in the entrance exams, which includes a written test (WT), group discussion (GD) and personal Interview (PI).

The MHRDM program is useful for HRD executives and aimed at preparing executives for HR designations in the public and private sector of the market and the program is designed in view of this fact. Thus, the emphasis of the curriculum is on developing a proper role perception of HRD and exposing the candidate to relevant aspects of the field in order to gain confidence to translate policies into actions effectively, while also feeling the pulse of employees at all levels of the set-up.

The MMM program covers all aspects of marketing and aims at developing an integrated management perspective and is ideal for candidates that are working in areas such as sales, marketing research, marketing planning, public relations, advertising, exports, applied economics, distribution, etc.

The MFM program deals with all facets of finance and accounting with an emphasis on managerial applications, while the MIM program aims to impart students with all the proficiency required in fields of software management, IT consultancy, system analysis, software project management, etc.

With such specific and well-designed programs to choose from, you can be sure to find the wherewithal for a flourishing career in Management. Plus, programs like the part time MBA are the need of the hour, in addition to being encouraged by a majority of employers these days. In the competitive job scenario nowadays it is essential to be committed to doing well and working hard to enhance your career prospects in every way possible.

Courses in MBA

The goal of any Management program is to shape professionals and students for present and future challenges of the corporate world and society. It is not just about book learning in the classrooms, but understanding the workings of various industries in the market and practical know-how about managing tasks at different designations and levels in corporations that students aim to become a part of. Therefore, it comes as no surprise that courses in MBA are highly sought after by aspirants who want to achieve success in their chosen professions. Masters in Business Administration courses give the students a choice to specialize in subjects like Marketing, Finance, Human Resource Management, and Information Technology (IT) with International System and Operations.

A majority of the top B schools in the country boast of committing to provide world class education and keeping up with the educational needs of students to face the challenging global business world. In the State of Maharashtra there are a large number of good B schools that can be considered for such education. The city of Mumbai tops the list. This A tier city is home to some of the very best Management institutes of the country. But, if you are looking for a specific MBA program and have some requisites that you prioritize, it may be wise to look into a B school in B tier cities like Nashik and Pune. Smaller cities of the State are developing at a rapid pace in terms of providing the ideal infrastructure for educational needs. These cities sometimes have B schools with better facilities and amenities as compared to A tier cities that lack space for experimental learning and providing the right ambience.

While looking for the ideal Management program for your future betterment, you can start by browsing for options online and doing some research on your own. Some of the popular Management programs available these days are E-empowered Management & Business Administration offered with the option of dual specialization, E-empowered Management & Business Administration in Finance with dual specialization in Banking and Insurance, MHRDM / MFM / MMM / MIM with Marketing / HR / Finance / Information Technology, PGDFT (Post Graduate Diploma in Foreign Trade), MBA in Insurance and Management of Mass Media in the field of Advertising, Journalism and Entertainment.

As well as ADPBM (Advanced Diploma in Pharmaceutical Business Management), and MBA(Master of Business Administration), Post Graduate Diploma in Management (e-Business) and Masters in Management Studies (MMS), which can be undertaken with a specialization in Marketing / Finance / Personnel / Operation / Systems,

With such advanced and comprehensive courses in MBA offered by some of the best B schools in the country, all you need to do is find the one that suits you best and start preparing for entrance exams such as the CAT / MAH-CET / MAT / ATMA / XAT and JMET for admissions.

MBA Distance Education

The main objective of MBA distance education programs is to give you the opportunity to study the various aspects of Management without disrupting your professional life. It breaks through the barriers of time and distance, while providing you with the tools to undertake quality education available through the top B schools located in the country, without worrying about disturbing your location and professional responsibilities or about your age.

