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.

Executive MBA

Executive MBA programs are primarily aimed at experienced business professionals from various fields with more than two years’ working experience. There are many businessmen and professionals that do not get the time or opportunity to acquire an MBA Degree because of the pressing need to work and earn a livelihood; but with management skills being the need of our modern times most executives have now realized the importance of such studies. These career development programs are designed to transform your leadership skills, and increase management aptitude and strategic thinking to take on today’s global business market in your area of work. This is the reason part time Masters Degrees in Business Management are gaining due popularity in the corporate world.

The value of an MBA Degree to scaling the corporate ladder is undeniable. Today, you have an opportunity to acquire this Degree without having to take a break from your job and join a full time MBA program, thanks to the many B schools conducting such programs for your benefit. Plus, there are quite a few advantages involved with undertaking such a program. Firstly, it allows you to study without disturbing your professional standing. The Executive MBA Degree is considered at par with the full time Management Degree within the corporate world. With work experience on your side, you tend to learn quicker and better than someone inexperienced. This translates into better understanding of the subjects and in turn better use of the acquired knowledge in the future. In such programs, there is a huge scope of learning from other candidates, as the class is full of students from various fields and backgrounds. Thus, shared work experiences serve as another kind of learning. Such programs are designed in such a way that they offer niche specializations that help aspirants focus and grasp the subjects well. And lastly, most Executive MBA programs are more economical in comparison to full time MBA Degrees.

Most Executive MBAs are either one year full time or three year part time programs in India. There are some B schools that even offer these courses online or through distance learning mode, giving the candidates flexibility and convenience in learning. These days you can see many corporate houses taking initiatives to urge their employees to take up such programs offered by the leading B schools in the country. Some companies fully fund such employee undertakings, as this directly benefits the company in the long run.

It may be concluded that such programs are a little different from the normal MBA Degree programs. Executive MBA programs focus on specifics and stress on learning through real life experiences and case studies, rather than generalizing the subject and reading up on the topics. Some of the good programs offered in the country are a 3 years part time Masters Degree in Management in Finance, Marketing, Information Management or Human Resource Development (MFM / MMM / MIM / MHRDM).