There are many flexible programs with options of multiple specializations offered by some of the B schools that provide you with high quality study material and online help to achieve this goal. Programs such as Certificate Course in Management Fundamentals, Diploma Programs in Business Management, Finance, Marketing, HR, Operations and Systems, Advanced Diploma Programs in Business Management, Finance, Marketing, HR, Operations and Systems, and Specialized Diploma Programs in Finance, Marketing, HR, Operations and Systems, are made available by a majority of B schools these days.

This is a great means for professionals who want to advance their career growth. There are some very distinct advantages to doing your distance MBA.

The flexibility it provides to entrants is unparalleled. You can do your studying and course work from just about anywhere, at your own time as per individual convenience.
Secondly, there are plenty of B schools to choose from. The fact that you do not need to settle for the colleges in your city, opens quite a few doors for you. There is no commuting to the college everyday. This is a better benefit than many realize or take into account.

It is in fact such small aspects that build up to saving time to study more and in turn get more out of the program. Another benefit is the cost of such programs. These programs are generally cheaper than full-time courses, in addition to saving you commuting costs and the like. Lastly, you do not have to take time off of work to pursue distance learning programs, which translates into you not stopping the inflow of regular income.

There should be many other factors you take into consideration before making your decision, in addition to seeking admission in one of the top B schools for MBA Distance education programs or a Correspondence MBA. The first step is to search for colleges that offer such programs and shortlist institutes approved by DEC (Distance Education Council). You will need to also compare college accreditations, ranking, placements, PCP (Personal Contact Programs), whether the college provides options of selecting the subjects of your choice, offers specialized Diploma in a subject of your interest, etc. to get a better insight into the matter. Many B schools also offer discounts on the fees for defense services personnel, government service personnel, and the like. Corporate packages for multiple entrants working for a company are also offered by some leading B schools to meet specialized education needs of aspiring professionals.

Therefore, when selecting a B school that offers MBA distance education programs, look for the varying factors that could work in your favour and help you toward your career goals. Check which courses, policies and discount rules apply to you as an applicant, to shortlist among the top B schools in your list. And always make an informed decision to ensure you are getting the best education possible.

Top MBA College in Mumbai

It is extremely important for a candidate to do extensive research on the various B schools of the city before applying for any MBA, MMS or PGDM program. Aspirants from all across the country try and find the top MBA College in Mumbai by searching for listings, websites and blogs on the Internet. Some ask senior students from various institutes, take inputs from newspaper articles or other mass media portals and ask for guidance from teachers and coaches for help in making the right choice. Using the Internet has become one of the most popular ways of acquiring all the needed information about some of the best MBA colleges in Mumbai.

If you are looking to find such a college for further studies, you can simply go online and check for lists of B schools in the city and shortlist the colleges that most interest you. A majority of B schools of the city have their designated websites that provide comprehensive information and details about the offered programs and specializations, the institute, the facilities provided to the students, the faculty and visiting faculty members, the curriculum, etc for your convenience.

Choosing the best B school can be a bit of a challenge, considering there are so many good institutes in the city. A good way of doing this may be to look at each of your preferred B schools a little closely. In other words, check out all the colleges you like, personally. Check out the vibrancy, feel and look of the students first hand. You may even talk to a few students or professors to get a better idea of the kind of standard and code of conduct it follows. In view of the fact that most MBA institutes fall under the private category and are not government aided, it is vital to see the infrastructure and amenities the B school provides for its students. Other crucial aspects that you must consider are the reputation of the B school, its accreditations, the faculty and pedagogy, placements, location of the college, curriculum, the institute’s ranking and cost of the program.

Once you have checked the selected list of B schools on all these grounds, you will realize that only the best MBA colleges in Mumbai match up to the high standards of education you desire. You may notice that these few institutes are not only strategically located in the city, but also boast of having a state of the art infrastructure. They have a reputation of providing first-class education, are associated with government organizations or accredited by international associations. Having employed a fleet of expert faculty to mold impressionable minds of future leaders and entrepreneurs, these B schools also offer excellent placement opportunities for their students. All you need to do after that is select the top MBA College in Mumbai and start preparing for your entrance exams.

E-MBA in Finance (Banking & Insurance)

A large number of B schools across the country offer a wide range of management programs for entrants like e-empowered Management & Business Administration, e-empowered Management & Business Administration in Finance covering Banking and Insurance i.e. e-MBA in Finance (Banking and Insurance), Post Graduate Diploma in Management with e-Business, Masters in Management Studies (MMS), MHRDM / MFM / MMM / MIM, Masters of Business Administration with specializations in marketing, finance, personnel, systems and operations, Advanced Diploma in Pharmaceutical Business Management (ADPBM), and Post Graduate Diploma in Foreign Trade (PGDFT). E-MBA Finance with banking and insurance is a professional program targeted at fresh graduates of any discipline as well as executives and professionals who are looking to grow further in their chosen field.

This distinguished course done through a reputed B school may cover a range of topics such as central banking, commercial banking, investment banking, cooperative banking, principles of management, accounts and finance for managers, business environment, ERP, managing personnel, production and operations management, marketing management, managerial economics and quantitative techniques for managers. Also, entrepreneurship, strategies for management, principles of banking, international banking management, information technology in banking, regulations and compliances for banking sector, risk and treasury management, security analysis, bank portfolio management, project management, business laws used in banking, research methodology, business ethics, corporate governance and international trade for aspirants in the banking sector. There are similar distinctions covered for the field of Insurance as well such as accounts and finance for managers, insurance business environment, managerial economics, insurance and risk management, life and non-life insurance, management in insurance companies, business communication, insurance marketing, and reinsurance. Some of the leading B schools have exceptional courses for MBA Finance in view of the fact that banking and insurance are the two fastest growing segments in the financial sector of the country today.

While one may find many B schools that have courses which are dedicated to only Banking or Insurance, it is advisable to enroll for a dual specialization for its many benefits. Seeing that these two segments of the financial sector do work hand in hand, it is best for any aspirant to know the internal working of both fields. It is advisable to seek admissions at B schools that focus on meeting international standards such as that set by the IRDA in London. This initiative can open career doors to 150 countries from across the world for you.

With such exclusively planned courses like e-MBA Finance in Banking and Insurance available, not only aspiring graduates, but also a large number of executives from the finance field are seeking admissions in well-known B schools of the country. In fact, there has been a substantial growth in admissions since the introduction of these courses and the many colleges and institutes are already bringing into being a fleet of business leaders, managers and top class entrepreneurs.

Importance of CET & MH-CET in MBA

The Common Entrance Test (CET) is a competitive exam conducted in the various states of India. The purpose of the exam is to determine the aptitude and intelligence of the student, on the basis of which he can then seek admission for various management courses at the top B schools of the state. In the state of Maharashtra this exam is also known as MHCET / MH-CET. MBA CET exams are conducted by the Directorate of Technical Education (DTE). In Maharashtra over 298 institutes accept the scores attained by students through this exam, as the primary basis for admissions, including 59 B schools in Mumbai itself.

In the state of Maharashtra, the government is conducting this exam annually for MBA & MMS programs such as Master of Business Administration, Master of Management Studies, Post Graduate Diploma Course in Management (PGDM), Post Graduate Course in Business Management (PGDBM), etc. The MHCET written examination contains 200 multiple choice questions (MCQ) that are to be solved in 150 minutes. While there is no age limit for admissions for MBA degree courses, the eligibility criteria are that the candidate must have a passing certificate with a minimum of 50 % marks in aggregate score in any Bachelors degree and appeared for CET or MHCET, GD (group discussion) and PI (personal interview).

To secure admissions in one of the top B schools in the state for MBA, MHCET examination must be taken seriously. It may be of great help to know that the written paper consists of testing the candidate’s verbal ability and reading comprehension, and quantitative aptitude and logical/abstract reasoning. The total marks allotted for group discussion, personal interview, academics and work experience are 40, while the written paper holds 200 marks. There is no negative marking for the exam and candidates that secure over 30 marks out of 200 are shortlisted for the GD and PI.

It is crucial for a candidate to learn and revise topics like verbal ability, reading comprehension, quantitative analysis, data interpretation, data sufficiency, analytical reasoning, verbal reasoning, and non-verbal reasoning to improve their score. Some of the reference books that may come handy in order to re-acquaint with or improve your knowledge on these topics are Verbal Ability and Reading Comprehension, Quantitative Aptitude for MBA Entrance Examination, Mathematics for MBA Entrance Exams, The Personal Guide to MBA Entrance Examination, etc.

MBA CET or MBA MH CET examinations are your door to the corporate world. Knowing and acknowledging the importance to do well in this exam may be one of the most important decisions of your life. After all, in the world we live in today a degree in Arts, Commerce or Science is not enough for acquiring executive positions in the corporate sector. You need to equip yourself with all the power you will need to make your future a bright and successful one.

MBA Institutes in Mumbai

A Masters in Business Administration (MBA/MMS/PGDM/eMBA) is fast becoming one of the most sought after courses to enter the corporate world of today. This is so, not just among graduate students, but also for executives who are already a part of the professional workforce. Even though, students see these business administration programs as a step towards the job they desire and the designation they aspire to get, for executives who are already a part of the corporate working such courses improve their possibilities to rise higher up the designation or corporate ladder of the company, not to mention boost chances of a better pay and title on switching the company. And since the city is the commercial capital of India, MBA institutes in Mumbai are singled out to be some of the best B schools in India.

While there are quite a few MBA institutes in the city, finding a course that suits you best and getting a degree from a highly reputed B school are two most crucial factors, which will determine the scope of job opportunities for your future. Holding an MBA degree can open a lot of doors in terms of various fields in the market, further educational prospects in foreign countries, exposure to the corporate world, trying out for government positions like IAS, etc. There are many government as well as private MBA institutes present in the city. It is important that you choose your B school wisely. It may be advisable to read up and ask around about the institutes’ reputation, credentials and associations or accreditations before applying.

Pursuing your MBA in Mumbai has its own distinctive advantages. In view of the fact that the city is booming in the commercial and financial sector, there are a lot more placement opportunities here as compared to other parts of the country. Another advantage is the kind of exposure Mumbai offers, which is unparalleled in every way. Lastly, the city is home to some of the very best business colleges and institutes in India. These B schools are known for their high quality of education and conduct, and play a major role in the financial and economical development of India by providing a competent and organized workforce that is trained to excel.

It can be said that the power of your MBA in mumbai depends largely on the reputation of the MBA institute in Mumbai. In addition to your acquired grades. Institutes offer plenty of courses to choose from, and even options like part time MBA degrees or executive masters degrees in business management. So, take your time, do some research on the subject and select the best college; choosing the ideal course for your requirement can make all the difference in your résumé and get you one big step closer to your dream job.

AICTE Approved MBA Colleges

The All India Council for Technical Education (AICTE) is the statutory National-level body for technical education. Recognizing the strong link between quality education and the economic progress of the country, the council’s objectives are to promote the quality of technical education, plan and co-ordinate the various developments taking place in the technical educational system, and regulate and maintain the set norms and high standards. This is the reason behind students opting for AICTE approved MBA colleges in India. These colleges offer a wide range of courses like eMBA, eMBA in Finance (Banking & Insurance), Post Graduate Diploma in Management, Masters in Management Studies, MBA, Post Graduate Diploma in Foreign Trade, Advanced Diploma in Pharmaceutical Business Management, MMM, MIM, MFM, MHRDM, etc.

If you are researching online to find good colleges in India for MBA admissions, it may be wise to know if the colleges you short-list are either AICTE approved or rank among the top B schools in the country. This can open a lot of doors for your aspired future, if you are planning to undertake further studies abroad, look for jobs in India or other countries, or even if you want to consider giving exams like IAS, UPSC, IPS, etc., that can brighten your future prospects. That being said, it is a fact that the private sector industries focus more on reputed and top B schools, and an autonomous program from a highly ranked school would be appropriate too. However, keep in mind that a MBA from a college that has the AICTE accreditation, can help you go abroad for further studies or be valuable in case you wish to apply for any government positions or jobs.

To study at any of the reputed MBA colleges of the country, you will have to go through the formalities that will get you admitted into the college. Getting MBA admissions can be quite challenging, especially if you have the top colleges in mind. There are many MBA entrance exams such as CAT – Common Admission Test, MAT – Management Aptitude Test, JMET – Joint Management Entrance Test, ATMA – AIMS Test for Management Admission, MAH-CET – Maharashtra MBA Common Entrance Test, etc. that may be applicable to where you are located in the country or where you wish to study. Depending on the institute you will then have to go through a selection process that includes a written test, group discussion and personal interview.

There are presently over 1800 institutes that offer courses in Management in India and out of these the ones considered the best are usually AICTE approved MBA colleges. So if you are now en route to selecting the ideal college that might give you the resources needed to enter the corporate world with confidence, be sure to give due consideration to colleges that have government accreditation.

Management Colleges in Mumbai

Being the capital of the state of Maharashtra, economical and commercial capital of the country, and one of the most densely populated cities in the world; it comes as no surprise that there are a number of excellent Management colleges in Mumbai. To get a decent job after graduation is a thing of the past. Today, corporate companies and most enterprises look for a post graduate degree that ensures the quality of work and knowledge of the candidate. Thus, post graduate education is gaining importance throughout the country. Students are no longer content with having a Bachelors Degree in Arts, Commerce or Science, but start gearing up for entrance exams like CET, MAT, XAT, ATMA, JMET, MAH-CET and CAT as soon as they appear for their final year’s examination.

If you are a fresh graduate or even already a part of the executive workforce but want to get ahead by adding another degree to your résumé, Masters in Management Studies, an MBA or a PGDM can give you the boost you need. Most management colleges offer courses such as Certificate Course in Management Fundamentals, Masters Degree in Financial Management (MFM), Masters in Marketing Management (MMM), e-MBA (Master in Business Administration), Masters in Human Resource Development Management (MHRDM), Post Graduate Diploma in Management (PGDM), Master of Business Administration (MBA), Masters in Management Studies or even specialised management courses like MBA-Insurance or MBA-Finance with Banking and Insurance, etc. Resources like the Internet have made researching such colleges/institutes an easy task. All you need to do is find the course you wish to undertake, and find relevant information that will help you get admission in one of the fine management institutes in Mumbai.

Finding an ideal institute can be a bit challenging for any student coming to Mumbai for education or any executive who has not attended a college/institute for years now. While it may be overwhelming to browse through management institute websites and making up your mind about the right institute for you, remember that this is a crucial part of the process. It is vital to shortlist institutes and colleges/institutes that have a good reputation that precedes them in terms of faculty, facilities, internship opportunities, placements, infrastructure, educational loan (if applicable) and standard of education. It is advisable to go through the list of awards and honours that the institute has been bestowed with, in addition to making enquiries to your friends or colleagues about the colleges/institutes you are thinking about.

Once you are surer about the ideal fit for you out of all the management colleges in Mumbai, you can start working on the admission process. You will have to clear an entrance examination like (Common Admission Test) CAT, (Common Entrance Test) CET, JMET, ATMA, XAT or MAT (Management Aptitude Test) with flying colours, after which the admission will be offered based on your cumulative scores of the written test, group discussion, personal interview, and work experience if any. Yes, it is a process where you will have to put in hard work but remember it is one which will affect your future career decisions and choices. With such a tremendous degree in hand, you can then venture into the field of your choice with ease and confidence.